Results of the Annual General Meeting QUANTUM FOODS HOLDINGS LIMITED Incorporated in the Republic of South Africa Registration Number: 2013/208598/06 Share Code: QFH ISIN Number: ZAE000193686 (“the Company” or “Quantum Foods”) RESULTS OF THE ANNUAL GENERAL MEETING Shareholders are hereby advised that at the annual general meeting(“AGM”) of the Company held today, 24 February 2017 at Nantes Estate, Paarl, Western Cape, the following resolutions were passed by the requisite majorities of Quantum Foods shareholders as set out below (Ordinary Resolution Number 7 was withdrawn prior to the AGM): Votes for Votes Number of Number of Shares resolution against shares shares voted abstained as a as a resolution voted at at the AGM as percentage (%) percentage as a the AGM a percentage of shares in of total percentage (%) of shares issue number of of total in issue shares number of voted at shares AGM voted at (%) AGM (%) Ordinary Resolution Number 1: To confirm the re- 100% - 171 328 695 74.33% 0.01% appointment of Pricewaterhouse Coopers Inc. as auditor for the ensuing year on the recommendation of the audit and risk committee Ordinary Resolution Number 2: To re-elect 99.97% 0.03% 171 328 195 74.33% 0.01% director: Mr Wouter Andre Hanekom Ordinary Resolution Number 3: To re-elect 100% - 171 328 195 74.33% 0.01% director: Mr Patrick Ernest Burton Ordinary Resolution Number 4: Re-appointment of 100% - 171 323 195 74.33% 0.02% member of the audit and risk committee: Mr Patrick Ernest Burton Ordinary Resolution Number 5: Re-appointment of 100% - 171 323 195 74.33% 0.02% member of the audit and risk committee: Prof. Abdus Salam Mohammad Karaan Ordinary Resolution Number 6: Re-appointment of 100% - 171 323 195 74.33% 0.02% member of the audit and risk committee: Mr Geoffrey George Fortuin Ordinary Resolution Number 7: General authority to WITHDRAWN issue shares for cash Ordinary Resolution Number 8: Non-binding 87.27% 12.73% 171 319 495 74.33% 0.02% endorsement of Quantum Foods Holdings Ltd’s remuneration policy Special Resolution Number 1: Approval of non- 100% - 171 319 695 74.33% 0.02% executive directors’ remuneration Special Resolution Number 2: General authority to 99.14% 0.86% 171 327 695 74.33% 0.01% buy back shares by the Company and its subsidiaries Special Resolution Number 3: General authority to 100% - 171 325 195 74.33% 0.02% provide financial assistance to related and inter- related companies and corporations Special Resolution Number 4: Financial assistance 92.49% 7.51% 171 321 195 74.33% 0.02% for the subscription of or the acquisition of securities in the Company and in related and inter- related companies Special Resolution Number 5: Amendment of the 100% - 171 319 995 74.33% 0.02% Company’s MOI 24 February 2017 Wellington Sponsor PSG Capital Proprietary Limited Date: 24/02/2017 12:30:00 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.