Results of General Meeting VUNANI LIMITED (Incorporated in the Republic of South Africa) (Registration number 1997/020641/06) JSE code: VUN ISIN: ZAE000163382 (“Vunani” or “the Company”) RESULTS OF GENERAL MEETING Shareholders are advised that a general meeting of shareholders of the company was held today, 17 August 2018. In terms of the proposed ordinary and special resolutions, all resolutions as set out in the notice of general meeting contained in the circular to shareholders regarding the specific repurchase of 3 731 482 Vunani ordinary shares from Battershill Investments Proprietary Limited, which was posted on 17 July 2018, were passed by the requisite majority of shareholders present and voting, in person or by proxy. Details of the results of voting at the general meeting are as follows: - Total number of issued ordinary shares: 164 896 942 - Total number of issued ordinary shares net of treasury shares (“Total Votable Ordinary Shares”): 159 756 385 - Total number of issued ordinary shares which were present/represented at the general meeting: 123 132 962 being 77.07546% of the Total Votable Ordinary Shares. Special resolution 1: Specific Repurchase of ordinary shares For (1) Against (1) Abstentions (2) Shares voted (3) 123 132 962 0 being 0 being 123 132 962 being 100% 0% 0% being 77.07546% Ordinary resolution 1: Signature of documents For (1) Against (1) Abstentions (2) Shares voted (3) 123 132 962 0 being 0 being 123 132 962 being 100% 0% 0% being 77.07546% Notes: (1) The votes carried for and against each individual resolution are disclosed as a percentage in relation to the total number of ordinary shares voted (whether in person or by proxy) in respect of such individual resolution at the general meeting. (2) The total number of ordinary shares abstained in respect of each individual resolution (whether in person or by proxy) is disclosed as a percentage in relation to the Total Votable Ordinary Shares. (3) The total number of ordinary shares voted (whether in person or by proxy) at the annual general meeting in respect of each individual resolution is disclosed as a percentage in relation to the Total Votable Ordinary Shares. Sandton 17 August 2018 Designated Adviser Grindrod Bank Limited Date: 17/08/2018 04:30:00 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.