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 results of the voting at the annual general meeting of the Company held 14h00 yesterday, 31 July 2018, at Menlyn Boutique Hotel, 209 Tugela Road, Ashlea Gardens, Pretoria (“AGM”), are as follows: Votes Votes for against resolution resolution as a as a Number of Number of percentage percentage shares shares of total of total voted at abstained number of number of Number of AGM as a as a Resolutions shares shares shares percentage percentage proposed at the voted at voted at voted at of shares in of shares in AGM AGM AGM AGM issue issue Ordinary resolution number 1: Re- election of Mr AE Wentzel 100% 0% 232 736 676 74.79% 0.58% Ordinary resolution number 2: Re- election of Dr M Minnaar 98.64% 1.36% 232 736 676 74.79% 0.58% Ordinary resolution number 3: Mr CR Roberts’s appointment as director 100% 0% 232 736 676 74.79% 0.58% Ordinary resolution number 4: Mr DC Engelbrecht’s appointment as director 100% 0% 232 736 676 74.79% 0.58% Ordinary resolution number 5: Ms LL Letlape’s appointment as director 100% 0% 232 736 676 74.79% 0.58% Ordinary resolution number 6: 98.64% 1.36% 232 736 676 74.79% 0.58% Reappointment of independent external auditor: Deloitte & Touche Ordinary resolution number 7: Ms FN Khanyile, being eligible, be and is hereby reappointed as a member of the audit and risk committee 100% 0 218 504 126 70.22% 0.58% Ordinary resolution number 8: Dr M Minnaar, being eligible, be and is hereby reappointed as a member of the audit and risk committee 98.64% 1.36% 232 736 676 74.79% 0.58% Ordinary resolution number 9: Mr AE Wentzel, reappointed as a member and chairman of the audit and risk committee 100% 0% 232 736 676 74.79% 0.58% Ordinary resolution number 10: Place the unissued ordinary shares under the control of the directors 77.49% 22.51% 232 736 676 74.79% 0.58% Ordinary resolution number 11: Non- binding advisory vote on the company’s remuneration policy 96.86% 3.14% 232 736 676 74.79% 0.58% Ordinary resolution number 12: Non- binding advisory vote on the company’s implementation report 96.86% 3.14% 232 736 676 74.79% 0.58% Ordinary resolution number 13: General authority to 77.49% 22.51% 232 736 676 74.79% 0.58% issue ordinary shares for cash Special resolution number 1: Approval of non-executive and executive directors remuneration 100% 0% 232 736 676 74.79% 0.58% Special resolution number 2: Approval of financial assistance in terms of section 45 of the Companies Act 71 of 2008: Inter- company financial assistance 100% 0% 232 736 676 74.79% 0.58% Special resolution number 3: Approval of financial assistance in terms of section 44 of the Companies Act 71 of 2008: Financial assistance for the subscription and/or purchase of shares in the company or a related company 100% 0% 232 736 676 74.79% 0.58% Pretoria 1 August 2018 Sponsor PSG Capital Date: 01/08/2018 10:39:00 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.