Results Of The General Meeting And The Annual General Meeting GRAND PARADE INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1997/003548/06) Share code: GPL ISIN: ZAE000119814 (“GPI” or “the Company”) RESULTS OF THE GENERAL MEETING AND THE ANNUAL GENERAL MEETING RESULTS OF THE GENERAL MEETING Shareholders are hereby advised that at the general meeting of the Company held at 18:00 on, Thursday, 28 November 2019 in the Market Hall at GrandWest Casino, 1 Jakes Gerwel Drive, Goodwood, Cape Town (“GM”), all of the resolutions were passed by the requisite majorities of the Company’s shareholders. Details of the results of the voting at the GM are as follows: Votes Votes for against resolution resolution Number of Number of as a as a shares shares percentage percentage Number of voted at GM abstained of total of total shares as a as a Resolutions number of number of voted at GM percentage percentage proposed at the shares shares (excluding of shares in of shares in GM voted at GM voted at GM abstentions) issue issue Ordinary resolution 66.64% 33.36% 225 132 860 47.90% 22.57% number 1: Approval of the Transaction Ordinary resolution 67.81% 32.19% 231 893 690 49.34% 22.61% number 2: Authority of Directors and/or the Company Secretary Note: Total number of shares in issue as at the date of the GM was 470 022 741. RESULTS OF THE ANNUAL GENERAL MEETING Shareholders are hereby advised that the results of the voting at the annual general meeting of the Company held at 18:30 on, Thursday, 28 November 2019 in the Market Hall at GrandWest Casino, 1 Jakes Gerwel Drive, Goodwood, Cape Town (“AGM”), are as follows: Votes Votes for against resolution resolution as a as a Number of Number of percentage percentage Number of shares shares of total of total shares voted at abstained number of number of voted at AGM as a as a Resolutions shares shares AGM percentage percentage proposed at the voted at voted at (excluding of shares in of shares in AGM AGM AGM abstentions) issue issue Ordinary resolution 72.08% 27.92 340 235 545 72.39% 0.03% number 1: Re-election of Mr A Abercrombie as a non-executive director Ordinary resolution 74.18% 25.82% 340 312 145 72.40% 0.03% number 2: Re-election of Mr M Bowman as a non-executive director Ordinary resolution 73.28% 26.72% 338 274 260 71.97% 0.02% number 3: Re-election of Ms R van Dijk as a non-executive director Ordinary resolution 76.11% 23.89% 339 842 289 72.30% 0.12% number 4: Confirmation of appointment of Mr M Tajbhai as an executive director Ordinary resolution Withdrawn number 5: Confirmation of appointment of Dr H Adams as a non-executive director Ordinary resolution Withdrawn number 6: Confirmation of appointment of Mr K Pillay as a non-executive director Ordinary resolution 89.05% 10.95% 339 899 059 72.32% 0.11% number 7: Re-appointment of Prof W Geach as a member of the audit and risk committee Ordinary resolution 76.21% 23.79% 340 167 919 72.37% 0.10% number 8: Appointment of Ms R van Dijk as a member of the audit and risk committee Ordinary resolution Withdrawn number 9: Appointment of Mr K Pillay as a member of the audit and risk committee Ordinary resolution 95.94% 4.06% 306 131 327 65.13% 7.30% number 10: Re-appointment of EY as independent auditor Ordinary resolution 50.34% 49.66% 332 886 889 70.82% 0.12% number 11: Non-binding advisory vote on the Company’s remuneration policy Ordinary resolution 51.39% 48.61% 339 847 889 72.30% 0.11% number 12: Non-binding advisory vote on the Company’s implementation report on the remuneration policy Special resolution 49.93% 50.07% 339 351 248 72.20% 0.24% number 1.1: Remuneration of the non-executive chairperson Special resolution 99.64% 0.36% 339 393 464 72.21% 0.21% number 1.2: Remuneration of the lead independent director Special resolution 99.73% 0.27% 338 923 818 72.11% 0.23% number 1.3: Remuneration of other non-executive directors Special resolution 99.64% 0.36% 339 378 895 72.20% 0.20% number 1.4: Remuneration of committee chairpersons Special resolution 99.66% 0.34% 337 325 569 71.77% 0.22% number 1.5: Remuneration of committee members Special resolution 76.89% 23.11% 335 311 960 71.34% 0.02% number 2: Share repurchases by the Company and its subsidiaries Special resolution 99.92% 0.08% 339 954 359 72.33% 0.11% number 3: Inter-company financial assistance Special resolution 99.35% 0.65% 339 885 536 72.31% 0.13% number 4: Financial assistance for the subscription and/or purchase of shares in the Company or a related or inter- related company Note: Total number of shares in issue as at the date of the AGM was 470 022 741. Shareholders are further advised that, as ordinary resolution number 11, relating to the non- binding advisory vote on the remuneration policy of the Company and ordinary resolution number 12 relating to the non-binding advisory vote on the implementation of the remuneration policy, were voted against by 25% or more of the votes exercised by the Company’s shareholders present in person or represented by proxy at the AGM, an invitation will be extended to such dissenting shareholders to engage with the Company. The manner and timing of such engagement has not as yet been finalised and the Company will issue a further announcement shortly setting out such details. Cape Town 29 November 2019 Sponsor PSG Capital Date: 29-11-2019 12:06:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 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