Integrated Annual Report, No Change Statement and Notice of Annual General Meeting BELL EQUIPMENT LIMITED (Incorporated in the Republic of South Africa) (Registration number 1968/013656/06 Share code: BEL ISIN: ZAE000028304 ("Bell Equipment" or “the Company”) INTEGRATED ANNUAL REPORT, NO CHANGE STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING Integrated annual report and no change statement Bell Equipment shareholders are advised that the integrated annual report of the Company for the year ended 31 December 2019 (“integrated annual report”), which incorporates the summarised consolidated annual financial statements and the notice of the annual general meeting, will be distributed to Bell Equipment shareholders today, Friday 12 June 2020. The integrated annual report is also available on the Company’s website (www.bellir.co.za). The audited summarised consolidated annual financial statements contain no modifications to the audited annual financial statements for the year ended 31 December 2019 released on the Stock Exchange News Service of the JSE on Friday 29 May 2020. The audited annual financial statements are audited by Deloitte & Touche whose unmodified audit report is contained in the audited annual financial statements which are available on the Company’s website (www.bellir.co.za). Notice of the annual general meeting Notice is hereby given that the 52nd annual general meeting (“AGM”)of Bell Equipment Limited shareholders will be accessible through electronic communication, as permitted by the JSE Limited and the provisions of the Companies Act and the Company's Memorandum of Incorporation, on Wednesday 15 July 2020 at 11h00, to consider and, if deemed fit, to pass with or without modification all of the ordinary and special resolutions set out in the notice of AGM forming part of the integrated annual report. The notice of AGM, the Form of Proxy and the Electronic Participation and Verification Form are also available on the Company’s website (www.bellir.co.za). The Company has retained the services of The Meeting Specialist Proprietary Limited ("TMS") to remotely host the AGM on an interactive electronic platform, in order to facilitate remote participation and voting by shareholders. Our transfer secretaries, Link Market Services SA Proprietary Limited (“Link”), will act as scrutineer and will assist with the verification of shareholders wishing to participate in the AGM in person and the holders of proxies. Shareholders or their proxies who wish to electronically participate in and/or vote at the AGM (“Participants”) must deliver a duly completed Electronic Participation and Verification Form (“the Form”) attached to the Notice of AGM plus the relevant documentation referred to in the Form to Link via email to meetingservices@linkmarketservices.co.za and forward the Form and documentation to TMS via email on proxy@tmsmeetings.co.za or contact TMS on proxy@tmsmeetings.co.za or alternatively contact them on +27 11 520 7950/1/2. Each Participant, who has delivered the Form duly completed with the relevant documentation referred to in that Form, will be verified by Link. Participants, once verified, will be contacted by Link or TMS, as the case may be, between Friday, 10 July 2020 and Monday 13 July 2020 via the email address or cellphone number as set out on the Form and provided with a unique link to allow participation in the AGM. If any of the documents referred to in the Form are not delivered to Link or if the Form has not been duly completed then it will not be possible for Link to complete the verification and accordingly the Participant in question will not be furnished with the unique link to participate at the AGM. Only the Participant as verified is permitted to use the unique link. Aside from the costs incurred by the Company as a result of retaining the services of TMS including making the interactive platform available, shareholders will be liable for their own charges in relation to electronic Participation at the AGM. Any such charges will not be for the account of the JSE, the Company, Link or TMS. None of the JSE, the Company, Link or TMS can be held accountable in the case of loss of network connectivity or other network failure due to insufficient airtime, internet connectivity, internet bandwidth and/or power outages which prevents any shareholder from participating in and/or voting at the AGM. Certificated shareholders or own name shareholders who are unable to attend the AGM by electronic communication are encouraged to appoint a proxy to represent it/him/her at the AGM by completing the Form of Proxy and returning it to Link by email to meetingservices@linkmarketservices.co.za and forwarding the Form of Proxy to TMS at proxy@tmsmeetings.co.za. Shareholders are strongly encouraged to submit votes by proxy before the meeting. If dematerialised shareholders wish to participate in the AGM, they should instruct their Central Securities Depository Participant (“CSDP”) or Broker to issue them with the necessary letter of representation to participate in the AGM, in the manner stipulated in your custody agreement. These instructions must be provided to the CSDP or broker by the cut-off time and date advised by the CSDP or broker, to accommodate such requests. Kindly ensure that TMS is copied in when submitting all letters of representation and Forms to Link. Salient dates The notice of the Company’s AGM has been sent to its shareholders who were recorded as such in the Company’s securities register on Friday 5 June 2020 being the notice record date used to determine which shareholders are entitled to receive notice of the AGM. The record date on which shareholders of the Company must be registered as such in the Company’s securities register in order to attend and vote at the AGM is Friday 10 July 2020 being the voting record date used to determine which shareholders are entitled to attend and vote at the AGM. The last day to trade in order to be entitled to vote at the AGM will therefore be Tuesday 7 July 2020. Richards Bay 12 June 2020 Sponsor INVESTEC BANK LIMITED Date: 12-06-2020 05:00:00 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.