Results of annual general meeting and notice to shareholders in terms of section 45 of the Companies Act Stefanutti Stocks Holdings Limited (Registration number 1996/003767/06) Share code: SSK ISIN: ZAE000123766 (“Stefanutti Stocks” or “the Company”) RESULTS OF ANNUAL GENERAL MEETING AND NOTICE TO SHAREHOLDERS IN TERMS OF SECTION 45 OF THE COMPANIES ACT RESULTS OF ANNUAL GENERAL MEETING Shareholders are notified that at the Company’s annual general meeting (“AGM”) held entirely by electronic communication on Friday, 9 October 2020, all the ordinary and special resolutions as set out in the notice of AGM, were approved by the requisite majority of shareholders. The number of Stefanutti Stocks ordinary shares represented at the AGM was 85 960 210, representing 46% of the total ordinary issued share capital of Stefanutti Stocks or 51% of the total voteable ordinary shares at the AGM. The results of the resolutions proposed at the AGM, namely in favour (as a percentage of shares voted), against (as a percentage of shares voted) and abstain (as a percentage of total issued share capital), and shares voted (as a percentage of total issued share capital of the Company) are as follows: Ordinary resolution number 1 – To adopt the annual financial statements of the company for the year ended 29 February 2020, including the directors’ report and the report of the Audit, Governance and Risk Committee FOR AGAINST ABSTAIN SHARES VOTED 85 331 011 - 629 199 85 331 011 100.00% 0.00% 0.33% 45.37% Ordinary resolution number 2 – To re-elect HJ Craig as a director of the Company FOR AGAINST ABSTAIN SHARES VOTED 85 289 402 41 609 629 199 85 331 011 99.95% 0.05% 0.33% 45.37% Ordinary resolution number 3 – To re-elect B Harie as a director of the company FOR AGAINST ABSTAIN SHARES VOTED 85 289 402 41 609 629 199 85 331 011 99.95% 0.05% 0.33% 45.37% Ordinary resolution number 4 – To confirm the appointment of RW Crawford as a director of the company FOR AGAINST ABSTAIN SHARES VOTED 85 289 402 41 609 629 199 85 331 011 99.95% 0.05% 0.33% 45.37% Ordinary resolution number 5 – To re-appoint the auditors FOR AGAINST ABSTAIN SHARES VOTED 85 289 399 41 612 629 199 85 331 011 99.95% 0.05% 0.33% 45.37% Ordinary resolution number 6 – To appoint DG Quinn as a member of the Audit, Governance and Risk Committee FOR AGAINST ABSTAIN SHARES VOTED 85 306 011 25 000 629 199 85 331 011 99.97% 0.03% 0.33% 45.37% Ordinary resolution number 7 – To appoint B Harie as a member of the Audit, Governance and Risk Committee FOR AGAINST ABSTAIN SHARES VOTED 85 306 011 25 000 629 199 85 331 011 99.97% 0.03% 0.33% 45.37% Ordinary resolution number 8 – To appoint BP Silwanyana as a member of the Audit, Governance and Risk Committee FOR AGAINST ABSTAIN SHARES VOTED 85 306 011 25 000 629 199 85 331 011 99.97% 0.03% 0.33% 45.37% Ordinary resolution number 9 – To appoint JM Poluta as a member of the Audit, Governance and Risk Committee FOR AGAINST ABSTAIN SHARES VOTED 85 306 011 25 000 629 199 85 331 011 99.97% 0.03% 0.33% 45.37% Ordinary resolution number 10 – To approve the Company’s remuneration policy FOR AGAINST ABSTAIN SHARES VOTED 85 111 498 219 013 629 699 85 330 511 99.74% 0.26% 0.33% 45.37% Ordinary resolution number 11 – To approve the Company’s remuneration implementation report FOR AGAINST ABSTAIN SHARES VOTED 85 164 899 165 612 629 699 85 330 511 99.81% 0.19% 0.33% 45.37% Special resolution number 1.1 – Approval of non-executive directors