No change statement, notice of AGM and BBBEE annual compliance report South Ocean Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 2007/002381/06) (“South Ocean” or “the Company”) Share code: SOH ISIN: ZAE000092748 NO CHANGE STATEMENT, NOTICE OF ANNUAL GENERAL MEETING AND BROAD-BASED BLACK ECONOMIC EMPOWERMENT ACT ("THE ACT"): ANNUAL COMPLIANCE REPORT No Change Statement Shareholders are advised that the Company’s integrated report incorporating the financial statements for the financial year ended 31 December 2018 will be posted to shareholders on or about Tuesday, 30 April 2019 and is available on the Company’s website, www.southoceanholdings.co.za. The audited financial statements contain no changes to the audited consolidated financial results for the period ended 31 December 2018, released on the Stock Exchange News Service of the JSE Limited on 25 March 2019. The audit opinion did not contain any qualifications or modifications and is available for inspection at the Company’s registered office. Notice of Annual General Meeting Notice is hereby given that the annual general meeting of ordinary shareholders will be held at 11:00 on Friday, 26 July 2019, at the Conference Room, 16 Botha Street, Alrode, to transact the business as stated in the notice of annual general meeting forming part of the integrated report. Record Dates The Board of Directors of the Company has determined that the record date for the purposes of determining which shareholders of the Company are entitled to receive notice of the annual general meeting is Friday, 20 April 2019. The last day to trade in order to be eligible to vote at the annual general meeting will be Tuesday, 16 July 2019. The record date on which shareholders of the Company must be registered as such in the Company’s securities register in order to attend and vote at the meeting is Friday, 19 July 2019. Broad-Based Black Economic Empowerment Act ("the Act"): Annual Compliance Report Shareholders are hereby notified that in accordance with paragraph 16.20 (g) and Appendix 1 to Section 11 of the JSE Listings Requirements, the Company’s Annual Compliance Report, in terms of section 13G(2) of the Act, has been published and is available on the Company’s website, www.southoceanholdings.co.za. Shareholders are further advised that South Ocean operations are conducted through its subsidiaries or associates, which BEE compliance levels are published on the website. By order of the Board Alrode 30 April 2019 Sponsor Arbor Capital Sponsors Proprietary Limited Date: 30/04/2019 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.