Results of Annual General Meeting Insimbi Industrial Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2002/029821/06) Share code: ISB ISIN: ZAE000116828 (“the Company”) RESULTS OF ANNUAL GENERAL MEETING Insimbi ordinary shareholders are advised that at the annual general meeting (“AGM”) of shareholders held at Stand 359 Crocker Road, Wadeville, Extension 4, Germiston on Thursday, 4 July 2019 at 10h00, all the ordinary and special resolutions as set out in the notice of AGM, were approved by the requisite majority of shareholders present or represented by proxy. The total number of Insimbi shares in issue at the date of the AGM is 428 461 538.The number of ordinary Insimbi shares voted in person or by proxy was 285 007 339 representing 67% of the total ordinary issued share capital of the same class of Insimbi ordinary shares. All resolutions proposed at the AGM, together with the percentage of shares abstained (as a percentage of total issued share capital of the Company), shares voted (as a percentage of total issued share capital of the Company) as well as the percentage of votes carried for and against each resolution (as a percentage of shares voted), are as follows: Ordinary resolution number 1 – Adoption of the Annual Financial Statements Shares voted FOR AGAINST ABSTAIN 284 951 215 99.99% 0.01% 0.01% Ordinary resolution number 2 – Confirmation of appointment of Mr N Mwale Shares voted FOR AGAINST ABSTAIN 284 941 215 99.99% 0.01% 0.02% Ordinary resolution number 3 – Appointment of Mr RI Dickerson to the Audit and Risk Committee Shares voted FOR AGAINST ABSTAIN 284 951 215 99.99% 0.01% 0.01% Ordinary resolution number 4 – Appointment of Ms IP Mogotlane to the Audit and Risk Committee Shares voted FOR AGAINST ABSTAIN 284 941 215 99.99% 0.01% 0.02% Ordinary resolution number 5 – Appointment of Ms CS Ntshingila to the Audit and Risk Committee Shares voted FOR AGAINST ABSTAIN 284 941 215 99.99% 0.01% 0.02% Ordinary resolution number 6 – Appointment of PricewaterhouseCoopers as external Auditors with JP van Staden as designated auditor Shares voted FOR AGAINST ABSTAIN 284 951 215 99.99% 0.01% 0.01% Ordinary resolution number 7 – Indemnification of directors Shares voted FOR AGAINST ABSTAIN 284 951 215 99.98% 0.02% 0.01% Ordinary resolution number 8 – General authority to issue shares/convertible shares or options for cash Shares voted FOR AGAINST ABSTAIN 284 951 215 99.99% 0.01% 0.01% Non-binding advisory vote 1 – Remuneration Policy Shares voted FOR AGAINST ABSTAIN 284 951 215 99.98% 0.02% 0.01% Non-binding advisory vote 2 – Implementation Report Shares voted FOR AGAINST ABSTAIN 284 951 215 99.99% 0.01% 0.01% Special resolution number 1 – Approval of Non-executive directors’ fees Shares voted FOR AGAINST ABSTAIN 284 951 215 99.98% 0.02% 0.01% Special resolution number 2 – General approval to repurchase company shares Shares voted FOR AGAINST ABSTAIN 284 951 215 99.99% 0.01% 0.01% Special resolution number 3 – Loans or financial assistance to subsidiaries and related or inter- related companies Shares voted FOR AGAINST ABSTAIN 284 951 215 99.99% 0.01% 0.01% Johannesburg 4 July 2019 Sponsor: Bridge Capital Advisors Proprietary Limited Date: 04/07/2019 05:22:00 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.