SENS Announcement | 28 July 2015
RESULTS OF ANNUAL GENERAL MEETING. CHAIRMAN'S STATEMENT AND CHANGES TO THE BOARD
ADvTECH Limited
(Incorporated in the Republic of South Africa)
(Registration number 1990/001119/06)
Share code: ADH ISIN: ZAE000031035
("ADvTECH" or "the Company")
RESULTS OF ANNUAL GENERAL MEETING. CHAIRMAN'S STATEMENT AND CHANGES TO THE BOARD
ADvTECH shareholders are advised that at the annual general meeting ("AGM") of shareholders held on Tuesday, 28 July 2015, all the ordinary and special resolutions as set out in the notice of AGM, with the exception of ordinary resolution number 9 (dealing with the issue of shares for cash), were approved by the requisite majority of shareholders present or represented by proxy.
The meeting was well attended with 382 234 615 ADvTECH shares, representing 84,01% of the total ordinary issued share capital of ADvTECH, voting in person or by proxy.
The resolutions proposed at the AGM, together with the percentage of shares abstained (as a percentage of total issued share capital of the Company), as well as the percentage of votes carried for and against each resolution (as a percentage of shares voted), are as follows:
1. Ordinary resolution number 1: Adoption of annual financial statements
| FOR | AGAINST | ABSTAIN |
|---|---|---|
| 380 036 903 | - | 2 197 712 |
| 100% | - | 0.48% |
2. Ordinary resolution number 2: Re-election of Mr. C.H. Boulle as a non executive director
| FOR | AGAINST | ABSTAIN |
|---|---|---|
| 220 903 255 | 161 323 826 | 7 544 |
| 57.79% | 42.20% | <0.01% |
3. Ordinary resolution number 3: Re-election of Professor B.M. Gourley as a non-executive director
| FOR | AGAINST | ABSTAIN |
|---|---|---|
| 220 891 764 | 159 145 149 | 2 197 712 |
| 58.12% | 41.88% | 0.48% |
4. Ordinary resolution number 4: Re-election of Mr. J.C. Livingstone as a non executive director
| FOR | AGAINST | ABSTAIN |
|---|---|---|
| 373 926 059 | - | 8 308 556 |
| 100% | - | 1.83% |
5. Ordinary resolution number 5: Re-election of Mr. C.H. Boulle as a member of the audit committee
| OR | AGAINST | ABSTAIN |
|---|---|---|
| 220 435 055 | 159 601 848 | 2 197 712 |
| 58.00% | 42.00% | 0.48% |
6. Ordinary resolution number 6: Re-election of Professor B.M. Gourley as a member of the audit committee
| FOR | AGAINST | ABSTAIN |
|---|---|---|
| 214 342 504 | 165 694 399 | 2 197 712 |
| 56.40% | 43.60% | 0.48% |
7. Ordinary resolution number 7: Re-election of Mr. M. Nyati as a member of the audit committee
| FOR | AGAINST | ABSTAIN |
|---|---|---|
| 221 539 493 | 158 497 410 | 2 197 712 |
| 58.29% | 41.71% | 0.48% |
8. Ordinary resolution number 8: Appointment of auditors
| FOR | AGAINST | ABSTAIN |
|---|---|---|
| 380 036 903 | - | 2 197 712 |
| 100% | - | 0.48% |
9. Ordinary resolution number 9: Issuing of shares for cash
| FOR | AGAINST | ABSTAIN |
|---|---|---|
| 218 518 198 | 161 518 705 | 2 197 712 |
| 57.50% | 42.50% | 0.48% |
10. Ordinary resolution number 10: Non-binding advisory vote – Remuneration policy
| FOR | AGAINST | ABSTAIN |
|---|---|---|
| 319 504 423 | 52 131 583 | 10 598 609 |
| 85.97% | 14.03 | 2.33% |
11. Special resolution number 1: Conversion of shares from par value to no par value
| FOR | AGAINST | ABSTAIN |
|---|---|---|
| 380 036 903 | - | 2 197 712 |
| 100% | - | 0.48% |
12. Special resolution number 2: Non-executive directors' fees
| FOR | AGAINST | ABSTAIN |
|---|---|---|
| 366 729 070 | 7 196 989 | 8 308 556 |
| 98.08% | 1.92% | 1.83% |
13. Special resolution number 3: Loans or financial assistance to subsidiaries and related or inter-related companies
| FOR | AGAINST | ABSTAIN |
|---|---|---|
| 380 036 903 | - | 2 197 712 |
| 100% | - | 0.48% |
