SENTINEL FINCO (RF) LIMITED - SNFI: Results of the Proposed Written Extraordinary Resolution

SNFI: Results of the Proposed Written Extraordinary Resolution

SENTINEL FINCO (RF) LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 2020/178948/06)
Bond Code: STF001
ISIN: ZAG000184052
Bond Code: STF002
ISIN: ZAG000193301
("Sentinel Finco" or the "Issuer")

RESULTS OF THE PROPOSED WRITTEN EXTRAODINARY RESOLUTION

We refer to the notice delivered, in accordance with Condition 17.4.2 of the Terms and Conditions of the Notes, by the Issuer on 31 October 2023
to Class A noteholders regarding amendments to Sentinel Finco's ZAR3,000,000,000 asset-backed securities programme.

The consent of the Class A Noteholders was requested by written Extraordinary Resolution ("Written Extraordinary Resolution") in terms of Condition
17.4.2 of the Terms and Conditions of the Notes.

Extraordinary Resolution 1: Amendment of Programme Memorandum (Eligibility Criteria)

Extraordinary Resolution 2: Amendment of Programme Memorandum (Portfolio Covenants)

Details of the results of the voting are as follows:


 Extraordinary       Total nominal       Debt securities       Debt securities        Votes          Votes carried for the   Votes against the
 Resolution          amount of all       voted on disclosed    voted on disclosed     abstained      resolution as a         resolution as a
                     debt securities     as a number           as a percentage        as a           percentage              percentage
                                                                                      percentage


 1                   125,000,000.00      125,000,000.00        100%                   0              100%                     0

 2                   125,000,000.00      125,000,000.00        100%                   0              80%                      20%


Sentinel Finco confirms that the extraordinary written resolutions 1 and 2 in respect of the amendments to Sentinel Finco's ZAR3,000,000,000 asset-
backed securities programme has accordingly been passed by the requisite number of Class A noteholders.


29 November 2023

Debt Sponsor
Absa Bank Limited (acting through its Corporate and Investment Bank division)

Date: 29-11-2023 04:38:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.