Report on proceedings at the general meeting STELLAR CAPITAL PARTNERS LIMITED Incorporated in the Republic of South Africa (Registration number: 1998/015580/06) Share code: SCP ISIN: ZAE000198586 ("Stellar Capital") REPORT ON PROCEEDINGS AT THE GENERAL MEETING Stellar Capital is pleased to advise shareholders that the resolution contained in the notice of general meeting ("GM") attached to and forming part of the circular distributed to shareholders on Monday, 1 March 2021 regarding the proposed Manco Internalisation were passed by the required majority of votes at the GM held at 09h30 today at Stellar Capital’s registered offices situated at The Terraces, 25 Protea Road, Claremont, Cape Town. In this regard, Stellar Capital confirms the voting statistics from the GM as follows: Resolution Votes carried Number of Shares Shares disclosed as a shares voted voted abstained percentage in disclosed disclosed as a relation to the as a percentage in total number of percentage relation to shares voted at in the total the meeting relation number of to the shares total entitled to number of vote* shares entitled to vote* For Against Ordinary resolution number 1 99.94% 0.06% 275 499 076 56.17% 0.13% Approval of the Manco Internalisation and authority to transfer treasury shares to implement the Manco Internalisation *Total number of ordinary shares entitled to vote is 490 448 568 (issued share capital of 912 616 841 shares excluding 90 000 000 treasury shares and also excluding 332 168 273 shares held by the Manco Shareholders and their associates). The total number of ordinary shares that were present/represented at the GM: 276 147 414, being 56.31% of total number of Stellar Capital ordinary shares entitled to vote at the GM (490 448 568 shares). All conditions precedent have been fulfilled and the transaction will now be implemented. Cape Town 30 March 2021 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 30-03-2021 10:34:00 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.