Results of Annual General Meeting Novus Holdings Limited Incorporated in the Republic of South Africa (Registration number: 2008/011165/06) JSE share code: NVS ISIN: ZAE000202149 (“Novus Holdings” or “the Company” or “the Group”) RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that, at the annual general meeting of Novus Holdings held today, save for the below listed resolutions all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders; o Ordinary Resolution Number 7: “General issues of shares”; and o Special Resolution Number 4: “General authority to acquire (repurchase) shares”, which resolutions, in terms of the Listings Requirements of JSE Limited (“JSE Listings Requirements”), require approval by a 75% majority of votes cast by shareholders present or represented by proxy and entitled to vote. The number of shares voted in person or by proxy was 217 639 545 representing 75.49% of the total issued share capital of the same class of Novus Holdings shares. The resolutions proposed at the meeting, together with the percentage of votes carried for and against each resolution, as well as the percentage of shares abstained, are set out below: % of votes % of votes carried for the against the % of shares Resolution resolution resolution abstained Ordinary Resolution Number 1: Consider and acceptance of Financial Statements 100.00% 0.00% 3.40% Ordinary Resolution Number 2: Re-appointment of auditor 97.85% 2.15% 3.40% Ordinary Resolution Number 3.1: Confirmation of appointment of Non-Executive Director – Abduraghman Mayman 100.00% 0.00% 3.40% Ordinary Resolution Number 4.1: Re-election of Non- Executive Director – Hellen Lulama Mtanga 100.00% 0.00% 3.40% Ordinary Resolution Number 4.2: Re-election of Non- Executive Director – Noluvuyo Lulama Mkhondo 95.97% 4.03% 3.40% Ordinary Resolution Number 5.1: Re-appointment of member of Audit and Risk Committee – Dennis Mack 100.00% 0.00% 3.40% Ordinary Resolution Number 5.2: Re-appointment of member of Audit and Risk Committee – Hellen Lulama Mtanga 100.00% 0.00% 3.40% Ordinary Resolution Number 5.3: Appointment of member of Audit and Risk Committee – Noluvuyo Lulama Mkhondo 92.64% 7.36% 8.01% Ordinary Resolution Number 5.4: Appointment of member of Audit and Risk Committee – Abduraghman Mayman 100.00% 0.00% 3.40% Ordinary Resolution Number 6.1: Endorsement of the Remuneration Policy 95.22% 4.78% 3.40% Ordinary Resolution Number 6.2: Endorsement of the Implementation Report 95.22% 4.78% 3.40% Ordinary Resolution Number 7: General issues of shares 33.54% 66.46% 0.01% Special Resolution Number 1: Remuneration of Directors 99.91% 0.09% 3.40% Special Resolution Number 2: Financial assistance in terms of Section 44 75.65% 24.35% 0.01% Special Resolution Number 3: Financial assistance in terms of Section 45 100.00% 0.00% 0.01% Special Resolution Number 4: General authority to acquire (repurchase) shares 66.43% 33.57% 0.01% Ordinary Resolution Number 8: Signing powers 100.00% 0.00% 0.01% Cape Town 18 September 2020 Sponsor Merchantec Capital Date: 18-09-2020 01:22:00 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.