Results of the annual general meeting AFRICAN DAWN CAPITAL LIMITED Incorporated in the Republic of South Africa (Registration number: 1998/020520/06) Share code: ADW ISIN Code: ZAE000223194 (“Afdawn” or “the Company”) RESULTS OF THE ANNUAL GENERAL MEETING Shareholders are hereby advised that at the annual general meeting of the Company held at 10:00 on Friday, 29 September 2023, at the offices of Elite Group, Horizon Shopping Centre, 3rd Floor, Corner Sonop and Ontdekkers Roads, Horizon View, Roodepoort (“AGM”), all of the resolutions were passed by the requisite majorities of the Company’s shareholders. Details of the results of the voting at the AGM are as follows: Votes Votes for the against the Number of resolution as resolution as shares voted Number of a percentage a percentage at the AGM shares of the total of the total as a abstained as Resolutions number of number of Number of percentage a percentage proposed at the shares voted shares voted shares voted of shares in of shares in AGM at the AGM at the AGM at the AGM issue* issue* Ordinary resolution number 1: Re-election of Mr B Stagman as an independent non- executive director 99.903% 0.097% 39 731 192 54.048% 0.176% Ordinary resolution number 2: Re-election of Mr S Blieden as a non- executive director 99.903% 0.097% 39 731 192 54.048% 0.176% Ordinary resolution number 3: Re-appointment of Mr B Stagman to the audit and risk committee 99.903% 0.097% 39 731 192 54.048% 0.176% Ordinary resolution number 4: Re-appointment of Mr S Blieden to the audit and risk committee 99.903% 0.097% 39 731 192 54.048% 0.176% Ordinary resolution number 5: Appointment of the independent registered auditor 99.903% 0.097% 39 731 192 54.048% 0.176% Ordinary resolution number 6: Non-binding endorsement of the Company’s remuneration policy 99.900% 0.100% 39 729 692 54.045% 0.178% Ordinary resolution number 7: General authority to issue ordinary shares for cash 99.994% 0.006% 39 729 692 54.045% 0.178% Ordinary resolution number 8: Approval and adoption of the Afdawn Zero-Cost Option Plan 99.900% 0.100% 39 729 692 54.045% 0.178% Special resolution number 1: Approval of the non- executive directors’ fees 99.903% 0.097% 39 731 192 54.048% 0.176% Special resolution number 2: General approval to acquire own shares 99.899% 0.101% 39 731 192 54.048% 0.176% Special resolution number 3: Inter-company financial assistance 99.994% 0.006% 39 731 192 54.048% 0.176% Special resolution number 4: Financial assistance for the subscription and/or purchase of shares in the Company or a related or inter- related company 99.997% 0.003% 39 731 192 54.048% 0.176% Note: *Total number of shares in issue as at the date of the AGM was 73 511 608. Johannesburg 2 October 2023 Designated Advisor PSG Capital Date: 02-10-2023 08:36:00 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.