Results of special meeting of shareholders New Frontier Properties Ltd (Incorporated in the Republic of Mauritius on 5 June 2014) (Registration number 123368C1/GBL) SEM share code: NFP.N000 JSE share code: NFP ISIN: MU0453N00004 (“New Frontier” or the “Company”) RESULTS OF SPECIAL MEETING OF SHAREHOLDERS Shareholders are advised that at the special meeting of shareholders held on Friday, 13 December 2019 (in terms of the notice of special meeting of shareholders dispatched to shareholders on Thursday, 14 November 2019), all of the resolutions tabled thereat were passed by the requisite majority of New Frontier shareholders, with the exception of ordinary resolution 2 in respect of the appointment of Tina Prokas and ordinary resolution 5 in respect of the appointment of Rachel Mphephu as directors of the Company which were withdrawn at the start of the special general meeting. Details of the results of voting at the special general meeting are as follows: - total number of New Frontier shares that could have been voted at the special meeting: 160 935 407 - total number of New Frontier shares that were present/represented at the special general meeting: 134 710 360, being 83.70% of the total number of New Frontier shares that could have been voted at the special general meeting. Ordinary resolution 1: Appointment of Dean Harris Shares voted* For Against Abstentions^ 134 710 360, being 83.70% 131 573 486, being 97.67% 3 136 874, being 2.33% - Ordinary resolution 2: Appointment of Tina Prokas Withdrawn Ordinary resolution 3: Appointment of Franz Gmeiner Shares voted* For Against Abstentions^ 134 710 360, being 83.70% 134 706 359, being 100% 4 001, being 0.00% - Ordinary resolution 4: Appointment of Rob Vallance Shares voted* For Against Abstentions^ 134 710 359, being 83.70% 134 706 359, being 100% 4 000, being 0.00%- 1, being 0.00% Ordinary resolution 5: Appointment of Rachel Mphephu Withdrawn Ordinary resolution 6: Authority to give effect to resolutions Shares voted* For Against Abstentions^ 134 710 360, being 83.70% 134 706 360, being 100% 4 000, being 0.00% - * shares excluding abstentions ^ in relation to total shares in issue New Frontier holds primary listings on the Stock Exchange of Mauritius Ltd (“SEM”) and the Alternative Exchange of the Johannesburg Stock Exchange (“JSE”). By order of the Board 13 December 2019 This notice is issued pursuant to SEM Listing Rule 11.3. The Board of New Frontier Properties Ltd accepts full responsibility for the accuracy of the information in this notice. For further information please contact: JSE sponsor Java Capital +27 11 722 3050 Company secretary Osiris Corporate Solutions (Mauritius) Ltd +230 650 4030 Date: 13-12-2019 01:33:00 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.