Results of Annual General Meeting Italtile Limited Incorporated in the Republic of South Africa (Registration number: 1955/000558/06) Share code: ITE ISIN: ZAE000099123 (“Italtile” or “the Company”) RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that, at the annual general meeting of Italtile held today, all the resolutions as set out in the notice of the annual general meeting were passed by the requisite majority of shareholders. The number of shares voted in person or by proxy was 1 001 262 186, representing 85% of the total issued share capital of the same class of Italtile shares. The resolutions proposed at the meeting, together with the percentage of shares abstained, as well as the percentage of votes carried for and against each resolution, are set out below: % of votes % of votes carried for the against the % of shares Resolution resolution resolution abstained Ordinary Resolution No 1: Re-election of directors 1.1. Re-election of Mr G A M Ravazzotti 100.00 - 0.01 1.2. Re-election of Mr S I Gama 98.97 1.03 0.31 1.3. Re-election of Mr S G Pretorius 100.00 - 0.31 Ordinary Resolution No 2: Election of Ms N V Mtetwa as a director 100.00 - 0.31 Ordinary Resolution No 3: Re-appointment of external auditors 98.39 1.61 0.01 Ordinary Resolution No 4: Election of Audit and Risk Committee 4.1. Ms S M du Toit 98.39 1.61 0.31 4.2. Ms N V Mtetwa 100.00 - 0.31 4.3. Ms N Medupe 100.00 - 0.31 4.4. Mr S G Pretorius 100.00 - 0.31 Ordinary Resolution No 5: Non-binding advisory vote on the Company’s remuneration policy 95.53 4.47 0.31 Ordinary Resolution No 6: Unissued shares to be placed under the control of the directors 92.65 7.35 0.01 Ordinary Resolution No 7: General authority to issue shares, and to sell treasury shares, for cash 94.38 5.62 0.01 Special Resolution No 1: Acquisition of own securities 98.79 1.21 0.01 Special Resolution No 2: Financial assistance to related and inter-related entities 97.90 2.10 0.01 Special Resolution No 3: Approval of non-executive directors’ remuneration 98.95 1.05 0.31 Ordinary Resolution No 8: Authority to sign documentation 100.00 - 0.01 Johannesburg 17 November 2017 Sponsor Merchantec Capital Date: 17/11/2017 11:18:00 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.