14. Special resolution number 4: General authority to acquire the Company's own shares
| FOR | AGAINST | ABSTAIN |
|---|---|---|
| 371 125 404 | 8 909 499 | 2 199 712 |
| 97.66% | 2.34% | 0.48% |
In a statement at the meeting, the chair reported that:
- The Tertiary division completed its turnaround last year and continues to perform strongly;
- The Resourcing division maintained market share in challenging economic market conditions;
- Technology and online learning investments are showing good promise;
- The Schools division continues to deliver on its promise of academic excellence;
- The integration of the Maravest and Centurus groups and the Gaborone International School in Botswana into the ADvTECH group are progressing well and according to plan;
- The R3bn capital investment programme will continue to support greenfields development and carefully selected acquisitions in South Africa and elsewhere on the African continent;
- As announced on SENS on 8 July 2015, both basic earnings per share ("EPS") and headline earnings per share ("HEPS") for the six months ended 30 June 2015 will be 20% to 30% higher than the comparative reporting period for the six months ended 30 June 2014. The increased earnings were the result of organic growth delivered by the successful roll out of the Company's growth strategy over the past few years;
- Enrolments were up 71% at the beginning of 2015 and are set to continue increasing at a rapid rate as the Company's growth strategy matures, and is expected to translate into increased earnings and share price growth for the foreseeable future.
With reference to the speculation about the Conditional Firm Intent to Make an Offer ("the proposal") to the ADvTECH board by Curro, the chair re-iterated that the Board has, with due regard to its fiduciary duties to the Company, reached the unanimous conclusion that the proposal is not in the best interests of the Company or its stakeholders and advised that it will not pursue further discussions with Curro in this regard. The full text of the chair's detailed statement is available on the Company's website – wwww.advtech.co.za.
The retirement of Jeff Livingstone, who did not make himself available for re-election at the meeting, was noted. Jeff joined the Board in 2008 and at various times served as chairman of the audit committee, and as a member of the audit, risk, remuneration and litigation committees. In August 2014 he stepped in as acting chairman. The new chair, Chris Boulle said: "Jeff's wise counsel and guidance will be sorely missed; the Company's loss however will be his family's gain as he is able to spend more time with his family."
Chris Boulle has been appointed as chairman of the Company. He was appointed an alternate director to Hymie Levin in September 2011, as independent non-executive director in March 2013, and has served more recently as lead independent director. In line with sound corporate governance practice, Chris will step down as chairman of the audit committee.
The search for a new Chief Executive Officer ("CEO") is well underway. Frank Thompson, who was appointed interim CEO in March 2015, will remain on in this position until an appointment is made. Boulle said: "We are very grateful to have someone of Frank's calibre and intimate knowledge of all aspects of the business to lead the Company."
The appointment of Keith Warburton as an independent non-executive director of the Company with effect from 28 July 2015 was announced. Keith is a CA and has a background spanning a number of years in commerce. His most recent experience has been as CFO and COO Clicks Holdings Ltd.
Johannesburg
28 July 2015
Sponsor and Corporate Advisor: Bridge Capital Advisors Proprietary Limited
ADvTECH Updates

