Amendment Of Resolution At The General Meeting Of Shareholders City Lodge Hotels Limited (Incorporated in the Republic of South Africa) (Reg. No. 1986/002864/06) Share Code: CLH ISIN Code: ZAE000117792 (“City Lodge” or the “Company” or the “Group”) AMENDMENT OF RESOLUTION AT THE GENERAL MEETING OF SHAREHOLDERS Reference is made to the circular distributed to shareholders of City Lodge (“Shareholders”) on Monday, 22 June 2020 (“the Circular”) and the Company’s notice to convene the General Meeting on Tuesday, 21 July 2020 (“the General Meeting”) at which Shareholders will be requested to consider and if deemed fit, pass the ordinary and special resolutions set out in the notice of the General Meeting. Capitalised terms used in this announcement bear the same meaning as the capitalised and defined terms used in the Circular. Following discussions with various Shareholders and after consulting with its advisors, the Company has decided to remove the inter-conditionality of Special Resolution 5 (relating purely to the provision of Financial Assistance in relation to the Collateral Deposit) from the remaining resolutions which are those that pertain directly to the Rights Offer. The existing inter-conditionality, coupled with the difference in treatment of voting on Special Resolution 5 from that of the remaining resolutions, results in not all Shareholders being able to vote equitably on the primary decision to support the Company’s intended recapitalisation through the ZAR1.2bn Rights Offer. The removal of the inter- conditionality, with Special Resolution 5 now being a de-linked and distinct resolution, will ensure that this will now be the case. Shareholders are reminded that all other agenda items for the General Meeting remain unchanged and are advised that any proxy votes already submitted will remain valid with regard to all resolutions upon which votes have been cast. Johannesburg 20 July 2020 Financial Advisor, Bookrunner and Transaction South African Legal Advisor to City Lodge Sponsor to City Lodge The Standard Bank of South Africa Limited Edward Nathan Sonnenbergs Inc. Legal Advisor to Standard Bank International Legal Advisor to City Lodge Allen & Overy Shearman & Sterling (London) LLP Independent Corporate Advisor to the Independent Transfer Secretaries Board of City Lodge Computershare Investor Services Proprietary Limited Questco 1 Date: 20-07-2020 02:20:00 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.