Amendment To Special Resolution Relating To The General Authority To Repurchase Shares Libstar Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2014/032444/06) JSE share code: LBR ISIN: ZAE000250239 (“Libstar” or the "Company") AMENDMENT TO SPECIAL RESOLUTION RELATING TO THE GENERAL AUTHORITY TO REPURCHASE SHARES Shareholders are referred to the announcement relating to the notice of the Annual General Meeting (“AGM”) of the Company which was distributed on 30 April 2020, and more specifically Special Resolution Number 3, namely the General authority for the repurchase of the Company’s shares (“the Special Resolution”). Subsequent to the distribution of the AGM notice, Libstar has received communication from certain shareholders on the Special Resolution advising that the Company should consider setting a limit on the number of shares that can be repurchased. Having considered these inputs, the board of directors of the Libstar has decided to amend the Special Resolution by setting a limit on the repurchase of shares by the Company, to 5% of the aggregate number of ordinary shares that were in issue on 30 April 2020 (date of the notice of the AGM) which constituted 681 921 408 ordinary shares. An amended notice of AGM is available on the Company’s website at www.libstar.co.za Johannesburg 5 June 2020 Sponsor The Standard Bank of South Africa Limited Date: 05-06-2020 04:15:00 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.