Results of annual general meeting SYGNIA LIMITED Incorporated in the Republic of South Africa Registration number 2007/025416/06 Share code on the JSE: SYG ISIN: ZAE000208815 (“Sygnia”) RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that the voting results for the annual general meeting of Sygnia (“the AGM”) held at the registered offices of the company on Friday, 12 January 2018, were as follows: Resolution Number of Percentage of For Against Abstained shares voted shares in ** % ** % *** % issue* % Ordinary resolution 1: 109 108 217 70.41 100.00 0.00 0.02 To receive and adopt the 30 September 2017 Annual Financial Statements Ordinary resolution 2: 109 109 156 70.41 100.00 0.00 0.02 To appoint the auditor of the Company Ordinary resolution 3.1: 109 109 156 70.41 99.99 0.01 0.02 To re-elect the non-executive directors – Prof S A Zinn Ordinary resolution 3.2: 109 109 156 70.41 99.99 0.01 0.02 To re-elect the non-executive directors – Mr I K Moyane Ordinary resolution 4.1: 109 109 156 70.41 100.00 0.00 0.02 To re-elect the audit committee members – Mr K T Hopkins Ordinary resolution 4.2: 109 109 156 70.41 99.99 0.01 0.02 To re-elect the audit committee members – Prof S A Zinn Ordinary resolution 4.3: 109 109 156 70.41 99.99 0.01 0.02 To re-elect the audit committee members – Mr I K Moyane Ordinary Resolution 5: 109 109 012 70.41 96.19 3.81 0.02 To authorise the issue of ordinary shares for cash Ordinary Resolution 6: 108 339 892 69.92 96.17 3.83 0.52 Control of authorised but unissued shares Ordinary Resolution 7: 109 107 593 70.41 98.00 2.00 0.02 Non-binding advisory vote on the remuneration policy of Sygnia Ordinary Resolution 8: 109 108 652 70.41 99.99 0.01 0.02 Non-binding advisory vote on the implementation report of Sygnia Ordinary resolution 9: 109 108 631 70.41 99.99 0.01 0.02 To authorise directors and the company secretary to implement special and ordinary resolutions Special resolution 1: 109 106 790 70.41 100.00 0.00 0.02 To approve remuneration of non- executive directors Special resolution 2: 109 121 172 70.42 99.96 0.04 0.01 To authorise the repurchase of shares Special resolution 3: 109 108 772 70.41 99.99 0.01 0.02 To provide financial assistance to related or inter-related companies Special resolution 4: 109 107 713 70.41 98.00 2.00 0.02 To provide financial assistance for the subscription or purchase of securities * Based on 154 955 778 shares in issue as at the date of the AGM. ** As a percentage of shares voted at the AGM. *** As a percentage of 154 955 778 shares in issue as at the date of the AGM. Based on the above voting results, all resolutions were passed by the requisite majority of Sygnia shareholders present in person or represented by proxy at the AGM. Cape Town 12 January 2018 Sponsor Nedbank Corporate and Investment Banking Date: 12/01/2018 12:35:00 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.