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 seventh (7th) annual general meeting (“AGM”) of the shareholders of Eqstra held yesterday, 23 November 2015 all the ordinary and special resolutions proposed were approved by the requisite majority of votes. Mr S Dakile-Hlongwane tendered her retirement as a non-executive director of the Company, effective 23 November 2015. The board thanked her for her contribution. It was noted that Mr M Rayfield would take over as designated external audit partner and not Mr R Duffy as per the notice. 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 274 006 645 405 502 997 67.57% Votes carried disclosed as a percentage in Shares abstained relation to the total number of shares voted at disclosed as a the meeting percentage in relation to the total For Against issued share capital 1. Adopt financial statements 274 006 645 100% - 0% - 0% 2. Re-election of VJ Mokoena as director 274 006 645 100% - 0% - 0% 3. Re-election of TDA Ross as director 272 546 095 99.5% 1 460 550 0.5% - 0% 4. Re-election of MJ Croucamp as director 267 444 514 97.6% 6 562 131 2.4% 0% 5. Re-appointment of Deloitte & Touche as external auditors 274 006 645 100% - 0% - 0% 6. Re-appoint TDA Ross as audit committee member 272 546 095 99.5% 1 460 550 0.5% - 0% 7. Re-appoint LL Von Zeuner as audit committee member 265 351 026 96.8% 8 655 619 3.2% - 0% 8. Re-appoint MJ Croucamp as audit committee member 268 905 064 98.1% 5 101 581 1.9% - 0% 9. Remuneration policy 224 350 549 82.0% 49 225 232 18% 0% 10.Special resolution 1 – Increase non- executive fees 238 462 159 87.0% 35 554 486 12% - 0% 11.Special resolution 2 – Increase non- executive committee fees 272 805 523 99.6% 1 201 122 0.4% - 0% 12.Special resolution 3 – General authority to repurchase shares 274 006 645 100% - 0% - 0% 13.Special resolution 4 – Financial assistance per Section 44 of the Companies Act 273 968 984 99.9% 37 661 0.1% - 0% 14.Special resolution 5 – Financial assistance per Section 45 of the Companies Act 271 270 581 99.0% 2 736 064 1% - 0% Kempton Park 25 November 2015 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 25/11/2015 08:58:00 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.