Results of annual general meeting ASTRAL FOODS LIMITED “Astral Foods” or the “company” (Reg. No. 1978/003194/06) (Incorporated in the Republic of South Africa) Share Code: ARL ISIN Code: ZAE000029757 RESULTS OF ANNUAL GENERAL MEETING The annual general meeting of Astral Foods (“AGM”) was held on Thursday, 6 February 2020. The detailed results of the voting are as follows: Resolution Number of Percentage For** Against** Abstained shares voted of shares in % % *** issue* % % 1. Ordinary resolution number 1: 30 411 555 70.85 100.00 0.00 0.16 To adopt the annual financial statements for the year ended 30 September 2019 2.1 Ordinary resolution number 30 442 350 70.92 100.00 0.00 0.09 2.1: To re-elect Mr S Mayet as director 2.2 Ordinary resolution number 30 442 350 70.92 100.00 0.00 0.09 2.2: To re-elect Mr WF Potgieter as director 3.1 Ordinary resolution number 30 442 350 70.92 96.20 3.80 0.09 3.1: To re-elect Dr T Eloff as director 3.2 Ordinary resolution number 30 442 350 70.92 98.64 1.36 0.09 3.2: To re-elect Mrs TM Shabangu as director 4.1 Ordinary resolution number 30 442 350 70.92 98.63 1.37 0.09 4.1: To appoint Mr DJ Fouché as member of the Audit and Risk Management Committee 4.2 Ordinary resolution number 30 442 350 70.92 100.00 0.00 0.09 4.2: To appoint Mr S Mayet as member of the Audit and Risk Management Committee 4.3 Ordinary resolution number 30 442 350 70.92 98.64 1.36 0.09 4.3: To appoint Mrs TM Shabangu as member of the Audit and Risk Management Committee 5.1 Ordinary resolution number 30 442 350 70.92 98.47 1.53 0.09 5.1: To appoint Mr GD Arnold as member of the Social and Ethics Committee 5.2 Ordinary resolution number 30 442 350 70.92 97.57 2.43 0.09 5.2: To appoint Dr T Eloff as member of the Social and Ethics Committee 5.3 Ordinary resolution number 30 440 310 70.92 98.42 1.58 0.09 5.3: To appoint Mr LW Hansen as member of the Social and Ethics Committee 5.4 Ordinary resolution number WITHDRAWN 5.4: To appoint Mrs TP Maumela as member of the Social and Ethics Committee 6. Ordinary resolution number 6: 30 442 350 70.92 76.62 23.38 0.09 To appoint PricewaterhouseCoopers Inc. as auditors for the 2020 financial year 7. Ordinary resolution number 7: 30 437 135 70.91 99.71 0.29 0.10 To confirm the authority of the Audit and Risk Management Committee to determine the remuneration of the auditors 8. Ordinary resolution number 8: 30 436 650 70.91 80.01 19.99 0.10 To endorse the company’s Remuneration Policy 9. Ordinary resolution number 9: 30 436 650 70.91 80.08 19.92 0.10 To endorse the company’s Remuneration Implementation Report 10. Ordinary resolution number 30 442 835 70.93 100.00 0.00 0.09 10: To authorise and empower any director or the company secretary to sign documentation necessary to implement the resolutions passed at the AGM 11. Special resolution number 1: 30 436 586 70.91 99.56 0.44 0.10 To approve the fees payable to non-executive directors 12. Special resolution number 2: 30 443 350 70.93 99.48 0.52 0.08 To authorise the directors to provide any direct or indirect financial assistance to related and inter-related companies as contemplated in Section 45(2) of the Act 13. Special resolution number 3: 30 443 350 70.93 99.98 0.02 0.08 To authorise the company, by way of general authority, to acquire ordinary shares in the company * Based on 42 922 235 shares in issue as at the date of the AGM. ** In relation to the total number of shares voted at the AGM. *** In relation to the total number of shares in issue as at the date of the AGM. Ordinary resolution number 5.4 was withdrawn prior to the commencement of the AGM as Mrs TP Maumela resigned as a director of Astral Foods with effect from 23 January 2020. Based on the above voting results, all resolutions were passed by the requisite majority of Astral Foods’ shareholders present in person or represented by proxy at the AGM. Pretoria 06 February 2020 Sponsor Nedbank Corporate and Investment Banking Date: 06-02-2020 04:05:00 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.