RESULTS OF ANNUAL GENERAL MEETING HELD ON 30 AUGUST 2019 Novus Holdings Limited (Incorporated in the Republic of South Africa) JSE share code: NVS ISIN: ZAE000202149 Registration number: 2008/011165/06 (“Novus Holdings”, “the Company” or “the Group”) RESULTS OF ANNUAL GENERAL MEETING HELD ON 30 AUGUST 2019 Shareholders are advised that at the Annual General Meeting (“AGM”) of Novus Holdings held today, all the resolutions set out in the notice were duly passed by the requisite majority of shareholders, with the exception of Ordinary Resolution 8 (General authority to issue shares for cash), Special Resolution 2 (Financial assistance in terms of section 44 of the Companies Act) and Special Resolution 4 (General authority to acquire (repurchase) shares), which failed to meet the requisite majority votes in favour. Total issued number of ordinary shares: 346 656 348 Number of ordinary shares that could have been voted at the meeting: 288 287 023 Total number of ordinary shares represented at the AGM: 258 968 504 Percentage of ordinary shares represented at the meeting: 89.83% The voting details with respect to the proposed resolutions were as follows: Resolution Proposed Votes in Favour Votes Abstentions Against Ordinary resolution number 1: Consideration and 236 500 125 - 22 468 379 Acceptance of Financial Statements 100% 0.00% 7.79% Ordinary resolution number 2: Appointment of 234 331 305 2 183 127 22 454 072 auditor – 99.08% 0.92% PriceWaterhouseCoopers (PWC) Ordinary resolution number 3.1: 236 514 432 - 22 454 072 Confirmation of Appointment of Executive 100% 0.00% Director – Harry Todd Ordinary resolution number 3.2: 236 514 432 - 22 454 072 Confirmation of Appointment of Executive 100% 0.00% Director – Neil William Birch Ordinary resolution number 4.1: 236 514 432 - 22 454 072 Confirmation of Appointment of Non- executive 100% 0.00% Director – Dennis Mack Ordinary resolution number 4.2: Confirmation of 236 011 831 502 601 22 454 072 Appointment of Non-executive Director – 99.79% 0.21% Phumla Mnganga 1 Ordinary resolution number 5.1: 220 074 202 16 440 230 22 454 072 Re-election of Non-executive Director – Sandile 93.05% 6.95% Zungu Ordinary resolution number 6.1: 236 514 432 - 22 454 072 Re-appointment of member of Audit and Risk 100% 0.00% Committee – Christoffel Botha Ordinary resolution number 6.2: 236 504 205 10 227 22 454 072 Re-appointment of member of Audit 100% 0.00% Committee – Lulama Mtanga Ordinary resolution number 6.3: 236 504 332 10 100 22 454 072 Appointment of member of Audit and Risk 100% 0.00% Committee – Dennis Mack Ordinary Resolution number. 7.1: Endorsement 166 475 864 9 440 548 83 052 092 of remuneration policy 94.63% 5.37% Ordinary Resolution number. 7.2: Endorsement 158 021 856 17 884 456 83 062 192 of implementation report 89.83% 10.17% Ordinary resolution number 8: 104 933 177 131 581 22 454 072 General authority to Directors to allot and issue 44.37% 255 authorised but unissued ordinary shares 55.63% Ordinary resolution 9: 236 490 357 - 22 478 147 Signing Powers 100% 0.00% Special resolution number 1. 236 227 035 209 065 22 532 404 Remuneration of Directors 99.91% 0.09% Special resolution number 2: 159 231 055 77 283 045 22 454 404 Financial assistance i.t.o. section 67.32% 32.68% 44 of the Companies Act Special resolution number 3: 236 503 873 10 227 22 454 404 Financial assistance i.t.o. section 100% 0.00% 45 of the Companies Act Special resolution number 4: General Authority 175 189 692 61 310 765 22 468 047 to acquire (repurchase) shares 74.08% 25.92% By order of the Board Cape Town 30 August 2019 Sponsor: Investec Bank Limited 2 Date: 30/08/2019 01:22:00 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.