Cresta Marakanelo : ANNUAL GENERAL MEETING RESULTS ANNOUNCEMENT

CRESTA MARAKANELO LIMITED

Incorporated in the Republic of Botswana on 23 August 1974

Registration number BW00001308618

Share Code: CML ISIN: BW 000 000 0892

ANNUAL GENERAL MEETING RESULTS ANNOUNCEMENT

The Directors of Cresta Marakanelo Limited ("Cresta" or "the Company") are pleased to announce the results of the Annual General Meeting ("AGM") of shareholders held on 27 June 2024 at Cresta Lodge, Gaborone.

The meeting was duly convened and met the quorum requirements in terms of the Company's Constitution. Shareholders holding a total of 167 549 895 shares were represented at the AGM either in person or by proxy, representing 90.8% of the issued share capital of the Company. All resolutions were passed without amendment.

The results of the resolutions passed are shown below:

ORDINARY BUSINESS RESOLUTIONS	Votes in Favour as %	Votes against as %	Shares abstained as %
of those voting	of those voting	of issued share capital
	To receive, consider and adopt the audited annual financial
1	statements for the year ended 31 December 2023 together with	100%	0%	0%
	the directors' and auditors' reports thereon.
2	To approve the remuneration of the external auditors, Deloitte &	100%	0%	0%
Touche for the year ended 31 December 2023.
	To approve the appointment of Deloitte & Touche as external
3	auditors for the year ending 31 December 2024 and to authorize	100%	0%	0%
	the Board of Directors to determine their remuneration.
4	To approve the Remuneration report for the year ended 31	100%	0%	0%
December 2023.
5	To approve the Directors' remuneration for the year ended 31	99.7%	0.3%	0%
	December 2023.
	To re-elect Mr Joseph Hundah who retires by rotation pursuant
6	to section 20.10.1 of the Constitution of the Company, and who,	100%	0%	0%
	being eligible, offers himself for re-election as a Director.
	To re-elect Mr Ditirwa Mphoeng who retires by rotation pursuant
7	to section 20.10.1 of the Constitution of the Company, and who,	100%	0%	0%
	being eligible, offers himself for re-election as a Director.
	To re-elect Ms Angelica Bojosi who retires by rotation pursuant
8	to section 20.10.1 of the Constitution of the Company, and who,	100%	0%	0%
	being eligible, offers himself for re-election as a Director.

For and on behalf of the Board of Directors.

28 June 2024