SASFIN HOLDINGS LIMITED - Results of General Meeting to Approve the Disposal

Results of General Meeting to Approve the Disposal

 SASFIN HOLDINGS LIMITED
 (Incorporated in the Republic of South Africa)
 (Registration number 1987/002097/06)
 Share Code: SFN
 ISIN Number: ZAE000006565
 ("Sasfin Holdings" or "the Company")

  RESULTS OF GENERAL MEETING TO APPROVE THE DISPOSAL OF THE CAPITAL EQUIPMENT FINANCE BUSINESS 
  AND THE COMMERCIAL PROPERTY FINANCE BUSINESS OF SASFIN BANK TO AFRICAN BANK LIMITED

  Results of General Meeting

  Further to the announcement published on SENS on 25 March 2024 and the Circular
  distributed to Shareholders on 25 March 2024, and using the terms defined therein, unless
  otherwise stated, Shareholders are advised that, at the General Meeting of Sasfin
  Shareholders held today, 26 April 2024, the Ordinary Resolutions proposed thereat for the
  purposes of approving the Disposal Agreements, were approved by the requisite majority of
  votes.

  Shareholders are advised that:

  -         the total number of Shares in issue as at the date of the General Meeting was
            32 301 441;

  -         the total number of shares that were present in person/represented by proxy at the
            General Meeting was 28 408 263 Shares being 87.95% of the total number of Shares
            in issue; and

  -         There were no abstentions.

  Details of the results of the voting are as follows:


                                                              Shares voted for      Shares voted
ORDINARY RESOLUTION                                           (% of shares voted)   against (% of
                                                                                    shares voted)

                     Approval of the Disposal Agreements          28 284 881               1 419

Number 1                                                            (99.995)              (0.005)

                     Authorisation of directors and company       28 284 881               1 419
                     secretary to implement Ordinary
Number 2             Resolution 1                                   (99.995)              (0.005)


                                                                                                    1
Fulfilment of Suspensive Conditions

Shareholders are advised that the Suspensive Condition/s to the Disposal relating to
regulatory approvals remain outstanding and shareholders will be advised of fulfilment of same
in due course.


Johannesburg
26 April 2024

Sponsor
Questco Corporate Advisory Proprietary Limited




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Date: 26-04-2024 02:37:00
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