Results of Extraordinary General Meeting and Change to the Board AH-VEST LIMITED (Incorporated in the Republic of South Africa) (Registration number 1989/000100/06) Share code: AHL ISIN code: ZAE000129177 (“AH-Vest” or “the Company”) RESULTS OF EXTRAORDINARY GENERAL MEETING AND CHANGE TO THE BOARD Shareholders are referred to the announcements released on SENS on 30 December 2020 and 4 January 2021 respectively in which they were advised that AH-Vest had received valid demands from Eastern Trading Co (Pty) Ltd, a major shareholder of the Company and Mr Ismail Darsot, in terms of clauses 20.1 and 20.1.5 of the Company’s memorandum of incorporation read with section 61(3) of the Companies Act, 71 of 2008, to call an extraordinary general meeting of shareholders (“EGM”) for purposes of considering and, if deemed fit, approving the removal of Mr Maslamony Pather as a director of AH-Vest and that a notice convening an EGM for the purposes of considering and, if deemed fit, passing, with or without modification, the resolutions contained in such notice had been distributed to shareholders together with the Company’s Integrated Annual Report. Shareholders are advised that at the EGM held on 27 January 2021, the ordinary resolutions proposed at the EGM were approved by the requisite majority of votes. The following information is provided: Number of ordinary shares represented at the meeting 97 781 680 Total issued number of ordinary shares 101 973 333 Percentage of ordinary shares represented at the meeting 95.89% The resolutions proposed at the extraordinary general meeting, together with the percentage of votes carried for and against each resolution, are set out below: Votes cast disclosed as a Shares percentage of the Shares voted abstained total number of disclosed as disclosed as shares voted at the Number of a percentage a percentage meeting Shares of the total of the total Resolution For Against Voted issued shares issued shares Ordinary Resolution Number 1: Removal of Mr Maslamony Pather as a Director of the company 100.00% 0.00% 97 580 988 95.69% 0.20% Ordinary Resolution Number 2: Authority granted to a Director and/or the Company Secretary to sign all such documents as may be necessary to implement Ordinary Resolution Number 1 100.00% 0.00% 97 580 988 95.69% 0.20% Following the approval of Ordinary Resolution Number 1 and in accordance with section 3.59(b) of the JSE Listings Requirements, shareholders are advised that Mr Maslamony Pather has been removed as a director on the AH-Vest Board with effect from 27 January 2021. By order of the board. Johannesburg 28 January 2021 Designated Advisor AcaciaCap Advisors Proprietary Limited Date: 28-01-2021 05:15:00 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.