Report on Annual General Meeting proceedings RAUBEX GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 2006/023666/06) JSE Share code: RBX ISIN: ZAE000093183 (“Raubex” or “the Group”) REPORT ON ANNUAL GENERAL MEETING PROCEEDINGS Raubex shareholders are advised that at the annual general meeting of members held on Friday, 2 August 2019, all the ordinary and special resolutions as proposed in the notice of the annual general meeting were approved by the requisite majority of members. In this regard, Raubex confirms the voting statistics from the annual general meeting as follows: % Number Total number of shares that could be voted at meeting 100% 181 679 898 Total number of shares present/represented including proxies at 91% 164 585 750 meeting Total number of members present 3 Votes for and against are in relation to the total number of shares voted at the meeting. Abstentions are in relation to the voteable shares. Votes in Votes Abstentions in Shares voted Favour in Against in relation to relation to relations to voteable total number total number shares of shares of shares voted voted Ordinary Resolution Number 1 Adoption of the group and holding 164 170 353 1 000 414 397 164 171 353 company audited annual financial statements for the year ended 28 (99.9994%) (0.0006%) (0.2281%) (90.3630%) February 2019 Ordinary Resolution Number 2 Re-appointment of PWC as the 143 490 376 21 058 800 36 574 164 549 176 independent registered auditor of the company for the ensuing financial (87.2021%) (12.7979%) (0.0201%) (90.5709%) year, with the individual registered auditor who will undertake the audit during the financial year ending 28 February 2020, being CJ Hertzog Ordinary Resolution Number 3.1 Re-election of F Kenney as director 163 086 044 1 463 132 36 574 164 549 176 (99.1108%) (0.8892%) (0.0201%) (90.5709%) Ordinary Resolution Number 3.2 Re-election of LA Maxwell as director 162 128 662 2 420 514 36 574 164 549 176 (98.5290%) (1.4710%) (0.0201%) (90.5709%) Ordinary Resolution Number 3.3 164 359 128 190 048 36 574 164 549 176 Re-election of BH Kent as director (99.8845%) (0.1155%) (0.0201%) (90.5709%) Ordinary Resolution Number 3.4 164 483 528 65 648 36 574 164 549 176 Re-election of SR Bogatsu as director (99.9601%) (0.0399%) (0.0201%) (90.5709%) Ordinary Resolution Number 4.1 Re-election of LA Maxwell, 162 778 323 1 770 853 36 574 164 549 176 independent non-executive director, as member of the audit committee for the (98.9238%) (1.0762%) (0.0201%) (90.5709%) 2020 financial year Ordinary Resolution Number 4.2 Re-election of BH Kent, independent non-executive director, as member of 164 359 128 190 048 36 574 164 549 176 the audit committee for the 2020 financial year (99.8845%) (0.1155%) (0.0201%) (90.5709%) Ordinary Resolution Number 4.3 Re-election of SR Bogatsu, independent non-executive director, as 164 483 528 65 648 36 574 164 549 176 member of the audit committee for the 2020 financial year (99.9601%) (0.0399%) (0.0201%) (90.5709%) Ordinary Resolution Number 5 Endorsement of the company’s 163 490 971 1 058 205 36 574 164 549 176 remuneration policy (99.3569%) (0.6431%) (0.0201%) (90.5709%) Ordinary Resolution Number 6 Endorsement of the company’s 164 369 241 179 935 36 574 164 549 176 remuneration implementation report (99.8906%) (0.1094%) (0.0201%) (90.5709%) Ordinary Resolution Number 7 General authorisation to any director 164 548 176 1 000 36 574 164 549 176 or the company secretary of the company to do all such things and sign (99.9994%) (0.0006%) (0.0201%) (90.5709%) all such documents as may be necessary for, or incidental to the implementation of the resolutions passed at the meeting Special Resolution Number 1 Approval of the remuneration of the 164 508 641 40 535 36 574 164 549 176 non-executive directors of the company for the 2020 financial year (99.9754%) (0.0246%) (0.0201%) (90.5709%) Special Resolution Number 2 Approval of the general authority of 164 403 609 145 567 36 574 164 549 176 the company or any of its subsidiaries from time to time, to repurchase the (99.9115%) (0.0885%) (0.0201%) (90.5709%) company’s own securities Special Resolution Number 3 Sections 44 and 45 financial assistance 164 533 176 16 000 36 574 164 549 176 to any company or corporation which is related or inter-related to the (99.9903%) (0.0097%) (0.0201%) (90.5709%) company Johannesburg 2 August 2019 Sponsor Investec Bank Limited Date: 02/08/2019 04:24:00 Produced by the JSE SENS Department. 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