Results of annual general meeting SYGNIA LIMITED Incorporated in the Republic of South Africa Registration number 2007/025416/06 Share code on the JSE: SYG ISIN: ZAE000208815 (“Sygnia”) RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that the voting results for the annual general meeting of Sygnia (“the AGM”) held at the registered offices of the company on Wednesday, 16 January 2019, were as follows: Resolution Number of Percentage of For Against Abstained shares voted shares in ** % ** % *** % issue* % Ordinary resolution 1: 108 555 488 70.02 100.00 0.00 0.00 To appoint the auditor of the Company Ordinary resolution 2: 108 555 488 70.02 100.00 0.00 0.00 To elect the financial director of the Company Ordinary resolution 3.1: 108 553 794 70.02 97.52 2.48 0.00 To re-elect the non-executive directors – Mr K T Hopkins Ordinary resolution 3.2: 108 553 794 70.02 97.52 2.48 0.00 To re-elect the non-executive directors – Prof H Bhorat Ordinary resolution 4.1: 108 553 794 70.02 97.52 2.48 0.00 To elect the audit committee members – Mr K T Hopkins Ordinary resolution 4.2: 108 553 794 70.02 100.00 0.00 0.00 To elect the audit committee members – Mr I K Moyane Ordinary resolution 4.3: 108 553 794 70.02 97.52 2.48 0.00 To elect the audit committee members – Mr A Crawford-Brunt Ordinary Resolution 5: 108 555 488 70.02 91.31 8.69 0.00 To authorise the issue of ordinary shares for cash Ordinary Resolution 6: 107 829 337 69.55 91.93 8.07 0.47 Control of authorised but unissued shares Ordinary Resolution 7: 108 553 794 70.02 94.89 5.11 0.00 Non-binding advisory vote on the remuneration policy of Sygnia Ordinary Resolution 8: 108 553 794 70.02 94.89 5.11 0.00 Non-binding advisory vote on the implementation report of Sygnia Ordinary resolution 9: 106 651 345 68.79 97.48 2.52 1.23 To authorise directors and the company secretary to implement special and ordinary resolutions Special resolution 1: 107 377 496 69.26 96.82 3.18 0.76 To approve remuneration of non- executive directors Special resolution 2: 108 555 488 70.02 96.86 3.14 0.00 To authorise the repurchase of shares Special resolution 3: 107 831 031 69.56 97.50 2.50 0.47 To provide financial assistance to subsidiaries and related or inter- related companies Special resolution 4: 107 831 031 69.56 97.50 2.50 0.47 To provide financial assistance for the subscription or purchase of securities Special resolution 5: 107 829 337 69.55 97.51 2.49 0.47 To amend the memorandum of incorporation of the Company * Based on 155 029 587 shares in issue as at the date of the AGM. ** As a percentage of shares voted at the AGM. *** As a percentage of 155 029 587 shares in issue as at the date of the AGM. Based on the above voting results, all resolutions were passed by the requisite majority of Sygnia shareholders present in person or represented by proxy at the AGM. Cape Town 17 January 2019 Sponsor Nedbank Corporate and Investment Banking Date: 17/01/2019 09:00:00 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.