Results of the annual general meeting Kaap Agri Limited Incorporated in the Republic of South Africa (Registration number: 2011/113185/06) ISIN: ZAE000244711 Share code: KAL (“Kaap Agri” or “the Company”) RESULTS OF THE ANNUAL GENERAL MEETING Shareholders are hereby advised that at the annual general meeting of the Company held today, 15 February 2018, at the Kaap Agri Member Hall, 65 Voortrekker Road, Malmesbury, (“AGM”), all of the resolutions proposed were passed by the requisite majorities of Kaap Agri shareholders. Details of the results of voting at the AGM are as follows: Votes for Votes Number of Number of Number of resolution against shares shares shares as a resolution voted at voted at abstained percentage as a AGM AGM as a as a of total percentage percentage percentage number of of total of shares of shares shares number of in issue in issue Resolutions voted at shares (%) (%) proposed at the AGM (%) voted at AGM AGM (%) Ordinary 100% Nil 52 959 598 71.4% Nil Resolution Number 1: Re-appointment of PricewaterhouseC oopers Inc as the auditor Ordinary 100% Nil 52 959 598 71.4% Nil Resolution Number 2: Re-election of Mr JH van Niekerk as director Ordinary 100% Nil 52 959 598 71.4% Nil Resolution Number 3: Re-election of Mr HM Smit as director Ordinary 100% Nil 52 959 598 71.4% Nil Resolution Number 4: Confirmation of Mrs D du Toit’s appointment as director Ordinary 100% Nil 52 959 598 71.4% Nil Resolution Number 5: Confirmation of Dr EA Messina’s appointment as director Ordinary 100% Nil 52 959 598 71.4% Nil Resolution Number 6: Confirmation of Dr W Michaels’ appointment as director Ordinary 100% Nil 52 959 598 71.4% Nil Resolution Number 7: Confirmation of Mr CA Otto’s appointment as a member of the Audit and Risk Committee Ordinary 100% Nil 52 959 598 71.4% Nil Resolution Number 8: Confirmation of Mrs D du Toit’s appointment as a member of the Audit and Risk Committee Ordinary 100% Nil 52 959 598 71.4% Nil Resolution Number 9: Confirmation of Mr BS du Toit’s appointment as a member of the Audit and Risk Committee Ordinary 100% Nil 52 959 598 71.4% Nil Resolution Number 10: Non-binding endorsement of Kaap Agri’s remuneration policy Ordinary 100% Nil 52 959 598 71.4% Nil Resolution Number 11: Non-binding endorsement of Kaap Agri’s implementation report Ordinary 100% Nil 52 959 598 71.4% Nil Resolution Number 12: General authority to issue ordinary shares for cash Special 100% Nil 52 959 598 71.4% Nil Resolution Number 1: Approval of non- executive directors’ remuneration Special 100% Nil 52 959 598 71.4% Nil Resolution Number 2: Share repurchases by the Company and its subsidiaries Special 100% Nil 52 959 598 71.4% Nil Resolution Number 3: Intercompany financial assistance Special 100% Nil 52 959 598 71.4% Nil Resolution Number 4: Financial assistance for the acquisition of shares in a related or interrelated company Paarl 15 February 2018 Sponsor PSG Capital Date: 15/02/2018 05:45:00 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.