Feedback On Formal Shareholder Engagement Process: Remuneration Reunert Limited (Incorporated in the Republic of South Africa) (Registration number: 1913/004355/06) JSE code: RLO ISIN: ZAE000057428 (“Reunert” or the “Company”) FEEDBACK ON FORMAL SHAREHOLDER ENGAGEMENT PROCESS: REMUNERATION Shareholders are referred to the Company’s results of annual general meeting announcement released on SENS on 13 February 2018. As a result of more than 25% of the votes having been exercised against the non-binding advisory resolutions numbered 10 and 11, relating to Reunert’s remuneration policy and the implementation thereof, respectively (“Resolutions”), the Company invited shareholders to formally engage on these Resolutions via a telephone conference scheduled for 1 March 2018 at 16h00. Two shareholders who had supported the Resolutions advised that they wanted to join the telephone conference to establish why dissenting shareholders had voted against the Resolutions. However, no dissenting shareholders responded to Reunert’s invitation to share their reasons for voting against the Resolutions and the scheduled telephone conference was therefore cancelled. Going forward, Reunert will, in accordance with its established practice, continue to engage with key shareholders regarding its remuneration policy. Reunert also extends a standing invitation to all shareholders to forward written representations or recommendations in respect of the remuneration policy and/or the implementation report to Carina de Klerk, at carina@reunert.co.za. Johannesburg 2 March 2018 Sponsor One Capital Date: 02/03/2018 10:00:00 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.