Results of General Meeting MONTAUK HOLDINGS LIMITED Registration number: 2010/017811/06 (Incorporated in the Republic of South Africa) JSE share code: MNK ISIN: ZAE000197455 (“Montauk” or the “Company”) RESULTS OF THE GENERAL MEETING Montauk Shareholders are advised that at the General Meeting (“GM”) of Montauk held on Wednesday, 4 December 2019, all the resolutions, as set out in the notice of GM and proposed at the meeting were passed, without modification, by the requisite majority of Montauk Shareholders. Number of votes (one vote per share) Votes for Votes against Number of Number of Number of resolution as resolution as shares shares voted shares voted Shares a percentage a percentage at GM at GM as a abstained as a of total of total percentage of percentage of number of number of votable total issued shares voted shares voted shares exercisable at GM at GM shares Special Resolution No 1: Amendment of the Memorandum of 99.73 % 0.27 % 84 919 641 61.53 % 0% Incorporation Ordinary Resolution No 1: Directors’ authority to implement company 99.73 % 0% 84 919 641 61.53 % 0% resolutions Note: Total number of shares in issue at the date of the general meeting was 138 005 009; and Total number of shares that can be exercised at the meeting was 138 005 009 for both resolutions. 4 December 2019 Cape Town Financial Adviser and Sponsor Investec Bank Limited Date: 04-12-2019 01:41:00 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.