Results of General Meeting ELLIES HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2007/007084/06) JSE share code: ELI ISIN: ZAE000103081 ("Ellies" or the "Company") Results of General Meeting Shareholders are referred to the announcement released on SENS on Thursday, 25 April 2019 relating to ratification of the appointment and re-appointment of Directors to the Board, appointment of the Audit and Risk Committee and approval of the remuneration of Non-Executive Directors. Shareholders were also advised that a Circular has been posted to them on Thursday, 25 April 2019 containing the relevant information relating to the appointment of new Directors and re-appointment of Directors, appointment of the Audit and Risk Committee members and Non-Executive Directors’ remuneration payable, and the notice convening a General Meeting of Shareholders in order for them to consider and, if deemed fit, approve, with or without amendment, the Resolutions. Capitalised terms used in this announcement that are not otherwise defined, bear the meanings ascribed to them in the Circular. Shareholders are advised that at the General Meeting of Ellies Shareholders held on Monday, 27 May 2019, all the relevant resolutions were passed by the requisite majority of Shareholders. Details of the results of the General Meeting are as follows: Total number of shares entitled to vote: 620 158 235. Total number of shares that were present/represented at the General Meeting: 317 489 073, representing 51.19% of the total number of Ellies shares that could have been voted at the General Meeting. Number of % of For Against Abstained, in relation to shares voted shares total shares in issue Resolution proposed voted Shares % Shares % Shares % Ordinary resolution number 1: 312 224 470 50.35 311 527 758 99.78 696 712 0.22 5 264 603 0.85 Ratification and confirmation of the appointment of Mr Francois Olivier as an Independent Non-Executive Director of the Board of Directors of the Company Ordinary resolution number 2: 312 221 670 50.35 311 524 958 99.78 696 712 0.22 5 267 403 0.85 Ratification and confirmation of the appointment of Mr Edward Raff as an Independent Non-Executive Director of the Board of Directors of the Company Ordinary resolution number 3: 312 224 470 50.35 311 527 758 99.78 696 712 0.22 5 264 603 0.85 Ratification and confirmation of the appointment of Mr Timothy Fearnhead as an Independent Non- Executive Director and Chairperson of the Board of Directors of the Company Ordinary resolution number 4.1: 312 224 470 50.35 311 527 758 99.78 696 712 0.22 5 264 603 0.85 Election of Mr Edward Raff as a member and Chairperson of the Audit and Risk Committee Ordinary resolution number 4.2: 312 224 470 50.35 311 527 758 99.78 696 712 0.22 5 264 603 0.85 Election of Mr Francois Olivier as a member of the Audit and Risk Committee Ordinary resolution number 4.3: 312 224 470 50.35 311 522 758 99.78 701 712 0.22 5 264 603 0.85 Election of Mr Martin Kuscus as a member of the Audit and Risk Committee Ordinary resolution 5: 312 147 299 50.33 311 435 357 99.77 711 942 0.23 5 341 774 0.86 Re-appointment of the CEO, Dr Shaun Prithivirajh as an executive director Ordinary resolution 6: 312 224 470 50.35 311 519 958 99.77 704 512 0.23 5 264 603 0.85 Appointment of the CFO, Mr Christiaan Booyens as an executive director Special resolution number 1: 312 421 086 50.38 310 808 654 99.48 1 612 432 0.52 5 067 987 0.82 Remuneration payable to non- executive directors Ordinary resolution number 7: 312 523 040 50.39 311 826 328 99.78 696 712 0.22 4 966 033 0.80 To authorise the directors and Company Secretary as signatories 27 May 2019 Johannesburg Company Secretary Lindie Lankalebalelo Transaction Sponsor Deloitte & Touche Sponsor Services Proprietary Limited Company Sponsor Java Capital Trustees and Sponsors Proprietary Limited Date: 27/05/2019 04:47:00 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.