Results of the Annual General Meeting South Ocean Holdings Limited (Registration number 2007/002381/06) Incorporated in the Republic of South Africa (“South Ocean Holdings”, “the Group”) Share code: SOH ISIN: ZAE000092748 RESULTS OF THE ANNUAL GENERAL MEETING Shareholders are advised that the Annual General Meeting (“AGM”) of shareholders was held on Monday, 3 August 2020 and the details of the results of voting at the AGM are as follows: - Total number of South Ocean Holdings shares in issue at the date of the AGM: 203 276 794 - Total number of South Ocean Holdings that were present/represented at the AGM: 160 295 203, being 78.86% of the total number of ordinary shares that could have been voted on at the AGM. Abstain Total Votes Resolution proposed For Against: (% of issued (excluding % % share capital) abstentions) Ordinary resolution number 1 – Adoption of annual financial statements 100.00% 0.00% 0.00% 160 295 203 Ordinary resolution number 2 – Appointment of the auditors and designated auditor 93.77% 6.23% 0.00% 160 295 203 Ordinary resolution number 3 – Re-election of Ms M Chong as a director 100.00% 0.00% 0.00% 160 295 203 Ordinary resolution number 4 – Re-election of Mr J H Yeh as a director 100.00% 0.00% 00.0% 160 295 203 Ordinary resolution number 5 – Re-election of Mr H L Li as a director 100.00% 0.00% 0.00% 160 295 203 Ordinary resolution number 6 – Re-election of Mr C F Chen as a director 100.00% 0.00% 0.00% 160 295 203 Ordinary resolution number 7 – Appointment of Audit and Risk Management Committee member – Ms N Lalla 100.00% 0.00% 0.00% 160 295 203 Ordinary resolution number 8 – Appointment of Audit and Risk Management Committee member – Mr H L Li 100.00% 0.00% 0.00% 160 295 203 Ordinary resolution number 9 – Appointment of Audit and Risk Management Committee member – Mr K H Pon 100.00% 0.00% 0.00% 160 295 203 Ordinary resolution number 10.1 – Approval of Remuneration Report 92.95% 7.05% 0.00% 160 295 203 Ordinary resolution number 10.2 – Approvalof Remuneration Implementation Report 100.00% 0.00% 0.00% 160 295 203 Special resolution number 1 – Approval of Non-executive Directors fees for 2020 and the quarters ending 31 March 2021 and 30 June 2021 92.95% 7.05% 0.00% 160 295 203 Special resolution number 2 – Approval of loans or other financial assistance to related or inter-related companies 100.00% 0.00% 0.00% 160 295 203 Ordinary resolution number 11 - Directors’ and Company Secretary’s authority to implement ordinary and special resolutions 100.00% 0.00% 0.00% 160 295 203 Johannesburg 4 August 2020 Sponsor AcaciaCap Advisors Proprietary Limited Date: 04-08-2020 07:05:00 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.