Report on General Meeting proceedings Blue Label Telecoms Limited (Incorporated in the Republic of South Africa) (Registration number 2006/022679/06) JSE Share code: BLU ISIN: ZAE000109088 (“Blue Label” or “the Company”) REPORT ON GENERAL MEETING PROCEEDINGS Blue Label shareholders are advised that at the General Meeting (“GM”) of members held on Wednesday, 04 December 2019, all the ordinary resolutions as proposed in the Notice of the General Meeting were approved by the requisite majority of members. In this regard, Blue Label confirms the voting results at the GM as follows: Total number of shares that can be exercised at the meeting 100% 913 655 873 Total number of shares present/represented including proxies at the meeting as % of voteable shares 74% 680 076 469 Total number of shares present/represented including proxies at the meeting as % of issued shares 74% 680 076 469 Total number of members present in person 61 Issued Shares 100% 913 655 873 (1) Disclosed as a percentage of the voteable shares (2) Disclosed as a percentage of the total issued capital Ordinary Resolution Number 1: Approval of the VAS Operations Transaction For Against Abstain Shares voted 679 932 016 22 795 121 658 679 954 811 100,00% 0,00% 0,01% (1) 74,42% 0,01% (2) 74,42% Ordinary Resolution Number 2: Approval of the 3G Distribution Transaction For Against Abstain Shares voted 679 932 016 22 795 121 658 679 954 811 100,00% 0,00% 0,01% (1) 74,42% 0,01% (2) 74,42% Ordinary Resolution Number 3: Directors’ authority For Against Abstain Shares voted 679 931 932 22 879 121 658 679 954 811 100,00% 0,00% 0,01% (1) 74,42% 0,01% (2) 74,42% Sandton 04 December 2019 Sponsor Investec Bank Limited Date: 04-12-2019 11:08:00 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.