SYGNIA LIMITED (Incorporated in the Republic of South Africa) (Registration number 2007/025416/06) Share code on the JSE and A2X: SYG ISIN: ZAE000208815 (“Sygnia” or the “Company”) RESULTS OF ANNUAL GENERAL MEETING AND RESIGNATION OF DIRECTOR Sygnia shareholders are advised that all the ordinary and special resolutions in the Notice of the Annual General Meeting (“AGM”) dated 5 December 2022 and tabled at the Company’s AGM held on Monday, 30 January 2023, were passed by the requisite majority of votes of shareholders present or represented by proxy. The following information is provided: Total number of issued ordinary shares: 150 460 489 Number of ordinary shares represented at the AGM: 112 070 410 Percentage of ordinary shares represented at the AGM: 74.48% Details of the voting results are set out below: Resolution Number of Percentage of For** Against** Abstained* shares voted shares voted* Ordinary Resolution 1: To appoint the auditor of the 111 948 593 74.40% 99.99% 0.01% 0.08% Company Ordinary Resolution 2.1: To re-elect the non-executive director 111 948 493 74.40% 99.11% 0.89% 0.08% - Prof H Bhorat Ordinary Resolution 2.2: To re-elect the non-executive director 111 948 493 74.40% 99.99% 0.01% 0.08% – Ms C Appana Ordinary Resolution 3.1: To elect the Audit and Risk 111 948 593 74.40% 99.99% 0.01% 0.08% Committee members - Mr G Cavaleros (Chairman) Ordinary Resolution 3.2: To elect the Audit and Risk 111 948 593 74.40% 99.99% 0.01% 0.08% Committee members - Ms C Appana Ordinary Resolution 3.3: To elect the Audit and Risk 111 948 493 74.40% 99.99% 0.01% 0.08% Committee members - Mr J Boyd Ordinary Resolution 4: To authorise the issue of ordinary 111 955 728 74.41% 92.58% 7.42% 0.08% shares for cash Ordinary Resolution 5: Control of authorised but unissued 111 955 728 74.41% 97.72% 2.28% 0.08% shares Ordinary Resolution 6: Non-binding advisory vote on the 111 947 228 74.40% 93.71% 6.29% 0.08% Sygnia remuneration policy Ordinary Resolution 7: Non-binding advisory vote on the 111 946 393 74.40% 93.72% 6.28% 0.08% Sygnia implementation report Ordinary Resolution 8: To authorise directors and the 111 949 428 74.40% 99.99% 0.01% 0.08% company secretary to implement special and ordinary resolutions Special Resolution 1: Approval of remuneration of non- 111 940 478 74.40% 99.11% 0.89% 0.09% executive directors Special Resolution 2: Authority to repurchase shares 111 955 728 74.41% 98.86% 1.14% 0.08% Special Resolution 3: Approval to provide financial 111 949 428 74.40% 99.99% 0.01% 0.08% assistance to subsidiaries and related or inter-related companies Special Resolution 4: Approval to provide financial 111 949 428 74.40% 99.10% 0.90% 0.08% assistance for the subscription or purchase of securities *Based on 150 460 489 shares in issue as at the date of the AGM **Based on the number of shares voted RESIGNATION OF DIRECTOR In compliance with paragraph 3.59 of the JSE Listings Requirements, shareholders are advised that Mr Murad Sirkot has resigned as the financial director of the Company with effect from 1 April 2023 to pursue other career opportunities. The Sygnia board expresses its sincere thanks to Mr Sirkot for his contribution to the growth of the Company over the past four years. Cape Town 31 January 2023 Sponsor: The Standard Bank of South Africa Limited