Results of Annual General Meeting of Shareholders held on Friday, 31 July 2015 ACSION LIMITED Incorpoarted in the Republic of South Africa Registration no. 2014/182931/06 Share code ACS ISIN ZAE000096541 Results of Annual General Meeting of Shareholders held on Friday, 31 July 2015 Shareholders are advise that all the resolutions set out in the notice of the annual general meeting were passed by the requisite majority of shareholders represented at the annual general meeting of Acsion Limited on Friday 31 July 2015 Total issued share capital 394 959 976 Shareholders present in person or by representation 36 344 242 Proxies received in favour of others 297 748 042 Proxies received in favour of chairperson 27 560 877 Total number of shares present / represented 361 653 161 Percentage of shares present / represented 91.57 Results of the voting are as follows: For Against Abstain Ordinary Resolution 1: 354 192 629 - 6 227 036 Adoption of annual financial 100% 0.00000% 1.57662% statements Ordinary Resolution 2 354 192 629 - 6 227 036 Adoption of audit and risk 100% 0.00000% 1.57662% committee report Ordinary Resolution 3 342 954 206 - 17 465 459 Adoption of remuneration 100% 0.00000% 4.42208% committee report Ordinary Resolution 4 354 192 629 - 6 227 036 Adoption of social and ethics 100% 0.00000% 1.57662% committee report Ordinary Resolution 5.1 360 419 665 - - Confirmation of K. Anastasiadis 100.00000% 0.00000% 0.00000% as a director Ordinary Resolution 5.2 360 419 665 - - Confirmation of D. Green 100.00000% 0.00000% 0.00000% as a director Ordinary Resolution 5.3 360 419 665 - - Confirmation of S. Griesel as a 100.00000% 0.00000% 0.00000% director Ordinary Resolution 5.4 360 419 665 - - Confirmation of T. Jali 100.00000% 0.00000% 0.00000% as a director Ordinary Resolution 5.5 360 419 665 - - Confirmation of P. Scholtz 100.00000% 0.00000% 0.00000% as a director Ordinary Resolution 5.6 360 419 665 - - Confirmation of D. Sekete as a 100.00000% 0.00000% 0.00000% director Ordinary Resolution 6.1 360 419 665 - - Confirmation of S. Griesel 100.00000% 0.00000% 0.00000% as an audit and risk committee member Ordinary Resolution 6.2 360 419 665 - - Confirmation of D. Green 100.00000% 0.00000% 0.00000% as an audit and risk committee member Ordinary Resolution 6.3 359 856 802 - 562 863 Confirmation of D. Sekete 100% 0.00000% 0.14251% as an audit and risk committee member Ordinary Resolution 7 360 419 665 - - Re-appointment of E & Y Inc. as 100.00000% 0.00000% 0.00000% auditor Ordinary Resolution 8 360 419 665 - - Directors' general authority 100.00000% 0.00000% 0.00000% to allot and issue authorised unissued ordinary shares Ordinary Resolution 9 349 181 242 11 238 423 - Approval of directors and group 96.88185% 3.11815% 0.00000% principal officers' remuneration Ordinary Resolution 10 353 629 766 562 863 6 227 036 Specific authority to directors 98.84109% 0.15891% 1.57662% to issue shares pursuant to a reinvestment of dividends Ordinary Resolution 11 360 419 665 - - Authorisation to any director 100.00000% 0.00000% 0.00000% and company secretary to sign documents Advisory Vote 1 320 822 004 39 372 063 225 598 Advisory endorsement of 89.06921% 10.93079% 0.05712% remuneration policy Special resolution 1 360 419 665 - - Approval of 2016 fees payable 100.00000% 0.00000% 0.00000% to non-executive directors Special resolution 2 359 856 802 562 863 - Authority to company and 99.84383% 0.15617% 0.00000% subsidiaries to repurchase shares Special resolution 3 349 181 242 11 238 423 - General authority to 96.88185% 3.11815% 0.00000% directors to issue shares for cash Special resolution 4 349 181 242 11 238 423 - Authority to company 96.88185% 3.11815% 0.00000% provide financial assistance to related and inter-related parties 3 August 2015 Johannesburg Sponsor Investec Bank Limited Date: 03/08/2015 05:20:00 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.