MASTER PLASTICS LIMITED - Results of Annual General Meeting

Results of Annual General Meeting

MASTER PLASTICS LIMITED
Incorporated in the Republic of South Africa
(Registration number 2016/323930/06)
Share code: MAP ISIN: ZAE000242921
("Master Plastics" or "the Company")


RESULTS OF ANNUAL GENERAL MEETING


Shareholders are advised that, at the annual general meeting of Master Plastics held today, all the
resolutions as set out in the notice of annual general meeting were passed by the requisite majority of
shareholders.

The number of shares voted in person or by proxy was 86 182 528, representing 72.81% of the total issued
share capital of the same class of Master Plastics shares.

The resolutions proposed at the meeting, together with the percentage of votes carried for and against each
resolution, as well as the percentage of shares abstained, are set out below:

                                                                % of votes       % of votes
                                                           carried for the      against the   % of shares
Resolution                                                      resolution       resolution     abstained

Special resolution number 1: General approval to
acquire ordinary shares                                             99.52%            0.48%         0.03%

Ordinary resolution number 1.1: Re-election of                 
Director retiring by rotation - Thabo Vincent Mokgatlha            100.00%               -          0.03%

Ordinary resolution number 1.2: Re-election of                   
Director retiring by rotation - Craig McDougall                    100.00%               -          0.03%

Ordinary resolution number 1.3: Re-election of                  
Director retiring by rotation - Günter Steffens                    %100.00%               -          0.03

Ordinary resolution number 2.1: Appointment of the
members of the Audit and Risk Committees - Thabo                
Vincent Mokgatlha                                                  100.00%               -          0.03%

Ordinary resolution number 2.2: Appointment of the
members of the Audit and Risk Committee - Günter                 
Steffens                                                           100.00%               -          0.03%

Ordinary resolution number 2.3: Appointment of the
members of the Audit and Risk Committees - Craig                 
McDougall                                                          100.00%               -          0.03%

Ordinary resolution number 3: Approval of Group                   
remuneration policy                                                 88.61%           11.39%         1.40%

Ordinary resolution number 4: Signature of                      
documents                                                          100.00%               -          0.03%

Johannesburg
29 September 2017

Designated Adviser
Merchantec Capital

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