Students from ADvTECH’s Maragon Mooikloof showcased impressive scientific talent at the 2025 Northern Gauteng Senior Science Expo, earning multiple medals and reaffirming The ADvTECH Advantage of consistent, superior academic outcomes. Held on 19–20 September 2025, the Expo brought together some of the region’s most promising young scientists, engineers, and innovators. Competing against top-performing schools from across Northern Gauteng, Maragon Mooikloof learners impressed judges with their creativity, analytical thinking, and practical application of scientific principles standing out as some of the event’s top achievers. Outstanding Achievements for Maragon Mooikloof Students The school’s students demonstrated exceptional ability across several categories, earning both silver and bronze medals for their innovative project s.

Children between ages 10 and 12 are at a fascinating stage of life. They’re no longer little kids, but they’re not yet teenagers. They’re starting to ask bigger questions, push boundaries, and search for who they are becoming. Amid all these changes, reading plays a powerful role, and schools and parents should strongly encourage students to build their reading muscle during this time, an education expert says. “In contrast to content on devices, books give children a safe space to explore new ideas, test out possibilities, and imagine life through someone else’s eyes. They also strengthen critical thinking, boost vocabulary, and build empathy - all skills that help pre-teens navigate school and friendships with more confidence,” says Nalani Singarum, Academic Advisor at ADvTECH Schools. “Most importantly, reading at this age lays the foundation for a lifelong habit. A child who enjoys books at ages 10 to 12 is far more likely to carry that love into their teenage years, when the pull of social media and other distractions becomes stronger,” she says. A 2024 study of children aged 10 to 12, by neuroscientists at Columbia University’s Teachers College, found that reading on paper promoted "deeper reading" with better comprehension and processing of complex texts. It was noted that this age group is pivotal for transitioning from "learning to read" to "reading to learn”, making physical books ideal for exploring ideas and imagining others' perspectives without digital distractions. “Even where children at this age did not previously enjoy reading books, it is not too late to develop a regular and enjoyable reading habit,” says Singarum. “Regular reading during this key developmental period will support stronger understanding across subjects, better information absorption, and clearer expression of ideas throughout the child’s life.” CREATING A READING-RICH HOME Pre-teens crave independence, yet they still look to their parents for cues. The best way to nurture reading at this age is to show that it’s valued at home - not as a school task, but as part of family life. Practical ways to create a reading-rich environment include: Bedtime shifts: Before bedtime, spend some time reading side by side. You each choose your own book, then share a favourite line or moment. It shows that reading is for everyone, not just a chore for children. (And no, reading on devices do not count). Reading in everyday life: Invite your child to read maps while travelling, menus at restaurants, or DIY instructions at home. These moments prove that reading has value beyond the classroom. Word of the day challenge: Let your child pick an unusual word from a book and challenge the family to use it naturally in conversation. Older children enjoy the playful competition and sense of mastery. Treasure hunts with riddles: Write riddles or codes your child must solve to find the next clue. Link some clues to favourite books for an extra spark. Peer power: Encourage your child to swap books with a friend or start a mini book club, to make reading become a social, not a solitary activity. THE ROLE OF SCHOOLS Beyond the curriculum, schools play a key role in creating an environment where reading is valued and enjoyable, which helps students build positive associations with books and learning. “Schools offer social and collaborative opportunities that enhance reading motivation and enjoyment. By fostering a love of reading within a communal and supportive learning environment, schools complement and extend the encouragement children receive at home, making the development of reading habits more comprehensive and durable,” says Singarum. She adds that it is valuable to have structured programmes, rather than just ad hoc reading opportunities. “At ADvTECH, we have a reading programme called Booktacular, which is specifically designed to make reading meaningful and magical again. Through activities like Book Clubs that spark lively conversations, creative ‘Book review in a bag’ projects, Literature Circles where every child takes on a role, and Visual literacy tasks that bring pictures to life, children discover that stories are adventures to be explored, not assignments to be completed.” Parents can extend this spirit into their homes with small, joyful habits like these. When reading feels playful and purposeful, children are far more likely to carry that joy into their teenage years and beyond, Singarum says. “Between ages 10 and 12, children are shaping their identities. They’re learning who they are, who they want to be, and how they see the world. Books offer them mirrors to see themselves and windows to step into lives very different from their own. “As parents and teachers, when we nurture a love of stories, we’re not only supporting school success, we’re giving our young people tools for life.”

