Results of the Annual General Meeting MINE RESTORATION INVESTMENTS LIMITED Incorporated in the Republic of South Africa (Registration number 1987/004821/06) Share Code: MRI ISIN: ZAE000164562 ("MRI" or “the Company”) RESULTS OF THE ANNUAL GENERAL MEETING Shareholders are advised that at the Annual General Meeting of MRI shareholders held today, 4 December 2019, the special and ordinary resolutions proposed thereat, were approved by the requisite majority of votes as set out below. The total number of MRI ordinary shares in issue is 863 053 100 shares of which 254 587 202 shares were voted in person or by proxy at the Annual General Meeting, representing 29.50%. Resolutions: Shares voted Votes Votes for Votes Abstained against Number % (1) % (1) % (2) % (2) Ratification of director’s 254 271 792 29.46 0.04 100.00 0.00 appointment: Ordinary resolution number 1.1: Ratification of the appointment of Mr U Bester as an Executive director Re-election of directors: 254 587 202 29.50 0.00 100.00 0.00 Ordinary resolution number 1.2: Re-election of Mr C Roed as an independent non-executive director. Ordinary resolution number 1.3: 254 587 202 29.50 0.00 100.00 0.00 Re-election of Mr S Caddy as an independent non-executive director. Ordinary resolution number 2: 254 587 202 29.50 0.00 100.00 0.00 Re-appointment of Grant Thornton as the Company’s external auditor with Mr J Barradas as the designated auditor. Election of members of the Audit 254 271 792 29.46 0.04 100.00 0.00 and Risk Committee: Ordinary resolution number 3.1: Election of Mr C Roed as a member and the Chairman of the Audit and Risk Committee. Ordinary resolution number 3.2: 254 271 792 29.46 0.04 100.00 0.00 Election of Mr S Caddy as a member of the Audit and Risk Committee. Ordinary resolution number 3.3: 254 587 202 29.50 0.00 60.58 39.42 Election of Mr Q George as a member of the Audit and Risk Committee. Ordinary resolution number 4: 254 587 202 29.50 0.00 99.72 0.28 General authority to issue shares for cash. Advisory endorsement – non- 154 218 231 17.87 11.63 99.53 0.47 binding advisory votes: Ordinary resolution number 5.1: Approval of the Company’s remuneration policy. Ordinary resolution number 5.2: 154 218 231 17.87 11.63 99.53 0.47 Approval of the Company’s remuneration implementation report. Special resolution number 1: 154 218 231 17.87 11.63 100.00 0.00 General authority for the Company to purchase its own securities. Special resolution number 2: 154 218 231 17.87 11.63 99.33 0.67 Approval of non-executive directors’ fees. Special resolution number 3: 154 218 231 17.87 11.63 99.53 0.47 General authority to provide financial assistance for the subscription of securities. Special resolution number 4: 154 218 231 17.87 11.63 99.53 0.47 General authority to provide financial assistance to related and inter-related companies. Notes: 1. As a percentage of total ordinary shares in issue. 2. As a percentage of shares voted. Rosebank 4 December 2019 Designated Advisor Questco Corporate Advisory (Pty) Ltd Date: 04-12-2019 05:38:00 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.