Results of Annual General Meeting ADRENNA PROPERTY GROUP LIMITED Incorporated in the Republic of South Africa (Registration Number 1998/012245/06) Share Code: ANA ISIN: ZAE000163580 (“Adrenna” or “the Group”) RESULTS OF ANNUAL GENERAL MEETING (“AGM”) Shareholders are advised that at the Annual General Meeting of shareholders held on Monday, 21 October 2019, all the resolutions proposed at the AGM were passed by the requisite majority. Details of the results of voting were as follows: Total number of shares that can be exercised at the meeting 100% 55,914,804 Total number of shares present/represented including proxies at the meeting 50.09% 28 006 985 The resolutions proposed at the AGM, together with the percentage of votes carried for and against each resolution, are set out below: Votes for Votes against Number of resolution as resolution as Number of shares a percentage a percentage shares voted abstained of total of total Number of at AGM as a as a number of number of shares percentage percentage Resolution shares voted shares voted voted at of shares in of shares in proposed at AGM at AGM AGM issue issue Ordinary Resolution No 1: To adopt the financial statements 100% 0% 28 006 985 50.09% 0% Ordinary Resolution No 2: Resolution to sanction the declaration of no dividends 100% 0% 28 006 985 50.09% 0% Ordinary Resolution No 3: Resolution ratifying the appointment of Mr DJ Swart as a director of the company 100% 0% 28 006 985 50.09% 0% Ordinary Resolution No 4: Resolution to re- elect Mr RP Fertig as a director of the company 100% 0% 28 006 985 50.09% 0% Ordinary Resolution No 5: Resolution to re- elect Mr RS Watson as a director of the company 100% 0% 28 006 985 50.09% 0% Ordinary Resolution No 6: Resolution to re- elect Mr WP Alcock as chairman of the company for a further period of one year 100% 0% 28 006 985 50.09% 0% Ordinary Resolution No 7: Election of Audit Committee for a further period of one year 7.1 SP Mothelesi 100% 0% 28 006 985 50.09% 0% 7.2 M Moela 100% 0% 28 006 985 50.09% 0% 7.3 WP Alcock 100% 0% 28 006 985 50.09% 0% 7.4 RS Watson 100% 0% 28 006 985 50.09% 0% Ordinary Resolution No 8: Resolution to appoint the auditors of the company for a further period of one year 100% 0% 28 006 985 50.09% 0% Ordinary Resolution No 9: Resolution to authorise the directors, in consultation with the Audit Committee to fix the auditors’ remuneration 100% 0% 28 006 985 50.09% 0% Ordinary Resolution No. 10.1: Resolution to approve the Remuneration Policy 100% 0% 28 006 985 50.09% 0% Ordinary Resolution No. 10.2: Resolution to approve the implementation of the Remuneration Policy 100% 0% 28 006 985 50.09% 0% Ordinary Resolution No 11: Resolution placing the unissued shares under the control of the directors 100% 0% 28 006 985 50.09% 0% Ordinary Resolution No 12: Resolution authorising the issue of shares for cash 100% 0% 28 006 985 50.09% 0% Special Resolution No 1: To determine the remuneration of the non-executive directors 100% 0% 28 006 985 50.09% 0% Special Resolution No 2: Permitting the company to repurchase shares 100% 0% 28 006 985 50.09% 0% Special Resolution No 3: Authorising the granting of loans/other financial assistance to subsidiaries/group companies 100% 0% 28 006 985 50.09% 0% Johannesburg 22 October 2019 Sponsor Arbor Capital Sponsors Proprietary Limited Date: 22/10/2019 05:37:00 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.