Report on proceedings at the general meeting STELLAR CAPITAL PARTNERS LIMITED Incorporated in the Republic of South Africa (Registration number: 1998/015580/06) Share code: SCP ISIN: ZAE000198586 ("Stellar Capital") REPORT ON PROCEEDINGS AT THE GENERAL MEETING Stellar Capital is pleased to advise shareholders that all the resolutions contained in the notice of general meeting (“GM”) were passed by the required majority of votes by shareholders present or represented by proxy at the GM held at 09h30 today at Stellar Capital’s registered offices situated at The Terraces, 25 Protea Road, Claremont, Cape Town. In this regard, Stellar Capital confirms the voting statistics from the GM as follows: Votes carried Shares voted Shares disclosed as a disclosed as abstained percentage in Number of a percentage disclosed as a relation to the shares voted in relation percentage in total number of to the total relation to the shares voted at issued share total issued the meeting capital* share capital* Resolutions For Against Special resolution number 1 Creation of B Preference Shares 89.75% 10.25% 645 968 767 60.09% 0.19% Special resolution number 2 Amendment to the Preference 99.94% 0.06% 645 968 767 60.09% 0.19% Share Terms Special resolution number 3 Further Amendment to the 99.94% 0.06% 645 968 767 60.09% 0.19% Preference Share Terms Ordinary resolution number 1 Authorising Resolution 99.95% 0.05% 645 968 767 60.09% 0.19% *Total issued share capital is 1 075 031 756. The special resolutions will be lodged for registration with the Companies and Intellectual Property Commission in due course. Cape Town 12 June 2018 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 12/06/2018 03:00:00 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.