Results of General Meeting NIVEUS INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) Registration number: 1996/005744/06 JSE share code: NIV ISIN code: ZAE000169553 ("Niveus" or “the Company") RESULTS OF THE GENERAL MEETING Niveus Shareholders are advised that at the General Meeting (“GM”) of Niveus held on Wednesday, 4 December 2019, all the resolutions, as set out in the notice of GM and proposed at the meeting were passed, without modification, by the requisite majority of Niveus Shareholders. Number of votes (one vote per share) Votes for Votes against Number of Number of Number of resolution as resolution a shares voted shares voted shares a percentage a percentage at GM at GM as a abstained as a of total of total percentage of percentage of number of number of votable total issued shares voted shares voted shares exercisable at GM at GM shares Special Resolution No 1: Approval of the Scheme of Arrangements in terms of the 91.02 % 8.98 % 44 555 717 88.36 % 0% Companies Act Ordinary Resolution No 1: Directors’ authority to implement company 96.51 % 3.49 % 115 044 995 96.54 % 0% resolutions Ordinary resolution No 3: Delisting of the Company in terms of the JSE Listing 92.25% 7.75 % 51 738 557 89.81 % 0% Requirements Note: • Total number of shares in issue at the date of the general meeting is 119 162 734 • Total number of shares that can be exercised at the meeting is 50 433 937 for special resolution number 1 • Total number of shares that can be exercised at the meeting is 119 162 734 for ordinary resolution number 1 • Total number of shares that can be exercised at the meeting is 57 607 777 for ordinary resolution number 2 The board of directors of the Company accepts responsibility for the information contained in this announcement to the extent that it relates to it. To the best of the board’s knowledge and belief, the information contained in this announcement pertaining to the Company is true and nothing has been omitted that is likely to affect the import of the information. 4 December 2019 Cape Town Financial Adviser and Sponsor Investec Bank Limited Date: 04-12-2019 04:32:00 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.