Results of annual general meeting Metair Investments Limited (Incorporated in the Republic of South Africa) Registration number: 1948/031013/06 JSE share code: MTA ISIN: ZAE000090692 (“Metair” or the “Company”) RESULTS OF ANNUAL GENERAL MEETING Metair shareholders (“Shareholders”) are advised that at the annual general meeting (“AGM”) of Shareholders held on Thursday, 5 May 2016, all the ordinary and special resolutions, as set out in the notice of AGM dated 16 March 2016, save for ordinary resolution 9 (which was withdrawn prior to the commencement of the AGM) and ordinary resolution 10(a), were approved by the requisite majority of Shareholders present or represented by proxy. The total number of Metair shares eligible to be voted at the AGM was 198 985 886. All resolutions proposed at the AGM, together with the percentage of shares abstained, as well as the percentage of votes carried for and against each resolution, are as follows: Adoption of financial statements Shares Voted Abstained For Against 150 109 787 8.377% 100.00% 0.00% (75.44%) Ordinary resolution number 1: Re-election of Mr CT Loock as a director Shares Voted Abstained For Against 166 775 809 0.002% 100.00% 0.00% (83.81%) Ordinary resolution number 2: Re-election of Mr JG Best as a director Shares Voted Abstained For Against 166 775 809 0.002% 99.96% 0.04% (83.81%) Ordinary resolution number 3: Re-election of Mr DR Wilson as a director Shares Voted Abstained For Against 166 775 809 0.002% 99.96% 0.04% (83.81%) Ordinary resolution number 4: Re-election of Ms TN Mgoduso as a director Shares Voted Abstained For Against 166 775 809 0.002% 99.98% 0.02% (83.81%) Ordinary resolution number 5: Re-election of Ms PPJ Molefe as a director Shares Voted Abstained For Against 166 775 809 0.002% 100.00% 0.00% (83.81%) Ordinary resolution number 6: Ratification of the appointment of Mr SG Pretorious as a director Shares Voted Abstained For Against 166 775 809 0.002% 99.98% 0.02% (83.81%) Ordinary resolution number 7: Re-appointment of independent auditors Shares Voted Abstained For Against 166 775 809 0.002% 99.65% 0.35% (83.81%) Ordinary resolution number 8: Re-election of Audit and Risk Committee members (the “Committee”) members Ordinary resolution number 8(a): Mr JG Best as chairman of the Committee Shares Voted Abstained For Against 166 775 809 0.002% 99.86% 0.14% (83.81%) Ordinary resolution number 8(b): Mr L Soanes as a member of the Committee Shares Voted Abstained For Against 166 775 809 0.002% 87.41% 12.59% (83.81%) Ordinary resolution number 8(c): Mr DR Wilson as a member of the Committee Shares Voted Abstained For Against 166 775 809 0.002% 99.86% 0.14% (83.81%) Ordinary resolution number 9: Placing of unissued shares under the control of the directors This resolution was withdrawn prior to the commencement of the AGM and accordingly was not voted on. Ordinary resolution number 10(a): Approval of past remuneration policy Shares Voted Abstained For Against 147 093 364 9.893% 39.15% 60.85% (73.92%) Ordinary resolution number 10(b): Approval of future remuneration policy Shares Voted Abstained For Against 166 541 627 0.119% 74.68% 25.32% (83.70%) As illustrated in ordinary resolution number 10(a) and ordinary resolution number 10(b) above, there has been a substantial increase in shareholder support from the past remuneration policy to the future remuneration policy of the Company. Metair continues to engage with shareholders to ensure its remuneration policy is in line with shareholder expectations. Special resolution number 1: Approval of non-executive directors’ remuneration Shares Voted Abstained For Against 166 775 809 0.002% 100.00% 0.00% (88.81%) Special resolution number 2: Provision of financial assistance Shares Voted Abstained For Against 166 775 809 0.002% 100.00% 0.00% (88.81%) Special resolution number 3: General authority to repurchase the Company’s securities Shares Voted Abstained For Against 166 775 809 0.002% 100.00% 0.00% (88.81%) Notes - Percentages of shares voted are calculated in relation to the total issued share capital of Metair eligible to vote. - Percentage of shares for and against are calculated in relation to the total number of shares voted at the AGM. - Abstentions are calculated as a percentage in relation to the total issued share capital of Metair eligible to vote. Johannesburg 6 May 2016 Sponsor One Capital Date: 06/05/2016 03:29:00 Produced by the JSE SENS Department. 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