Results of General Meeting AFROCENTRIC INVESTMENT CORPORATION LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1988/000570/06) JSE Code: ACT ISIN: ZAE000078416 (“AfroCentric” or “the Company”) RESULT OF GENERAL MEETING (“GM”) 1. Introduction AfroCentric shareholders (“Shareholders”) are referred to the announcements published by the Company on 9 November 2018 and 16 November 2018, as well as the circular dated 9 November 2018 (“Circular”) regarding the acquisition of the remaining 74% interest in Activo Health Proprietary Limited (“Activo Transaction”). 2. Results of the GM Shareholders are advised that: - the total number of shares in issue as at the date of the GM was 554 377 328; - the total number of shares that were present in person/represented by proxy at the AGM was 400 914 430 shares being 72% of the total number of shares in issue; - 90 870 040 shares were not eligible for voting due to being a related party to the acquisition: and - Abstentions are represented below as a percentage of total number of shares in issue. Details of the results of the voting are as follows: Resolution For Against Abstained Shares voted Ordinary resolution 309 983 926 0 60 464 310 044 390 number 1 – Approval of the 100% 0.00% 0.01% Acquisition Agreement Ordinary resolution 309 983 926 0 60 464 310 044 390 number 2 - To allow a 100% 0.00% 0.01% director and company secretary to do all such things and to sign all such documents as may be necessary to implement the resolution set out above 3. CONDITIONS PRECEDENT Shareholders are referred to paragraph 2.2.1.1 of the Circular where the outstanding conditions precedent to the Activo Transaction were noted. Shareholders are advised that since the distribution of the Circular the following condition precedent has been fulfilled: • The requisite Shareholder approval. Shareholders will be informed in due course regarding the fulfillment or waiver of the remaining condition precedent, being necessary approval from the South African competition authorities. . Johannesburg 10 January 2019 Sponsor Sasfin Capital (a member of the Sasfin Group) Date: 10/01/2019 03:59:00 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.