STELLAR CAPITAL PARTNERS LIMITED - Report on proceedings at the general meeting

Report on proceedings at the general meeting

STELLAR CAPITAL PARTNERS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1998/015580/06)
Share code: SCP     ISIN: ZAE000198586
("Stellar Capital")

REPORT ON PROCEEDINGS AT THE GENERAL MEETING

Stellar Capital is pleased to advise shareholders that the resolution contained in the notice of general
meeting ("GM") attached to and forming part of the circular distributed to shareholders on Monday, 1
March 2021 regarding the proposed Manco Internalisation were passed by the required majority of votes at
the GM held at 09h30 today at Stellar Capital’s registered offices situated at The Terraces, 25 Protea
Road, Claremont, Cape Town. In this regard, Stellar Capital confirms the voting statistics from the GM as
follows:

Resolution                       Votes carried       Number of      Shares       Shares
                                 disclosed as a      shares voted   voted        abstained
                                 percentage in                      disclosed    disclosed as a
                                 relation to the                    as a         percentage in
                                 total number of                    percentage   relation to
                                 shares voted at                    in           the total
                                 the meeting                        relation     number of
                                                                    to the       shares
                                                                    total        entitled to
                                                                    number of    vote*
                                                                    shares
                                                                    entitled
                                                                    to vote*
                                 For       Against
Ordinary resolution number 1     99.94%    0.06%     275 499 076    56.17%        0.13%
Approval of the Manco
Internalisation and
authority to transfer treasury
shares to implement the Manco
Internalisation

*Total number of ordinary shares entitled to vote is 490 448 568 (issued share capital of 912 616 841
shares excluding 90 000 000 treasury shares and also excluding 332 168 273 shares held by the Manco
Shareholders and their associates).

The total number of ordinary shares that were present/represented at the GM: 276 147 414, being 56.31% of
total number of Stellar Capital ordinary shares entitled to vote at the GM (490 448 568 shares).

All conditions precedent have been fulfilled and the transaction will now be implemented.

Cape Town
30 March 2021

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 30-03-2021 10:34:00
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