Results of the general meeting ECSPONENT LIMITED Incorporated in the Republic of South Africa Registration number: 1998/013215/06 JSE Code: ECS - ISIN: ZAE000179594 Debt Issuer Codes: ECSP and ECSD (“the Company” or “Ecsponent”) RESULTS OF THE GENERAL MEETING Results of the General Meeting The Ecsponent board of directors is pleased to announce that, at the general meeting of the Company’s ordinary shareholders held yesterday, 22 January 2019 (“General Meeting”), the ordinary resolution in respect of the Pink Orchid Acquisition (set out below) was approved by the requisite majority of votes. Background to the Pink Orchid Acquisition On 29 June 2018, Ecsponent announced the proposed acquisition of 100% equity in Pink Orchid, a Botswana- based investment holding company, holding various assets with profitable opportunities to extend its African and foreign currency investment portfolio (the “Pink Orchid Acquisition”). Pink Orchid is being acquired for a total consideration of R185 million. This acquisition contributes to the growth in the Company’s Equity Holdings portfolio and diversifies the Group across sectors and geographies, introducing further hard currency revenue streams to the business. As a result, it will contribute to: • position the Group for future value-enhancing investment opportunities; • create an efficient and professional management structure for the Group’s equity investments; • improve the balance sheet concentration exposure; • provide a balance between the Group’s short-term cash generative assets and longer-term growth assets; and • increase the Group’s equity holding in assets considered to have high growth potential. The following information is provided in respect of the votes at the General Meeting: The total number of Ecsponent ordinary shares in issue is 1 079 555 364 shares, of which only 463 480 863 shares were capable of being voted (“Voteable Shares”) as a result of the exclusion of the votes of certain related parties and their associates in terms of the JSE Limited Listings Requirements. A total of 215 389 431 shares were voted at the General Meeting, representing 19.95% of the total shares in issue, and 46.47% of the Voteable Shares. Resolution Shares voted Votes Votes Votes Abstained For Against Number % (1) % (1) % (2) % (2) Ordinary resolution number 1 215 389 431 19.95 - 100.00 - Approval of the Pink Orchid Acquisition Notes: 1. As a percentage of total ordinary shares in issue. 2. As a percentage of shares voted. For more information about this announcement or the Ecsponent group, email investor.relations@ecsponent.com or visit www.ecsponentlimited.com/investor-relations 23 January 2019 Pretoria Sponsor to Ecsponent Questco Corporate Advisory (Pty) Ltd Date: 23/01/2019 12:00:00 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.