Results of the Annual General Meeting eMEDIA HOLDINGS LIMITED (formerly Seardel Investment Corporation Limited) (Incorporated in the Republic of South Africa) Registration number: 1968/011249/06 JSE share code: Ordinary Shares EMH IZIN: ZAE000208898 N ordinary Shares EMN IZIN: ZAE000209524 ("eMEDIA HOLDINGS" or the "GROUP") RESULTS OF THE ANNUAL GENERAL MEETING 1. INTRODUCTION eMedia ordinary shareholders and N-ordinary shareholders (collectively, the "eMedia Shareholders") are advised that at the Annual General Meeting (“AGM”) of eMedia held on Thursday 12 September 2019, all the resolutions, as set out in the notice of AGM and proposed at the meeting were passed, without modification, by the requisite majority of eMedia Shareholders. 2. RESULTS OF THE VOTING AT THE ANNUAL GENERAL MEETING The resolutions were voted on as follows: % of Number of shares issued Total number of shares Ords share 84% 53 412 917 present/represented capital including proxies at meeting (including N Ords 89% 339 995 787 shares abstained from voting) Number of votes (one vote per share) For Against Abstain ORDINARY RESOLUTIONS 1.1 Re-election of director: John Copelyn Ords 52 918 369 490 939 3 609 99.08% 0.92% 0.01% 338 895 962 1 099 825 - N Ords 99.68% 0.32% 0% 1.2 Re-election of director: Elias Mphande Ords 53 409 308 - 3 609 100% 0% 0.01% N Ords 339 933 613 62 174 - 99.98% 0.02% 0% 1.3 Re-election of director: Rachel Watson Ords 52 918 369 490 939 3 609 99.08% 0.92% 0.01% N Ords 338 895 921 1 099 866 - 99.68% 0.32% 0% 1.4 Re-election of director: Mahomed Ords 53 409 308 2 500 1 109 Khalik Sherrif 100% 0.00% 0.00% N Ords 339 933 654 62 133 - 99.98% 0.02% 0% 2. Re-appointment of auditor: BDO Ords 52 918 369 493 439 1 109 South Africa Incorporated (BDO)p 99.08% 0.92% 0.00% N Ords 338 895 962 1 099 825 - 99.68% 0.32% 0% 3.1 Appointment of audit committee - Ords 53 411 808 - 1 109 Loganathan Govender 100% 0% 0% N Ords 339 933 613 62 174 - 99.98% 0.02% 0% 3.2 Appointment of audit committee - Ords 53 330 126 81 682 1 109 Elias Mphande 99.85% 0.15% 0% N Ords 339 768 016 227 771 - 99.93% 0.07% 0% 3.3 Appointment of audit committee - Ords 53 330 126 81 682 1 109 Rachel Watson 99.85% 0.15% 0.00% N Ords 339 768 016 227 771 - 99.93% 0.07% 0% 4. General authority over unissued Ords 52 044 955 1 366 853 1 109 shares 97.44% 2.56% 0.00% N Ords 333 904 146 6 091 641 - 98.21% 1.79% 0% 5. Directors’ authority to implement Ords 53 411 808 - 1 109 company resolutions 100% 0% 0% N-Ords 339 933 654 62 133 - 99.98% 0.02% 0% 6. Non-binding resolution 1 Advisory Ords 51 801 016 1 608 292 3 609 endorsement of remuneration policy 96.99% 3.01% 0.01% N Ords 335 513 843 4 114 323 367 621 98.79% 1.21% 0.10% 7. Non-binding resolution 2 Advisory Ords 51 801 016 1 608 292 3 609 endorsement of implementation report 96 99% 3.01% 0.01% N Ords 335 513 843 4 114 323 367 621 98.79% 1.21% 0.10% SPECIAL RESOLUTIONS 1. General authority to issue shares, Ords 51 960 773 1 448 535 3 609 options and convertible securities for 97.29% 2.71% 0.01% cash N Ords 333 738 508 6 257 279 - 98.16% 1.84% 0% 2. Approval of annual fees to be paid to Ords 53 409 308 2 500 1 109 non- executive directors 100% 0% 0% N Ords 339 933 654 62 133 - 99.98% 0.02% 0% 3. General authority to repurchase Ords 52 920 869 490 939 1 109 company shares 99.08% 0.92% 0% N Ords 338 895 921 1 099 866 - 99.68% 0.32% 0% 12 September 2019 Cape Town Sponsor and Corporate Adviser Investec Bank Limited Date: 12/09/2019 02:00:00 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.