DATATEC LIMITED - Report on proceedings at the general meeting

Report on proceedings at the general meeting

Datatec Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005004/06)
JSE Share code: DTC
ISIN: ZAE000017745
("Datatec")

REPORT ON PROCEEDINGS AT THE GENERAL MEETING

A general meeting (“the Meeting”) of the shareholders of Datatec was held today Friday, 2 September 2022 in order to vote on the Category 1 Transaction, being the
sale of the Analysys Mason group (“the Transaction”), as described in the SENS announcement released on 30 June 2022. The ordinary resolution proposed at the
Meeting was unaltered from that reflected in the Notice of Meeting contained in the Circular distributed to shareholders on 5 August 2022 and the resolution was
approved by 99.98% of the votes.

The shareholder vote approving the Transaction was a condition precedent for the completion of the Transaction and Shareholders are advised that all other conditions
precedent have also been fulfilled. Completion is therefore expected by the end of September 2022.

DETAIL OF VOTING STATISTICS AT THE MEETING

Datatec confirms the voting statistics from the Meeting as follows:

  Total number of shares in issue                                                          221 745 341
  Treasury shares (excluded from voting)                                                            -
  Total number of shares represented (including proxies) at the meeting                    203,855,165
  Proportion of total voteable shares represented at the meeting                                91,93%


                                                                Votes cast disclosed as a                      Shares voted    Shares abstained
  Resolution                                                    percentage of the total                      disclosed as a      disclosed as a
                                                                number of shares voted                        percentage of       percentage of
                                                                    at the meeting              Number of         the total    the total issued
                                                                    For     Against          shares voted     issued shares              shares

  Ordinary resolution 1: approval of the Transaction             99,98%       0,02%           203,833,400           91,92%                0,01%

Sandton
2 September 2022

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

Date: 02-09-2022 04:00:00
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