Results of Annual General Meeting and Retirement of Director SYGNIA LIMITED (Incorporated in the Republic of South Africa) (Registration number 2007/025416/06) Share code on the JSE and A2X: SYG ISIN: ZAE000208815 (“Sygnia” or the “Company”) RESULTS OF ANNUAL GENERAL MEETING AND RETIREMENT OF DIRECTOR Sygnia shareholders are advised that all the ordinary and special resolutions in the Notice of the Annual General Meeting (“AGM”) dated 7 December 2020 and tabled at the Company’s AGM held on Thursday, 28 January 2021, were passed by the requisite majority of votes of shareholders present by means of electronic participation or represented by proxy. The following information is provided: Total issued number of ordinary shares: 149 611 319 Number of ordinary shares represented at the AGM: 113 867 659 Percentage of ordinary shares represented at the AGM: 76.11% Details of the voting results are set out below: Resolution Number of Percentage of For** Against** Abstained* shares voted shares voted* Ordinary Resolution 1: Appointment of auditor of the 113 819 860 76.08% 99.93% 0.07% 0.03% Company Ordinary Resolution 2.1: Re-election of the non-executive 113 819 860 76.08% 99.99% 0.01% 0.03% director - Prof H Bhorat Ordinary Resolution 2.2: Re-election of the non-executive Resolution withdrawn director - Mr A Crawford-Brunt Ordinary Resolution 3.1: Election of non-executive director 113 819 860 76.08% 99.99% 0.01% 0.03% appointed during the year - Ms C Appana Ordinary Resolution 3.2: Election of non-executive director 113 819 860 76.08% 99.99% 0.01% 0.03% appointed during the year - Mr H Mayers Ordinary Resolution 4.1: Election of Audit and Risk Committee 113 819 860 76.08% 100.00% 0.00% 0.03% member - Mr G Cavaleros (Chairman) Ordinary Resolution 4.2: Election of Audit and Risk Committee 113 819 860 76.08% 99.99% 0.01% 0.03% member - Ms C Appana Ordinary Resolution 5: Authority to issue ordinary shares for 113 741 429 76.02% 99.52% 0.48% 0.08% cash Ordinary Resolution 6: Control of authorised but unissued 113 743 688 76.03% 99.52% 0.48% 0.08% shares Ordinary Resolution 7: Non-binding advisory vote on the 111 055 819 74.23% 99.34% 0.66% 1.88% Sygnia remuneration policy Ordinary Resolution 8: Non-binding advisory vote on the 111 128 132 74.28% 99.52% 0.48% 1.83% Sygnia implementation report Ordinary Resolution 9: Authority to directors and company 113 818 260 76.08% 100.00% 0.00% 0.03% secretary to implement special and ordinary resolutions Special Resolution 1: Approval of remuneration of non- 113 819 860 76.08% 96.88% 3.12% 0.03% executive directors Special Resolution 2: Authority to repurchase shares 113 819 860 76.08% 99.76% 0.24% 0.03% Special Resolution 3: Approval to provide financial 113 818 260 76.08% 99.73% 0.27% 0.03% assistance to subsidiaries and related or inter-related companies Special Resolution 4: Approval to provide financial 113 816 001 76.07% 99.82% 0.18% 0.03% assistance for the subscription or purchase of securities *Based on 149 611 319 shares in issue as at the date of the AGM. **Based on the total number of shares present by means of electronic participation or by proxy at the AGM. ***As a percentage of 149 611 319 shares in issue as at the date of the AGM. RETIREMENT OF DIRECTOR In compliance with paragraph 3.59 of the JSE Listings Requirements, shareholders are advised that, prior to the Company’s Annual General Meeting referred to above, Mr Andre Crawford-Brunt withdrew his availability for re- election as a non-executive director of the Company. Mr Crawford-Brunt has accordingly retired as a non-executive director of the Company with effect from 28 January 2021 in accordance with the director rotation provisions of the Company’s Memorandum of Incorporation. The Sygnia board expresses its sincere thanks to Mr Crawford-Brunt for his contribution to the growth of the Company over the past two years. Cape Town 28 January 2021 Sponsor: The Standard Bank of South Africa Limited Date: 28-01-2021 05:23:00 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.