NUMERAL LIMITED - Information on Share Consolidation & Results of Special Meeting of Shareholders

Information on Share Consolidation & Results of Special Meeting of Shareholders

NUMERAL LTD
(Incorporated in the Republic of Mauritius)
(Registration number: 098177 C1/GBL)
Primary Listing SEM share code: GOLI.N0000
Secondary Listing JSE share code: XII
ISIN: MU0330N00004
("the Company" or "Numeral")

INFORMATION ON SHARE CONSOLIDATION AND RESULTS OF SPECIAL MEETING OF SHAREHOLDERS

INFORMATION ON SHARE CONSOLIDATION

Numeral Ltd is proud to announce the successful approval of its share consolidation at a 10:1 ratio, following the Special
meeting of shareholders held on Monday, 19 January 2026.

This significant milestone represents a strategic step towards enhancing the company's financial stability and
operational efficiency. By consolidating shares at this ratio, Numeral Ltd aims to strengthen its market position and
create greater value for its shareholders, fostering increased investor confidence and paving the way for future growth
and capital raises. This decision not only reflects our commitment to a robust financial framework but also positions our
shareholders to benefit from enhanced liquidity and a more favorable investment landscape.

It is important for shareholders to understand the below:

1.      Ownership proportion unchanged: Your percentage stake in Numeral remains identical.
2.      Investment value preserved: Total value of shareholding is unchanged.
3.      Claim on earnings/assets unchanged: Your proportional entitlement to dividends, earnings, and net asset value
        is unchanged.
4.      No dilution event: This is a structural recapitalization, not an issuance of new shares.

The share consolidation instead creates an environment that will be more favorable to the strategic capital raise
planned to commence this year and will improve overall institutional investor appeal.

FOR SHAREHOLDERS ON THE SOUTH AFRICAN SHARE REGISTER
 
Last day to trade prior to the consolidation                                                   Tuesday, 27 January 2026
Trading in the consolidated shares under the new ISIN Code:                                  Wednesday, 28 January 2026
MU0810N00005 commences on

FOR SHAREHOLDERS ON THE MAURITIAN SHARE REGISTER

Last day to trade prior to the consolidation                                                   Tuesday, 27 January 2026
Trading in the consolidated shares under the new ISIN Code: MU0810N00005, Security              Monday, 2 February 2026
Code: NXII.N0000 commences on

RESULTS OF SPECIAL MEETING OF SHAREHOLDERS

The Board of Directors ("Board") is pleased to announce the results of the Company's Special Meeting held on Monday,
19 January 2026, where all the resolutions proposed, as set out in the notice of Special Meeting, were passed by the
requisite majority of shareholders present and voting, in person or by proxy.

The following information is provided:

Total number of issued ordinary shares:                                                                      1 242 500 000
Total number of ordinary shares represented at the meeting:                                                    761 860 235
Percentage of total ordinary shares represented at the meeting:                                                       61.3%

The resolutions proposed at the Special Meeting, together with the percentage of votes carried for and against each
resolution, are set out below:

                                                                                                              Total number
                                                                  For           Against         Abstain       of votes cast
                                                              (% of total     (% of total     (% of total      (excluding
Resolution                                                     votes cast)     votes cast)     votes cast)     abstentions)
Special Resolution number 1:
The company will implement a consolidation of its              660 253 178     100 741 057      866 000         760 994 235
ordinary shares ("the Share Consolidation") on the                 87%             13%           0,1%              99.9%
basis that every ten (10) existing ordinary shares will
be consolidated into one (1) new ordinary share,
resulting in a ratio of 10:1 with effect from the date of
Friday, 23 January 2026 by the Mauritian Registrar of
Companies.

Ordinary resolution number 1:
Any director of the Company and the Company                    659 953178      110 410 057      866 000         760 994 235
Secretary be authorised to sign any documentation in              87%              13%           0,1%              99.9%
relation to the Share Consolidation"


This communiqué is issued pursuant to SEM Listing Rules 11.3, 12.14 and 12.20 and section 88 of the Securities Act of
Mauritius 2005 as well as the JSE Listings Requirements. The Board accepts full responsibility for the accuracy of the
information contained in these Financial Statements. The Directors are not aware of any matters or circumstances
arising subsequent to the period ended 19 January 2026 that require any additional disclosure or adjustment to the
Financial Statements.

Numeral has its primary listing on the SEM and a secondary listing on the Alternative Exchange of the JSE.

For and on Behalf of the Board
Mauritius
20 January 2026

Executive Directors:                                                                            Non-Executive Directors:
Dave van Niekerk                                                                                 Mohamed Yusuf Sooklall
Neville Graham                                                                                    Dr Aansa Devi Bedacee
Jacobus Botma

JSE Sponsor:                                                                   Management Company and Company Secretary:
AcaciaCap Advisors Proprietary Limited                                                  LTS Management Services Limited

Date: 20-01-2026 04:05:00
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