Results of Annual General Meeting JASCO ELECTRONICS HOLDINGS LIMITED Incorporated in the Republic of South Africa) Registration Number: 1987/003293/06) Share Code: JSC ISIN: ZAE000003794 "Jasco" or “the group”) RESULTS OF ANNUAL GENERAL MEETING Shareholders are hereby advised that at the annual general meeting of shareholders of the company held on Thursday, 20 December 2018, all the proposed ordinary and special resolutions, as set out in the notice of annual general meeting contained in the Integrated Annual Report which was posted to shareholders on 16 November 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 annual general meeting are as follows: - Total number of issued ordinary shares: 229 319 191 - Total number of issued ordinary shares net of treasury shares (“Total Votable Ordinary Shares”): 222 380 283 - Total number of issued ordinary shares which were present/represented at the annual general meeting: 154 018 219 being 69.26% of the Total Votable Ordinary Shares. Ordinary Resolutions Ordinary resolution number 1.1: To elect Mr. JM Madungandaba who retires by rotation and is eligible and available for re-election For (1) Against (1) Abstentions (2) Shares voted (3) 153 993 185 24 827 being 207 being 0.00% 154 018 012 being 99.98% 0.02% being 69.26% Ordinary resolution number 1.2: To elect Mr. S Bawa who retires by rotation and is eligible and available for re-election For (1) Against (1) Abstentions (2) Shares voted (3) 153 993 185 24 827 being 207 being 0.00% 154 018 012 being 99.98% 0.02% being 69.26% Ordinary resolution number 2: To elect Mr D du Plessis, who is eligible and available for election, as a director For (1) Against (1) Abstentions (2) Shares voted (3) 154 003 512 14 500 being 207 being 0.00% 154 018 012 being 99.99% 0.01% being 69.26% Ordinary resolution number 3: To approve group audit and risk committee For (1) Against (1) Abstentions (2) Shares voted (3) 154 003 512 14 500 being 207 being 0.00% 154 018 012 being 99.99% 0.01% being 69.26% Ordinary resolution number 4: To approve group social and ethics committee members For (1) Against (1) Abstentions (2) Shares voted (3) 154 003 512 14 500 being 207 being 0.00% 154 018 012 being 99.99% 0.01% being 69.26% Ordinary resolution number 5: To re-appointment PwC Inc. as independent auditors of the company and the group and to note Mr. B Humphreys as the designated audit partner until the next annual general meeting For (1) Against (1) Abstentions (2) Shares voted (3) 153 968 185 39 500 being 10 534 being 154 007 685 being 99.97% 0.03% 0.005% being 69.25% Ordinary resolution number 6: To endorse, through a non-binding advisory vote, the company’s remuneration policy and its implementation, as set out in the remuneration report contained in the integrated annual report For (1) Against (1) Abstentions (2) Shares voted (3) 153 993 185 14 500 being 10 534 being 154 007 685 being 99.99% 0.01% 0.005% being 69.25% Ordinary resolution number 7: To place the authorised but unissued shares under the directors’ control For (1) Against (1) Abstentions (2) Shares voted (3) 153 966 213 14 500 being 37 506 being 153 980 713 being 99.99% 0.01% 0.017% being 69.24% Ordinary resolution number 8: General authority to issue shares, and to sell treasury shares for cash For (1) Against (1) Abstentions (2) Shares voted (3) 153 976 540 14 500 being 27 179 being 153 991 040 being 99.99% 0.01% 0.012% being 69.25% Ordinary resolution number 9: To authorise directors and/or company secretary to implement the resolutions set out in the notice convening the annual general meeting For (1) Against (1) Abstentions (2) Shares voted (3) 154 003 512 14 500 being 207 being 0.00% 154 018 012 being 99.99% 0.01% being 69.26% Special resolutions Special resolution number 1: To approve the remuneration to be paid to the non-executive directors for the period 1 January 2019 until 31 December 2019 For (1) Against (1) Abstentions (2) Shares voted (3) 153 966 213 51 799 being 207 being 0.00% 154 018 012 being 99.97% 0.03% being69.26% Special resolution number 2: To authorise financial assistance to related and inter-related companies For (1) Against (1) Abstentions (2) Shares voted (3) 153 976 540 41 472 being 207 being 0.00% 154 018 012 being 99.97% 0.03% being 69.26% Special resolution number 3: To provide general authority to acquire (“repurchase”) shares. For (1) Against (1) Abstentions (2) Shares voted (3) 153 993 185 24 827 being 207 being 0.00% 154 018 012 being 99.98% 0.02% being 69.26% 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 annual 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. Midrand 20 December 2018 Sponsor: Grindrod Bank Limited Date: 20/12/2018 04:05:00 Produced by the JSE SENS Department. 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