Results of Annual General Meeting MASTER PLASTICS LIMITED Incorporated in the Republic of South Africa (Registration number 2016/323930/06) Share code: MAP ISIN: ZAE000242921 ("Master Plastics" or "the Company") RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that, at the annual general meeting of Master Plastics held today, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders. The number of shares voted in person or by proxy was 89 669 696, representing 76.29% of the total issued share capital of the same class of Master Plastics shares. There were no shareholders that abstained from voting. The resolutions proposed at the meeting, together with the percentage of votes carried for and against each resolution, are set out below: % of votes carried % of votes against Resolution for the resolution the resolution Ordinary resolution number 1.1: Re-election of Director retiring 100.00 - by rotation – Paul Botha Ordinary resolution number 1.2: Re-election of Director retiring 100.00 - by rotation - Craig McDougall Ordinary resolution number 2.1: Appointment of the members 97.91 2.09 of the Audit Committee – Sibongile Masinga Ordinary resolution number 2.2: Appointment of the members 100.00 - of the Audit Committee - Günter Steffens Ordinary resolution number 2.3: Appointment of the members 100.00 - of the Audit Committee - Craig McDougall Ordinary resolution number 3: Re-appointment of external 100.00 - auditors Ordinary resolution number 4: Signature of documents 100.00 - Ordinary resolution number 5: Non-binding advisory endorsement of the Company’s remuneration policy and - - implementation report Ordinary resolution number 5.1: Endorsement of the 98.18 1.82 Company’s remuneration policy Ordinary resolution number 5.2: Endorsement of the 99.55 0.45 Company’s implementation report Special resolution number 1: General approval to acquire 92.84 7.16 ordinary shares Special resolution number 2: Approval of Non-Executive 100.00 - Director fees Special resolution number 3: Approval of general authority to 99.55 0.45 provide financial assistance to related and inter-related parties Johannesburg 15 August 2018 Designated Adviser Merchantec Capital Date: 15/08/2018 01:55:00 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.