Results of Annual General Meeting (AGM) MMI HOLDINGS LIMITED (Incorporated in the Republic of South Africa) Registration number: 2000/031756/06 ISIN Code: ZAE000149902 JSE Share Code: MMI NSX Share Code: MIM (“MMI” or “Company”) Results of Annual General Meeting (AGM) MMI advises its shareholders that all the ordinary and special resolutions proposed in the notice of the AGM dated 5 September 2017 and tabled at the Company’s AGM held on Friday, 24 November 2017, were passed by the requisite majority of votes cast by shareholders. The voting details with respect to the proposed resolutions were as follows: Resolutions proposed Number of Percentage Percentage Percentage Percentage shares voted shares For Against Abstained* (excluding voted* abstentions) (excluding abstentions) Ordinary Resolution 1: Election of 1 412 252 968 88.04% 100.00% 0.00% 0.02% Prof. SC Jurisich Ordinary Resolution 2.1: Re-election 1 412 256 098 88.04% 99.63% 0.37% 0.02% of directors – Mrs F Jakoet Ordinary Resolution 2.2: Re-election 1 412 152 930 88.03% 99.63% 0.37% 0.02% of directors – Mr MJN Njeke Ordinary Resolution 2.3: Re-election 1 412 256 098 88.04% 99.88% 0.12% 0.02% of directors – Prof JD Krige Ordinary Resolution 2.4: Re-election 1 412 255 968 88.03% 99.95% 0.05% 0.02% of directors – Mr V Nkonyeni Ordinary Resolution 3: Re- appointment of PricewaterhouseCoopers as external Auditors, with Mr Andrew Graham Taylor as the designated audit 1 412 257 408 88.04% 90.81% 9.19% 0.02% partner Ordinary Resolution 4.1: Appointment of audit committee member – Mr FJC 1 412 256 098 88.04% 99.94% 0.06% 0.02% Truter Ordinary Resolution 4.2: Appointment of audit committee member – Mr SA 1 412 256 098 88.04% 99.32% 0.68% 0.02% Muller Ordinary Resolution 4.3: Appointment of audit committee member – Mrs F 1 412 256 098 88.04% 99.38% 0.62% 0.02% Jakoet Ordinary Resolution 4.4: Appointment of audit committee member – Mr LL 1 412 256 098 88.04% 99.94% 0.06% 0.02% von Zeuner Ordinary Resolution 5: Passing of non-binding advisory cote on MMI 1 412 244 328 88.04% 67.51% 32.49% 0.02% remuneration policy Ordinary Resolution 6: Implementation of ordinary and 1 412 254 408 88.04% 100.00% 0.00% 0.02% special resolutions Special Resolution 1.1: Non- 1 412 244 198 88.04% 97.49% 2.51% 0.02% executive directors’ fees Special Resolution 1.2: Chairman and Deputy Chairman fees from 1 1 412 244 328 88.04% 97.30% 2.70% 0.02% September 2017– Special Resolution 2 – Approval to provide Financial Assistance in terms of section 44 of the Companies 83.54% 16.46% 0.02% Act 1 412 252 968 88.04% Special Resolution 3 – Approval to provide Financial Assistance in terms of section 45 of the Companies 1 412 251 173 88.04% 99.75% 0.25% 0.02% Act Special Resolution 4 – General authority to repurchase company 1 411 850 359 88.01% 97.28% 2.72% 0.04% shares * Based on 1,604,184,839 being the total number of MMI ordinary and preference shares with voting rights in issue. In view of the 67.51% vote by MMI shareholders in respect of Ordinary resolution 5, MMI invites those shareholders who voted against the remuneration policy (“dissenting shareholders”) to engage with the Company as follows: 1. a telephone conference has been arranged for Monday, 4 December 2017 from 09:00 – 10:00 (SA time); 2. all dissenting shareholders should confirm their participation with the company secretary at e-mail: maliga.chetty@mmiholdings.co.za by no later than close of business on Thursday, 30 November 2017. Dial-in details for the telephone conference will then be provided; and 3. dissenting shareholders are further invited to forward their written concerns/questions on the remuneration policy to the company secretary by close of business on Thursday, 30 November 2017. By order of the Board Centurion 27 November 2017 Sponsor: Merrill Lynch South Africa (Pty) Limited Date: 27/11/2017 11:45:00 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.