Quantum Foods shareholders reject special resolution on additional remuneration for new non-executive directors

• Quantum Foods shareholders voted down all three special resolutions tied to a proposed non-executive director remuneration restructure via a written consent process under Section 60 of South Africa’s Companies Act.
• The resolution to authorize additional pay for newly appointed non-executive directors for April 1 to June 30, 2026 failed, with 48.83% in favor and 51.17% against.
• Two further resolutions were rejected:
  • Authorize additional remuneration for Wouter André Hanekom for October 1, 2025 to June 30, 2026 (20.1% support).
  • Set non-executive director fees from July 1, 2026 (20.1% support).
• About 120,478,029 shares were voted, representing 59.03% of shares in issue.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Quantum Foods Holdings Ltd. published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S604353), on October 05, 2026, and is solely responsible for the information contained therein.