Report on proceedings at the annual general meeting DISTELL GROUP HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2016/394974/06) Share Code: DGH ISIN: ZAE000248811 (“the Company”) REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING At the first (1st) annual general meeting (“AGM”) of the shareholders of our newly listed company, Distell Group Holdings Limited held today, 24 October 2018 all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes. In this regard, Distell confirms the voting statistics from the AGM as follows: Resolutions Votes carried disclosed as a Number of shares Shares voted disclosed as a Shares abstained disclosed as a percentage in relation to the total voted percentage in relation to percentage in relation to the number of shares voted at the AGM the total issued share total issued share capital* capital* Ordinary shares (“Ord”) Ordinary shares B ordinary shares (“B Ord”) Ordinary shares (“Ord”) (“Ord”) B ordinary shares (“B Ord”) B ordinary shares (“B Ord”) For Against Ordinary Resolution Number 1 - Approval 100% Ord 0% Ord 201 421 542 91.75% Ord 0.14% Ord of annual financial statements Ordinary shares 100% B Ord 0% B Ord 100% B Ord 0% B Ord 124 226 613 B ordinary shares Ordinary Resolution Number 2 - 52.48% Ord 47.52% Ord 201 421 542 91.75% Ord 0.14% Ord Reappointment of auditor Ordinary shares 100% B Ord 0% B Ord 100% B Ord 0% B Ord 124 226 613 B ordinary shares Ordinary Resolution Number 3.1 - Election 99.24% Ord 0.76% Ord 201 231 372 91.67% Ord 0.23% Ord of director, Mr JJ Durand Ordinary shares 100% B Ord 0% B Ord 100% B Ord 0% B Ord 124 226 613 B ordinary shares Ordinary Resolution Number 3.2 - 99.62% Ord 0.38% Ord 201 421 542 91.75% Ord 0.14% Ord Election of director, Mr CA Otto Ordinary shares 100% B Ord 0% B Ord 100% B Ord 0% B Ord 124 226 613 B ordinary shares Ordinary Resolution Number 3.3 - 99.60% Ord 0.40% Ord 201 421 542 91.75% Ord 0.14% Ord Election of director, Mr AC Parker Ordinary shares 100% B Ord 0% B Ord 100% B Ord 0% B Ord 124 226 613 B ordinary shares Ordinary Resolution Number 4.1 - 65.97% Ord 34.03% Ord 201 421 242 91.75% Ord 0.14% Ord Appointment of member of the Audit Ordinary shares Committee, Mrs GP Dingaan 100% B Ord 0% B Ord 100% B Ord 0% B Ord 124 226 613 B ordinary shares Ordinary Resolution Number 4.2 - 99.67% Ord 0.33% Ord 201 421 542 91.75% Ord 0.14% Ord Appointment of member of the Audit Ordinary shares Committee, Dr DP du Plessis 100% B Ord 0% B Ord 100% B Ord 0% B Ord 124 226 613 B ordinary shares Ordinary Resolution Number 4.3 - 99.67% Ord 0.33% Ord 201 421 242 91.75% Ord 0.14% Ord Appointment of member of the Audit Ordinary shares Committee, 100% B Ord 0% B Ord 100% B Ord 0% B Ord Mrs EG Matenge-Sebesho 124 226 613 B ordinary shares Ordinary Resolution Number 4.4 - 99.25% Ord 0.75% Ord 201 421 242 91.75% Ord 0.14% Ord Appointment of member of the Audit Ordinary shares Committee, 100% B Ord 0% B Ord 100% B Ord 0% B Ord Mrs CE Sevillano-Barredo 124 226 613 B ordinary shares Ordinary Resolution Number 5 – 84.01% Ord 15.99% Ord 201 421 242 91.75% Ord 0.14% Ord Authority to place unissued shares Ordinary shares under the control of the directors 100% B Ord 0% B Ord 100% B Ord 0% B Ord 124 226 613 B ordinary shares Ordinary Resolution Number 6 – Non- 98.97% Ord 1.03% Ord 201 421 242 91.75% Ord 0.14% Ord binding endorsement of Remuneration Ordinary shares Policy 100% B Ord 0% B Ord 100% B Ord 0% B Ord 124 226 613 B ordinary shares Ordinary Resolution Number 7 – Non- 98.99% Ord 1.01% Ord 201 421 242 91.75% Ord 0.14% Ord binding endorsement of the Ordinary shares implementation report on the 100% B Ord 0% B Ord 100% B Ord 0% B Ord Company’s Remuneration Policy 124 226 613 B ordinary shares Special Resolution Number 1 - 95.74% Ord 4.26% Ord 201 421 242 91.75% Ord 0.14% Ord Approval of non-executive directors’ Ordinary shares remuneration for the year ending 30 100% B Ord 0% B Ord 100% B Ord 0% B Ord June 2019 124 226 613 B ordinary shares Special Resolution Number 2 - 95.92% Ord 4.08% Ord 201 421 242 91.75% Ord 0.14% Ord Approval of remuneration of non- Ordinary shares executive directors’ for additional 100% B Ord 0% B Ord 100% B Ord 0% B Ord services performed on behalf of the Company 124 226 613 B ordinary shares Special Resolution Number 3 – 95.19% Ord 4.81% Ord 201 421 242 91.75% Ord 0.14% Ord Financial assistance for subscription of Ordinary shares securities in terms of section 44 of the 100% B Ord 0% B Ord 100% B Ord 0% B Ord Companies Act 124 226 613 B ordinary shares Special Resolution Number 4 – 99.16% Ord 0.84% Ord 201 421 242 91.75% Ord 0.14% Ord Financial assistance in terms of section Ordinary shares 45 of the Companies Act 100% B Ord 0% B Ord 100% B Ord 0% B Ord 124 226 613 B ordinary shares *Total issued share capital is 343 755 327 ordinary shares (with total voteable shares, excluding Treasury shares, being 219 528 714 ordinary shares) and 124 226 613 B ordinary shares. Stellenbosch 24 October 2018 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 24/10/2018 04:57:00 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.