Report on proceedings at the annual general meeting and change to the board of directors Eqstra Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1998/011672/06) ISIN: ZAE000117123 Share code: EQS (“Eqstra” or “the Company”) REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING AND CHANGE TO THE BOARD OF DIRECTORS At the six (6th) annual general meeting (“AGM”) of the shareholders of Eqstra held today, 24 November 2014 all the ordinary and special resolutions proposed were approved by the requisite majority of votes. Mr GG Gelink tendered his resignation as a non-executive director of the Company and member of the audit committee with effect from today, 24 November 2014. Resolution number 5 regarding the appointment of Mr Gelink as audit committee member was accordingly withdrawn. Eqstra confirms the voting statistics from the AGM as follows: Shares voted in relation to the total issued share capital: Number of shares voted Total issued share capital Percentage shares voted 337 006 532 411 367 941 81.92% Votes carried disclosed as a percentage in Shares abstained relation to the total number of shares voted disclosed as a at the meeting percentage in relation to the total For Against issued share capital 1. Adopt financial statements 337 006 532 100% - 0% - 0% 2. Re-election of NP Mageza as director 334 958 512 99.4% 2 048 020 0.6% - 0% 3. Election of LL Von Zeuner as director 337 006 532 100% - 0% - 0% 4. Re-appointment of Deloitte & Touche as 331 771 767 98.4% 5 234 765 1.6% - 0% external auditors 5. Withdrawn 6. Appoint LL Von Zeuner as audit committee 337 006 532 100% - 0% - 0% member 7. Appoint MJ Croucamp as audit committee 337 006 532 100% - 0% - 0% member 8. Remuneration policy 332 260 512 98.6 4 746 020 1.4% 0% 9. Special resolution 1 – Increase non-executive 337 006 532 100% - 0% - 0% fees 10. Special resolution 2 – Increase non-executive 337 006 532 100% - 0% - 0% committee fees 11. Special resolution 3 – General authority to 315 662 408 93.7% 21 334 124 6.3% - 0% repurchase shares 12. Special resolution 4 – Financial assistance 336 883 771 99.9% 122 761 0.1% - 0% Kempton Park 24 November 2014 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 24/11/2014 05:07:00 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.