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 1. Introduction Unless otherwise indicated, capitalised words and terms contained in this announcement shall bear the same meanings ascribed thereto in the Circular dated 29 September 2021. 2. Results of the General Meeting 2.1 Shareholders are advised that, pursuant to the General Meeting held today, 29 October 2021, all the resolutions as contained in the Notice of General Meeting which formed part of the Circular, were passed by the requisite majority of Stellar Capital Shareholders entitled to vote thereat. The results of the General Meeting are set out in paragraph 2.2 below. 2.1.1 The total number of Stellar Capital Shares in issue as at the date of the General Meeting is 912 616 841, of which 570 678 666 were Scheme Shares which were entitled to vote. 2.1.2 The total number of Scheme Shares that were present in person/represented by proxy and entitled to vote was 475,677,482, being 52.1% of the total number of Shares in issue (and being 83.4% of the total number of Scheme Shares which were entitled to vote). 2.1.3 The total number of Scheme Shares voted at the General Meeting was 475,039,857, representing 52.05% of the total number of Shares in issue (and being 83.24% of the Scheme Shares which were entitled to vote). 2.2 The results of voting on the Resolutions proposed at the General Meeting are set out below: Resolutions Votes cast 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 General relation issued Shares Meeting to the total issued Shares For Against Special Resolution Number 1– 93.20% 6.80% 475,039,857 52.05% 0.07% Approval of the Scheme Special Resolution Number 2 – 93.20% 6.80% 475,039,857 52.05% 0.07% Revocation of special resolution number 1 if the Scheme lapses and is not continued Ordinary Resolution Number 1 – 92.98% 7.02% 459,689,518 50.37% 1.75% Approval of Delisting 3. Scheme Conditions Stellar Capital Shareholders holding 30,461,529 shares have given notice objecting to the Scheme as contemplated in section 164 of the Companies Act. Shareholders should note that the implementation of the Scheme remains subject to the fulfilment or waiver (as the case may be) of a number of Scheme Conditions by the dates set out in the Circular. An announcement will be released on SENS as soon as possible after the fulfilment or waiver (as the case may be) of all the outstanding Scheme Conditions or any non-fulfilment of any Scheme Condition which causes the Scheme to lapse. 4. Responsibility statement The Independent Board and the Stellar Capital Board, individually and collectively, accept full responsibility for the accuracy of the information contained in this announcement and certify that, to the best of their knowledge and belief, such information is true and this announcement does not omit any facts that would make any of the information false or misleading or would be likely to affect the importance of any information contained in this announcement. The Independent Board and the Stellar Capital Board have made all reasonable enquiries to ascertain that no facts have been omitted and this announcement contains all information required by law, the Companies Act and the JSE Listings Requirements. Cape Town 29 October 2021 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Legal advisor Cliffe Dekker Hofmeyr Date: 29-10-2021 12:00:00 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.