Results of Annual General Meeting Bid Corporation Limited (Incorporated in the Republic of South Africa) Registration number: 1995/008615/06 Share code: BID ISIN: ZAE000216537 (“Bidcorp” or “the Company”) REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING At the Annual General Meeting (“AGM” or “the meeting”) of the shareholders of Bid Corporation Limited held today, Thursday November 14th 2019, the ordinary and special resolutions proposed at the meeting were unmodified from that reflected in the Notice of Annual General Meeting and were approved by the requisite majority of votes. In this regard, Bidcorp confirms the voting statistics from the Annual General Meeting as follows: Total number of shares in issue 335 404 212 Treasury shares (excluded from voting) 1 257 031 Total number of shares (“voteable shares”) 334 147 181 Total number of shares represented (including proxies) at the AGM 267 802 086 Proportion of total voteable shares represented at the AGM 80.14% Votes Carried as a Shares voted as a Shares abstained percentage of the total Number of Shares percentage of the as a percentage Resolution number of shares voted Voted total issued share of the total at the meeting capital issued share For Against capital 1 Ordinary resolution number 1: Reappointment of external auditor 100.00% 0.00% 267 184 696 79.66% 0.18% 2 Ordinary resolution number 2.1: Re-election of director - T Abdool-Samad 99.87% 0.13% 267 185 391 79.66% 0.18% 3 Ordinary resolution number 2.2: Re-election of director - CL Rosenberg 94.36% 5.64% 266 421 496 79.43% 0.41% 4 Ordinary resolution number 2.3: Re-election of director - DE Cleasby 99.77% 0.23% 267 192 441 79.66% 0.18% - 5 Ordinary resolution number 2.4: Re-election of director - B Joffe 95.76% 4.24% 267 193 022 79.66% 0.18% 6 Ordinary resolution number 2.5: Re-election of director - DD Mokgatle 99.67% 0.33% 267 045 153 79.62% 0.22% Ordinary resolution number 3.1: Election of audit and risk committee member 7 99.62% 0.38% 266 984 019 79.60% 0.24% T Abdool-Samad Ordinary resolution number 3.2: Election of audit and risk committee member 8 95.01% 4.99% 266 984 069 79.60% 0.24% PC Baloyi Ordinary resolution number 3.3: Election of audit and risk committee member 9 94.89% 5.11% 266 989 935 79.60% 0.24% NG Payne Ordinary resolution number 3.4: Election of audit and risk committee member 10 99.97% 0.03% 267 191 357 79.66% 0.18% H Wiseman Ordinary resolution number 4.1: Endorsement of Bidcorp remuneration policy 11 96.12% 3.88% 267 175 268 79.66% 0.19% – non-binding advisory vote: Remuneration policy Ordinary resolution number 4.2: Endorsement of Bidcorp remuneration policy 12 95.62% 4.38% 267 175 061 79.66% 0.19% – non?binding advisory vote: Implementation of remuneration policy Ordinary resolution number 5: Amendments to the conditional share plan 13 99.94% 0.06% 267 181 645 79.66% 0.18% (CSP) scheme Ordinary resolution number 6: General authority to directors to allot and 14 91.18% 8.82% 267 190 573 79.66% 0.18% issue authorised but unissued ordinary shares 15 Ordinary resolution number 7: General authority to issue shares for cash 88.85% 11.15% 267 190 773 79.66% 0.18% Ordinary resolution number 8: Payment of dividend by way of 16 98.55% 1.45% 267 185 363 79.66% 0.18% pro rata reduction of stated capital 17 Ordinary resolution number 9: Creation and issue of convertible debentures 88.27% 11.73% 266 965 875 79.60% 0.25% Ordinary resolution number 10: Directors’ authority to implement special and 18 98.80% 1.20% 267 183 773 79.66% 0.18% ordinary resolutions 19 Special resolution number 1: General authority to acquire (repurchase) shares 99.42% 0.58% 267 174 497 79.66% 0.19% Votes Carried as a Shares voted as a Shares abstained percentage of the total Number of Shares percentage of the as a percentage Resolution number of shares voted Voted total issued share of the total at the meeting capital issued share For Against capital Special resolution number 2.1: Approval of non-executive directors’ annual 20 98.74% 1.26% 267 177 766 79.66% 0.19% fees – 2019/2020 - Chairman Special resolution number 2.2: Approval of non-executive directors’ annual 21 99.68% 0.32% 267 176 176 79.66% 0.19% fees – 2019/2020 - Lead independent non-executive director (SA) Special resolution number 2.3: Approval of non-executive directors’ annual 22 98.75% 1.25% 266 975 888 79.60% 0.25% fees – 2019/2020 - Lead independent director (International) (AUD) Special resolution number 2.4: Approval of non-executive directors’ annual 23 99.65% 0.35% 267 175 976 79.66% 0.19% fees – 2019/2020 - Non-executive directors (SA) Special resolution number 2.5: Approval of non-executive directors’ annual 24 98.75% 1.25% 266 975 888 79.60% 0.25% fees – 2019/2020 - Non-executive directors (International) (AUD) Special resolution number 2.6: Approval of non-executive directors’ annual 25 99.68% 0.32% 266 618 274 79.49% 0.25% fees – 2019/2020 - Audit and risk committee chairman (International) (AUD) Special resolution number 2.7: Approval of non-executive