Results of annual general meeting SYGNIA LIMITED Incorporated in the Republic of South Africa Registration number 2007/025416/06 Share code on the JSE: SYG ISIN: ZAE000208815 ("Sygnia") RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that the voting results for the annual general meeting of Sygnia Limited (“the AGM”) held at the registered offices of the company on Thursday, 12 January 2017, were as follows: RESOLUTION NUMBER OF PERCENTAGE FOR AGAINST ABSTAINED SHARES OF SHARES ** % ** % *** % VOTED IN ISSUE* % Ordinary resolution 1: 111 977 562 81.62939 100 0 0.00514 To receive and adopt the 30 September 2016 Annual Financial Statements Ordinary resolution 2: 111 977 470 81.62932 100 0 0.00521 To appoint the auditor of the Company Ordinary resolution 3.1: 111 972 424 81.62564 100 0 0.00889 To re-elect the non-executive directors - Prof H Bhorat Ordinary resolution 3.2: 111 972 424 81.62564 100 0 0.00889 To re-elect the non-executive directors - Mr K Hopkins Ordinary resolution 4: 111 977 424 81.62564 100 0 0.00524 To elect the financial director of the company Ordinary resolution 5.1: 111 972 424 81.62564 99.42390 0.57610 0.00889 To re-elect the audit committee members - Mr K Hopkins Ordinary resolution 5.2: 111 972 424 81.62564 100 0 0.00889 To re-elect the audit committee members – Prof. S Zinn Ordinary resolution 5.3: 111 972 424 81.62564 100 0 0.00889 To re-elect the audit committee members – Mr K Moyane Ordinary Resolution 6: 111 974 750 81.62734 99.37225 0.62775 0.00719 To authorise the issue of ordinary shares for cash Ordinary Resolution 7: 107 588 980 78.43020 96.49163 3.50837 3.20433 Control of authorised but unissued shares Ordinary Resolution 8: 111 972 424 81.62564 97.81534 2.18466 0.00889 Non-binding advisory vote on the remuneration policy of Sygnia Ordinary resolution 9: 111 974 204 81.62694 97.86135 2.13865 0.00759 To authorise directors and the company secretary to implement special and ordinary resolutions Special resolution 1: 111 971 799 81.62519 99.95376 0.04624 0.00934 To approve remuneration of non-executive directors Special resolution 2: 111 978 878 81.63035 100 0 0.00418 To authorise the repurchase of shares Special resolution 3: 111 971 891 81.62525 99.42184 0.57816 0.00928 To provide financial assistance to related or inter-related companies * Based on 137 178 000 shares in issue as at the date of the AGM. ** As a percentage of shares voted at the AGM. *** As a percentage of 137 178 000 shares in issue as at the date of the AGM. Based on the above voting results, all resolutions were passed by the requisite majority of Sygnia’s shareholders present in person or represented by proxy at the AGM. Cape Town 12 January 2017 Sponsor Nedbank Corporate and Investment Banking Date: 12/01/2017 01:41:00 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.