The traditional dichotomy between commerce and the humanities has long been a fixture in academic and professional landscapes. However this historic status quo is no longer tenable, and universities must adapt to ensure curricula contain a suitable blend of disciplines to empower students for life after studies, an education expert says. “Combining commerce and humanities creates a powerful synergy that enhances decision-making, innovation, and adaptability in business,” says Peter Kriel, General Manager at The Independent Institute of Education, SA’s leading private higher education provider. “This interdisciplinary approach also produces well-rounded professionals who can address the complex challenges of our current world, and the ones they will face in future,” he says. Kriel explains that while universities traditionally had commerce and humanities students stay in their lanes, there is a growing recognition of the synergies that exist at the intersection of these seemingly disparate disciplines. “It is therefore becoming important to delve into the benefits and possibilities of bridging and intersecting the so-called traditional commerce and humanities disciplines, highlighting how this convergence can lead to innovative thinking, enhanced problem-solving, and a more holistic approach to navigating the challenges of the modern world,” he says. The intersection between commerce and humanities represents the blending of analytical and creative thinking. Commerce brings a structured, business-oriented approach, while humanities bring a focus on critical thinking, cultural understanding, and ethical considerations. “Together, these disciplines offer a unique perspective that goes beyond the quantitative aspects of business” says Kriel. Better decision-making The integration of humanities into commerce fosters a more comprehensive decision-making process. By considering ethical, social, and cultural implications, businesses can make informed choices that align with broader societal values. This not only contributes to corporate social responsibility but also enhances the reputation and sustainability of organisations. Innovation through diversity Bridging disciplines encourages a diverse range of perspectives and ideas. The humanities bring creativity, empathy, and an appreciation for diverse cultures, which can lead to innovative solutions to business challenges. A multidisciplinary approach fosters a culture of innovation that goes beyond conventional problem-solving methods. Improved communication Humanities disciplines, such as literature, philosophy, and communication, emphasise effective expression and understanding of human experiences. Integrating these skills into the business realm promotes clearer communication within organisations and with external stakeholders. The ability to articulate ideas, negotiate effectively, and understand different points of view becomes a valuable asset. Ethical leadership Humanities education often emphasises ethical reasoning and moral philosophy. Integrating these principles into commerce promotes ethical leadership, guiding decision-makers to consider the broader impact of their choices on society, the environment, and future generations. Resilience The business landscape is dynamic, and the ability to adapt is crucial for success. Humanities education encourages adaptability by fostering critical thinking, intellectual curiosity, and a willingness to engage with new ideas. This mindset is invaluable in navigating the uncertainties and disruptions that businesses frequently encounter. “As the nature of work evolves, employers increasingly seek individuals with a diverse skill set that goes beyond technical proficiency. The intersection of commerce and humanities prepares individuals for the future of work by combining analytical and creative skills, making them well-rounded professionals capable of addressing complex challenges,” says Kriel. “This combination represents a powerful synergy that can redefine how we approach business, education, and societal challenges. By breaking down the barriers between these disciplines, higher education institutions can ensure that they not only cultivate more versatile and innovative graduates, but also foster a society that values both economic success and human flourishing.”

ADvTECH Limited (Incorporated in the Republic of South Africa) (Registration number 1990/001119/06) Share code: ADH ISIN: ZAE000031035 (“ADvTECH” or “the Company”) DEALINGS IN SECURITIES BY A PRESCRIBED OFFICER OF THE COMPANY In compliance with the JSE Limited Listings Requirements the following information is disclosed in respect of dealings in ADvTECH securities by an ADvTECH Prescribed Officer.

ADvTECH Limited (Incorporated in the Republic of South Africa) (Registration number 1990/001119/06) Share code: ADH ISIN: ZAE000031035 (“ADvTECH” or “the Company”) DEALINGS IN SECURITIES BY A PRESCRIBED OFFICER OF THE COMPANY In compliance with the JSE Limited Listings Requirements the following information is disclosed in respect of dealings in ADvTECH securities by a Prescribed Officer.

The Annual Resolute Roboticon took place on Saturday, 13 September, at the Heartfelt Arena in Pretoria North, attracting over 3,000 entries from schools across South Africa. Only 360 students were selected to compete, making participation an achievement. The Community Schools Group proudly fielded 12 teams across five competitive categories, representing the Pinnacle Colleges brand: Pinnacle College Waterfall (3 teams) Pinnacle College Rynfield (4 teams) Pinnacle College Linden (1 team) Pinnacle College Kyalami (1 team) Tyger Valley College (3 teams) Our students achieved outstanding results: · Pinnacle College Linden – 1st place in the Advanced Category · Tyger Valley College – 2nd place in both Advanced and Apprentice 3 categories · Tyger Valley College – 3rd place in the Entrepreneurship Category “These achievements underscore the growing impact of Robotics and Coding within the Pinnacle Colleges brand. By immersing students in real-world problem-solving, opportunities such as Roboticon empower learners to thrive in an exceptional and future-focused technology space,” said Altie van Schalkwyk, Academic Head of Brand – Community Schools Group. Initiatives like Roboticon reflect how Pinnacle Colleges are promoting a culture of innovation, preparing students to lead confidently in a technology-driven world.

