Results from general meeting ALEXANDER FORBES GROUP HOLDINGS LIMITED Incorporated in the Republic of South Africa Registration Number: 2006/025226/06 JSE Share Code: AFH and ISIN: ZAE000191516 (Alexander Forbes or the Company or Group) RESULTS FROM GENERAL MEETING The General Meeting of shareholders of Alexander Forbes was held at 10:00 on 31 March 2020. The Company confirms that the ordinary resolution put to independent shareholders at the General Meeting was passed with the requisite majority of votes. The application for the Takeover Regulation Panel (TRP) waiver exemption will be submitted to the TRP shortly and shareholders will be advised once formally approved, after which Alexander Forbes shareholders may request the Takeover Special Committee to review the TRP waiver exemption within five business days of the announcement. The General Meeting recording is now also available on the Company’s website: https://www.alexanderforbes.co.za/investorrelations/shareholder-centre/corporate-publications Votes cast Shares Shares disclosed as a voted abstained percentage of the disclosed disclosed total number of Number of as a as a Resolution shares voted at Shares Voted percentage percentage the meeting of the total of the total issued issued shares shares For Against Ordinary Resolution Number 1: Approval of the Mandatory Offer 93.10% 6.90% 965 095 051 74.94% 0.55% Waiver Carina Wessels Executive: Governance, Legal and Compliance 31 March 2020 Sandton Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 31-03-2020 12:24:00 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.