Results of General Meeting Sebata Holdings Limited Incorporated in the Republic of South Africa (Registration number 1998/003821/06) Share code: SEB ISIN: ZAE000260493 (“Sebata”) RESULTS OF GENERAL MEETING Shareholders are referred to the announcement released on SENS on 20 August 2019 and the circular distributed to shareholders on 20 December 2019 (“Circular”). Terms defined in the Circular shall, unless otherwise stated, bear the same meaning in this announcement. Shareholders are advised that, at the General Meeting convened in terms of the notice of General Meeting to shareholders dated 20 December 2019 which was held today, all the resolutions were passed by the requisite majority of shareholders. The number of shares voted in person or by proxy was 88 915 484, representing 77.37% of the total issued share capital of the same class of Sebata shares. The resolutions proposed at the meeting, together with the percentage of shares abstained, as well as the percentage of votes carried for and against each resolution, are set out below: % of votes % of votes carried for the against the % of shares Resolution resolution resolution abstained Ordinary Resolution Number 1: The Transaction 100.00% 0.00% 0.00% Special Resolution Number 1: Financial Assistance 100.00% 0.00% 0.00% Ordinary Resolution Number 2: Authority granted to Directors 100.00% 0.00% 0.00% Johannesburg 22 January 2020 Corporate Adviser and Sponsor to Sebata Merchantec Capital Date: 22-01-2020 02:13:00 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.