MOMENTUM GROUP LIMITED - Results of the Annual General Meeting of Momentum Group Limited

Results of the Annual General Meeting of Momentum Group Limited

MOMENTUM GROUP LIMITED
Incorporated in the Republic of South Africa
Registration number: 2000/031756/06
JSE share code: MTM
A2X share code: MTM
NSX share code: MMT
ISIN code: ZAE000269890
(the "Company)

MOMENTUM METROPOLITAN LIFE LIMITED
Incorporated in the Republic of South Africa
Registration number: 1904/002186/06
Alpha code: MMIG
LEI: 378900E0A78B7549C212
("MML")

(Collectively the "Group")


RESULTS OF THE ANNUAL GENERAL MEETING (AGM) OF MOMENTUM GROUP LIMITED

Momentum Group Limited advises its shareholders and noteholders that all the ordinary
and special resolutions proposed in the notice of AGM dated 2 October 2025, and tabled
at the Company's AGM held on Thursday, 20 November 2025, were passed by the requisite
majority of votes cast by the shareholders of the Company. The voting details with
respect to the proposed resolutions are as follows:


                           Number of         Percentage
                          shares voted         shares        Percentage   Percentage
      Resolution                                                                       Percentage
                           (excluding     voted*(excluding     For**      Against**
                          abstentions)      abstentions)                               Abstained*



Ordinary Resolution
1.1: Election of
director: Dr Jacobus
Johannes (Kobus)
Sieberhagen               1,030,469,347             76.73%       99.71%        0.29%        2.55%
Ordinary Resolution
2.1: Re-election
director: Mr Paul Cambo                                Withdrawn
Baloyi
Ordinary Resolution
2.2: Re-election of
director: Prof Stephen
Craig Jurisich            1,029,714,217             76.67%       80.02%       19.98%        2.60%
Ordinary Resolution
2.3: Re-election of
director: Mr David
James Park                1,029,836,377             76.68%       99.76%        0.24%        2.59%
Ordinary Resolution
3.1: Re-appointment of
Ernst & Young Inc. as
joint independent
Auditors, with
Mr Christo du Toit as
the designated audit
partner                   1,032,689,738             76.89%       99.58%        0.42%        2.38%
Ordinary Resolution
3.2: Re-appointment of
PricewaterhouseCoopers    1,033,104,007             76.92%       99.87%        0.13%        2.35%
Inc. as joint
independent Auditors,
with Ms Dilshad Khalfey
as the designated audit
partner
Ordinary Resolution
4.1: Re-appointment of
audit committee member
and chair: Ms Linda de
Beer                      1,032,306,230             76.86%        99.02%       0.98%        2.41%
Ordinary Resolution
4.2: Re-appointment of
audit committee member:
Mr Nigel John Dunkley     1,030,487,424             76.73%        99.73%       0.27%        2.55%
Ordinary Resolution
4.3: Re-appointment of
audit committee member:
Mr Thanaseelan(Seelan)
Gobalsamy                 1,029,187,265             76.63%        98.74%       1.26%        2.64%
Ordinary Resolution
4.4: Re-appointment of
audit committee member:
Mr David James Park       1,032,266,323             76.86%        99.79%       0.21%        2.41%
Ordinary Resolution
4.5: Re-appointment of
audit committee member:
Mr Devrajh Tyrone
Soondarjee                1,028,988,308             76.62%        99.81%       0.19%        2.66%
Ordinary Resolution
5.1: Re-appointment of
social, ethics and
transformation
committee (SETC) member
and chair: Ms Linda de
Beer                      1,031,428,614             76.80%        98.99%       1.01%        2.48%
Ordinary Resolution
5.2: Re-appointment of
SETC member: Dr Ann
Frances (Frannie)
Leautier                  1,030,360,384             76.72%        99.46%       0.54%        2.55%
Ordinary Resolution
5.3: Re-appointment of
SETC member: Ms
Jeanette Christina
Marais                    1,032,097,487             76.85%        99.82%       0.18%        2.43%
Ordinary Resolution
5.4: Re-appointment of
SETC member: Mr Phillip
Matlakala                 1,032,533,635             76.88%        99.83%       0.17%        2.39%
Ordinary Resolution
5.5: Re-appointment of
SETC member: Mr David
James Park                1,031,736,676             76.82%       99.79%        0.21%        2.45%
Ordinary Resolution
5.6: Re-appointment of
SETC member: Ms Sharoda
Rapeti                    1,015,210,718             75.59%       99.75%        0.25%        3.68%
Ordinary Resolution
5.7: Re-appointment of
SETC member: Mr Devrajh
Tyrone Soondarjee         1,030,575,154             76.74%       99.69%        0.31%        2.54%
Ordinary Resolution 6:
Implementation of
ordinary and special
resolutions               1,033,611,537             76.96%       99.97%        0.03%        2.31%
Resolution 7: Passing
of non-binding advisory
vote on the Group's
Remuneration Policy        1,033,025,659            76.92%       87.51%       12.49%        2.36%
Resolution 8: Passing
of non-binding advisory
vote on the Group's
Implementation Report      1,027,942,129            76.54%       87.95%       12.05%        2.73%
Special Resolution 1:
General authority to
repurchase Company
shares                     1,032,589,273            76.89%       99.89%        0.11%        2.39%
Special Resolution 2:
Approval to provide
financial assistance in
terms of sections 44
and 45 of the Companies   
Act                        1,032,521,452            76.88%       98.63%        1.37%        2.39%
Special Resolution 3:
Non-executive
directors' fees

