No Change Statement and Notice of Annual General Meeting BAUBA RESOURCES LIMITED Incorporated in the Republic of South Africa (Registration number 1986/004649/06) Share code: BAU ISIN: ZAE000145686 (“Bauba” or “the Company”) NO CHANGE STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING Shareholders are advised that the Abridged Audited Consolidated Annual Financial Statements and Notice of Annual General Meeting for the year ended 30 June 2019, has been distributed to shareholders today, 31 October 2019 and that the full integrated annual report is available on the Company’s website, https://www.baubaresources.co.za/investors-downloads/. The audited annual financial statements contain no modifications to the Reviewed Provisional Condensed Consolidated Results for the year ended 30 June 2019 published on SENS on 18 September 2019. Notice is hereby given that the annual general meeting of shareholders of Bauba will be held at 10:00 on Thursday, 12 December 2019 at Cube Workspace, 1 Wedgewood Link, Bryanston, Gauteng to transact the business stated in the notice of the annual general meeting, which is also available separately on the Company’s website at https://www.baubaresources.co.za/investors-downloads/ contained in the integrated annual report. The board of directors of the Company has determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act, 2008 (Act 71 of 2008), as amended, the record date for the purposes of determining which shareholders of the Company are entitled to participate in and vote at the annual general meeting is Friday, 6 December 2019. Accordingly, the last day to trade Bauba shares in order to be recorded in the Register to be entitled to vote will be Tuesday, 3 December 2019. Johannesburg 31 October 2019 Sponsor Merchantec Capital Date: 31/10/2019 05:26:00 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.