NOTICE TO THE MEMBERS OF THE ANNUAL GENERAL MEETING AND CVS OF CANDIDATES STANDING FOR ELECTION (continued) 4. To elect and appoint trustees, by ordinary resolutions, in place of those trustees retiring in accordance with the Trust Deed which established and governs the Trust (Trust Deed). Dr D P du Plessis will be retiring from the PPS Holdings Trust Board at the conclusion of this annual general meeting. In addition, Mr A H de Vries, Dr N H P Khosa and Dr C M Krüger are retiring by rotation at the meeting in terms of the Trust Deed. The following Trustees, being eligible for re-election and appointment, offer themselves for re-election and appointment as trustees of the Trust: 4.1 Mr A H de Vries 4.2 Dr N H P Khosa 4.3 Dr C M Krüger In addition, the following candidates have been nominated for election and appointment as trustees of the Trust in terms of the Trust Deed: 4.4 Mr K Elliott 4.5 Mr D R Govender 4.6 Dr A Huggett 4.7 Dr A Mayekiso 4.8 Prof N Mofolo 4.9 Mr A L Peter 4.10 Dr K H Rapetswa 4.11 Ms M J Vermeulen (Abbreviated biographical details of the persons referred to above are set out on pages 244 to 256 of this Integrated Report). EXPLANATORY NOTE ON THE APPOINTMENT OF THE TRUSTEES The Trust Deed provides for a maximum of 20 Trustees, all of whom are appointed in accordance with the Trust Deed. In terms of clause 5.3.1 of the Trust Deed, a maximum of ten Trustees may be appointed by the members in general meeting. There are currently 10 elected Trustees, of whom three are required to retire by rotation in terms of clause 7.2.1 of the Trust Deed. Following these retirements by rotation and Dr D P du Plessis’ retirement, there will be six elected trustees in office. There are therefore four vacancies and there are 11 nominees for these vacant positions (including the three Trustees who retire by rotation and who offer themselves for re-election and appointment). The Trust Deed provides that: (i) Each candidate will be voted upon by a separate election resolution and if the election resolution is not approved then that candidate is not appointed. (ii) If the number of candidates whose election resolutions are approved exceeds the above-mentioned number of vacancies, the result of the voting shall be determined in accordance with the number of votes cast in favour of each approved election resolution so that the vacancies will be filled by those candidates whose approved election resolutions received the highest number of favourable votes. 5. To elect the Audit Committee of the Trust by ordinary resolutions. The following trustees, who meet the requirements of paragraph 26.1 of the Trust Deed, nominated by the Group Nominations Committee and recommended by the Board, have offered themselves for election: 5.1 Ms D L T Dondur 5.2 Mr S Trikamjee 5.3 Prof H E Wainer 241 Notice to the Members of the Annual General Meeting
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