directors’ annual 26 99.68% 0.32% 267 175 976 79.66% 0.19% fees – 2019/2020 - Audit and risk committee chairman (SA) Special resolution number 2.8: Approval of non-executive directors’ annual 27 99.65% 0.35% 267 176 176 79.66% 0.19% fees – 2019/2020 - Audit and risk committee member (SA) Special resolution number 2.9: Approval of non-executive directors’ annual 28 99.68% 0.32% 266 975 888 79.60% 0.25% fees – 2019/2020 - Audit and risk committee member (International) (AUD) Special resolution number 2.10: Approval of non-executive directors’ annual 29 99.22% 0.78% 267 176 026 79.66% 0.19% fees – 2019/2020 ? Remuneration committee chairman (SA) Special resolution number 2.11: Approval of non-executive directors’ annual 30 99.68% 0.32% 266 975 938 79.60% 0.25% fees – 2019/2020 - Remuneration committee chairman (International) (AUD) Special resolution number 2.12: Approval of non-executive directors’ annual 31 99.68% 0.32% 267 175 976 79.66% 0.19% fees – 2019/2020 - Remuneration committee member (SA) Special resolution number 2.13: Approval of non-executive directors’ annual 32 99.68% 0.32% 266 975 888 79.60% 0.25% fees – 2019/2020 - Remuneration committee member (International) (AUD) Special resolution number 2.14: Approval of non-executive directors’ annual 33 99.22% 0.78% 267 175 976 79.66% 0.19% fees – 2019/2020 - Nominations committee chairman (SA) Special resolution number 2.15: Approval of non-executive directors’ annual 34 99.68% 0.32% 266 975 688 79.60% 0.25% fees – 2019/2020 - Nominations committee chairman (International) (AUD) Special resolution number 2.16: Approval of non?executive directors’ annual 35 99.68% 0.32% 267 175 976 79.66% 0.19% fees – 2019/2020 - Nominations committee member (SA) Special resolution number 2.17: Approval of non-executive directors’ annual 36 99.68% 0.32% 266 975 688 79.60% 0.25% fees – 2019/2020 - Nominations committee member (International) (AUD) Special resolution number 2.18: Approval of non-executive directors’ annual 37 99.22% 0.78% 267 176 176 79.66% 0.19% fees – 2019/2020 - Acquisitions committee chairman (SA) Special resolution number 2.19: Approval of non-executive directors’ annual 38 99.68% 0.32% 266 975 888 79.60% 0.25% fees – 2019/2020 - Acquisitions committee chairman (International) (AUD) Special resolution number 2.20: Approval of non-executive directors’ annual 39 99.68% 0.32% 267 176 176 79.66% 0.19% fees – 2019/2020 - Acquisitions committee member (SA) Special resolution number 2.21: Approval of non-executive directors’ annual 40 99.68% 0.32% 266 975 888 79.60% 0.25% fees – 2019/2020 - Acquisitions committee member (International) (AUD) Votes Carried as a Shares voted as a Shares abstained percentage of the total Number of Shares percentage of the as a percentage Resolution number of shares voted Voted total issued share of the total at the meeting capital issued share For Against capital Special resolution number 2.22: Approval of non-executive directors’ annual 41 99.68% 0.32% 267 175 976 79.66% 0.19% fees – 2019/2020 - Social and ethics committee chairman (SA) Special resolution number 2.23: Approval of non?executive directors’ annual 42 fees – 2019/2020 - Social and ethics committee chairman (International) 99.68% 0.32% 266 975 688 79.60% 0.25% (AUD) Special resolution number 2.24: Approval of non-executive directors’ annual 43 99.68% 0.32% 267 175 976 79.66% 0.19% fees – 2019/2020 - Social and ethics committee member (SA) Special resolution number 2.25: Approval of non-executive directors’ annual 44 99.69% 0.31% 266 975 688 79.60% 0.25% fees – 2019/2020 - Social and ethics committee member (International) (AUD) Special resolution number 2.26: Approval of non-executive directors’ annual 45 99.72% 0.28% 267 176 176 79.66% 0.19% fees – 2019/2020 - Ad hoc meeting (SA) Special resolution number 2.27: Approval of non-executive directors’ annual 46 99.98% 0.02% 266 975 888 79.60% 0.25% fees – 2019/2020 - Ad hoc meeting (International) (AUD) Special resolution number 2.28: Approval of non-executive directors’ annual 47 99.98% 0.02% 266 975 888 79.60% 0.19% fees – 2019/2020 - Travel per meeting cycle (SA) Special resolution number 2.29: Approval of non-executive directors’ annual 48 99.98% 0.02% 266 975 888 79.60% 0.19% fees – 2019/2020 - Travel per meeting cycle (International) (AUD) Special resolution number 3: General authority to provide financial assistance 49 97.89% 2.11% 266 983 302 79.60% 0.18% to related or inter-related companies and corporations The special resolution(s) will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course. CAPITAL MARKETS TRADING UPDATE Shareholders are reminded that management will be hosting a capital markets trading update on Monday, November 18th 2019 at 09h30 SA time where an operational update will be provided. Full details are available on the Bidcorp website (www.bidcorpgroup.com). Date: November 15th 2019 Johannesburg Sponsor: The Standard Bank of South Africa Limited Date: 15/11/2019 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.