fees – Board Chairman FOR AGAINST ABSTAIN SHARES VOTED 85 031 685 305 502 623 023 85 337 187 99.64% 0.36% 0.33% 45.37% Special resolution number 1.2 – Approval of non-executive directors fees – Board Member FOR AGAINST ABSTAIN SHARES VOTED 85 031 685 305 502 623 023 85 337 187 99.64% 0.36% 0.33% 45.37% Special resolution number 1.3 – Approval of non-executive directors fees – Audit, Governance and Risk Committee Chairman FOR AGAINST ABSTAIN SHARES VOTED 85 031 685 305 502 623 023 85 337 187 99.64% 0.36% 0.33% 45.37% Special resolution number 1.4 – Approval of non-executive directors fees – Audit, Governance and Risk Committee Member FOR AGAINST ABSTAIN SHARES VOTED 85 031 685 305 502 623 023 85 337 187 99.64% 0.36% 0.33% 45.37% Special resolution number 1.5 – Approval of non-executive directors fees – Remuneration and Nominations Committee Chairman FOR AGAINST ABSTAIN SHARES VOTED 85 031 685 305 502 623 023 85 337 187 99.64% 0.36% 0.33% 45.37% Special resolution number 1.6 – Approval of non-executive directors fees – Remuneration and Nominations Committee Member FOR AGAINST ABSTAIN SHARES VOTED 85 031 685 305 502 623 023 85 337 187 99.64% 0.36% 0.33% 45.37% Special resolution number 1.7 – Approval of non-executive directors fees – Social and Ethics Committee Chairman FOR AGAINST ABSTAIN SHARES VOTED 85 026 685 355 502 578 023 85 382 187 99.58% 0.42% 0.31% 45.40% Special resolution number 1.8 – Approval of non-executive directors fees – Social and Ethics Committee Member FOR AGAINST ABSTAIN SHARES VOTED 85 026 685 355 502 578 023 85 382 187 99.58% 0.42% 0.31% 45.40% Special resolution number 1.9 – Approval of non-executive directors fees – Chairman of any other committee to be formed FOR AGAINST ABSTAIN SHARES VOTED 85 031 685 305 502 623 023 85 337 187 99.64% 0.36% 0.33% 45.37% Special resolution number 1.10 – Approval of non-executive directors fees – Member of any other committee to be formed FOR AGAINST ABSTAIN SHARES VOTED 85 031 685 305 502 623 023 85 337 187 99.64% 0.36% 0.33% 45.37% Special resolution number 1.11 – Approval of non-executive directors fees – Hourly rate FOR AGAINST ABSTAIN SHARES VOTED 85 031 685 305 502 623 023 85 337 187 99.64% 0.36% 0.33% 45.37% Special resolution number 1.12 – Approval of non-executive directors fees – Specific project fees FOR AGAINST ABSTAIN SHARES VOTED 85 051 685 285 502 623 023 85 337 187 99.67% 0.33% 0.33% 45.37% Special resolution number 2 – To approve financial assistance FOR AGAINST ABSTAIN SHARES VOTED 85 167 610 158 401 634 199 85 326 011 99.81% 0.19% 0.34% 45.37% Special resolution number 3 – General authority to repurchase Company shares FOR AGAINST ABSTAIN SHARES VOTED 85 384 202 116 609 459 399 85 500 811 99.86% 0.14% 0.24% 45.46% NOTICE TO SHAREHOLDERS IN TERMS OF SECTION 45 OF THE COMPANIES ACT In respect of Special Resolution Number 2 (financial assistance), notice is hereby given in terms of Section 45(5) of the Companies Act No 71 of 2008 (the “Companies Act”), that, pursuant to the authority granted to the board of directors of the Company (“the Board”) by the shareholders in the annual general meeting held on 9 October 2020, the Board has adopted a resolution authorising the Company to provide financial assistance as contemplated in sections 44 and/or 45 of the Companies Act. Johannesburg 9 October 2020 Sponsor: Bridge Capital Advisors Proprietary Limited Date: 09-10-2020 04:15:00 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.