Report on proceedings at the annual general meeting REMGRO LIMITED (Incorporated in the Republic of South Africa) (Registration number 1968/006415/06) ISIN: ZAE000026480 Share code: REM (“Remgro”) REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING At the 2018 annual general meeting (“AGM”) of the shareholders of Remgro held yesterday, Thursday, 29 November 2018 all the ordinary and special resolutions proposed were approved by the requisite majority of votes. In this regard, Remgro confirms the voting statistics from the AGM as follows: Shares voted Shares abstained Votes carried disclosed as disclosed as a disclosed as a a percentage in relation percentage in percentage in to the total number of relation to the relation to the shares voted at the total issued total issued meeting Number of shares share capital* share capital* Resolutions voted Ordinary shares (“Ord”) Ordinary shares Ordinary shares B ordinary shares (“B (“Ord”) (“Ord”) Ord”) B ordinary B ordinary shares (“B Ord”) shares (“B Ord”) For Against Ordinary Resolution Number 1 100% Ord 0% Ord 363 155 663 69.06% Ord 0.10% Ord - Approval of annual 100% B Ord 0% B Ord Ordinary shares 100% B Ord 0% B Ord financial statements 39 056 987 B ordinary shares Ordinary Resolution Number 2 74.48% Ord 25.52% Ord 361 992 596 68.84% Ord 0.09% Ord - Reappointment of auditor 100% B Ord 0% B Ord Ordinary shares 100% B Ord 0% B Ord 39 056 987 B ordinary shares Ordinary Resolution Number 3 99.43% Ord 0.57% Ord 363 206 144 69.07% Ord 0.09% Ord - Election of director, 100% B Ord 0% B Ord Ordinary shares 100% B Ord 0% B Ord Ms S E N De Bruyn 39 056 987 B ordinary share Ordinary Resolution Number 4 71.64 Ord 28.36% Ord 363 208 591 69.07% Ord 0.09% Ord - Election of director, 100% B Ord 0% B Ord Ordinary shares 100% B Ord 0% B Ord Mr P K Harris 39 056 987 B ordinary shares Ordinary Resolution Number 5 99.26% Ord 0.74% Ord 363 198 346 69.07% Ord 0.09% Ord - Election of director, 100% B Ord 0% B Ord Ordinary shares 100% B Ord 0% B Ord Mr M Morobe 39 056 987 B ordinary shares Ordinary Resolution Number 6 93.51% Ord 6.49% Ord 363 210 811 69.07% Ord 0.09% Ord - Election of director, 100% B Ord 0% B Ord Ordinary shares 100% B Ord 0% B Ord Mr J P Rupert 39 056 987 B ordinary shares Ordinary Resolution Number 7 99.60% Ord 0.40% Ord 363 056 504 69.04% Ord 0.12% Ord - Election of director, 100% B Ord 0% B Ord Ordinary shares 100% B Ord 0% B Ord Mr N J Williams 39 056 987 B ordinary shares Ordinary Resolution Number 8 98.79% Ord 1.21% Ord 362 655 366 68.97% Ord 0.09% Ord - Appointment of member of 100% B Ord 0% B Ord Ordinary shares 100% B Ord 0% B Ord the Audit and Risk 39 056 987 Committee, Ms S E N De Bruyn B ordinary shares Ordinary Resolution Number 9 98.75% Ord 1.25% Ord 363 198 819 69.07% Ord 0.09% Ord - Appointment of member of 100% B Ord 0% B Ord Ordinary shares 100% B Ord 0% B Ord the Audit and Risk 39 056 987 Committee, Mr N P Mageza B ordinary shares Ordinary Resolution Number 99.39% Ord 0.61% Ord 363 173 357 69.07% Ord 0.09% Ord 10 - Appointment of member 100% B Ord 0% B Ord Ordinary shares 100% B Ord 0% B Ord of the Audit and Risk 39 056 987 Committee, Mr P J Moleketi B ordinary shares Ordinary Resolution Number 67.49% Ord 32.51% Ord 363 191 700 69.07% Ord 0.09% Ord 11 - Appointment of member 100% B Ord 0% B Ord Ordinary shares 100% B Ord 0% B Ord of the Audit and Risk 39 056 987 Committee, Mr F Robertson B ordinary shares Ordinary Resolution Number 90.51% Ord 9.49% Ord 363 179 712 69.07% Ord 0.09% Ord 12 – General authority to 100% B Ord 0% B Ord Ordinary shares 100% B Ord 0% B Ord place 5% of the unissued 39 056 987 ordinary shares under the B ordinary shares control of the directors Ordinary Resolution Number 96.02% Ord 3.98% Ord 360 897 372 68.63% Ord 0.53% Ord 13 – Non-binding advisory 100% B Ord 0% B Ord Ordinary shares 100% B Ord 0% B Ord vote on Remuneration Policy 39 056 987 B ordinary shares Ordinary Resolution Number 97.97% Ord 2.03% Ord 360 920 089 68.64% Ord 0.52% Ord 14 – Non-binding advisory 100% B Ord 0% B Ord Ordinary shares 100% B Ord 0% B Ord vote on Remuneration 39 056 987 Implementation Report B ordinary shares Ordinary Resolution Number 97.10% Ord 2.90% Ord 363 044 737 69.04% Ord 0.12% Ord 15 – Adoption of the Remgro 100% B Ord 0% B Ord Ordinary shares 100% B Ord 0% B Ord Limited Conditional Share 39 056 987 Plan B ordinary shares Ordinary Resolution Number 97.04% Ord 2.96% Ord 362 984 992 69.03% Ord 0.12% Ord 16 – Adoption of the Remgro 100% B Ord 0% B Ord Ordinary shares 100% B Ord 0% B Ord Limited Share Appreciation 39 056 987 Rights Plan B ordinary shares Special Resolution Number 1 96.10% Ord 3.90% Ord 361 040 202 68.66% Ord 0.50% Ord - Approval of directors’ 100% B Ord 0% B Ord Ordinary shares 100% B Ord 0% B Ord remuneration 39 056 987 B ordinary shares Special Resolution Number 2 98.85% Ord 1.15% Ord 363 166 292 69.06% Ord 0.09% Ord - General authority to 0% B Ord 0% B Ord Ordinary shares 0% B Ord 100% B Ord repurchase shares 39 056 987 B ordinary shares Special Resolution Number 3 99.57% Ord 0.43% Ord 363 166 583 69.06% Ord 0.09% Ord - General authority to 100% B Ord 0% B Ord Ordinary shares 100% B Ord 0% B Ord provide financial assistance 39 056 987 for the subscription and/or B ordinary shares purchase of securities in the Company or in related or inter-related companies Special Resolution Number 4 99.81% Ord 0.19% Ord 362 651 688 68.97% Ord 0.09% Ord - General authority to 100% B Ord 0% B Ord Ordinary shares 100% B Ord 0% B Ord provide financial assistance 39 056 987 to related and inter-related B ordinary shares companies and corporations *Total issued share capital is 529 217 007 ordinary shares with total voteable shares, excluding Treasury shares, being 525 838 824 ordinary shares and 39 056 987 B ordinary shares. Stellenbosch 30 November 2018 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 30/11/2018 11:20:00 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.