Posting of circular and notice of general meeting in respect of the Manco Internalisation STELLAR CAPITAL PARTNERS LIMITED Incorporated in the Republic of South Africa (Registration number: 1998/015580/06) Share code: SCP ISIN: ZAE000198586 ("Stellar Capital" or "the Company") POSTING OF CIRCULAR AND NOTICE OF GENERAL MEETING IN RESPECT OF THE MANCO INTERNALISATION 1. INTRODUCTION Shareholders are referred to the announcement released on the Stock Exchange News Service ("SENS") on 5 February 2021 in which they were advised that the Stellar Capital board of directors has concluded its evaluation of the Management Company structure and has resolved, subject to shareholder approval, to terminate the Management Company structure through the acquisition of all the issued shares in the Management Company from Foxglove Capital Resources Limited and K2016225267 (South Africa) Proprietary Limited ("Transaction"). 2. POSTING OF CIRCULAR Stellar Capital shareholders are hereby advised that a circular detailing, inter alia, the terms of the Transaction and incorporating a notice of general meeting ("the Circular") will be posted to Stellar Capital shareholders today, Monday, 1 March 2021 and will be available on the Company’s website at www.stellarcapital.co.za/circulars/. 3. NOTICE OF GENERAL MEETING Notice is hereby given that a general meeting of Stellar Capital shareholders will be held at Stellar Capital’s registered office, 4th Floor, The Terraces, 25 Protea Road, Claremont, Cape Town, 7708 at 09:30 on Tuesday, 30 March 2021 ("General Meeting") for the purpose of considering and, if deemed fit, passing, with or without modification, the ordinary resolution to approve the Transaction set out in the notice of general meeting included in the Circular. 4. SALIENT DATES AND TIMES Shareholders are referred to the table below setting out important dates and times in relation to the Transaction. These salient dates and times are also included in the Circular. 2021 Record date to be entitled to receive the Friday, 19 February Circular Circular posted to Stellar Capital Monday, 1 March Shareholders on Last day to trade in order to be eligible Tuesday, 16 March to attend and vote at the General Meeting Record date in order to be eligible to Friday, 19 March attend and vote at the General Meeting Forms of proxy in respect of the General Friday, 26 March Meeting to be received, for administrative purposes, by 09:30 on General Meeting to be held at 09:30 on Tuesday, 30 March Results of the General Meeting released Wednesday, 31 March on SENS on All dates and times above are local dates and times in South Africa. The above dates and times are subject to change. Any change will be released on SENS and, if required, published in the press. 5. COPIES OF THE CIRCULAR Printed copies of the Circular will also be available for collection (in addition to being available electronically on the Stellar Capital website) by shareholders during normal business hours at the registered office of the Company (4th Floor, The Terraces, 25 Protea Road, Claremont, Cape Town, 7708) from today, Monday 1 March 2021 to Tuesday 30 March 2021, both days inclusive. Cape Town 1 March 2021 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 01-03-2021 11:00:00 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.