Results of General Meeting TASTE HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number 2000/002239/06) Share code: TAS ISIN: ZAE000081162 (“Taste” or “the Company” or “the Group”) RESULTS OF GENERAL MEETING Taste shareholders are referred to the announcement released on SENS on 4 April 2017 and the circular distributed to shareholders on 12 April 2017 (“Circular”). Terms defined in the Circular shall, unless otherwise stated, bear the same meaning in this announcement. Taste shareholders are advised that, at the General Meeting convened in terms of the Notice of General Meeting to shareholders dated 12 April 2017 which was held today, all the Resolutions pertaining to amendments to the Memorandum of Incorporation and the Waiver were passed by the requisite majority of shareholders. The number of shares voted in person or by proxy was 246 772 013 representing 66% of the total issued share capital of the same class of Taste shares. The Resolutions proposed at the General Meeting, together with the percentage of votes carried for and against each resolution, are set out below: % of votes % of votes % of % of carried for the against the shares shares Resolution resolution resolution abstained voted Special Resolution Number 1: Conversion of the Ordinary Shares in the Company’s 99.89% 0.11% 0.05% 65.47% Authorised Share Capital from Par Value Shares to Shares of No Par Value Special Resolution Number 2: Increase in the Authorised No Par Value Share Capital of the 99.89% 0.11% 0.05% 65.48% Company Special Resolution Number 3: Inclusion of 99.90% 0.10% 0.05% 65.47% Preference Share Capital Special Resolution Number 4: Amendments to the Memorandum of Incorporation of the 99.90% 0.10% 0.05% 65.48% Company Ordinary Resolution Number 1: Mandatory 99.76% 0.24% 0.08% 30.34% Offer and Waiver Ordinary Resolution Number 2: Authority 99.90% 0.10% 0.05% 65.48% granted to Directors Johannesburg 17 May 2017 Sponsor and Corporate Advisor Merchantec Capital Date: 17/05/2017 04:09:00 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.