Results Of The Annual General Meeting NIVEUS INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1996/005744/06) Share code: NIV ISIN: ZAE000169553 (“Niveus” or “the Company”) RESULTS OF THE ANNUAL GENERAL MEETING Shareholders are hereby advised that at the annual general meeting of the Company held at 08:00 today, Monday, 22 October 2018 at the offices of Hosken Consolidated Investments Proprietary Limited, Suite 801, 76 Regent Road, Sea Point (“AGM”), all of the resolutions were passed by the requisite majorities of the Company’s shareholders, with the exception of ordinary resolution number 1.3 which were withdrawn prior to the AGM. Details of the results of the voting at the AGM are as follows: Votes Votes for against resolution resolution as a as a Number of Number of percentag percentage shares shares e of total of total voted at abstained number of number of Number of AGM as a as a shares shares shares percentage percentage Resolutions voted at voted at voted at of shares in of shares in proposed at the AGM AGM AGM AGM issue issue Ordinary resolution number 1: Retirement, re-election and confirmation of appointment of directors - 91 439 374 76.73% - 1.1 Mr Y Shaik 100% 1.2 Mr JG Ngcobo 99.89% 0.11% 91 439 374 76.73% - 1.3 Mr A van der Veen withdrawn - - - - 1.4 Mr AF Pereira 100% - 91 439 374 76.73% - Ordinary resolution number 2: Re-appointment of external auditor 97.45% 2.55% 91 234 505 76.56% 0.17% Ordinary resolution number 3: Re-appointment of members of the audit and risk committee: 3.1 Dr LM Molfi 99.75% 0.25% 91 439 374 76.73% - 3.2 Mr JG Ngcobo 99.97% 0.03% 91 439 374 76.73% - 3.3 Ms RD Watson 99.97% 0.03% 91 439 374 76.73% - Ordinary resolution number 4: 99.97% 0.03% 91 439 374 76.73% - General authority over authorised but unissued shares Ordinary resolution number 5: Directors’ authority to implement Company resolutions 100% - 91 439 374 76.73% - Non-binding advisory vote 1: Non-binding advisory vote on the Company’s remuneration policy 97.20% 2.80% 91 437 374 76.73% - Non-binding advisory vote 2: Non-binding advisory vote on the Company’s implementation report on the remuneration policy 97.20% 2.80% 91 439 374 76.73% - Special resolution number 1: General authority to issue ordinary shares, options and convertible securities for cash 99.97% 0.03% 91 439 374 76.73% - Special resolution number 2: Approval of annual fees to be paid to non- executive directors 100% - 91 430 374 76.73% 0.01% Special resolution number 3: General authority to repurchase Company shares 99.97% 0.03% 91 439 374 76.73% - Special resolution number 4: Shareholders’ general authorisation of financial assistance 97.43% 2.57% 91 439 374 76.73% - Note: Total number of shares in issue as at the date of the AGM was 119 162 734. Cape Town 22 October 2018 Sponsor PSG Capital Date: 22/10/2018 03:20:00 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.