Results of annual general meeting Bid Corporation Limited (Incorporated in the Republic of South Africa) Registration number: 1995/008615/06 Share code: BID ISIN ZAE 000216537 (“Bidcorp” or “the Company” or “group”) RESULTS OF ANNUAL GENERAL MEETING (AGM) Bidcorp shareholders are advised that at the AGM of members held on Thursday, November 9 2017, all the ordinary and special resolutions as proposed in the Notice of the AGM were approved by the requisite majority of members. Total number of shares that can be exercised at the AGM 100.00% 332 476 770 Total number of shares present / represented at the AGM (including proxies at the AGM) 73.54% 244 505 874 Total number of members present in person at the AGM 11 In this regard, Bidcorp confirms the voting statistics from the AGM as follows: *Note: Abstain votes - JSE requirements are that abstentions are reflected as a percentage of issued and voteable shares 1 Ordinary resolution number 1: To reappoint the external auditor For Against Abstain* Shares voted 224 340 875 19 288 893 876 106 243 629 768 92.08% 7.92% 0.26% 73.28% 2 Ordinary resolution number 2.1: Re-election: Directors appointed during the year – S Koseff For Against Abstain* Shares voted 243 496 854 132 713 876 307 243 629 567 99.95% 0.05% 0.26% 73.28% 3 Ordinary resolution number 2.2: Re-election: Directors retiring by rotation and available for re-election – PC Baloyi For Against Abstain* Shares voted 243 559 949 68 115 877 810 243 628 064 99.97% 0.03% 0.26% 73.28% 4 Ordinary resolution number 2.3: Directors retiring by rotation and available for re- election – H Wiseman For Against Abstain* Shares voted 243 560 362 67 708 877 804 243 628 070 99.97% 0.03% 0.26% 73.28% 5 Ordinary resolution number 3.1: Election of audit and risk committee members – PC Baloyi For Against Abstain* Shares voted 243 558 661 69 520 877 693 243 628 181 99.97% 0.03% 0.26% 73.28% 6 Ordinary resolution number 3.2: Election of audit and risk committee members – NG Payne For Against Abstain* Shares voted 231 095 886 9 872 755 3 537 233 240 968 641 95.90% 4.10% 1.06% 72.48% 7 Ordinary resolution number 3.3: Election of audit and risk committee members – H Wiseman For Against Abstain* Shares voted 242 037 419 385 251 2 083 204 242 422 670 99.84% 0.16% 0.63% 72.91% 8 Ordinary resolution number 4.1: Endorsement of Remuneration Policy: “Part 1 – Remuneration Policy” – non-binding advisory vote For Against Abstain* Shares voted 229 794 948 10 968 011 3 742 915 240 762 959 95.44% 4.56% 1.13% 72.41% 9 Ordinary resolution number 4.2: Endorsement of Remuneration Policy: “Part 2 – Implementation of remuneration policy” – non-binding advisory vote For Against Abstain* Shares voted 229 788 758 10 974 108 3 743 008 240 762 866 95.44% 4.56% 1.13% 72.41% 10 Ordinary resolution number 5: General authority to directors to allot and issue authorised but unissued ordinary shares For Against Abstain* Shares voted 222 696 416 20 930 451 879 007 243 626 867 91.41% 8.59% 0.26% 73.28% 11 Ordinary resolution number 6: General authority to issue shares for cash For Against Abstain* Shares voted 222 595 636 21 031 003 879 235 243 626 639 91.37% 8.63% 0.26% 73.28% 12 Ordinary resolution number 7: Payment of dividend by way of pro rata reduction of stated capital For Against Abstain* Shares voted 240 704 873 2 931 282 872 719 243 636 155 98.80% 1.20% 0.26% 73.28% 13 Ordinary resolution number 8: Creation and Issue of convertible debentures For Against Abstain* Shares voted 227 517 817 13 212 998 3 778 059 240 730 815 94.51% 5.49% 1.14% 72.41% 14 Ordinary resolution number 9: Directors’ authority to implement special and ordinary resolutions For Against Abstain* Shares voted 240 839 886 8 533 3 657 455 240 848 419 100.00% 0.00% 1.10% 72.44% 15 Special resolution number 1: General authority to acquire (repurchase) shares For Against Abstain* Shares voted 242 145 250 1 373 232 987 392 243 518 482 99.44% 0.56% 0.30% 73.24% 16 Special resolution number 2: Approval of non-executive directors’ remuneration – 2017/2018 For Against Abstain* Shares voted 240 587 325 3 036 142 882 407 243 623 467 98.75% 1.25% 0.27% 73.28% 17 Special resolution number 3: General authority to provide financial assistance to related or inter-related companies and corporations For Against Abstain* Shares voted 237 826 124 5 805 964 873 786 243 632 088 97.62% 2.38% 0.26% 73.28% CAPITAL MARKETS OPERATIONAL UPDATE Shareholders are reminded that management will be hosting a capital markets presentation on Monday, November 13 2017 at 09h30 SA time whereat a full operational update will be discussed. Full details are available on the Bidcorp website (www.bidcorpgroup.com). Johannesburg November 9 2017 Sponsor: The Standard Bank of South Africa Limited Date: 09/11/2017 03:00:00 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.