Results of annual general meeting Brimstone Investment Corporation Limited (Incorporated in the Republic of South Africa) (Registration number 1995/010442/06) (ISIN Number : ZAE000015277 Share Code : BRT) (ISIN Number : ZAE000015285 Share Code : BRN) ("Brimstone”) RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that the voting results for the annual general meeting of Brimstone which was held on Wednesday, 10 May 2017 at Old Mutual Business School, Presentation Room, West Campus Building, Jan Smuts Drive, Pinelands, Cape Town, are as follows: Resolution Number of Percentage For** Against** Abstained*** ordinary of ordinary % % % shares & “N” shares & “N” ordinary ordinary shares voted shares in issue* % 1. To receive, consider and adopt the 2 854 459 271 63.2 100 0 0 consolidated and separate annual financial statements, the directors’ report, Audit and Risk Committee Report and social and ethics committee report for the year ended 31 December 2016 2. To confirm annual dividend 2 854 459 271 63.2 100 0 0 number 16 3. Ordinary resolution number 1: Re- election of directors 3.1 N Khan 2 854 459 271 63.2 100 0 0 3.2 KR Moloko 2 854 459 271 63.2 100 0 0 3.3 LA Parker 2 854 459 271 63.2 100 0 0 3.4 F Robertson 2 854 459 271 63.2 98.0 2.0 0 4. Ordinary resolution number 2: Appointment of members of the audit and risk committee 4.1 N Khan (Chairman) (subject to his 2 854 459 271 63.2 99.7 0.3 0 re-election as a director) 4.2 PL Campher 2 854 459 271 63.2 100 0 0 4.3 KR Moloko (subject to her re- 2 854 459 271 63.2 100 0 0 election as a director) 4.4 LA Parker 2 854 459 271 63.2 99.6 0.4 0 4.5 FD Roman 2 854 459 271 63.2 99.9 0.1 0 5. Ordinary resolution number 3: Re- 2 854 459 271 63.2 99.8 0.2 0 appointment of auditors 6. Ordinary resolution number 4: To 2 854 459 271 63.2 85.0 15.0 0 place the unissued shares under the directors’ control 7. Ordinary resolution number 5: 2 854 459 271 63.2 84.9 15.1 0 Approval to issue shares for cash 8. Ordinary resolution number 6: 2 854 459 271 63.2 99.0 1.0 0 Specific authority to issue shares to afford shareholders dividend Resolution Number of Percentage For** Against** Abstained*** ordinary of ordinary % % % shares & “N” shares & “N” ordinary ordinary shares voted shares in issue* % reinvestment alternatives 9. Non-binding advisory vote: 2 854 459 271 63.2 96.8 3.2 0 Remuneration policy 10. Special resolution number 1: Non- 2 854 459 271 63.2 100 0 0 executive directors fees 11. Special resolution number 2: 2 854 459 271 63.2 99.1 0.9 0 General authority to repurchase Ordinary and “N” Ordinary shares 12. Special resolution number 3 : 2 854 459 271 63.2 100 0 0 Specific authority to repurchase Ordinary and “N” Ordinary shares 13. Special resolution number 4: 2 854 459 271 63.2 96.1 3.9 0 General authority for financial assistance in terms of Section 44 of the Act 14. Special resolution number 5: 2 854 459 271 63.2 96.9 3.1 0 General authority for financial assistance in terms of Section 45 of the Act 15. Special resolution number 6: 2 854 459 271 63.2 100 0 0 Approval of amendment to clauses 16.2 and 18.3 of the MOI 16. Special resolution number 7: 2 854 459 271 63.2 100 0 0 Approval of amendment to clause 29.3.3 of the MOI 17. Special resolution number 8: 2 854 459 271 63.2 99.0 1.0 0 Authority to issue shares to persons falling within the ambit of Section 41(1) of the Act for the purpose of distribution reinvestment alternatives * Based on Brimstone ordinary shares carrying 100 votes per ordinary share and Brimstone “N” ordinary shares carrying 1 vote per “N” ordinary share. ** Based on 4 275 760 400 ordinary votes (representing 42 757 604 ordinary shares in issue) and 240 716 281 “N” ordinary votes (representing 240 716 281 “N” ordinary shares in issue) at the date of the annual general meeting. *** In relation to the total number of ordinary shares and “N” ordinary shares in issue at the date of the annual general meeting. Based on the above voting results, all resolutions were passed by the requisite majority of Brimstone shareholders present in person or represented by proxy at the annual general meeting. Cape Town 11 May 2017 Sponsor Nedbank Corporate and Investment Banking Date: 11/05/2017 02:30:00 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.