SAFARI INVESTMENTS (RSA) LIMITED - Results of the annual general meeting

Results of the annual general meeting

SAFARI INVESTMENTS RSA LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2000/015002/06)
Approved as a REIT by the JSE Limited
Share code: SAR
ISIN: ZAE000188280
("Safari" or "the Company")


RESULTS OF THE ANNUAL GENERAL MEETING


Shareholders are hereby advised that the annual general meeting of the Company ("AGM")
was held at 15:30 yesterday, 18 November 2025, via electronic communication.

Shareholders are further advised that at the AGM, all the resolutions were passed by the
requisite majorities of the Company's shareholders.

Details of the results of the voting at the AGM are as follows:

 Resolutions             Shares           Shares         Votes for    Votes        Shares
 proposed at the         voted at         voted (%) 1    resolution   against      abstained
 AGM                     AGM                             (%) 2        resolution   (%)1
                         (number)                                     (%) 2

 Ordinary resolution     206 424 335      80.74%         99.99%       0.01%        0.00%
 number 1:
 Appointment of
 director, Mr CR
 Dormehl

 Ordinary resolution     206 424 335      80.74%         99.99%       0.01%        0.00%
 number 2:
 Appointment of
 director, Mr WJ
 Lategan

 Ordinary resolution     206 424 335      80.74%         99.99%       0.01%        0.00%
 number 3: Re-
 election of director,
 Mr GJ Heron

 Ordinary resolution     206 424 335      80.74%         99.99%       0.01%        0.00%
 number 4: Re-
 election of director,
 Dr PA Pienaar

 Ordinary resolution     206 424 335      80.74%         99.99%       0.01%        0.00%
 number 5:
 Reappointment of
 independent external
 auditor, BDO South
 Africa Incorporated

 Ordinary resolution     206 424 335      80.74%         99.99%       0.01%        0.00%
 number 6: Re-
 appointment of Audit
 and Risk Committee
 Member and
 Chairperson, Dr MT
 Matshoba-
 Ramuedzisi

 Ordinary resolution     206 424 335      80.74%         99.99%       0.01%        0.00%
 number 7: Re-
 appointment of Audit
 and Risk Committee
 Member, Mr GJ
 Heron

 Ordinary resolution     206 424 335      80.74%         99.99%       0.01%        0.00%
 number 8: Re-
 appointment of Audit
 and Risk Committee
 Member, Dr PA
 Pienaar

 Ordinary resolution     206 424 335      80.74%         99.99%       0.01%        0.00%
 number 9:
 Appointment of
 Social and Ethics
 Committee Member
 and Chairperson, Dr
 PA Pienaar

 Ordinary resolution     206 424 335      80.74%         99.99%       0.01%        0.00%
 number 10:
 Appointment of
 Social and Ethics
 Committee Member,
 Dr MT Matshoba-
 Ramuedzisi

 Ordinary resolution     206 424 335      80.74%         99.99%       0.01%        0.00%
 number 11:
 Appointment of
 Social and Ethics
 Committee Member,
 Mr MC Basson

 Ordinary resolution     206 424 335      80.74%         99.99%       0.01%        0.00%
 number 12: Place
 the authorised but
 unissued ordinary
 shares under the
 control of the
 Directors

 Ordinary resolution     206 424 335      80.74%         99.99%       0.01%        0.00%
 number 13: Non-
 binding advisory vote
 on the Company's
 Remuneration Policy

 Ordinary resolution     206 424 335      80.74%         99.99%       0.01%        0.00%
 number 14: Non-
 binding advisory vote
 on the Company's
 Implementation
 Report with regard to
 its Remuneration
 Policy

 Ordinary resolution     206 424 335      80.74%         97.50%       2.50%        0.00%
 number 15: General
 authority to issue
 authorised but
 unissued ordinary
 shares for cash

 Special resolution      206 424 335      80.74%         99.99%       0.01%        0.00%
 number 1: Approval
 of Non-executive
 Directors'
 remuneration

 Special resolution      206 424 335      80.74%         99.99%       0.01%        0.00%
 number 2: General
 authority to
 repurchase shares

 Special resolution      206 424 335      80.74%         99.99%       0.01%        0.00%
 number 3: Financial
 assistance for the
 subscription and/or
 purchase of shares in
 the Company or a
 related or inter-
 related company in
 terms of Section 44
 of the Companies Act

 Special resolution      206 424 335      80.74%         99.99%        0.01%       0.00%
 number 4: 
 Amendment of clause
 19.15 of the
 Memorandum of
 Incorporation
 
 Special resolution      206 424 335      80.74%         99.99%         0.01%      0.00%
 number 5:
 Amendment of clause
 41.2 of the
 Memorandum of
 Incorporation

 Notes:
 1. As a percentage of the total number of shares in issue as at the date of the AGM (excluding
    treasury shares).
 2. As a percentage of the total number of shares voted at the AGM.
 3. The total number of shares in issue as at the date of the AGM was 257 826 016 ordinary
    shares, of which 2 155 151 were treasury shares. Accordingly, the total votable shares
    were 255 670 865 ordinary shares.
 4. No resolutions were added or amended at the AGM.


19 November 2025
Pretoria

Sponsor
Valeo Capital (Pty) Limited

Date: 19-11-2025 09:15:00
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