Results of AGM NU-WORLD HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration Number 1968/002490/06) Share Code: NWL ISIN code: ZAE000005070 (“Nu-World”) RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that at the annual general meeting held on Wednesday, 12 February 2020 (“AGM”), all resolutions as set out in the notice of AGM which was incorporated in the integrated annual report distributed to shareholders on 29 November 2019, were duly approved by the requisite majority of shareholders present (in person or represented by proxy) and voting. Notes: 1. There were 22 646 465 shares in issue as at the date of the AGM. 2. The total number of shares that were present in person/represented by proxy at the AGM: 15 797 567 shares being 70% of the total number of shares in issue (“Shares Voted”); 3. Abstentions are represented above as a percentage of total number of shares in issue while the shares voted for and against are represented above as a percentage of the Shares Voted. Details of the results of the voting are as follows: Resolution Shares voted Shares voted Shares voted Abstentions against for Ordinary resolution 1: re-appointment of directors 1.1 Mr M Judin 15 681 897 114 670 15 796 567 1 000 99.27% 0.73% 0% 1.2 Mr D Piaray 15 681 897 114 670 15 796 567 1 000 99.27% 0.73% 0% 1.3 Mr R Kinross 15 795 567 1 000 15 796 567 1 000 99.99% 0.01% 0% Ordinary resolution 2: appointment or re-appointment of the Audit Committee members 2.1 Mr J M Judin 15 681 897 114 670 15 796 567 1 000 99.27% 0.73% 0% 2.2 Mr D Piaray 15 681 897 114 670 15 796 567 1 000 99.27% 0.73% 0% 2.3 Mr R Kinross 15 681 897 114 670 15 796 567 1 000 99.27% 0.73% 0% 2.4 Mr FJ Davidson 15 795 567 1 000 15 796 567 1 000 99.99% 0.01% 0% Ordinary resolution 3: re-appointment of auditors and 15 795 567 1 000 15 796 567 1 000 individual designated auditor 99.99% 0.01% 0% Ordinary resolution 4: 15 742 738 53 829 15 796 567 1 000 endorsement of Remuneration Policy 99.66% 0.34% 0% Ordinary resolution 5: 15 681 897 114 670 15 796 567 1 000 endorsement of Remuneration 99.27% 0.73% 0% Implementation Report Ordinary resolution 6: 15 795 567 1 000 15 796 567 1 000 authority to sign documents 99.99% 0.01% 0% Special resolution 1: *** 15 795 067 1 000 15 796 067 1 500 approval to pay remuneration to non- 99.99% 0.01% 0.01% executive directors Special resolution 2: 15 795 567 1 000 15 796 567 1 000 general authority to repurchase 99.99% 0.01% 0% shares Special resolution 3: 15 795 067 1 500 15 796 067 1 000 authority to provide direct or indirect 99.99% 0.01% 0% financial assistance *** Shareholders are advised that Special Resolution number 1 was passed with a modification, as per a decision taken by the Board at the AGM, to read as follows: “Resolved that in terms of section 66(9) of the Act, the Company be and is hereby authorised to pay remuneration to its non-executive directors for their services as non-executive directors in the 2020 financial period at the same rate as paid in 2019 as listed below.” Fees for the Fees paid for the year ending year ended 31 August 2020 31 August 2019 Lead independent non-executive board R350 000 R350 000 member Non-executive board R300 000 R300 000 member Johannesburg 12 February 2020 Sponsor Sasfin Capital (a member of the Sasfin group) Date: 12-02-2020 12:53:00 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.