Results Of The Annual General Meeting Of The Company RH Bophelo Limited (Previously Newshelf 1388 Proprietary Limited) Incorporated in the Republic of South Africa (Registration number: 2016/533398/06) JSE share code: RHB, ISIN: ZAE000244737 (“RH Bophelo” or “the Company”) RESULTS OF THE ANNUAL GENERAL MEETING OF THE COMPANY Shareholders are advised that at the Annual General Meeting (“AGM”) of RH Bophelo shareholders held today on Monday, 30 July 2018, all resolutions required to be passed in order to approve the proposed resolutions were passed by the requisite majority of shareholders, with the exception of ordinary resolution number 15 relating to the non-binding endorsement of RH Bophelo’s remuneration policy. Details of the results of the AGM are as follows: - total number of shares in issue (excluding treasury shares) that could have been voted at the AGM: 51,250,000; and - total number of shares present in person or by proxy was 49,911,660, representing 97.39% of the total shares in issue that could have been voted. Number of % of For Against Abstained, in relation to shares voted total total shares in issue Resolution proposed shares voted Shares % Shares % Shares % Ordinary resolution number 1: 49 910 960 97.39% 49 910 960 100% - 0% 700 0% Approval of financial statements Ordinary resolution number 2: 49 910 960 97.39% 49 910 960 100% - 0% 700 0% Re-election of Peter Mehlape as director Ordinary resolution number 3: 49 910 960 97.39% 49 910 960 100% - 0% 700 0% Re-election of Dion Mhlaba as director Ordinary resolution number 4: 49 910 960 97.39% 49 910 960 100% - 0% 700 0% Re-election of Solly Motuba as director Ordinary resolution number 5: 49 910 960 97.39% 49 910 960 100% - 0% 700 0% Re-election of Vuyokazi Nomvalo as director Ordinary resolution number 6: 49 910 960 97.39% 49 910 960 100% - 0% 700 0% Re-election of Kgaogelo Ntshwana as director Ordinary resolution number 7: 49 910 960 97.39% 49 910 960 100% - 0% 700 0% Re-election of John Oliphant as director Ordinary resolution number 8: 49 910 960 97.39% 49 910 960 100% - 0% 700 0% Re-election of David Sekete as director Ordinary resolution number 9: 49 910 960 97.39% 49 910 960 100% - 0% 700 0% Re-election of Londeka Shezi as director Ordinary resolution number 10: 49 910 960 97.39% 49 910 960 100% - 0% 700 0% Re-election of Quinton Zunga as director Ordinary resolution number 11: 49 910 960 97.39% 49 910 960 100% - 0% 700 0% Re-appointment of Londeka Shezi as member of the Audit and Risk Committee Ordinary resolution number 12: 49 910 960 97.39% 49 910 960 100% - 0% 700 0% Re-appointment of Kgaogelo Ntshwana as member of the Audit and Risk Committee Ordinary resolution number 13: 49 910 960 97.39% 49 910 960 100% - 0% 700 0% Re-appointment of Solly Motuba as member of the Audit and Risk Committee Ordinary resolution number 14: 49 908 960 97.38% 49 908 960 100% - 0% 2 700 0% Re-appointment of Deloitte & Touche as auditors Ordinary resolution number 15: 49 910 960 97.39% 6 780 601 13.59% 43 130 359 *86.41 700 0% Non-Binding endorsement of RH % Bophelo Limited’s remuneration policy Ordinary resolution number 16: 45 857 519 89.48% 42 427 160 92.52% 3 430 359 7.48% 4 054 141 7.91% Unissued shares under the control of the directors. 5% approved as per amended resolution Ordinary resolution number 17: 45 857 519 89.48% 42 427 160 92.52% 3 430 359 7.48% 4 054 141 7.91% General authority to issue shares for cash 5% approved as per amended resolution Special resolution number 1: 49 910 960 97.39% 49 910 960 100% - 0% 700 0% Remuneration of non-executive directors Special resolution number 2: 45 857 519 89.48% 45 857 519 100% - 0% 4 054 141 7.91% Inter-company financial assistance Special resolution number 3: 45 857 519 89.48% 45 857 519 100% - 0% 4 054 141 7.91% Financial assistance for the subscription/or acquisition of shares in the Company or a related or inter-related company Ordinary resolution number 18: 49 910 960 97.39% 49 910 960 100% - 0% 700 0% Authority for directors or company secretary to implement resolutions *RH Bophelo hereby informs Shareholders that the Company does not have any employees. The Company has entered into a management agreement with RH Bophelo Management Company (Pty) Ltd (“ManCo”), whereby the ManCo undertakes the recruitment of employees. RH Bophelo’s remuneration policy has been developed to guide the ManCo within the principles of the remuneration policy. As required in terms of the King IV Report on Corporate Governance for South Africa and paragraph 3.84(k) of the JSE Limited Listings Requirements, RH Bophelo invites those Shareholders who voted against ordinary resolution number 15 (“Dissenting Shareholders”) to engage with the Company regarding their views on RH Bophelo’s remuneration policy. Dissenting Shareholders may forward their concerns / questions regarding RH Bophelo’s remuneration policy to Mr Dion Mhlaba, the financial director via email at dion@rhbophelo.co.za by 10am on Tuesday, 7 August 2018. Following receipt of written communication by the financial director, such Dissenting Shareholders will be invited to attend a meeting with the Chairperson of the Remuneration Committee, Dr Kgaogelo Ntshwana, at 10am on Wednesday, 8 August 2018 (“Meeting”), to discuss the concerns / questions raised. The venue of the Meeting will be communicated to Dissenting Shareholders who have forwarded their concerns / questions to the financial director. Johannesburg 30 July 2018 Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited Date: 30/07/2018 03:32:00 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. 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