Results of annual general meeting Nictus Limited Incorporated in the Republic of South Africa Registration number: 1981/011858/06 ISIN code: NA0009123481 JSE share code: NCS (“Nictus” or the “Company”) RESULTS OF ANNUAL GENERAL MEETING Nictus shareholders (“Shareholders”) are hereby advised that at the annual general meeting of Shareholders held at 12:00 (SA time) on Wednesday, 21 August 2019 (“AGM”), all the ordinary and special resolutions proposed at the AGM were approved by the requisite majority of Shareholders present or represented by proxy at the AGM. Details of the results of voting at the AGM are as follows: For Against Total votes cast Abstained Resolution Number of As a % Number As a % Number of As a % As a % of Shares of Voted of of Voted Shares of Total Total Shares Shares Shares Issued Issued Shares Shares Ordinary resolutions 1 Re-election 42 076 061 100% 0 0% 42 076 061 78.73% 0% of Gerard Swart as a director 2 Re-election 42 076 061 100% 0 0% 42 076 061 78.73% 0% of Nicolaas C Tromp as a director 3 Election of 42 076 061 100% 0 0% 42 076 061 78.73% 0% Cornelius J de Vrye as a director 4 Approval of 42 076 061 100% 0 0% 42 076 061 78.73% 0% the remuneration policy 5 Approval of 42 076 061 100% 0 0% 42 076 061 78.73% 0% the remuneration implementati on report 6 Election of 42 076 061 100% 0 0% 42 076 061 78.73% 0% Cornelius J de Vrye as a member and chairman of the audit and risk committee 7 Re-election 42 076 061 100% 0 0% 42 076 061 78.73% 0% of Barend J Willemse as a member of the audit and risk committee 8 Re-election 42 076 061 100% 0 0% 42 076 061 78.73% 0% of Gerard Swart as a member of the audit and risk committee 9 Re- 42 068 061 99.98% 8 000 0.02% 42 076 061 78.73% 0% appointment of KPMG Inc. as independent external auditor * 10 Authority to 42 068 061 99.98% 8 000 0.02% 42 076 061 78.73% 0% issue ordinary shares 11 Signing 42 076 061 100% 0 0% 42 076 061 78.73% 0% authority Special resolutions 1 Approval of 42 076 061 100% 0 0% 42 076 061 78.73% 0% directors’ remuneration 2 General 42 076 061 100% 0 0% 42 076 061 78.73% 0% authority to repurchase shares 3 Financial 42 076 061 100% 0 0% 42 076 061 78.73% 0% assistance to entities related or inter-related to the Company, in terms of section 45 of the Companies Act of South Africa Notes: 1. Total Issued Shares comprises 53 443 500 Nictus ordinary shares (“Shares”). 2. Voted Shares comprises the Shares voted at the AGM in respect of each resolution, excluding abstained Shares. *As published in a SENS announcement on 15 August 2019, a modification to ordinary resolution number 9, by the removal of the appointment of the individual designated audit partner, Mr Riaan Kok, representing KPMG Inc., was made and tabled at the AGM prior to proposing the resolution. Randburg 21 August 2019 Sponsor One Capital Date: 21/08/2019 04:05:00 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.