Results of the Annual General Meeting EFORA ENERGY LIMITED (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) JSE Share Code: EEL ISIN: ZAE000248258 (“Efora” or “the Company”) RESULTS OF THE ANNUAL GENERAL MEETING Shareholders are hereby advised that the results of the voting at the annual general meeting of the Company held at 10h00 today, Friday, 16 August 2019 at Efora Energy Limited, 1st Floor, 12 Culross Road, Bryanston (“AGM”), are as follows: Votes Votes for against resolution resolution as a as a Number of Number of percentage percentage shares shares of total of total Number of voted at abstained number of number of shares AGM as a as a Resolutions shares shares voted at percentage percentage proposed at the voted at voted at AGM per of shares in of shares in AGM AGM AGM resolution issue issue Ordinary resolution number 1: Confirmation of directors’ appointment – Ms Zanele Radebe 99.997% 0.003% 959 031 898 86.88% 0.04% Ordinary resolution number 2: Confirmation of directors’ appointment – Mr Vuyo Ngonyama 99.997% 0.003% 959 031 898 86.88% 0.04% Ordinary resolution number 3: Confirmation of executive directors’ appointment – Ms Tariro Gadzikwa 99.997% 0.003% 959 031 898 86.88% 0.04% Ordinary resolution number 4: Reappointment of external auditors and designated audit partner 99.997% 0.003% 959 031 898 86.88% 0.04% Ordinary resolution number 5: Re- election of a 99.98% 0.02% 959 031 898 86.88% 0.04% director who retires by rotation – Mr Boas Seruwe Ordinary resolution number 6: Re- election of a director who retires by rotation – Mr Patrick Mngconkola 99.98% 0.02% 959 031 898 86.88% 0.04% Ordinary resolution number 7: Election of audit and risk committee members – Ms Zanele Radebe 99.99% 0.01% 959 031 898 86.88% 0.04% Ordinary resolution number 8: Election of audit and risk committee members – Mr Vuyo Ngonyama 99.99% 0.01% 959 031 898 86.88% 0.04% Ordinary resolution number 9: Re- election of audit and risk committee members – Ms Thuto Masasa 99.99% 0.01% 959 031 898 86.88% 0.04% Ordinary resolution number 10: Endorsement of remuneration policy 99.51% 0.49% 959 030 799 86.88% 0.04% Ordinary resolution number 11: Endorsement of remuneration implementation report 99.53% 0.47% 959 030 799 86.88% 0.04% Ordinary resolution number 12: General authority to directors to allot and issue authorised but unissued ordinary shares 0.60% 99.40% 959 031 898 86.88% 0.04% Ordinary resolution number 13: General authority to issue shares for cash 0.58% 99.42% 959 031 898 86.88% 0.04% Ordinary resolution number 14: Authority 99.99% 0.01% 959 031 898 86.88% 0.04% to sign all required documents Special resolution number 1: General authority to acquire (repurchase) shares 99.51% 0.49% 959 029 478 86.88% 0.05% Special resolution number 2: Remuneration of Non-executive Directors 99.97% 0.03% 959 061 511 86.88% 0.04% Special resolution number 3: Financial assistance for subscription or purchase of ordinary shares in related or inter- related entities in terms of section 44 of the Companies Act 99.99% 0.01% 959 062 610 86.88% 0.04% Special resolution number 4: Direct or indirect financial assistance to any company related or interrelated to the Company or to any juristic person who is a member of or related to any such companies 99.97% 0.03% 959 062 610 86.88% 0.04% Note: Total number of shares in issue as at the date of the AGM was 1 103 834 635. Johannesburg 16 August 2019 Sponsor PSG Capital Date: 16/08/2019 04:17:00 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.