Results of Annual General Meeting Bid Corporation Limited (Incorporated in the Republic of South Africa) Registration number: 1995/008615/06 Share code: BID ISIN ZAE 000216537 (“Bidcorp” or “the Company” or “group”) REPORT ON PROCEEDINGS AT THE 2018 ANNUAL GENERAL MEETING At the Annual General Meeting (“ÄGM") of Bidcorp held at 10h30 on Thursday November 27th 2018, all ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes. In this regard the Company confirms the voting statistics from the AGM as follows: Votes Carried as a Shares voted as a Shares abstained percentage of the total Number of percentage of the as a percentage of Resolution number of shares voted at Shares Voted total issued share the total issued the AGM capital share capital 1 For Against Ordinary resolution number 1: Reappointment of external 2 auditor 96.71% 3.29% 251 789 835 75.07% 0.17% Ordinary resolution number 2.1: Re-election of directors retiring by rotation and available for re-election - DDB Band 3 93.46% 6.54% 251 788 102 75.07% 0.17% Ordinary resolution number 2.2: Re-election of directors retiring by rotation and available for re-election - BL Berson 4 99.48% 0.52% 251 788 102 75.07% 0.17% Ordinary resolution number 2.3: Re-election of directors 5 retiring by rotation and available for re-election - NG Payne 85.95% 14.05% 251 787 942 75.07% 0.17% Ordinary resolution number 3.1: Election of audit and risk 6 committee member - PC Baloyi 99.52% 0.48% 251 793 117 75.07% 0.17% Ordinary resolution number 3.2: Election of audit and risk 7 committee member - NG Payne 90.10% 9.90% 251 786 042 75.07% 0.17% Ordinary resolution number 3.3: Election of audit and risk 8 committee member - H Wiseman 99.90% 0.10% 251 791 527 75.07% 0.17% Ordinary resolution number 4.1: Endorsement of Bidcorp remuneration policy – non-binding advisory vote: 9 Remuneration policy 94.82% 5.18% 251 778 418 75.07% 0.17% Ordinary resolution number 4.2: Endorsement of Bidcorp remuneration policy – non-binding advisory vote: 10 Implementation of remuneration policy 93.55% 6.45% 251 778 418 75.07% 0.17% Ordinary resolution number 5: General authority to directors 11 to allot and issue authorised but unissued ordinary shares 92.06% 7.94% 251 793 427 75.07% 0.17% Ordinary resolution number 6: General authority to issue 12 shares for cash 90.72% 9.28% 251 793 807 75.07% 0.17% Ordinary resolution number 7: Payment of dividend by way 13 of pro rata reduction of stated capital 99.05% 0.95% 251 798 844 75.07% 0.16% Ordinary resolution number 8: Creation and issue of 14 convertible debentures 90.24% 9.76% 251 350 438 74.94% 0.30% Ordinary resolution number 9: Directors’ authority to 15 implement special and ordinary resolutions 100.00% 0.00% 251 792 217 75.07% 0.17% Special resolution number 1: General authority to acquire 16 (repurchase) shares 99.49% 0.51% 251 782 612 75.07% 0.17% Special resolution number 2.1: Approval of non?executive directors’ remuneration – 2018/2019 - Chairman 17 98.72% 1.28% 251 610 018 75.02% 0.22% Special resolution number 2.2: Approval of non?executive directors’ remuneration – 2018/2019 - Lead independent non- executive director 99.99% 0.01% 251 610 018 75.02% 0.22% Votes Carried as a Shares voted as a Shares abstained percentage of the total Number of percentage of the as a percentage of Resolution number of shares voted at Shares Voted total issued share the total issued the AGM capital share capital For Against Special resolution number 2.3.1: Approval of non-executive 18 directors’ remuneration – 2018/2019 - Non?executive directors (SA) 99.99% 0.01% 251 778 384 75.07% 0.17% Special resolution number 2.3.2: Approval of non-executive 19 directors’ remuneration – 2018/2019 - Non-executive directors (International) 99.99% 0.01% 251 610 018 75.02% 0.22% Special resolution number 2.4.1: Approval of non-executive 20 directors’ remuneration – 2018/2019 - Audit and risk committee chairman 99.74% 0.26% 251 610 