Results of the General Meeting: Renewal of leases with a related party VALUE GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 1997/002203/06) Share code: VLE ISIN Code: ZAE000016507 (“the company”) RESULTS OF THE GENERAL MEETING: RENEWAL OF LEASES WITH A RELATED PARTY Shareholders are advised that the resolutions contained in the notice convening the General Meeting were approved by the requisite majorities of shareholders present in person or represented by proxy at the General Meeting of the company held on Friday, 24 July 2020. The issued share capital of the company carrying voting rights is 183,064,010 shares, of which 87,134,990 were entitled to vote at the General Meeting. Details of the resolutions and the voting are contained in the table below. Resolution proposed Total number of Votes in Votes Abstentions: votes cast: favour: against: % of eligible % of eligible % of total % of total votes votes votes cast votes cast Ordinary resolution number 1: To 51,537,317 38,239,586 13,297,731 1,174,034 approve the Corporate Action 59.15% 74.2% 25.8% 1.35% Ordinary resolution number 2: To 51,537,317 38,239,586 13,297,731 1,174,034 authorise any director or the company 59.15% 74.2% 25.8% 1.35% secretary to sign documentation to give effect to ordinary resolution number 1 By order of the board. Johannesburg 24 July 2020 Sponsor Auditors and reporting Independent Corporate Advisor accountants Professional Expert Investec Bank SVG Mazars Corporate Suez Capital Finance Date: 24-07-2020 02:57:00 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.