NIVEUS INVESTMENTS LIMITED - Results of General Meeting

Results of General Meeting

 NIVEUS INVESTMENTS LIMITED
 (Incorporated in the Republic of South Africa)
 Registration number: 1996/005744/06
 JSE share code: NIV
 ISIN code: ZAE000169553
 ("Niveus" or “the Company")

 RESULTS OF THE GENERAL MEETING

 Niveus Shareholders are advised that at the General Meeting (“GM”) of Niveus held on Friday 15 November
 2019, all the resolutions, as set out in the notice of GM and proposed at the meeting were passed, without
 modification, by the requisite majority of Niveus Shareholders.

                                                   Number of votes (one vote per share)


                              Votes for           Votes            Number of        Number of       Number of
                              resolution as a     against          shares           shares          shares
                              percentage of       resolution       voted at         voted at        abstained
                              total number        as a             GM               GM as a         as a
                              of shares           percentage                        percentage      percentage
                              voted at GM         of total                          of votable      of total
                                                  number of                         shares          issued
                                                  shares                                            exercisable
                                                  voted at                                          shares
                                                  GM
Ordinary Resolution No 1:
Approval of the Alphawave             100 %               0%       27 325 636         48.92 %              0%
Transaction
Ordinary Resolution No 2:
Appointment of Mr MH                                               90 631 974
Ahmed as a director of the                                                            76.06 %              0%
                                      100 %               0%
Company
Ordinary resolution No 3:
Directors’ authority to
                                       100%              0%        90 631 974         76.06 %              0%
implement company
resolutions


Note:
Total number of shares in issue at the date of the general meeting is 119 162 734 ; total number of shares that
can be exercised at the meeting is 55 856 396 for resolution number 1 and 119 162 734 for resolutions
number 2 and 3.

                                                                                        
15 November 2019
Cape Town                                                                              
 
Financial Adviser and Sponsor
Investec Bank Limited

Date: 15/11/2019 09:58:00
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