Results of Annual General Meeting ORION REAL ESTATE LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1997/021085/06) Share Code: ORE ISIN: ZAE000075651 ("Orion" or “the Company”) RESULTS OF ANNUAL GENERAL MEETING (“AGM”) Shareholders are advised that, at the AGM of Orion ordinary shareholders held on 18 June 2019, as convened in terms of the notice of AGM incorporated in the Company's integrated annual report for the year ended 30 June 2018, all the resolutions proposed at the AGM were passed by the requisite number of shareholders. The following information is provided: Total number of issued listed ordinary shares 630 698 688 Total number of ordinary shares represented and eligible to vote at the AGM 596 968 861 Percentage of ordinary shares represented at the AGM 94.65% The resolutions proposed at the AGM, together with the percentage of votes carried for and against each resolution, are set out below: Total Abstain number of For Against (% of issued Resolution proposed votes cast (% of total (% of total share (excluding votes cast) votes cast) capital) abstentions) Ordinary Resolution Number 1 593 356 745 593 311 745 45 000 3 612 116 Auditors’ report (99.99%) (0.01%) (0.57%) Ordinary Resolution Number 2 593 356 745 593 311 745 45 000 3 612 116 Adoption of annual financial (99.99%) (0.01%) (0.57%) statements Ordinary Resolution Number 3 593 356 745 593 311 745 45 000 3 612 116 Re-appointment of director: Dr (99.99%) (0.01%) (0.57%) AC Gmeiner Ordinary Resolution Number 4 593 356 745 593 311 745 45 000 3 612 116 Re-appointment of director: (99.99%) (0.01%) (0.57%) Mr TFJ Oosthuizen Ordinary Resolution Number 5 593 356 745 593 311 745 45 000 3 612 116 Re-appointment of director: Mr (99.99%) (0.01%) (0.57%) RS Wilkinson Special Resolution Number 1 593 356 745 593 311 745 45 000 3 612 116 Remuneration of non- (99.99%) (0.01%) (0.57%) executive directors Special Resolution Number 2 593 356 745 593 311 745 45 000 3 612 116 Financial assistance in terms of (99.99%) (0.01%) (0.57%) section 45 of the Companies Act Ordinary Resolution Number 6 593 356 745 593 311 745 45 000 3 612 116 Appointment of auditor (99.99%) (0.01%) (0.57%) Ordinary Resolution Number 7 593 356 745 593 311 745 45 000 3 612 116 Appointment of member to (99.99%) (0.01%) (0.57%) the Audit & Risk Management Committee: Mr TFJ Oosthuizen Ordinary Resolution Number 8 593 356 745 593 311 745 45 000 3 612 116 Appointment of member to (99.99%) (0.01%) (0.57%) the Audit & Risk Management Committee: Mr MDK Mthembu Ordinary Resolution Number 9 593 356 745 593 311 745 45 000 3 612 116 Appointment of member to (99.99%) (0.01%) (0.57%) the Audit & Risk Management Committee: Mr RS Wilkinson Ordinary Resolution Number 10 593 356 745 593 311 745 45 000 3 612 116 Non-binding shareholders vote (99.99%) (0.01%) (0.57%) in favour of the Company’s remuneration policy Ordinary Resolution Number 11 593 356 745 593 311 745 45 000 3 612 116 Non-binding shareholders vote (99.99%) (0.01%) (0.57%) in favour of the implementation of the remuneration policy Ordinary Resolution Number 12 593 356 745 593 311 745 45 000 3 612 116 General authority to issue (99.99%) (0.01%) (0.57%) shares (not applicable to issues of shares for cash) Ordinary Resolution Number 13 593 356 745 593 311 745 45 000 3 612 116 General authority to allot and (99.99%) (0.01%) (0.57%) issue shares for cash Ordinary Resolution Number 14 593 356 745 593 311 745 45 000 3 612 116 Appointment of Mr AJ (99.99%) (0.01%) (0.57%) Ritzlmayr as Financial Director Johannesburg 19 June 2019 Sponsor Arbor Capital Sponsors Proprietary Limited Date: 19/06/2019 04:55:00 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.