Results Of The Annual General Meeting Tiso Blackstar Group SE (Incorporated in England and Wales) (Company number SE 110) (registered as an external company with limited liability in the Republic of South Africa under registration number 2011/008274/10) Share code: TBG ISIN: GB00BF37LF46 (“the Company”) RESULTS OF THE ANNUAL GENERAL MEETING Shareholders are hereby advised that at the annual general meeting of the Company held at 10:00am GMT (12:00pm SAST) today, Wednesday, 11 December 2019 at Berkeley Square House, Berkeley Square, Mayfair, London W1J 6BD (“AGM”), all of the resolutions were passed by the requisite majorities of the Company’s shareholders save for special resolution number 11 which was withdrawn. Details of the results of the voting at the AGM are as follows: Votes Votes for against resolution resolution as a as a Number of Number of percentage percentage shares shares of total of total voted at abstained number of number of Number of AGM as a as a Resolutions shares shares shares percentage percentage proposed at the voted at voted at voted at of shares in of shares in AGM AGM AGM AGM issue issue Ordinary resolution 98.97% 1.03% 238 457 139 88.32% 0.00% number 1: To receive and consider the auditor’s report, the strategic report, the directors’ report and the Accounts for the financial year ended 30 June 2019 Ordinary resolution 75.17% 24.83% 238 456 684 88.32% 0.00% number 2: To approve the Directors’ Remuneration Report set out on pages 96 to 111 of the Integrated Annual Report for the financial year ended 30 June 2019. Ordinary resolution 74.42% 25.58% 238 456 684 88.32% 0.00% number 3: To re-elect Nkululeko Leonard Sowazi as a non-executive director. Ordinary resolution 74.42% 25.58% 238 456 684 88.32% 0.00% number 4: To re-elect David Kwame Tandoh Adomakoh as a non-executive director. Ordinary resolution 98.54% 1.46% 238 456 684 88.32% 0.00% number 5: To re-appoint Deloitte LLP and Deloitte & Touche (JSE purposes only) as the auditors of the Company. Ordinary resolution 100% 0.00% 238 457 139 88.32% 0.00% number 6: To authorise the Audit Committee to determine the remuneration of the auditors. Ordinary resolution 76.92% 23.08% 238 458 231 88.32% 0.00% number 7: To authorise the Company and all companies that are subsidiaries of the Company to make political donations or incur political expenditure up to £90,000 in aggregate. Ordinary resolution 73.64% 26.36% 238 458 231 88.32% 0.00% number 8: To give the Board power to allot shares in the Company and to allot any convertible securities, up to a nominal amount of €20,957,235 being one-tenth of the existing issued share capital. Ordinary resolution 75.17% 24.83% 238 458 231 88.32% 0.00% number 9: To endorse, by way of a non-binding advisory vote, the Company’s Remuneration Policy, as set out in the Directors’ Remuneration Report on pages 102 to 106 of the Integrated Annual Report. Ordinary resolution 75.17% 24.83% 238 457 139 88.32% 0.00% number 10: To endorse by way of a non-binding advisory vote, the Company’s implementation report in regard to the Remuneration Policy, as set out in the Directors’ Remuneration Report on pages 107 to 111 of the Integrated Annual Report. Special resolution 98.54% 1.46% 238 458 231 88.32% 0.00% number 12: To authorise the Company to make market purchases of its Ordinary Shares, to a maximum number of 27,575,309 Ordinary Shares. Special resolution 100% 0.00% 238 449 979 88.32% 0.00% number 13: To authorise the Company to reduce its share capital by cancelling and extinguishing €0.66 of the amount paid up or credited as paid up on each of the issued Ordinary Shares in the capital of the Company and reducing the nominal value of each issued Ordinary Share to €0.10. Note: Total number of shares in issue as at the date of the AGM net of treasury shares was 269 994 681. London 11 December 2019 Sponsor PSG Capital Date: 11-12-2019 02:15:00 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.