Change to the Board of Directors and results of Annual General Meeting TREMATON CAPITAL INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1997/008691/06) Share code: TMT ISIN: ZAE000013991 ("Trematon" or "the Company") CHANGE TO THE BOARD OF DIRECTORS AND RESULTS OF THE ANNUAL GENERAL MEETING 1. Changes to the Board of Directors of the Company (“Board”) and withdrawal of resolutions 1.1 Prior to the Annual General Meeting (“AGM”), Mr Murray Louw, who has served as an independent non-executive director of the Company for the past 15 years, advised the Board that he was no longer available for re-election to the Board and consequently retired as a director of the Company with effect from 26 January 2021. Mr Louw has played an important role in the governance and stewardship of the Company since the current Management took control in 2005. The Board is grateful to Mr Louw for his valuable contribution and long service to the Company and wishes him well in all his future endeavors. The Board will appoint a new non-executive director to replace Mr Louw, in line with its policies and corporate governance procedures. A SENS announcement will be released as soon as a replacement is appointed. 1.2 Ordinary Resolutions Numbers 1.1 – Re-appointment of director – was withdrawn prior the commencement of the AGM as a result of Mr Louw’s decision to withdraw from re-election as a director. 1.3 Ordinary Resolution Number 3.1 – The appointment of the Audit Committee for the ensuing year – Mr Louw withdrew from re-election prior to the commencement of the AGM and subsequent to the withdrawal of Ordinary Resolution number 1.1 this resolution has also been withdrawn. 2. Results of Annual General Meeting The Board hereby advises that at the AGM of shareholders held on Wednesday, 27 January 2021, the following resolutions, as set out in the notice of AGM which was incorporated in the Integrated Annual Report distributed to shareholders on 30 November 2020, were duly approved by the requisite majority of shareholders present (in person or represented by proxy) and voting: Resolution Number of % of % of % of % of shares shares votes votes votes voted in voted in carried against abstained person or by person or for the the proxy by proxy1 resolution resolution Section A - Ordinary Resolutions 1. Re-election of non-executive directors 1.2 To re-elect Mr. R Stumpf as 174 583 469 82.67% 95.62% 4.38% 0.02% a non-executive director 2 2. To re-appoint the 174 583 469 82.67% 95.62% 4.38% 0.02% independent auditor and designated auditor 2 3. Appointment of Audit and Risk Committee 3.2 To appoint Mr. R Lockhart- 174 583 469 82.67% 100% 0 0.02% Ross to the Audit and Risk Committee 2 3.3 To appoint Mr. JP Fisher to 174 583 469 82.67% 100% 0 0.02% the Audit and Risk Committee 2 4. Remuneration policy 4.1 To approve the 174 583 085 82.67% 95.62% 4.38% 0.02% remuneration policy (non- binding advisory vote) 3 4.2. To approve the 174 583 085 82.67% 98.44% 1.56% 0.02% implementation of the remuneration policy (non- binding advisory vote) 3 5. To approve the general 174 583 469 82.67% 95.62% 4.38% 0.02% authority to issue shares for cash 2 6. To authorise directors to 174 583 469 82.67% 100% 0 0.02% implement the resolutions 2 Section B - Special Resolutions 1. To amend the Memorandum 174 583 085 82.67% 100% 0 0.02% of Incorporation for electronic communication 3 2. To authorise directors to 174 583 085 82.67% 95.62% 4.38% 0.02% provide financial assistance for subscription of securities3 3. To authorise directors to 174 583 085 82.67% 95.62% 4.38% 0.02% provide financial assistance to any director or prescribed officer of or to a related or interrelated company or corporation 3 4. To approve the general 174 583 469 82.67% 100% 0 0.02% authority to repurchase shares 2 5. To approve the authority to 174 583 085 82.67% 98.40% 1.60% 0.02% pay non-executive directors’ fees 3 1 Measured against issued share capital of 211 260 071 Trematon ordinary shares (“Shares”) less 79 716 treasury Shares which were repurchased and will be cancelled and delisted in due course. 2 37 585 Shares abstained. 3 37 969 Shares abstained. The Special Resolutions, where appropriate, will be filed with the Companies and Intellectual Property Commission. Cape Town 27 January 2021 Sponsor Sasfin Capital (a member of the Sasfin Group) Date: 27-01-2021 04:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 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