Results of Annual General Meeting AH-VEST LIMITED (Incorporated in the Republic of South Africa) (Registration number 1989/000100/06) Share code: AHL ISIN code: ZAE000129177 (“AH-Vest” or “the Company”) RESULTS OF ANNUAL GENERAL MEETING (“AGM”) Shareholders are advised that the AGM of AH-Vest was held on 13 December 2018 and all the resolutions proposed at the AGM were passed by the requisite number of shareholders. The following information is provided: Number of ordinary shares represented at the meeting 97 466 468 Total issued number of ordinary shares 101 973 333 Percentage of ordinary shares represented at the meeting 95.58% The resolutions proposed at the annual general meeting, together with the percentage of votes carried for and against each resolution, are set out below: Total number of votes cast including Against: Abstain: (% abstentions (% For: (% of (% of total of total of total issued total votes votes issued Resolution proposed shares) cast) cast) shares) Ordinary resolution number 1 – Acceptance of annual financial 97 466 468 97 463 468 - 3 000 statements 95.58% 100% 0% 0.002% Ordinary resolution number 2 – 97 466 468 97 463 468 - 3 000 Appointment of U Speirs as a director 95.58% 100% 0% 0.002% Ordinary resolution number 3 – Director retirement and re-election of 97 466 468 97 463 468 - 3 000 JJ Du Plooy 95.58% 100% 0% 0.002% Ordinary resolution number 4 – Approval of auditor’s remuneration and 97 466 468 97 463 468 - 3 000 re-appointment of external auditors 95.58% 100% 0% 0.002% Ordinary resolution number 5 – Appointment of audit committee 97 466 468 97 463 468 - 3 000 member – H Takolia 95.58% 100% 0% 0.002% Ordinary resolution number 6 – Appointment of audit committee 97 466 468 97 463 468 - 3 000 member and chairman – MS Appelgryn 95.58% 100% 0% 0.002% Ordinary resolution number 7 – Appointment of audit committee 97 466 468 97 463 468 - 3 000 member JJ Du Plooy 95.58% 100% 0% 0.002% Ordinary resolution number 8 – Election of audit committee member 97 466 468 97 463 468 - 3 000 U Speirs 95.58% 100% 0% 0.002% Ordinary resolution number 9 – 97 466 468 97 463 468 - 3 000 Endorsement of remuneration policy 95.58% 100% 0% 0.002% Ordinary resolution number 10 – Endorsement of remuneration 97 466 468 97 563 468 - 3 000 implementation report 95.58% 100% 0% 0.002% Ordinary resolution number 11 – General authority to allot and issue 97 466 468 97 463 468 - 3 000 shares for cash 95.58% 100% 0% 0.002% Special resolution number 1 – 97 466 468 97 463 468 - 3 000 General authority to repurchase shares 95.58% 100% 0% 0.002% Special resolution number 2 – 97 466 468 97 463 468 - 3 000 Non – executive directors’ remuneration 95.58% 100% 0% 0.002% Special resolution number 3 – Authority to issue shares, securities convertible into shares or rights that may exceed 30% of the voting power of 97 466 468 97 463 468 - 3 000 the current issued share capital 95.58% 100% 0% 0.002% Special resolution number 4 – General authority to enter into funding agreements, provide loans or other 97 466 468 97 463 468 - 3 000 financial assistance 95.58% 100% 0% 0.002% By order of the board. Johannesburg 18 December 2018 Designated Advisor Arbor Capital Sponsors Proprietary Limited Date: 18/12/2018 05:28:00 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.