3.1    Board Chair
                           1,031,123,078            76.78%       90.48%        9.52%        2.50%
3.2    Non-executive
       Director
                           1,031,782,067            76.83%       99.60%        0.40%        2.45%
3.3    Actuarial
       Committee Chair     1,031,296,755            76.79%       99.60%        0.40%        2.49%
3.4    Actuarial
       Committee Member    1,031,403,232            76.80%       99.60%        0.40%        2.46%
3.5    Audit Committee
       Chair               1,031,403,232            76.80%       99.60%        0.40%        2.46%
3.6    Audit Committee
       Member              1,031,372,216            76.79%       99.59%        0.41%        2.46%
3.7    Fair Practices
       Committee Chair     1,031,167,523            76.78%       99.57%        0.43%        2.48%
3.8    Fair Practices
       Committee Member    1,031,198,539            76.78%       99.60%        0.40%        2.48%
3.9    Investments
       Committee Chair     1,031,284,448            76.79%       99.58%        0.42%        2.47%
3.10   Investments
       Committee Member    1,031,284,448            76.79%       99.58%        0.42%        2.47%
3.11   Nominations
       Committee Chair     1,030,876,921            76.76%       99.62%        0.38%        2.50%
3.12   Nominations
       Committee Member    1,031,298,614            76.79%       99.62%        0.38%        2.49%
3.13   Remuneration
       Committee Chair     1,031,415,539            76.80%       99.60%        0.40%        2.48%
3.14   Remuneration
       Committee Member    1,030,860,000            76.76%       99.60%        0.40%        2.52%
3.15   Risk, Capital and
       Compliance
       Committee Chair     1,031,618,373            76.81%       99.57%        0.43%        2.46%
3.16   Risk, Capital and
       Compliance
       Committee Member    1,031,606,472            76.81%       99.59%        0.41%        2.46%
3.17 SETC Chair
                           1,032,008,102            76.84%       99.60%        0.40%        2.43%
3.18    SETC Member
                           1,032,015,858            76.84%       99.61%        0.39%        2.43%
3.19 Ad hoc fee per
     hour                  1,030,394,952            76.72%       98.30%        1.70%        2.55%
3.20 Permanent invitee -
     the fee will be the
     membership fee of
     the committee that
     the invitee sits on   1,029,690,779            76.67%       98.16%        1.84%        2.60%

* Based on 1 343 027 343 ordinary shares in issue as at record date 14 November 2025
** Based on the number of shares voted, excluding abstentions

CHANGES TO THE GROUP BOARD COMMITTEES

In compliance with paragraph 3.59 of the JSE Limited ("JSE") Listings Requirements
and paragraph 6.42 of the JSE Debt and Specialist Securities Listings Requirements,
shareholders and noteholders are advised of changes to the Group Board Committees, as
follows:

Board Committe membership changes for Ms Linda de Beer

Ms Linda de Beer has resigned as Chair and member of the SETC with effect from 20
November 2025. Ms de Beer continues to serve as an independent non-executive director
of the Company and MML. She remains Chair of the Group's Audit Committee, and a member
of the Nominations, Remuneration, as well as Risk, Capital and Compliance committees.

Board Committe membership changes for Dr Ann Frances (Frannie) Leautier

Dr Frannie Leautier has resigned as a member of the SETC with effect from 20 November
2025. Dr Leautier continues to serve as an independent non-executive director of the
Company and MML. She remains Chair of the Group's Remuneration Committee, and a member
of the Investments, Nominations, as well as Risk, Capital and Compliance committees.

Board Committe membership changes for Ms Sharoda Rapeti

Ms Sharoda Rapeti has been appointed as Chair of the SETC with effect from 21 November
2025. Ms Rapeti is an existing independent non-executive director of the Company and
MML, and remains a member of the Group's Risk, Capital and Compliance Committee.

These changes were made pursuant to the policy dealing with the nomination and
evaluation of directors of the Group.


Centurion
21 November 2025


Equity Sponsor in South Africa
Tamela Holdings (Pty) Limited

Sponsor in Namibia
Simonis Storm Securities (Pty) Limited

Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 21-11-2025 05:15:00
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