Results of Annual General Meeting ("AGM") LABAT AFRICA LIMITED (Incorporated in the Republic of South Africa) (Registration number 1986/001616/06) (“Labat” or “the Company”) ISIN Code: ZAE 000018354 Share code: LAB RESULTS OF ANNUAL GENERAL MEETING (“AGM”) Further to the announcement released on SENS on 14 December 2018, shareholders are advised that at the AGM of Labat held on 26 February 2019, convened in terms of the notice of AGM contained in the Annual Report, the voting information is as follows: Number of ordinary shares represented at the meeting 155 312 515 Total issued number of ordinary shares 292 088 922 Percentage of ordinary shares represented at the meeting 53.17% The resolutions proposed at the annual general meeting, 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 – 155 032 395 200 000 80 120 155 232 395 Approval of Financial Statements (99.87%) (0.13% (0.05%) (100.00%) Ordinary Resolution Number 2 – 154 982 395 250 000 80 120 155 232 395 Director appointment - Mr NS Mogapi (99.84%) (0.16%) (0.05%) (100.00%) Ordinary Resolution Number 3 – 154 982 395 250 000 80 120 155 232 395 Director appointment – Mr GRI Walters (99.84%) (0.16%) (0.05%) (100.00%) Ordinary Resolution Number 4 – 154 982 395 250 000 80 120 155 232 395 Director retirement and re-election – Ms (99.84%) (0.16%) (0.05%) (100.00%) BA Penny Ordinary Resolution Number 5 – 154 982 395 250 000 80 120 155 232 395 Re-appointment and remuneration of (99.84%) (0.16%) (0.05%) (100.00%) auditors Ordinary Resolution Number 6 – 154 982 395 250 000 80 120 155 232 395 Appointment of Audit Committee (99.84%) (0.16%) (0.05%) (100.00%) member – Mr R Mohamed Ordinary Resolution Number 7 – 154 982 395 250 000 80 120 155 232 395 Appointment of Audit Committee (99.84%) (0.16%) (0.05%) (100.00%) member – Ms BA Penny Ordinary resolution Number 8 - 154 982 395 250 000 80 120 155 232 395 Re-appointment of Audit Committee (99.84%) (0.16%) (0.05%) (100.00%) member – Ms RM Majiedt Ordinary Resolution Number 9 – 154 982 395 250 000 80 120 155 232 395 Endorsement of Labat’s Remuneration (99.84%) (0.16%) (0.05%) (100.00%) Policy Ordinary Resolution Number 10 – 154 982 395 250 000 80 120 155 232 395 Endorsement of the implementation of (99.84%) (0.16%) (0.05%) (100.00%) Labat’s Remuneration Policy Ordinary Resolution Number 11 – 154 582 395 250 000 480 120 154 832 395 General authority to allot and issue (99.84%) (0.16%) (0.31%) (100.00%) shares for cash Special resolution number 1 – Authority to 154 582 395 250 000 480 120 154 832 395 issue shares that may exceed 30% of the (99.84%) (0.16%) (0.31%) (100.00%) voting power of the current issued share capital Special resolution Number 2 – Non- 154 982 395 250 000 80 120 155 232 395 Executive Director’s Remuneration (99.84%) (0.16%) (0.05%) (100.00%) Special resolution Number 3 – General 154 982 395 250 000 80 120 155 232 395 authority to enter into funding (99.84%) (0.16%) (0.05%) (100.00%) agreements, provide loans or other financial assistance Special resolution Number 4 – General 154 982 395 250 000 80 120 155 232 395 authority to repurchase the Company’s (99.84%) (0.16%) (0.05%) (100.00%) securities By order of the board. Johannesburg 27 February 2019 Sponsor Arbor Capital Sponsors Proprietary Limited Date: 27/02/2019 04:36:00 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.