WEAVER FINTECH LIMITED - Report on proceedings at the annual general meeting

Decision framework

Current stance: Filing Neutral

Evidence from the filing

• The company maintains its capital allocation flexibility through the renewed general authorities to issue shares for cash and repurchase shares.

  “Ordinary resolution number 7: 100% 0% 98,066,870 91.88% 0.01% To approve the issue of shares for cash ... Ordinary resolution number 9: 91.79% 0.09% 98,066,870 91.88% 0.01% To approve the general authority to repurchase shares by the Company”

• The approved general authority to repurchase shares is a standard tool but inherently diverts capital away from internal growth initiatives.

  “Ordinary resolution number 9: 91.79% 0.09% 98,066,870 91.88% 0.01% To approve the general authority to repurchase shares by the Company”

• The company flagged that recent amendments to the South Africa Companies Act regarding remuneration disclosure will introduce new compliance standards for the 2026 reporting cycle.

  “The Company notes that certain provisions of the South Africa Companies Amendment Act No. 16 of 2024 relating to remuneration disclosure and approvals came into effect on 22 May 2026, being after the Weaver Notice of AGM, Integrated annual report, and related shareholder materials had already been distributed.”

• Key governance structures remain stable with the reappointment of PricewaterhouseCoopers as external auditors and the ratification of board appointments.

  “In this regard, Weaver confirms the voting statistics from the AGM as follows: Resolutions Votes cast disclosed as a Number of shares Shares voted Shares abstained percentage in relation to the total voted disclosed as a disclosed as a number of shares voted at the AGM percentage in percentage in relation to the total relation to the total issued share issued share capital* capital* For Against Ordinary resolution number 1: 100% 0% 98,066,870 91.88% 0.01% To present and adopt the annual financial statements for the year ended 31 December 2025 Ordinary resolution number 2.1: 91.79% 0.09% 98,066,870 91.88% 0.01% Appointment of Pierre Joubert as a lead independent non-executive director of the board Ordinary resolution number 2.2: 100% 0% 98,066,870 91.88% 0.01% Appointment of Gregoire Lartigue as a non- executive director of the board Ordinary resolution number 3.1: 100% 0% 98,066,870 91.88% 0.01% To reappoint Roderick Phillips as chairperson of the audit and risk committee for the group Ordinary resolution number 3.2: 91.79% 0.09% 98,066,870 91.88% 0.01% Subject to resolution number 2.1 to reappoint Pierre Joubert as a member of the audit and risk committee Ordinary resolution number 3.3: 100% 0% 98,066,870 91.88% 0.01% To reappoint Marlisa Harris as a member of the audit and risk committee Ordinary resolution number 4: 100% 0% 98,066,870 91.88% 0.01% To appoint PricewaterhouseCoopers as external auditors of the group Ordinary resolution number 5.1: 100% 0% 98,066,870 91.88% 0.01% To reappoint Eduardo Gutierrez-Garcia as chairperson of the social and ethics committee for the group Ordinary resolution number 5.2: 100% 0% 98,066,870 91.88% 0.01% To reappoint Roderick Phillips as a member of the social and ethics committee Ordinary resolution number 5.3: 100% 0% 98,066,870 91.88% 0.01% To reappoint Sean Wibberley as a member of the social and ethics committee Ordinary resolution number 6: 100% 0% 98,066,870 91.88% 0.01% To adopt the Social and Ethics report for the year ended 31 December 2025 Ordinary resolution number 7: 100% 0% 98,066,870 91.88% 0.01% To approve the issue of shares for cash Ordinary resolution number 8: 100% 0% 98,066,870 91.88% 0.01% To approve the non-executive directors' fees Ordinary resolution number 9: 91.79% 0.09% 98,066,870 91.88% 0.01% To approve the general authority to repurchase shares by the Company Non-binding advisory resolution number 1: 100% 0% 98,066,870 91.88% 0.01% To endorse the remuneration policy Non-binding advisory resolution number 2: 100% 0% 98,066,870 91.88% 0.01% To endorse the Group's remuneration implementation report Special resolution number 1: 100% 0% 98,066,870 91.88% 0.01% To approve the granting of financial assistance to directors *Total issued share capital is 106,730,376 The Company notes that certain provisions of the South Africa Companies Amendment Act No.”

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