Report on Annual General Meeting Proceedings RAUBEX GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 2006/023666/06) JSE Share code: RBX ISIN: ZAE000093183 (“Raubex” or “the Group”) REPORT ON ANNUAL GENERAL MEETING PROCEEDINGS Raubex shareholders are advised that at the annual general meeting of members held on Friday, 27 July 2018, all the ordinary and special resolutions as proposed in the notice of the annual general meeting were approved by the requisite majority of members. Special resolution number 4 was withdrawn. In this regard, Raubex confirms the voting statistics from the annual general meeting as follows: % Number Total number of shares that could be voted at meeting 100% 181 679 898 Total number of shares present/represented including proxies at meeting as % of 87% 157 967 787 votable shares Total number of shares present/represented including proxies at meeting as % of issued 87% 157 967 787 shares Total number of members present in person 8 Votes for and against are in relation to the total number of shares voted at the meeting. Abstentions are in relation to the voteable shares. Votes in Favour Votes Against in Abstentions in Shares voted in relation to relation to total relation to total number of number of voteable shares shares voted shares voted Ordinary Resolution Number 1 Adoption of the group audited annual 157 869 618 0 98 169 157 869 618 financial statements for the year ended 28 (100%) (0.00%) (0.05%) (86.89%) February 2018 Ordinary Resolution Number 2 Re-appointment of independent external 139 646 514 18 293 242 98 169 157 939 756 auditor (88.42%) (11.58%) (0.05%) (86.93%) Ordinary Resolution Number 3.1 Re-election of director LA Maxwell 157 494 416 445 340 98 169 157 939 756 (99.72%) (0.28%) (0.05%) (86.93%) Ordinary Resolution Number 3.2 Re-election of director BH Kent 157 890 208 49 548 98 169 157 939 756 (99.97%) (0.03%) (0.05%) (86.93%) Ordinary Resolution Number 4.1 Election of audit committee member LA 155 113 549 2 826 207 98 169 157 939 756 Maxwell (98.21%) (1.79%) (0.05%) (86.93%) Ordinary Resolution Number 4.2 Election of audit committee member BH 157 890 208 49 548 98 169 157 939 756 Kent (99.97%) (0.03%) (0.05%) (86.93%) Ordinary Resolution Number 4.3 Election of audit committee member SR 157 875 108 64 648 98 169 157 939 756 Bogatsu (99.96%) (0.04%) (0.05%) (86.93%) Ordinary Resolution Number 5 Endorsement of Raubex remuneration 145 058 189 12 881 567 98 169 157 939 756 policy (91.84%) (8.16%) (0.05%) (86.93%) Ordinary Resolution Number 6 Approval of the Raubex Group Limited long- 156 186 886 1 752 870 98 169 157 939 756 term incentive scheme (98.89%) (1.11%) (0.05%) (86.93%) Ordinary Resolution Number 7 Directors authority to implement special 157 749 291 190 465 98 169 157 939 756 and ordinary resolutions (99.88%) (0.12%) (0.05%) (86.93%) Special Resolution Number 1 Remuneration of non-executive directors 157 924 656 15 100 98 169 157 939 756 (99.99%) (0.01%) (0.05%) (86.93%) Special Resolution Number 2 General authority to repurchase shares 157 225 988 713 768 98 169 157 939 756 (99.55%) (0.45%) (0.05%) (86.93%) Special Resolution Number 3 Financial assistance to related or inter- 147 097 493 10 842 263 98 169 157 939 756 related companies (93.14%) (6.86%) (0.05%) (86.93%) Centurion 27 July 2018 Sponsor Investec Bank Limited Date: 27/07/2018 03:15:00 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.