Results of Annual General Meeting M FiTEC International Limited Incorporated in the Republic of South Africa (Registration number 2015/294800/06) Share code: MFI ISIN: ZAE000209607 (“M-FiTEC” or “the Company”) RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that, at the annual general meeting of M-FiTEC held on Friday, 21 July 2017, all the resolutions as set out in the notice of annual general meeting, were passed by the requisite majority of shareholders. The number of shares voted in person or by proxy was 3 531 218, representing 46.35% of the total issued share capital of the same class of M-FiTEC shares. The resolutions proposed at the annual general meeting, together with the percentage of shares abstained, as well as the percentage of votes carried for and against each resolution, are set out below: % of votes % of votes % of votes carried for the against the abstained Resolution resolution resolution Ordinary resolution number 1 To receive, consider and adopt the annual financial statements of the Company for the period ended 28 February 2017 100% - - Ordinary resolution number 2 To approve the re-election as director of Mr Colin Rezek who retires by rotation 100% - - Ordinary resolution number 3 To approve the re-election as director of Mr Andrew Springate who retires by rotation 99.85% 0.15% 5.66% Ordinary resolution number 4 To approve the re-election as director of Mr Richard Came who retires by rotation 100% - - Ordinary resolution number 5: Appointment of the Chairman and members of the Audit and Risk Committee 5.1 Appointment of Mr Christopher Lister James as Chairman and a member of the Audit and Risk Committee 100% - - 5.2 Appointment of Mr Shabir Munshi as a member of the Audit and Risk Committee 100% - - 5.3 Appointment of Mr Andrew Springate as a member of the Audit and Risk Committee 99.85% 0.15% 5.66% Ordinary resolution number 6 To confirm the appointment of Grant Thornton as auditors of the Company, together with Mohamed Zakaria Sadek, for the ensuing financial year 100% - - Ordinary resolution number 7 Signature of documents 100% - - Johannesburg 24 July 2017 Designated Adviser Merchantec Capital Date: 24/07/2017 09:00:00 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.