Changes to Logistical Arrangements for the Annual General Meeting Metair Investments Limited (Incorporated in the Republic of South Africa) (Registration number 1948/031013/06) ISIN: ZAE000090692 Share code: MTA (“Metair”) CHANGES TO LOGISTICAL ARRANGEMENTS FOR THE ANNUAL GENERAL MEETING Metair shareholders (“Shareholders”) are referred to the condensed audited consolidated results for the year ended 31 December 2019 and dividend announcement published on 18 March 2020 and the notice of annual general meeting (“AGM”) contained in the 2019 integrated annual report distributed to Shareholders on 18 March 2020. In light of the measures put in place by the South African Government in response to the COVID-19 pandemic and the restrictions in regard to public gatherings, Shareholders are advised that the AGM, scheduled to be held at 14h00 on Tuesday, 5 May 2020, will no longer be held in person and will only be accessible through electronic participation, as permitted in terms of clause 16.5 of Metair’s memorandum of incorporation and the Companies Act, No. 71 of 2008 (“Companies Act”). Shareholders who wish to participate in and/or vote electronically at the AGM should contact The Meeting Specialists (“TMS”) on proxy@tmsmeetings.co.za or on +27 11 520 7952/0/1 as soon as possible and by no later than Thursday, 30 April 2020 at 14h00. Shareholders may still register to participate in and/or vote electronically at the AGM after this date, provided, however, that those Shareholders are fully verified (as required in terms of section 63(1) of the Companies Act) and are registered at the commencement of the AGM. Dematerialised sharesholders would still need to submit proxies via the Central Secuties Depository Participants (“CSDP”) or obtain a letter of representation to attend the meeting. TMS will assist Shareholders with all the requirements for electronic participation and is obliged to validate the information of each Shareholder’s entitlement to participate in and/or vote at the AGM before providing it with the necessary means to access the AGM electronically and/or the electronic voting platform. Shareholders will be liable for their own network charges in relation to electronic participation in and/or voting at the AGM and it will not be for the expense of the JSE Limited (“JSE”), Metair or TMS. Neither the JSE, Metair or TMS can be held accountable in the case of loss of network connectivity or network failure due to insufficient airtime/internet connectivity/power outages which would prevent a Shareholder from participating in and/or voting at the AGM electronically. Notwithstanding the availability of the electronic voting platform, Shareholders may still submit forms of proxy to TSM (in the case of certificated shareholders and dematerialised shareholders with “own-name” registration) or provide instructions to their appointed CSDP or broker (in the case of dematerialised shareholders without “own-name” registration) by no later than 14h00 on Thursday, 30 April 2020 or the time and date stipulated by the CSDP or broker, respectively. For the avoidance of doubt, forms of proxy submitted to TSM in respect of the AGM prior to this announcement remain valid. Johannesburg 17 April 2020 Sponsor One Capital Date: 17-04-2020 03:03:00 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.