AECI LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1924/002590/06
Share code: AFE ISIN: ZAE000000220
Hybrid code: AFEP ISIN: ZAE00000238
Bond company code: AECI
LEI: 3789008641F1D3D90E85
(AECI or the Company or the Group)
NOTICE OF ANNUAL GENERAL MEETING AND CHANGES TO THE BOARD AND BOARD COMMITTEES
1. NOTICE OF ANNUAL GENERAL MEETING
Notice is hereby given that the 102nd annual general meeting (AGM) of AECI
shareholders (Shareholders) will be held at AECI Place, 24 The Woodlands,
Woodlands Drive, Woodmead, Sandton on Wednesday, 27May2026 at10:00 (SAST). The
notice of AGM, incorporating, inter alia, a form of proxy and the Group's
audited consolidated and separate annual financial statements for the year ended
31 December 2025, will be distributed to Shareholders on Wednesday, 22 April
2026. The notice of AGM is available on the Company's website at
https://investor.aeciworld.com/results-reports-presentations.php.
Shareholders or their proxies may participate in the AGM electronically and if
they wish to do so, should make application by email to the Group Company
Secretary ([email protected]) by no later than 10:00(SAST) on Monday,
25 May 2026, in order for the Group Company Secretary to provide the Shareholder
or such Shareholder's proxy with details as to how to access the AGM by way of
electronic participation.
The salient details of the AGM are as follows:
+--------------+----------------------------------------------------------------
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|Issuer Name |AECI Limited
|
+--------------+----------------------------------------------------------------
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|Type of |Ordinary shares
|
|Instrument |
|
+--------------+----------------------------------------------------------------
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|ISIN |ZAE000000220
|
+--------------+----------------------------------------------------------------
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|JSE code |AFE
|
+--------------+----------------------------------------------------------------
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|Meeting type |Annual General Meeting
|
+--------------+----------------------------------------------------------------
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|Meeting venue |AECI Place, 24 The Woodlands, Woodlands Drive, Woodmead,
Sandton, |
| |2191
|
+--------------+----------------------------------------------------------------
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|Record date to|Friday, 10 April 2026
|
|determine |
|
|which |
|
|Shareholders |
|
|are entitled |
|
|to receive the|
|
|notice of AGM |
|
+--------------+----------------------------------------------------------------
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|Distribution |Wednesday, 22 April 2026
|
|of the notice |
|
|of AGM to |
|
|Shareholders |
|
+--------------+----------------------------------------------------------------
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|Last day to |Tuesday, 12 May 2026
|
|trade in order|
|
|to be recorded|
|
|in the |
|
|register to be|
|
|able to |
|
|attend, |
|
|participate in|
|
|and vote at |
|
|the AGM |
|
+--------------+----------------------------------------------------------------
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|Record date to|Friday, 15 May 2026
|
|determine |
|
|eligible |
|
|Shareholders |
|
|entitled to |
|
|attend, |
|
|participate in|
|
|and vote at |
|
|the AGM |
|
+--------------+----------------------------------------------------------------
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|Deadline for |10:00 (SAST), Monday, 25 May 2026
|
|the lodging of|
|
|forms of proxy|
|
|(for |
|
|administrative|
|
|purposes)* |
|
+--------------+----------------------------------------------------------------
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|AGM date |10:00 (SAST), Wednesday, 27 May 2026
|
+--------------+----------------------------------------------------------------
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|Publication of|Wednesday, 27 May 2026 and by no later than 10:00 on Friday,29
May 2026 |
|AGM results |
|
+--------------+----------------------------------------------------------------
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*Any forms of proxy not received by this date may be handed to the Chairperson
of the AGM prior to the proxy exercising the Shareholder's rights at the AGM.
2. CHANGES TO THE BOARD AND BOARD COMMITTEES
In compliance with paragraph 6.71 of the JSE Listings Requirements, Shareholders
and AECI noteholders (Noteholders) are advised that Ms FFT Dludlu (De Buck)
shall resign as a director of the Company with effect from the conclusion of the
AGM.
Furthermore, Ms PMM O'Brien, Mr ST Coetzer and Ms NT Moholi, who are due to
retire by rotation at the AGM in accordance with the Company's memorandum of
incorporation, have indicated that they will not make themselves available for
re-election and consequently will step down from the AECI board of directors
(Board) at the conclusion of the AGM.
The Board records its sincere appreciation to the above directors for their
valuable contribution and dedicated service to the Company during their tenure.
Shareholders and Noteholders are further advised of the following reconstitution
of, and changes to, theCompany's Board committees with effect from the
conclusion of the AGM:
- the Audit & Risk Committee members will comprise Ms Marna Roets
(chair), Mr Walter Dissinger, MrBillyMawasha and Mr July Ndlovu;
- the Social, Ethics & Safety Committee members will comprise Mr Billy
Mawasha (chair), Ms Philisiwe Sibiya, Mr Walter Dissinger and Mr Steve Dawson;
- the Strategy & Investment Committee will comprise Mr Steve Dawson
(chair), Ms Philisiwe Sibiya, MrWalterDissinger and Mr July Ndlovu;
- the Remuneration Committee will comprise Mr July Ndlovu (chair), Ms
Marna Roets, Ms Philisiwe Sibiya and Mr Billy Mawasha; and
- the Nominations, Governance & Directors' Affairs Committee will
comprise Ms Philisiwe Sibiya (chair), MrSteve Dawson, Ms Marna Roets, Mr Walter
Dissinger and Mr July Ndlovu.
Woodmead, Sandton
22 April 2026
Equity Sponsor: One Capital
Debt Sponsor: Questco Proprietary Limited
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/aeci-limited/r/notice-of-agm-and-changes-to-the-board-and-board-committees,c4338721
