Results of Annual General Meeting Held on 17 August 2018 Novus Holdings Limited (Incorporated in the Republic of South Africa) JSE share code: NVS ISIN: ZAE000202149 Registration number: 2008/011165/06 (“Novus Holdings”, “the Company” or “the Group”) RESULTS OF ANNUAL GENERAL MEETING HELD ON 17 AUGUST 2018 Shareholders are advised that at the Annual General Meeting (“AGM”) of Novus Holdings held today at the Group’s registered office at 10 Freedom Way, Marconi Beam, Montague Gardens in Cape Town, all the resolutions set out in the notice were duly passed by the requisite majority of shareholders. Total issued number of ordinary shares: 347 332 454 Number of ordinary shares that could have been voted at the meeting: 319 545 927 Total number of ordinary shares represented at the AGM: 258 040 743 Percentage of ordinary shares represented at the meeting: 74.29% The voting details with respect to the proposed resolutions were as follows: Resolution Proposed Votes in Favour Votes Against Abstentions Ordinary resolution number 1: 258 001 076 - 39 667 Consideration and Acceptance of Financial 100% 0.01% Statements Ordinary resolution number 2: 239 845 039 18 195 474 230 Appointment of auditor – 92.95%% 7.05% PriceWaterhouseCoopers (PWC) Ordinary resolution number 3.1: 257 990 937 49 576 230 Confirmation of Appointment of Executive 99.98% 0.02% Director – Neil William Birch Ordinary resolution number 4.1: 257 224 424 816 089 230 Confirmation of Appointment of Non- 99.68% 0.32% executive Director – Lulama Mtanga Ordinary resolution number 4.2: 258 040 513 - 230 Confirmation of Appointment of Non- 100% executive Director – Noluvuyo Mkhondo Ordinary resolution number 5.1: 258 040 513 - 230 Re-election of Non-executive Director – 100% Christoffel Botha Ordinary resolution number 6.1: 258 040 513 - 230 Re-appointment of member of Audit 100% Committee – Christoffel Botha Ordinary resolution number 6.2: 257 224 482 816 031 230 Appointment of member of Audit 99.45% 0.32% Committee – Lulama Mtanga Ordinary resolution number 7.1: Endorsement 240 509 048 17 531 465 230 of remuneration policy 93.21% 6.79% Ordinary Resolution number. 7.2: 240 505 023 17 535 490 230 Endorsement of implementation report 93.20% 6.80% Ordinary resolution number 8: General 164 705 997 93 334 516 230 authority to Directors to allot and issue 63.83% 36.17% authorised but unissued ordinary shares Ordinary resolution number 9: 164 664 997 93 375 516 230 General authority to issue ordinary shares for 63.81% 36.19% cash Ordinary resolution number 10: 243 186 296 14 854 229 218 Approval of the implementation of the Odd-lot 94.24% 5.76% Offer Ordinary resolution 11: Signing Powers 258 040 513 - 230 100% Special resolution 1.1: Remuneration of 256 437 910 1 561 603 41 230 Executive Chairman 99.39% 0.61% Special resolution 1.2: Remuneration of 257 808 342 191 171 41 230 Directors (other than Executive Chairman) and 99.93% 0.07% the Committee Members Special resolution number 2: 182 775 833 75 264 680 230 Financial assistance i.t.o. section 70.83% 29.17% 44 of the Companies Act Special resolution number 3: 258 035 312 5201 230 Financial assistance i.t.o. section 100% 0.0% 45 of the Companies Act Special resolution 4: General Authority to 257 252 305 788 208 230 acquire (repurchase) shares 99.69% 0.31% Special resolution 5: Approval of Amendment to 257 999 500 41 013 230 the ESOP 99.98% 0.02% Special resolution 6.1: Amendment of ESOP by 256 628 970 1 411 543 230 the addition of further Schemes 99.45% 0.55% Special resolution 6.2: Grant of rights under SAR 256 628 856 1 411 657 230 Scheme No2 – Performance Criteria 99.45% 0.55% Special resolution 6.3: Grant of rights under the 256 628 856 1 411 657 230 Deferred Bonus Scheme 99.45% 0.55% Special resolution 7: Implementation of the 258 040 428 114 201 Odd-lot Offer in terms of the Specific Authority 100% 0.00% to repurchase shares from the Odd-lot Holders By order of the Board Cape Town 17 August 2018 Sponsor: Investec Bank Limited Date: 17/08/2018 03:00:00 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.