Results of Annual General Meeting, Resignation of Director and Changes to Important Board Functions CHROMETCO LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2002/026265/06) Share code: CMO ISIN Code: ZAE000070249 (“Chrometco” or “the Company”) RESULTS OF ANNUAL GENERAL MEETING, RESIGNATION OF DIRECTOR AND CHANGES TO IMPORTANT BOARD FUNCTIONS RESULTS OF ANNUAL GENERAL MEETING In terms of paragraph 3.91 of the JSE Listings Requirements, shareholders are hereby advised that all the ordinary resolutions and special resolutions, as set out in the notice of the Annual General Meeting (“AGM”), other than those which were were withdrawn, were passed by the requisite majority of shareholder votes at the AGM held on 15 August 2017 at Rosebank Towers, 15 Biermann Avenue, Rosebank, Johannesburg. Altogether 78.02% of voted shares in issue, being 1 172 428 683 shares, were represented at the AGM. The detailed results of the voting are as follows: % % AGAINST Number of ABSTAINED of % FOR of shares of issued shares shares Resolution voted shares voted voted Ordinary No. 1: 912 228 918 0.00002 0.0001 99.99995 Re-appointment of auditors, Mazars Ordinary No. 2a: WITHDRAWN Re-election of JG Scott as director Ordinary No. 2b: WITHDRAWN Re-election of E Bramley as director Ordinary No. 3a: WITHDRAWN Re-appointment of JG Scott as a member of the audit committee Ordinary No. 3b: WITHDRAWN Re-appointment of R Rossiter as chairman of the audit committee Ordinary No. 3c: WITHDRAWN Re-appointment of E Bramley as a member of the audit committee Ordinary No. 3d: WITHDRAWN Re-appointment of I Collier as a member of the audit committee Ordinary No. 4: 912 228 918 0.00002 0.96 99.04 Approval of the general authority to issue shares for cash Ordinary No. 5: 912 196 918 0.003 0.0001 99.99 Approval of the remuneration philosophy of the Company Ordinary No. 6: 912 196 918 0.003 0 100 Approval for the authority to directors or company secretary to sign all documents required Special No. 1: 912 196 918 0.0002 0.0001 99.99 Approval for the general authority to repurchase shares Special No. 2: 912 196 918 0.003 0.0001 99.99 Approval of directors remuneration Special No. 3: 912 196 918 0.00002 0.002 99.99 Approval to provide inter- company financial assistance Special No. 4: 912 196 918 0.00002 0.004 99.99 Approval to provide financial assistance for the subscription and / or purchase of shares in the Company or related or inter-related company RESIGNATION OF DIRECTOR AND CHANGES TO IMPORANT BOARD FUNCTIONS In compliance with paragraph 3.59(c) of the Listings Requirements of the JSE Limited, shareholders of the Company are hereby advised of the following changes to important board functions with immediate effect. Mr N Waisberg has been appointed as CEO of the Company replacing Mr P Cilliers. Mr P Cilliers has resigned as a director of the Company. Mr M Naude has been appointed as full time CFO of the Company. Johannesburg 15 August 2017 Designated Advisor: PSG Capital Proprietary Limited Date: 15/08/2017 01:59:00 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.