Results of Annual General Meeting Bauba Platinum Limited Incorporated in the Republic of South Africa (Registration number 1986/004649/06) Share code: BAU ISIN: ZAE000145686 (“Bauba” or “the Group” or “the Company”) RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that, at the annual general meeting of Bauba held today, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders. The number of shares voted in person or by proxy was 303 526 108, representing 80.08% of the total issued share capital of the same class of Bauba shares. The resolutions proposed at the meeting, as well as the percentage of votes carried for and against each resolution, together with the percentage of shares abstained, are set out below: % of votes % of votes carried for the against the % of shares Resolution resolution resolution abstained To receive, consider and adopt the annual financial statements of the Company and Group for the financial 100 0 0.058 year ended 30 June 2016 To confirm the appointment of Nick van der Hoven as 100 0 0.058 chief executive officer To confirm the appointment of Jonathan Knowlden as 100 0 0.058 financial director To approve the re-election as director of Mathews 100 0 0.058 Phosa who retires by rotation To approve the re-election as director of Martin Luyt 100 0 0.058 who retires by rotation To approve the re-election as director of Damian Smith 100 0 0.058 who retires by rotation To approve the appointment of Martin Luyt as member 100 0 0.058 and chairman of the audit and risk committee To approve the appointment of Sholto Dolamo as 100 0 0.058 member of the audit and risk committee To approve the appointment of Damian Smith as 100 0 0.058 member of the audit and risk committee To confirm the reappointment of BDO South Africa 100 0 0.058 Incorporated as auditors of the Company together with J Schoeman for the ensuing financial year Special resolution number 1: Approval of the non- 100 0 0.058 executive directors’ remuneration Ordinary resolution number 1: Approval of the 100 0 0.058 remuneration policy Ordinary resolution number 2: Approval to issue 100 0 0.060 ordinary shares, and to sell treasury shares, for cash Special resolution number 2: General approval to 100 0 0.058 acquire shares Special resolution number 3: Financial assistance for 100 0 0.058 subscription of securities Special resolution number 4: Loans or other financial 100 0 0.058 assistance to directors Ordinary resolution number 3: Approval of 100 0 0.058 amendments to the Bauba Platinum Limited 2013 Share Incentive Plan Ordinary resolution number 4: Signature of documents 100 0 0.058 Johannesburg 25 January 2017 Sponsor Merchantec Capital Date: 25/01/2017 05:10:00 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.