Results of the Annual General Meeting of Shareholders Libstar Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2014/032444/06) JSE share code: LBR ISIN: ZAE000250239 (“Libstar” or the "Company") RESULTS OF THE ANNUAL GENERAL MEETING OF SHAREHOLDERS Libstar shareholders are advised that the annual general meeting of the Company was held at 10h00 on Monday, 20 May 2019 (“Annual General Meeting”). As at Friday, 10 May 2019, being the Annual General Meeting Record Date (“Voting Record Date”), the total number of Libstar ordinary shares in issue (“Libstar Issued Ordinary Shares”) was 681 921 408. The Libstar Issued Ordinary Shares eligible to vote by being present in person or by submitting proxies was 524 488 592, being 77% of the Libstar Issued Ordinary Shares. The audited annual financial statements of the Libstar group and the reports of the board of directors of the Company, the Audit and Risk Committee and the Social and Ethics Committee for the financial year ended 31 December 2018 were presented to the shareholders. The voting results were as follows: 1. Ordinary Resolution Number 1 – Re-election of Wahid Suleiman Hamid as a director Shares Total Shares voted abstained For (%) Against (%) Number %(1) %(1) 95,59 4,41 521,284,332 76,44 0,47 2. Ordinary Resolution Number 2 – Re-election of Sandeep Khanna as a director Shares Total Shares voted abstained For (%) Against (%) Number %(1) %(1) 96,11 3,89 521,284,332 76,44 0,47 3. Ordinary Resolution Number 3 – Re-election of Johannes Petrus Landman as a director Shares Total Shares voted abstained For (%) Against (%) Number %(1) %(1) 99,99 0,00044 521,284,332 76,44 0,47 4. Ordinary Resolution Number 4 – Election of Sibongile Masinga as a director Shares Total Shares voted abstained For (%) Against (%) Number %(1) %(1) 99,99 0,00285 519,019,335 76,11 0,80 5. Ordinary Resolution Number 5 – Re-appointment of Moore Stephens Cape Town Incorporated as auditors, and the individual designated audit partner Shares Total Shares voted abstained For (%) Against (%) Number %(1) %(1) 99,77 0,226 524,470,405 76,91 0,00267 6. Ordinary Resolution Number 6 – Appointment of Sibongile Masinga as a member and chairperson of the Audit and Risk Committee Shares Total Shares voted abstained For (%) Against (%) Number %(1) %(1) 99,91 0,09317 518,417,941 76,02 0,89 7. Ordinary Resolution Number 7 – Re-appointment of Sandeep Khanna to the Audit and Risk Committee Shares Total Shares voted abstained For (%) Against (%) Number %(1) %(1) 92,40 7,60 521,284,332 76,44 0,47 8. Ordinary Resolution Number 8 – Re-appointment of Johannes Petrus Landman to the Audit and Risk Committee Shares Total Shares voted abstained For (%) Against (%) Number %(1) %(1) 99,91 0,09045 520,232,623 76,289 0,624 9. Ordinary Resolution Number 9 – Adoption of the Libstar Group Share Plan Shares Total Shares voted abstained For (%) Against (%) Number %(1) %(1) 80,90 19,10 516,484,209 75,74 1,174 10. Ordinary Resolution Number 10 – Non-binding advisory vote with respect to the Remuneration Policy Shares Total Shares voted abstained For (%) Against (%) Number %(1) %(1) 74,89 25,11 519,013,794 76,11 0,80 As the non-binding advisory endorsement approving Libstar’s Remuneration Policy has been voted against by shareholders exercising just over 25% of the voting rights exercised on this resolution, Libstar extends an invitation to dissenting shareholders to engage with the Company by forwarding their concerns/questions to Solach Pather on email compsecretary@libstar.co.za by close of business on 31 May 2019. 11. Ordinary Resolution Number 11 – Non-binding advisory vote with respect to the Implementation Report in respect of the Remuneration Policy Shares Total Shares voted abstained For (%) Against (%) Number %(1) %(1) 76,80% 23,20 519,013,794 76,11 0,80 12. Ordinary Resolution Number 12 – General authority to issue shares in the Company for cash Shares Total Shares voted abstained For (%) Against (%) Number %(1) %(1) 67,51% 32,49% 524,466,155 76,91 0,00329 The Company notes the votes against the general authority and commits to consult with shareholders to identify and address their concerns. 13. Ordinary Resolution Number 13 – General authorisation Shares Total Shares voted abstained For (%) Against (%) Number %(1) %(1) 99,04 0,96 467,835,482 68,61 8,308 14. Special Resolution Number 1 – Financial assistance to staff and executives of the Libstar Group to acquire securities in the Company pursuant to the Libstar Group Share Plan Shares Total Shares voted abstained For (%) Against (%) Number %(1) %(1) 78,41 21,59 519,675,573 76,21 0,71 15. Special Resolution Number 2 – Approval to issue shares in terms of section 41(1) of the Companies Act Shares Total Shares voted abstained For (%) Against (%) Number %(1) %(1) 74,93 25,07 519,014,044 76,11 0,80 The Company notes the votes against the policy and commits to consult with shareholders to identify and address their concerns. 16. Special Resolution Number 3 – General authority to repurchase shares Shares Total Shares voted abstained For (%) Against (%) Number %(1) %(1) 85,89 14,11 524,466,399 76,91 0,00325 17. Special Resolution Number 4 – Financial assistance for related or inter-related companies or corporations, their members and other related persons Shares Total Shares voted abstained For (%) Against (%) Number %(1) %(1) 87,39 12,61 470,571,176 69,01 7,91 (1) Expressed as a percentage of 681,921,408 Libstar ordinary shares in issue as at the Voting Record Date of Friday, 10 May 2019. Johannesburg 21 May 2019 Sponsor The Standard Bank of South Africa Limited Date: 21/05/2019 03:30:00 Supplied by www.sharenet.co.za 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.