Results of Annual General Meeting Conduit Capital Limited Incorporated in the Republic of South Africa (Registration number 1998/017351/06) Share code: CND ISIN: ZAE000073128 (“Conduit Capital” or “the Company” or “the Group”) RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that, at the annual general meeting of Conduit Capital held today, 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 338 752 324, representing 63% of the total issued share capital of the same class of Conduit Capital shares. The resolutions proposed at the annual general meeting, as well as the percentage of votes carried for and against each resolution, together with the percentage of shares abstained, are set out in the table below: % of votes % of votes carried for the against the % of shares Resolution resolution resolution abstained To receive, consider and adopt the annual financial statements of the Company and Group for the financial year ended 30 June 2017 100.00 - 0.2178 To confirm the appointment as director of Mr Leo C. H. Chou 100.00 - 0.0374 To confirm the appointment as director of Mr Adrian Maizey 100.00 - 0.2178 To confirm the appointment as director of Mr William N. Thorndike Jr. 100.00 - 0.0374 To approve the appointment of Mr Jabulani Mahlangu as member and Chairman of the Audit Committee 100.00 - 0.2178 To approve the appointment of Mr Ronald Napier as member of the Audit Committee 99.9896 0.0104 0.2178 To approve the appointment of Ms Rosetta Xaba as member of the Audit Committee 100.00 - 0.2178 To confirm the re-appointment of Grant Thornton as auditors of the Company, together with Ms Serena Ho being the individual registered auditor for the ensuing financial year 100.00 - 0.2178 Ordinary resolution number 1: Advisory endorsement of the remuneration policy 99.9998 0.0002 0.2176 Ordinary resolution number 2: Advisory endorsement of the implementation report 100.00 - 0.2178 Ordinary resolution number 3: Control of authorised but unissued ordinary shares 100.00 - 0.2178 Ordinary resolution number 4: General issue of shares for cash 99.7112 0.2888 0.0374 Special resolution number 1: General approval to acquire shares 100.00 - 0.0374 Special resolution number 2: Loans or other financial assistance to subsidiaries and other related or inter- related companies 100.00 - 0.2195 Special resolution number 3: Approval of the non- executive directors’ remuneration 99.9980 0.0020 0.2194 Ordinary resolution number 5: Signature of documents 100.00 - 0.2178 Johannesburg 17 November 2017 Sponsor Merchantec Capital Date: 17/11/2017 05:15:00 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.