Report on Annual General Meeting Proceedings ASPEN PHARMACARE HOLDINGS LIMITED (Incorporated in the Republic of South Africa) Registration number 1985/0002935/06 Share code: APN ISIN: ZAE000066692 ("Aspen Holdings" or "the Company") REPORT ON ANNUAL GENERAL MEETING PROCEEDINGS Shareholders are advised that, at the Annual General Meeting (AGM”) of members held on Thursday, 7 December 2017, a total of 332 591 670 or 72.86% of issued shares (456 451 541) were voted and that the further voting statistics from this AGM are confirmed to be as follows: 1 Ordinary resolution number 1: Presentation and adoption of Annual Financial Statements For Against Abstain Shares voted 331 922 874 1 026 667 770 332 591 670 100% 0% 100% 2 Ordinary resolution number 2: Presentation and noting of the Social & Ethics Committee Report For Against Abstain Shares voted 331 906 548 16142 668 980 332 591 670 100% 0% 100% 3 Ordinary resolution number 3.1: Re-election of Roy Anderson retiring by rotation and available for re-election For Against Abstain Shares voted 330 994 794 1 239 598 357 278 332 591 670 99.63% 0.37% 100% 4 Ordinary resolution number 3.2: Re-election of John Buchanan retiring by rotation and available for re-election For Against Abstain Shares voted 326 192 523 6 041 869 357 278 332 591 670 98.18% 1.82% 100% 5 Ordinary resolution number 3.3: Re-election of Kuseni Dlamini retiring by rotation and available for re-election For Against Abstain Shares voted 331 662 031 572 361 357 278 332 591 670 99.83% 0.17% 100% 6 Ordinary resolution number 3.4: Re-election of Maureen Manyama retiring by rotation and available for re-election Resolution withdrawn 7 Ordinary resolution number 3.5: Re-election of Chris Mortimer retiring by rotation and available for re-election For Against Abstain Shares voted 312 742 504 19 491 872 357 294 332 591 670 94.13% 5.87% 100% 8 Ordinary resolution number 4: Re-appointment of PricewaterhouseCoopers as independent external auditors For Against Abstain Shares voted 283 459 665 48 758 617 373 388 332 591 670 85.32% 14.68% 100% 9 Ordinary resolution number 5.1: Election of Roy Andersen as a member of the Audit & Risk Committee For Against Abstain Shares voted 329 012 127 3 222 213 357 330 332 591 670 99.03% 0.97% 100% 10 Ordinary resolution number 5.2: Election of John Buchanan as a member of the Audit & Risk Committee For Against Abstain Shares voted 324 344 244 7 890 096 357 330 332 591 670 97.63% 2.37% 100% 11 Ordinary resolution number 5.3: Election of Maureen Manyama as a member of the Audit & Risk Committee Resolution Withdrawn 12 Ordinary resolution number 5.4: Election of Babalwa Ngonyama as a member of the Audit & Risk Committee For Against Abstain Shares voted 331 509 024 724 376 358 270 332 591 670 99.78% 0.22% 100% 13 Ordinary resolution number 5.5: Election of Sindi Zilwa as a member of the Audit & Risk Committee For Against Abstain Shares voted 327 712 890 4 520 510 358 270 332 591 670 98.64% 1.36% 100% 14 Ordinary resolution number 6: Unissued shares placed under the control of directors (5%) For Against Abstain Shares voted 284 743 551 47 494 566 353 553 332 591 670 85.70% 14.30% 100% 15 Ordinary resolution number 7: General but restricted authority for the directors to issue shares for cash (5%) For Against Abstain Shares voted 283 316 307 48 918 647 356 716 332 591 670 85.28% 14.72% 100% 16 Ordinary resolution number 8: Endorsement of the remuneration policy by way of a non- binding advisory vote For Against Abstain Shares voted 318 584 521 13 648 114 359 035 332 591 670 95.89% 4.11% 100% 17 Ordinary resolution number 9: Remuneration implementation report For Against Abstain Shares voted 328 648 926 3 583 749 358 995 332 591 670 98.92% 1.08% 100% 18 Ordinary resolution number 10: Authorisation for an Executive Director to sign necessary documents For Against Abstain Shares voted 332 216 659 16 313 358 698 332 591 670 100% 0% 100% 19 Special resolution number 1.1a: Remuneration of non-executive directors - Chairman For Against Abstain Shares voted 328 087 890 4 144 946 358 834 332 591 670 98.75% 1.25% 100% 20 Special resolution number 1.1b: Remuneration of non-executive directors – Board Member For Against Abstain Shares voted 332 208 992 23 844 358 834 332 591 670 99.99% 0.01% 100% 21 Special resolution number 1.2a: Remuneration of non-executive directors – Audit & Risk Committee Chairman For Against Abstain Shares voted 332 210 792 22 044 358 834 332 591 670 99.99% 0.01% 100% 22 Special resolution number 1.2b: Remuneration of non-executive directors – Audit & Risk Committee Member For Against Abstain Shares voted 332 208 992 23 844 358 834 332 591 670 99.99% 0.01% 100% 23 Special resolution number 1.3a: Remuneration of non-executive directors – Remuneration & Nomination Committee Chairman For Against Abstain Shares voted 332 208 982 23 854 358 834 332 591 670 99.99% 0.01% 100% 24 Special resolution number 1.3b: Remuneration of non-executive directors – Remuneration & Nomination Committee Member For Against Abstain Shares voted 332 208 683 23 844 359 143 332 591 670 99.99% 0.01% 100% 25 Special resolution number 1.4a: Remuneration of non-executive directors – Social & Ethics Committee Chairman For Against Abstain Shares voted 332 208 982 23854 358834 332 591 670 99.99% 0.01% 100% 26 Special resolution number 1.4b: Remuneration of non-executive directors – Social & Ethics Committee Member For Against Abstain Shares voted 332 208 952 23 844 358 874 332 591 670 99.99% 0.01% 100% 27 Special resolution number 2: Financial assistance to related or inter-related company For Against Abstain Shares voted 309 314 259 22 920 345 357 066 332 591 670 93.10% 6.90% 100% 28 Special resolution number 3: General authority to repurchase shares For Against Abstain Shares voted 325 357 208 6 862 778 371 684 332 591 670 97.93% 2.07% 100% Durban 8 December 2017 Sponsor Investec Bank Limited Date: 08/12/2017 08:00:00 Produced by the JSE SENS Department. 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