Results of the Annual General Meeting ("AGM") and Change to the Board PEMBURY LIFESTYLE GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 2013/205899/06) (“PL Group” or “the Company”) ISIN Code: ZAE000222949 JSE Code: PEM RESULTS OF ANNUAL GENERAL MEETING (“AGM”) AND CHANGE TO THE BOARD Shareholders are advised that the Company’s AGM was held on Thursday, 1 November 2018. Details of the results of voting were as follows: Total number of shares in issue at the date of the AGM: 400 587 500 Total number of shares represented at the AGM: 294 644 821 Total percentage of shares represented at the AGM: 73.55% The resolutions proposed at the AGM, together with the percentage of votes carried for and against each resolution, are set out below: Number of votes For Against Abstain Total Votes % % (% of issued (excluding share capital) abstentions) Ordinary Resolution Number 1 – 294 171 991 73 830 399 000 294 245 821 Presentation and acceptance of 99.97% 0.03% 0.10% 73.45% annual financial statements Ordinary Resolution Number 2 – 176 163 840 118 097 981 383 000 294 261 821 Director appointment – NZ Mthembu 59.87% 40.13% 0.10% 73.46% Ordinary Resolution Number 3 – 76 166 840 218 094 981 383 000 294 261 821 Director retirement and re-election – 25.88% 74.12% 0.10% 73.46% B Moyo Ordinary Resolution Number 4 – 233 862 537 60 399 284 383 000 294 261 821 Director retirement and re-election – 79.47% 20.53% 0.10% 73.46% GN Waters Ordinary Resolution Number 5 – 293 646 369 607 452 391 000 294 253 821 Re-appointment and remuneration of 99.79% 0.21% 0.10% 73.46% Auditors Ordinary Resolution Number 6 – 75 966 840 218 294 981 383 000 294 261 821 Appointment of Audit and Risk 25.82% 74.18% 0.10% 73.46% Committee member – B Moyo Ordinary Resolution Number 7 – 235 767 037 630 452 58 247 332 236 397 489 Appointment of Audit and Risk 99.73% 0.27% 14.54% 59.01% Committee member – C Hechter Ordinary Resolution Number 8 – 293 619 369 642 452 383 000 294 261 821 Appointment of Audit and Risk 99.78% 0.22% 0.10% 73.46% Committee member – L Brits Ordinary Resolution Number 9 – 235 880 789 545 700 58 218 332 236 426 489 Endorsement of Pembury’s 99.77% 0.23% 14.53% 59.02% Remuneration Policy Ordinary resolution Number 10 - 235 780 789 645 700 58 218 332 236 426 489 Endorsement of the implementation of 99.73% 0.27% 14.53% 59.02% Pembury’s Remuneration Policy Special Resolution Number 1 – 293 487 243 830 578 327 000 294 317 821 General authority to allot and issue 99.72% 0.28% 0.08% 73.47% shares for cash Special Resolution Number 2 – 235 434 289 58 883 532 327 000 294 317 821 Authority to issue shares or rights that 79.99% 20.01% 0.08% 73.47% may exceed 30% of voting power Special Resolution Number 3 – 248 928 292 45 397 529 319 000 294 325 821 Ratification of non-executive director’s 84.58% 15.42% 0.08% 73.47% remuneration – NZ Mthembu Special Resolution Number 4 – 293 612 121 711 700 321 000 294 323 821 Non-Executive directors’ remuneration 99.76% 0.24% 0.08% 73.47% Special Resolution Number 5 – 293 780 243 491 578 373 000 294 271 821 Financial assistance in terms of Section 99.83% 0.17% 0.09% 73.46% 44 of the Companies Act Special Resolution Number 6 – 293 780 243 491 578 373 000 294 271 821 Financial assistance in terms of Section 99.83% 0.17% 0.09% 73.46% 45 of the Companies Act Special Resolution Number 7 – 236 077 659 58 221 162 346 000 294 298 821 Ratification of repurchase of shares 80.22% 19.78% 0.09% 73.47% Special Resolution Number 9 – 235 248 807 57 897 162 1 498 852 293 145 969 General authority to acquire 80.25% 19.75% 0.37% 73.18% (repurchase) shares Shareholders are advised that special resolution number 8 was not proposed. Shareholders are further advised that ordinary resolution numbers 3 and 6 were not approved and accordingly Mr Moyo retires from the Board and as a member of the Audit and Risk Committee. This retirement will result in a vacancy on the Audit and Risk Committee. The Board will commence with the process of identifying candidates to fill this vacancy in order to ensure the correct composition of this Committee. By order of the board Johannesburg 5 November 2018 Designated Advisor Arbor Capital Sponsors Date: 05/11/2018 01:20:00 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.