Results of Annual General Meeting (AGM) MOMENTUM METROPOLITAN HOLDINGS LIMITED (Previously MMI HOLDINGS LIMITED) Incorporated in the Republic of South Africa) Registration number: 2000/031756/06 ISIN Code: ZAE000149902 JSE Share Code: MTM NSX Share Code: MMT (“MMH” or “Company”) Results of Annual General Meeting (AGM) MMH advises its shareholders that all the ordinary and special resolutions proposed in the notice of the AGM dated 15 October 2019, and tabled at the Company’s AGM held on Tuesday, 26 November 2019, were passed by the requisite majority of votes cast by shareholders. The voting details with respect to the proposed resolutions were as follows: Resolutions proposed Number of Percentage Percentage Percentage Percentage shares voted shares For ** Against** Abstained* (excluding voted* abstentions) (excluding abstentions) Ordinary Resolution 1.1: Election of 1 210 416 748 80.83% 99.57% 0.43% 0.00% Ms L de Beer Ordinary Resolution 1.2: Election of 1 210 416 748 80.83% 97.20% 2.80% 0.00% Mr MS Moloko Ordinary Resolution 1.3: Election of 1 210 418 058 80.83% 100.00% 0.00% 0.00% Ms SL McPherson Ordinary Resolution 1.4: Election of 1 210 416 748 80.83% 99.65% 0.35% 0.00% Ms LM Chiume Ordinary Resolution 1.5: Election of 1 210 416 748 80.83% 99.68% 0.32% 0.00% Ms KS Legoabe-Kgomari Ordinary Resolution 2.1: Re-election 1 210 416 748 80.83% 99.68% 0.32% 0.00% of directors – Mr V Nkonyeni Ordinary Resolution 2.2: Re-election 1 210 416 748 80.83% 99.72% 0.28% 0.00% of directors – Mr SC Jurisich Ordinary Resolution 3: Appointment of Ernst & Young Inc. as external Auditors, with Ms Cornea de Villiers 1 210 419 111 80.83% 99.79% 0.21% 0.00% as the designated audit partner Ordinary Resolution 4.1: Appointment of audit committee member – Mr FJC 1 210 416 748 80.83% 99.61% 0.39% 0.00% Truter Ordinary Resolution 4.2: Appointment of audit committee member – Ms F 1 056 612 348 70.56% 95.49% 4.51% 10.09% Daniels (Jakoet) Ordinary Resolution 4.3: Appointment of audit committee member – Ms L de 1 210 416 748 80.83% 99.95% 0.05% 0.00% Beer Ordinary Resolution 5: Implementation of ordinary and 1 210 418 058 80.83% 99.97% 0.03% 0.00% special resolutions Ordinary Resolution 6: Passing of non-binding advisory vote on MMH 1 210 384 858 80.83% 85.99% 14.01% 0.01% Remuneration Policy Ordinary Resolution 7: Passing of non-binding advisory vote on MMH 1 210 386 858 80.83% 87.99% 12.01% 0.01% Implementation Report Special Resolution 1 – General 1 210 301 914 80.82% 99.93% 0.07% 0.01% authority to repurchase company shares Special Resolution 2 – Approval to provide Financial Assistance in terms of sections 44 and 45 of the 1 210 418 439 80.83% 99.08% 0.92% 0.00% Companies Act Special Resolution 3: Non-executive 1 210 387 068 80.83% 99.90% 0.10% 0.01% directors’ fees * Based on 1,497,475,356 ordinary plus 28,060,898 preference shares, being the total number of MMH shares in issue as at the date of the AGM ** Based on the number of shares voted, excluding abstentions Shareholders are further advised that Mr Krige, having reached the age of seventy, retires from the Board and Mr Moleketi retires from the Board, having decided not to stand for re-election at the AGM. The Chairman expressed his and the Boards’ gratitude to Messrs Krige and Moleketi for their valued contribution to MMH over the years and wished them well in their future endeavours. By order of the Board Centurion 27 November 2019 Sponsor: Merrill Lynch South Africa (Pty) Limited Date: 27-11-2019 12:10:00 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.