The Directors of TSL Limited wish to advise the Company’s shareholders and investing public that the results of the 64th Annual General Meeting held on 23 March 2022 were as follows:
| Resolution Number | Resolution | Status |
|---|---|---|
| 1.1 | Resolution to receive, consider and adopt the minutes of the previous Annual General Meeting held on 25th March 2021. | Passed |
| 1.2 | Resolution to receive, consider and adopt the Audited Financial Statements and Reports of the Directors and Auditors for the financial year ended 31 October 2021. | Passed |
| 2. | Resolution to approve payment of Dividend. | Passed |
| 3.1 | Resolution to re-elect Mr Washington Matsaira to the Board. | Passed |
| 3.2 | Resolution to re-elect Mr Prashant Shah to the Board. | Passed |
| 3.3 | Resolution to re-elect Mr Bongai Zamchiya to the Board. | Passed |
| 3.4 | Resolution to re-elect Mr Hamish Bryan Wilburn Rudland to the Board. | Passed |
| 4. | Resolution to approve the remuneration of the Directors for the year ended 31 October 2021, and to fix the budget for fees payable to the Directors for the year ending 31 October 2022. | Passed |
| 5.1 | Resolution to approve the remuneration of the auditors, Messrs Ernst & Young Chartered Accounts (Zimbabwe) for the year ended 31 October 2021. | Passed |
| 5.3 | Resolution to appoint Messrs PricewaterhouseCoopers (Zimbabwe) as external auditors for the current financial year. | Passed |
| 6. | Resolution to renew Company’s authority to purchase its own shares. | Passed |
| 7. | Resolution to authorize Company to grant loans or provide security for a loan to Executive Directors. | Passed |
By Order of the Board.
Fadzayi Pedzisayi
Company Secretary
28 March 2022
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TSL Limited is a holding company incorporated and domiciled in Zimbabwe, whose shares are publicly traded on the Zimbabwe Stock Exchange.
Founded in 1957, TSL Limited is an integral and intelligent handler of all movement in the agricultural value chain. We provide comprehensive solutions in the agricultural value chain – from seed to shelf.
We provide agricultural inputs (chemicals, fertilisers and packaging), a market exchange platform and end-to-end logistics solutions to producers and processors of agricultural commodities on our intelligent and integrated business platforms.