Results of the Annual General Meeting HOSKEN PASSENGER LOGISTICS AND RAIL LIMITED (Previously Niveus Invest 17 Proprietary Limited) (Incorporated in the Republic of South Africa) Registration number: 2015/250356/06 Share code: HPR ISIN: ZAE000255907 (“HPLR” or the “Company”) RESULTS OF THE ANNUAL GENERAL MEETING Shareholders are hereby advised that at the annual general meeting of the Company held at 11:00 today, Monday, 22 October 2018 at the offices of Hosken Consolidated Investments, Suite 801, 76 Regent Road, Sea Point (“AGM”), all of the resolutions were passed by the requisite majorities of the Company’s shareholders. Details of the results of the voting at the AGM are as follows: Votes against resolution Votes for as a Number of resolution as percentage shares Number of a percentage of total voted at shares of total number of AGM as a abstained as Resolutions number of shares Number of percentage a percentage proposed at the shares voted voted at shares voted of shares in of shares in AGM at AGM AGM at AGM issue issue Ordinary resolution number 1: Retirement and re- election of directors: 1.1 Mr Y Shaik 99.98% 0.02% 245 586 221 84.68% 0.0% 1.2 Mr TG Govender 99.98% 0.02% 245 586 221 84.68% 0.0% 1.3 Mr FE Meyer 100.0% 0.0% 245 586 221 84.68% 0.0% 1.4 Mr ML Wilkin 100.0% 0.0% 245 586 221 84.68% 0.0% 1.5 Mr L Govender 100.0% 0.0% 245 586 221 84.68% 0.0% 1.6 Ms NB Jappie 100.0% 0.0% 245 586 221 84.68% 0.0% 1.7 Ms KF Mahloma 100.0% 0.0% 245 586 221 84.68% 0.0% Ordinary resolution number 2: 100.0% 0% 245 586 221 84.68% 0.0% Re-appointment of external auditor: BDO Cape Incorporated Ordinary resolution number 3: Re-appointment of members of the Audit and Risk Committee: 3.1 Mr L Govender 100.0% 0.0% 245 586 221 84.68% 0.0% 3.2 Ms NB Jappie 99.99% 0.01% 245 586 221 84.68% 0.0% 3.3 Ms KF Mahloma 99.99% 0.01% 245 586 221 84.68% 0.0% Non-binding advisory vote 1: Non-binding advisory vote on the Company’s remuneration policy 99.59% 0.41% 245 586 221 84.68% 0.0% Non-binding advisory vote 2: Non-binding advisory vote on the Company’s implementation report on the remuneration policy 100.0% 0.00% 245 582 429 84.68% 0.0% Special resolution number 1: General authority to issue ordinary shares, options and convertible securities for cash 96.29% 3.71% 245 586 221 84.68% 0.0% Special resolution number 2: Approval of annual fees to be paid to non-executive directors 100.0% 0.0% 245 586 221 84.68% 0.0% Special resolution number 3: General authority to repurchase Company shares 99.78% 0.22% 245 586 221 84.45% 0.0% Special resolution number 4: Shareholders’ general authorisation of financial assistance 99.59% 0.41% 245 586 221 84.68% 0.0% Ordinary resolution number 4: 100.0% 0.0% 245 586 221 84.68% 0.0% Directors’ authority to implement Company resolutions Note: Total number of shares in issue as at the date of the AGM was 290 000 000. Cape Town 22 October 2018 Sponsor PSG Capital Date: 22/10/2018 04:00:00 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.