Results of the Scheme Meeting BUILDMAX LIMITED Incorporated in the Republic of South Africa (Registration No. 1995/012209/06) Share Code: BDM ISIN Code: ZAE000167318 (“Buildmax”) RESULTS OF THE SCHEME MEETING (“SCHEME MEETING”) The board of directors of Buildmax hereby advises that at the Scheme Meeting of shareholders held on Friday, 22 December 2017, at 10:00, all the resolutions, as set out in the notice of the Scheme Meeting which was incorporated in the circular distributed to shareholders on Friday, 24 November 2017, were duly approved by the requisite majority of shareholders present and voting, in person or represented by proxy. Shareholders are advised that: - the total number of shares in issue as at the date of the Scheme Meeting was 181 300 839; - the total number of shares that were present in person/represented by proxy and entitled to vote at the Scheme Meeting (i.e. excluding treasury shares and those held by the concert parties) was 134 495 605 shares being 74.18% of the total number of shares in issue; and - abstentions are represented below as a percentage of total number of shares in issue while the shares voted for and against are represented as a percentage of the total shares voted. Details of the results of the voting are as follows: Shares voted Shares voted Total shares Shares for against voted abstained Special resolution number 1 Approval of the Scheme and related 103 186 384 31 276 535 134 462 919 32 686 transactions in terms of sections 114 76.74% 23.26% 0.02% and 115 of the Companies Act Ordinary resolution number 1 103 186 384 31 276 361 134 462 745 32 860 Authority granted to Directors 76.74% 23.26% 0.02% Benoni 22 December 2017 Sponsor Sasfin Capital (a member of the Sasfin group) Date: 22/12/2017 12:08:00 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.