Results of Annual General Meeting OCEANA GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1939/001730/06) JSE share code: OCE NSX share code: OCG ISIN: ZAE000025284 (Oceana) RESULTS OF ANNUAL GENERAL MEETING Shareholders of Oceana (Shareholders) are advised that the voting results for the Annual General Meeting (AGM) of Oceana held at 14h30 today were as follows: Resolu- Resolution Number of Percentage For** Against** Abstained*% tion shares of shares % % voted in issue* Number % 1.1 Ordinary 118 604 290 87.51% 89.43% 10.57% 0.02% Resolution Election of NV Simamane as director 1.2 Ordinary 118 604 290 87.51% 87.41% 12.59% 0.02% Resolution Election of PG de Beyer as director 1.3 Ordinary 118 604 290 87.51% 81.27% 18.73% 0.02% Resolution Election of S Pather as director 1.4 Ordinary 118 604 290 87.51% 90.73% 9.27% 0.02% resolution Election of L Sennelo as director 1.5 Ordinary 118 604 290 87.51% 92.5% 7.5% 0.02% resolution Election of N Pangarker as director 1.6 Ordinary 118 604 283 87.51% 100% 0% 0.02% resolution Election of A Jakoet as director 1.7 Ordinary Withdrawn Withdrawn Withdra Withdrawn Withdrawn resolution wn Election of E Bosch as director 2 Ordinary 118 604 079 87.51% 69.41% 30.59% 0.02% Resolution To re-appoint Deloitte & Touche as auditor 3.1 Ordinary 118 604 283 87.51% 94.39% 5.61% 0.02% Resolution Election of Z Bassa as a member of the Audit Committee 3.2 Ordinary 118 604 290 87.51% 85.88% 14.12% 0.02% resolution Election of Peter de Beyer as a member of the Audit committee 3.3 Ordinary 118 604 290 87.51% 75.87% 24.13% 0.02% resolution Election of S Pather as a member of the Audit committee. 3.4 Ordinary 118 604 290 87.51% 100% 0% 0.02% resolution Election of A Jakoet as a member of the Audit Committee of the Company, subject to him being elected as a director of the Company 4 Non-binding 117 485 449 86.69% 79.12% 20.88% 0.84% advisory vote Approval of the remuneration policy 5 Non-binding 117 485 402 86.69% 85.32% 14.68% 0.84% advisory vote Approval of the implementation report 6 Special 118 603 980 87.51% 89% 11% 0.02% resolution Financial assistance to related or inter- related companies and others 7 Special 118 605 029 87.51% 82.51% 17.49% 0.02% Resolution Financial assistance for the acquisition of shares in the Company 8 Special 118 604 311 87.51% 99.97% 0.03% 0.02% resolution Remuneration of non-executive directors 9 Special 118 577 478 87.49% 95.87% 4.13% 0.04% resolution General authority to acquire the Company’s shares 10 Ordinary 118 604 283 87.51% 100% 0% 0.02% resolution Authorisation of directors and company secretary *Based on 135 526 154 ordinary shares in issue at the date of the AGM. **In relation to the total number of shares voted at the AGM. Based on the above results, all resolutions were passed by the requisite majority of Shareholders present in person or represented by proxy. 03 March 2020 Cape Town Sponsor - South Africa: The Standard Bank of South Africa Limited Sponsor Namibia: Old Mutual Investment Services (Namibia) Proprietary Limited Date: 03-03-2020 05:21:00 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.