Results Of The Annual General Meeting KAP INDUSTRIAL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1978/000181/06) Share code: KAP ISIN: ZAE000171963 (“KAP” or “the Company”) Results Of The Annual General Meeting Shareholders are hereby advised that at the annual general meeting of the Company held on M o n d a y , 13 November 2017, in the Cellar Hall at the Lanzerac Hotel in Stellenbosch (“AGM”), all of the ordinary and special resolutions proposed, were passed by the requisite majority of votes by KAP shareholders. The detailed voting results of the AGM are displayed below: Resolutions proposed at Votes Votes the AGM FOR AGAINST Number Number of Number of as a as a of shares voted shares percentage percentage shares at the AGM ABSTAINED of total of total voted as a as a number of number of at the percentage of percentage share shares AGM shares in issue of shares in voted at voted at (%) issue the AGM the AGM (%) (%) (%) Ordinary resolution 1 - Re-appointment of auditor firm and individual auditor 99.99% 0.01% 2 242 929 961 84.25% 0.01% Special resolution 1 Approval of fees payable to non-executive directors for service on the board and board committees: 1.1 Independent non- executive Chairman 100% 0% 2 242 869 855 84.25% 0.01% 1.2 Non-Executive Deputy Chairman 99.99% 0.01% 2 242 871 205 84.25% 0.01% 1.3 Board Members 99.99% 0.01% 2 242 869 855 84.25% 0.01% 1.4 Audit & Risk Com Chairman 99.99% 0.01% 2 242 869 855 84.25% 0.01% 1.5 Audit & Risk Com members 99.99% 0.01% 2 242 869 855 84.25% 0.01% 1.6 HR & RemCom Chairman 99.99% 0.01% 2 242 869 855 84.25% 0.01% 1.7 HR & RemCom members 99.99% 0.01% 2 242 869 855 84.25% 0.01% 1.8 Nominations Com Chairman 99.99% 0.01% 2 242 869 855 84.25% 0.01% 1.9 Nominations Com members 99.99% 0.01% 2 242 869 855 84.25% 0.01% 1.10 Social & Ethics Com Chairman 99.99% 0.01% 2 242 871 205 84.25% 0.01% 1.11 Social & Ethics Com members 99.99% 0.01% 2 242 869 855 84.25% 0.01% Ordinary resolution number 2 - Re-election of directors retiring by rotation: 2.1 J de V du Toit 98.06% 1.94% 2 242 869 855 84.25% 0.01% 2.2 KJ Grové 99.91% 0.09% 2 242 869 855 84.25% 0.01% 2.3 SH Nomvete 99.95% 0.05% 2 242 869 855 84.25% 0.01% 2.4 CJH van Niekerk 100% 0.00% 2 242 869 855 84.25% 0.01% Ordinary resolution 3 - Ratification of appointments of: 3.1 TLR de Klerk 99.91% 0.09% 2 242 869 855 84.25% 0.01% 3.2 LJ du Preez 99.91% 0.09% 2 242 869 855 84.25% 0.01% Ordinary resolution number 4 Re-election of members of the Audit & Risk Com: 4.1 S H Müller 99.32% 0.68% 2 242 869 855 84.25% 0.01% 4.2 S H Nomvete 98.27% 1.73% 2 176 142 451 81.74% 2.52% 4.3 P K Quarmby 100% 0.00% 2 242 869 855 84.25% 0.01% Ordinary resolution number 5 – Placing of shares under the control of 96.01% 3.99% 2 242 869 385 84.25% 0.01% the directors for commercial purposes Ordinary resolution number 6 - Placing of shares under the control of 95.53% 4.47% 2 242 869 385 84.25% 0.01% the directors for purposes of the share scheme Special resolution number 2 - General authority to repurchase 98.04% 1.96% 2 242 871 205 84.25% 0.01% shares issued by the Company Ordinary resolution number 7 - General authority to distribute share 100% 0.00% 2 242 870 735 84.25% 0.01% capital and/or reserves Ordinary resolution number 8 - General authority to issue convertible instruments 93.79% 6.21% 2 242 870 735 84.25% 0.01% Non-binding ordinary resolution number 9 - Endorsement of the company’s: 9.1 remuneration policy 87.84% 12.16% 2 242 870 735 84.25% 0.01% 9.2 implementation report 89.19% 10.81% 2 242 870 735 84.25% 0.01% Special resolution number 3 - General authority to provide 97.84% 2.16% 2 242 871 205 84.25% 0.01% financial assistance Cape Town 13 November 2017 Sponsor PSG Capital Proprietary Limited Date: 13/11/2017 04:00:00 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.