Children are naturally curious. Whether it’s watching a bug crawl across the floor, splashing in a puddle, or asking “why” countless times in an hour, their world is filled with questions. This curiosity is more than just a phase. It is the foundation of learning and confidence, and should form the starting point for learning at home and at school. Zaakirah Mahomed, Academic Advisor: Foundation Phase at ADvTECH, Africa’s largest private education provider, says Inquiry-Based Learning (IBL) is an approach that harnesses children’s innate sense of wonder. “It transforms everyday questions into meaningful discoveries, sparking a lifelong love for learning. For this reason, it is important that when choosing your child’s first school, you ensure the school’s approach is based on harnessing inquiry-based learning, not just handing down of facts. The latter carries a risk that learning is viewed as work from a young age, which can negatively influence attitudes to learning throughout the child’s life.” In a classroom rooted in inquiry, children are not simply passive recipients of facts. Instead, they are encouraged to wonder, explore, and investigate. “Rather than memorising information, learners might explore why leaves change colour, how magnets work, or what creates a rainbow. Guided by their teachers, they investigate these ideas through hands-on activities, experiments, and creative projects. The learning feels like play, but the impact is powerful,” Mahomed says. Research underscores the effectiveness of Inquiry-Based Learning in fostering deeper understanding and retention. A meta-analysis of 54 studies published in American Psychological Association’s Journal of Educational Psychology found that students engaged in IBL demonstrated significantly higher levels of conceptual understanding in science compared to those taught through traditional methods. By actively exploring questions and constructing knowledge through guided investigations, children develop a stronger grasp of complex concepts, as they connect new information to their own experiences and curiosity. This approach not only enhances academic performance but also cultivates a mindset of inquiry that prepares students for lifelong learning, the analysis found. The importance of IBL is further highlighted by its alignment with 21st-century skills. According to a 2020 report by the World Economic Forum, critical thinking, problem-solving, and creativity are among the top skills needed in the modern workforce. IBL directly supports the development of these competencies by encouraging children to ask questions, analyse evidence, and collaborate on solutions. “By engaging in inquiry-driven tasks, such as designing experiments or debating hypotheses, students build the intellectual flexibility and resilience needed to navigate an increasingly complex world,” Mahomed notes. IMMEDIATE BENEFITS FOR YOUR CHILD Inquiry-Based Learning isn’t just about preparing children for the future, however. “IBL fosters engagement, curiosity, and confidence from the very start. Children are encouraged to experiment, make mistakes, and try again. Helping them to see that errors are simply stepping-stones to discovery,” says Mahomed. “When learners test how water flows through a funnel or why a toy rolls differently on tile compared to carpet, they are building critical thinking skills. These problem-solving abilities help them not only with schoolwork, but also in everyday life.” IBL also nurtures collaboration and communication. As children work in small groups or pairs, they learn to share ideas, listen to others, and work as a team. “Even the quietest child can find their voice when their question leads to an exciting experiment or project,” she notes. CHOOSING THE RIGHT SCHOOL When selecting a school, parents should look for one that prioritises inquiry as part of its teaching and learning approach. Such schools encourage curiosity-driven lessons, creativity, and real-world problem-solving. “Outstanding foundation phase schools place a strong emphasis on Inquiry-Based Learning and student agency. They proceed from the belief that children should have a voice and choice in their learning, because by taking ownership of their questions and discoveries, children build independence and confidence,” Mahomed says. “Parents can be assured that this approach does more than prepare children academically. It equips them with the resilience, adaptability, and problem-solving skills they need to thrive in a fast-changing world.”

Crawford International Pretoria was buzzing with excitement on Tuesday, 9 September, when one of South Africa’s premier radio breakfast shows, 947’s Anele and the Club, broadcast live from our sports field. The day kicked off bright and early at 06:00 with games, quizzes, and prizes that had everyone involved. From Grade 0000 to Grade 12, our students embraced the challenge—taking part in games of chance, mental agility, and physical skill. The atmosphere was vibrant, colourful, and filled with energy, bringing the entire Crawford International Pretoria community together. A special highlight of the morning was a surprise performance by renowned South African singer, songwriter, and record producer Jeremy Loops, joined on stage by Sibongiseni of the legendary Ladysmith Black Mambazo. Their live performance was nothing short of unforgettable. And to top it all off—we won R50 000 for our school! It was a day to remember, showcasing our unique spirit, talent, and stories to the whole of Gauteng. We truly showed what it means to be #ProudlyCrawfordian.

JSE-listed ADvTECH has announced the launch of Emeris, a groundbreaking new private higher education brand that will bring the Varsity College, Vega School, and MSA brands together under a single name. One aspect of the change is the building of a state-of-the-art R420m mega campus in Sandton, Johannesburg. This development will bring the existing Varsity College Sandton and Vega Bordeaux operations together on the same site. It will open its doors in 2026 with an initial capacity of 9,000 students. Facilities will include a double-storey library and information centre, a student experience hub with career and counselling services, a custom-designed indoor sports centre capable of hosting international events and innovation spaces including IT labs, podcast studios and interactive mock classrooms.


