Results of the annual general meeting Metair Investments Limited (Incorporated in the Republic of South Africa) Registration number: 1948/031013/06 JSE share code: MTA ISIN: ZAE000090692 (“Metair” or the “Company”) RESULTS OF THE ANNUAL GENERAL MEETING Metair shareholders (“Shareholders”) are advised that at the annual general meeting (“AGM”) of Shareholders held on Thursday, 2 May 2019, all the ordinary and special resolutions, as set out in the notice of AGM dated Wednesday, 13 March 2019, were approved by the requisite majority of Shareholders present or represented by proxy. All resolutions proposed at the AGM, together with the percentage of shares abstained, as well as the percentage of votes carried for and against each resolution, are as follows: Ordinary resolution number 1: Re-election of Ms HG Motau as a director Shares Voted Abstained For Against 147 602 107 0.53% 99.94% 0.06% (74.18%) Ordinary resolution number 2: Appointment of Mr CMD Flemming as a director Shares Voted Abstained For Against 148 647 910 0.00% 99.99% 0.01% (74.70%) Ordinary resolution number 3: Appointment of Mr S Sithole as a director Shares Voted Abstained For Against 148 647 502 0.00% 99.73% 0.27% (74.70%) Ordinary resolution number 4: Appointment of Mr TP Moeketsi as a director Shares Voted Abstained For Against 148 647 502 0.00% 82.25% 17.75% (74.70%) Ordinary resolution number 5: Re-appointment of independent auditors Shares Voted Abstained For Against 148 623 851 0.01% 86.18% 13.82% (74.69%) Ordinary resolution number 6: Election of audit and risk Committee (the “Committee”) members Ordinary resolution number 6(i): Mr CMD Flemming as chairman of the Committee Shares Voted Abstained For Against 148 623 851 0.01% 99.99% 0.01% (74.69%) Ordinary resolution number 6(ii): Ms HG Motau as a member of the Committee Shares Voted Abstained For Against 147 602 107 0.53% 99.94% 0.06% (74.18%) Ordinary resolution number 6(iii): Mr B Mawasha as a member of the Committee Shares Voted Abstained For Against 148 647 910 0.00% 96.73% 3.27% (74.70%) Ordinary resolution number 7(a): Approval of the Company’s remuneration policy Shares Voted Abstained For Against 133 723 788 7.50% 80.31% 19.69% (67.20%) Ordinary resolution number 7(b): Approval of the Company’s remuneration implementation report Shares Voted Abstained For Against 133 725 360 7.50% 76.72% 23.28% (67.20%) Special resolution number 1: Approval of the non-executive directors’ remuneration Shares Voted Abstained For Against 148 647 338 0.00% 100.00% 0.00% (74.70%) Special resolution number 2: Provision of financial assistance in terms of section 45 of the Companies Act No. 71 of 2008, as amended (“Companies Act”) Shares Voted Abstained For Against 148 647 910 0.00% 99.54% 0.46% (74.70%) Special resolution number 3: Provision of financial assistance in terms of section 44 of the Companies Act Shares Voted Abstained For Against 148 647 910 0.00% 99.54% 0.46% (74.70%) Special resolution number 4: General authority to repurchase the Company’s securities Shares Voted Abstained For Against 148 648 910 0.00% 100.00% 0.00% (74.70%) Notes: - Percentages of shares voted are calculated in relation to the total issued share capital of Metair. - Percentages of shares voted for and against each resolution are calculated in relation to the total number of shares voted in respect of such resolution. - Abstentions are calculated as a percentage in relation to the total issued share capital of Metair. Johannesburg 2 May 2019 Sponsor One Capital Date: 03/05/2019 07:05:00 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.