Below are notes from the AGM hosted in February 2021.

Welcome and Quorum

1. The Chair welcomed Members and residents to the first virtual BRA AGM.
2. Attendance and apologies as per attendance register.
3. A quorum was declared. 4
4. Chair confirmed that notice of the meeting, agenda and proposed resolutions were distributed in accordance with the MOI.
5. Chair acknowledged the ongoing Covid pandemic and the loss of life and employment. He expressed the Board’s deepest condolences to all who are grieving, and wished a speedy and full recovery to any who are ill.

Financial Report

1. Chair confirmed that the financials had been distributed to Members prior to the AGM.
2. Chair shared brief notes regarding financial status and confirmed that the BRA is finacially solvent and a going concern.
3. Members voted to confirm the Financials.

Board report

1. Directors provided an overview of activities using the attached presentation.

Appointment of directors

1. Meeting acknowledged the contribution and accepted the resignations of Waseem Raza and Lapo Dlamini as directors.
2. Meeting voted to confirm the re-election of directors Steven Freemantle, Davy Ivins, Lauren Nightingale, Imraan Norath, Jay Soudamma and Jacqueline Williams.
3. Meeting voted to confirm the appointment of Sifiso Magagula in terms of MOI clause 11.9
4. Meeting voted to elect the following duly nominated directors: Jacques Louwrens: Senior Portfolio Manager – Customer Experience & Dispute Resolution, Absa Group; Jessica Louwrens: Managing Director, IKMS Consulting (Pty) Ltd, Nicolene Steyn: Managing Director, Complire Risk Advisory Services Pty Ltd

General

No matters were submitted by Members prior to the AGM. In terms of MOI clause 19.4 no items not appearing on the Agenda may be discussed.

Close of meeting

The meeting was closed with the Chairman's thanks and appreciation.

Annexure

/sites/mybuccleuch.co.za/files/documents/AGM/BRA%202020%20AGM%20Presentation.pdf