018 75.02% 0.22% Special resolution number 2.4.2: Approval of non-executive 21 directors’ remuneration – 2018/2019 - Audit and risk committee member (SA) 99.99% 0.01% 251 610 018 75.02% 0.22% Special resolution number 2.4.3: Approval of non-executive 22 directors’ remuneration – 2018/2019 - Audit and risk committee member (International) 99.99% 0.01% 251 610 018 75.02% 0.22% Special resolution number 2.5.1: Approval of non-executive 23 directors’ remuneration – 2018/2019 - Remuneration committee chairman 99.74% 0.26% 251 610 018 75.02% 0.22% Special resolution number 2.5.2: Approval of non-executive 24 directors’ remuneration – 2018/2019 -Remuneration committee member (SA) 99.99% 0.01% 251 610 018 75.02% 0.22% Special resolution number 2.5.3: Approval of non-executive 25 directors’ remuneration – 2018/2019 - Remuneration committee member (International) 99.99% 0.01% 251 610 018 75.02% 0.22% Special resolution number 2.6.1: Approval of non-executive 26 directors’ remuneration – 2018/2019 - Nominations committee chairman 99.74% 0.26% 251 610 018 75.02% 0.22% Special resolution number 2.6.2: Approval of non-executive 27 directors’ remuneration – 2018/2019 - Nominations committee member (SA) 99.99% 0.01% 251 610 018 75.02% 0.22% Special resolution number 2.6.3: Approval of non-executive 28 directors’ remuneration – 2018/2019 - Nominations committee member (International) 99.99% 0.01% 251 610 018 75.02% 0.22% Special resolution number 2.7.1: Approval of non-executive 29 directors’ remuneration – 2018/2019 - Acquisitions committee chairman 99.74% 0.26% 251 610 018 75.02% 0.22% Special resolution number 2.7.2: Approval of non-executive 30 directors’ remuneration – 2018/2019 - Acquisitions committee member (SA) 99.99% 0.01% 251 610 018 75.02% 0.22% Special resolution number 2.7.3: Approval of non-executive 31 directors’ remuneration – 2018/2019 - Acquisitions committee member (International) 99.99% 0.01% 251 610 018 75.02% 0.22% Special resolution number 2.8.1: Approval of non-executive 32 directors’ remuneration – 2018/2019 - Social and ethics committee chairman 99.74% 0.26% 251 610 018 75.02% 0.22% Votes Carried as a Shares voted as a Shares abstained percentage of the total Number of percentage of the as a percentage of Resolution number of shares voted at Shares Voted total issued share the total issued the AGM capital share capital For Against Special resolution number 2.8.2: Approval of non-executive 33 directors’ remuneration – 2018/2019 - Social and ethics committee member (SA) 99.99% 0.01% 251 610 018 75.02% 0.22% Special resolution number 2.8.3: Approval of non-executive 34 directors’ remuneration – 2018/2019 -Social and ethics committee member (International) 99.99% 0.01% 251 610 018 75.02% 0.22% Special resolution number 2.9.1: Approval of non-executive 35 directors’ remuneration – 2018/2019 - Ad hoc meetings (SA) 99.99% 0.01% 251 610 218 75.02% 0.22% Special resolution number 2.9.2: Approval of non-executive 36 directors’ remuneration – 2018/2019 - Ad hoc meetings (International) 99.99% 0.01% 251 614 418 75.02% 0.22% Special resolution number 3: General authority to provide 37 financial assistance to related or inter?related companies and corporations 99.93% 0.07% 251 364 922 74.94% 0.29% Total Issued Share Capital 335 404 212 Excluded Treasury Shares 2 182 317 Voteable Shares 333 221 895 The Special Resolutions will, where necessary, be lodged with the Companies and Intellectual Property Commission in due course. CAPITAL MARKETS TRADING UPDATE Shareholders are reminded that management will be hosting a capital markets trading update on Wednesday, November 28th 2018 at 09h30 SA time where an operational update will be provided. Full details are available on the Bidcorp website (www.bidcorpgroup.com). Johannesburg November 27 2018 Sponsor: The Standard Bank of South Africa Limited Date: 27/11/2018 04:46:00 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.