Results of Annual General Meeting (“AGM”) and Financial Assistance in terms of Section 45 of the Companies Act NVEST FINANCIAL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2008/015990/06) (“NVest” or “the Company”) ISIN Code: ZAE000199865 JSE Code: NVE RESULTS OF ANNUAL GENERAL MEETING (“AGM”) AND FINANCIAL ASSISTANCE IN TERMS OF SECTION 45 OF THE COMPANIES ACT Shareholders are advised that, at the Company’s AGM held on 17 August 2020, the following resolutions were passed without modification. Number of ordinary shares represented at the meeting 247 611 961 Total issued number of ordinary shares 303 241 722 Percentage of ordinary shares represented at the meeting 81.65% Resolutions For Against Abstain Total Votes % % (% of issued (excluding share capital) abstentions) Ordinary Resolution Number 1 – Adoption of Annual Financial 247 611 961 - - 247 611 961 Statements 100.00% 0.00% 0.00% 100.00% Ordinary Resolution Number 2 – Appointment of director – Charl 247 551 961 - 60 000 247 551 961 Herselman 100.00% 0.00% 0.024% 100.00% Ordinary Resolution Number 3 – Director retirement and re-election 247 608 628 - 3 333 247 608 628 – Lusanda Mangxamba 100.00% 0.00% 0.001% 100.00% Ordinary Resolution Number 4 – Director retirement and re-election 247 608 628 - 3 333 247 608 628 – Dylan Schemel 100.00% 0.00% 0.001% 100.00% Ordinary Resolution Number 5 – Appointment and remuneration of 247 608 628 3 333 - 247 611 961 auditors 99.999% 0.001% 0.00% 100.00% Ordinary Resolution Number 6 – Re-appointment of Audit and Risk Committee member – Dylan 247 611 961 - - 247 611 961 Schemel 100.00% 0.00% 0.00% 100.00% Ordinary Resolution Number 7 – Re-appointment of Audit and Risk Committee member– Lusanda 247 608 628 - 3 333 247 608 628 Mangxamba 100.00% 0.00% 0.001% 100.00% Ordinary resolution number 8 – Re-appointment of Audit and Risk Committee member and Chairperson – Professor Lana Joy 247 611 961 - - 247 611 961 Weldon 100.00% 0.00% 0.00% 100.00% Ordinary resolution number 9 - Endorsement of Nvest's 235 366 511 3 333 12 242 117 235 369 844 remuneration policy 99.999% 0.001% 4.944% 100.00% Ordinary Resolution Number 10 – Endorsement of the implementation of NVest’s 235 366 511 3 333 12 242 117 235 369 844 remuneration policy 99.999% 0.001% 4.944% 100.00% Special Resolution Number 1 – General authority to allot and 242 868 249 3 333 4 740 379 242 871 582 issue shares for cash 99.999% 0.001% 1.914% 100.00% Special Resolution Number 2 – Authority to issue shares, securities convertible into shares or rights that may exceed 30% of the voting power 242 868 249 3 333 4 740 379 242 871 582 of the current issued share 99.999% 0.001% 1.914% 100.00% capital Special Resolution Number 3 – Non-Executive Directors’ 242 868 249 3 333 4 740 379 242 871 582 remuneration 99.999% 0.001% 1.914% 100.00% Special resolution number 4 – General authority to enter into funding agreements, provide loans or other financial 247 548 628 63 333 - 247 611 961 assistance 99.974% 0.026% 0.00% 100.00% Special Resolution Number 5 – General authority to acquire 247 611 961 - - 247 611 961 (repurchase) shares 100.00% 0.000% 0.00% 100.00% Special Resolution Number 6 – Company acquiring the Company’s shares from a 247 608 628 3 333 - 247 611 961 director or prescribed officer 99.999% 0.001% 0.00% 100.00% Notice is hereby given in accordance with section 45(5) of the Companies Act, No. 71 of 2008 (“the Companies Act”) that, pursuant to the authority granted to the board of directors of NVest ("the Board") by shareholders at the annual general meeting of the Company held on 17 August 2020, the Board has adopted a resolution to provide financial assistance to related and/or inter-related entities as contemplated in section 45(2) of the Companies Act. The resolutions passed by the Board authorise the Company to provide financial assistance to its subsidiaries and inter-related entities, as envisaged in terms of section 45 of the Companies Act ("the Financial Assistance"). The authority to provide Financial Assistance includes that which exceeds a tenth of 1% of the Company’s net worth. The Board, prior to authorising the Financial Assistance, will consider and satisfy itself, in terms of section 45 of the Companies Act, that: - immediately after providing the Financial Assistance, the Company would satisfy the solvency and liquidity test as contemplated in section 4 of the Companies Act; - the terms of the Financial Assistance are fair and reasonable in relation to the Company; and - there has been due compliance with the Company’s Memorandum of Incorporation and with the Companies Act. East London 17 August 2020 Designated Advisor AcaciaCap Advisors Proprietary Limited Date: 17-08-2020 03:52:00 Produced by the JSE SENS Department. 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