Report on proceedings at the annual general meeting REMGRO LIMITED (Incorporated in the Republic of South Africa) (Registration number 1968/006415/06) ISIN: ZAE000026480 Share code: REM ("Remgro") REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING At the 2019 annual general meeting ("AGM") of the shareholders of Remgro held today, Thursday, 28 November 2019 all the ordinary and special resolutions proposed were approved by the requisite majority of votes. In this regard, Remgro confirms the voting statistics from the AGM as follows: Shares voted disclosed Shares abstained Votes cast disclosed as a as a percentage in disclosed as a percentage in relation to relation to the total percentage in relation the total number of shares issued share capital* to the total issued voted at the meeting Number of shares Resolutions share capital* voted Ordinary shares (“Ord”) Ordinary shares (“Ord”) B ordinary shares (“B Ordinary shares (“Ord”) B ordinary shares (“B Ord”) Ord”) B ordinary shares (“B Ord”) For Against Ordinary Resolution 357 558 267 Number 1 - Approval Ordinary shares 67.56% Ord 0.15% Ord of annual financial 100% Ord 0% Ord 39 056 987 100% B Ord 0% B Ord statements 100% B Ord 0% B Ord B ordinary shares Ordinary Resolution 357 647 031 Number 2 - 71.40% Ord 28.60% Ord Ordinary shares 67.58% Ord 0.07% Ord Reappointment of 100% B Ord 0% B Ord 39 056 987 100% B Ord 0% B Ord auditor B ordinary shares Ordinary Resolution 357 675 501 Number 3 - Election 94.36% Ord 5.64% Ord Ordinary shares 67.59% Ord 0.07% Ord of director, 100% B Ord 0% B Ord 39 056 987 100% B Ord 0% B Ord Mr J J Durand B ordinary shares Ordinary Resolution 356 417 833 Number 4 - Election 74.34%Ord 25.66% Ord Ordinary shares 67.35% Ord 0.31% Ord of director, 100% B Ord 0% B Ord 39 056 987 100% B Ord 0% B Ord Mr N P Mageza B ordinary shares Ordinary Resolution 357 682 315 Number 5 - Election 93.96% Ord 6.04% Ord Ordinary shares 67.59% Ord 0.07% Ord of director, 100% B Ord 0% B Ord 39 056 987 100% B Ord 0% B Ord Mr J Malherbe B ordinary shares Ordinary Resolution 356 426 159 Number 6 - Election 90.89% Ord 9.11% Ord Ordinary shares 67.35% Ord 0.31% Ord of director, 100% B Ord 0% B Ord 39 056 987 100% B Ord 0% B Ord Mr P J Moleketi B ordinary shares Ordinary Resolution 356 406 096 Number 7 - Election 89.05% Ord 10.95% Ord Ordinary shares 67.35% Ord 0.31% Ord of director, 100% B Ord 0% B Ord 39 056 987 100% B Ord 0% B Ord Mr F Robertson B ordinary shares Ordinary Resolution 357 234 632 Number 8 - Election 97.25% Ord 2.75% Ord Ordinary shares 67.50% Ord 0.15% Ord of director, 100% B Ord 0% B Ord 39 056 987 100% B Ord 0% B Ord Mr A E Rupert B ordinary shares Ordinary Resolution Number 9 - Election of member of the 357 269 792 Audit and Risk 79.46% Ord 20.54% Ord Ordinary shares 67.51% Ord 0.15% Ord Committee, 100% B Ord 0% B Ord 39 056 987 100% B Ord 0% B Ord Ms S E N De Bruyn B ordinary shares Ordinary Resolution Number 10 - Election of member 356 447 149 of the Audit and 74.10% Ord 25.90% Ord Ordinary shares 67.35% Ord 0.30% Ord Risk Committee, 100% B Ord 0% B Ord 39 056 987 100% B Ord 0% B Ord Mr N P Mageza B ordinary shares Ordinary Resolution Number 11 - Election of member 354 900 181 of the Audit and 96.44% Ord 3.56% Ord Ordinary shares 67.06% Ord 0.36% Ord Risk Committee, 100% B Ord 0% B Ord 39 056 987 100% B Ord 0% B Ord Mr P J Moleketi B ordinary shares Ordinary Resolution Number 12 - Election of member 355 986 555 of the Audit and 67.48% Ord 32.52% Ord Ordinary shares 67.27% Ord 0.38% Ord Risk Committee, 100% B Ord 0% B Ord 39 056 987 100% B Ord 0% B Ord Mr F Robertson B ordinary shares Ordinary Resolution 357 655 468 Number 13 – General 67.03% Ord 32.97% Ord Ordinary shares 67.58% Ord 0.07% Ord authority to place 100% B Ord 0% B Ord 39 056 987 100% B Ord 0% B Ord 5% of the unissued B ordinary shares ordinary shares under the control of the directors Ordinary Resolution Number 14 – Non- 355 460 235 67.17% Ord 0.49% Ord binding advisory 93.99% Ord 6.01% Ord Ordinary shares 100% B Ord 0% B Ord vote on 100% B Ord 0% B Ord 39 056 987 Remuneration Policy B ordinary shares Ordinary Resolution 355 433 506 Number 15 – Non- 94.97% Ord 5.03% Ord Ordinary shares binding advisory 100% B Ord 0% B Ord 39 056 987 67.16% Ord 0.49% Ord vote on B ordinary shares 100% B Ord 0% B Ord Remuneration Implementation Report Special Resolution 354 437 020 Number 1 - Approval 98.81% Ord 1.19% Ord Ordinary shares 66.97% Ord 0.68% Ord of directors’ 100% B Ord 0% B Ord 39 056 987 100% B Ord 0% B Ord remuneration B ordinary shares Special Resolution 357 666 574 Number 2 - General 98.31% Ord 1.69% Ord Ordinary shares 67.58% Ord 0.07% Ord authority to 0% B Ord 0% B Ord 39 056 987 0% B Ord 100% B Ord repurchase shares B ordinary shares Special Resolution Number 3 - General authority to 39 056 987 provide financial 99.05% Ord 0.95% Ord Ordinary shares 67.50% Ord 0.15% Ord assistance for the 100% B Ord 0% B Ord 357 247 726 100% B Ord 0% B Ord subscription and/or B ordinary shares purchase of securities in the Company or in related or inter- related companies Special Resolution Number 4 - General 357 271 824 authority to 99.37% Ord 0.63% Ord Ordinary shares 67.51% Ord 0.07% Ord provide financial 100% B Ord 0% B Ord 39 056 987 100% B Ord 0% B Ord assistance to B ordinary shares related and inter- related companies and corporations *Total issued share capital is 529 217 007 ordinary shares with total voteable shares, excluding Treasury shares, being 525 909 776 ordinary shares and 39 056 987 B ordinary shares. Stellenbosch 28 November 2019 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 28-11-2019 05:49:00 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.