Capitec Bank (CPI) AGM 2026 summary

Opening remarks and agenda

• Chair welcomed attendees and outlined the meeting's purpose: to pass a special resolution amending preference share terms in the Memorandum of Incorporation.

• Confirmation of quorum and proper constitution of the meeting, with notice distributed on June 30, 2026.

Shareholder proposals

• The sole agenda item was a special resolution to approve amendments to preference share terms as required by regulatory changes.

• Amendments were necessitated by updates to JSE Listings Requirements, Companies Act, Financial Sector Regulation Act, and related standards.

• Amendments do not dilute voting rights, affect economic entitlements, or alter the nature of preference shares.

Q&A with stakeholders

• Attendees were invited to submit questions via the virtual platform, but no questions were received.