SOUTH OCEAN HOLDINGS LIMITED
                                    (Registration number 2007/002381/06)
                                 Incorporated in the Republic of South Africa
                                          (“South Ocean Holdings”)
                                   Share code: SOH      ISIN: ZAE000092748


                                  RESULTS OF THE ANNUAL GENERAL MEETING


Shareholders are advised that the Annual General Meeting (“AGM”) of shareholders was held on
Wednesday, 27 July 2022 and the details of the results of voting at the AGM are as follows:

-     Total number of South Ocean Holdings shares in issue at the date of the AGM: 203 276 794.
-     Total number of South Ocean Holdings shares that were present/represented at the AGM:
      178 649 153, being 87.89% of the total number of ordinary shares that could have voted at the AGM.

                                                                                   Abstain
                                                                                      (% of
                                                                                    issued     Total Votes
                                                              For       Against      share     (excluding
Resolution proposed                                            %             %     capital)   abstentions)

Ordinary resolution number 1 –
Approval of annual financial statements                   100.00%          0.00%      0.00%    178 656 078
Ordinary resolution number 2 –
Appointment of the auditors and designated
auditor                                                   100.00%          0.00%      0.00%    178 656 078
Ordinary resolution number 3 –
Re-election of Ms M Chong as a director                   100.00%          0.00%      0.00%    178 656 078
Ordinary resolution number 4 –
Re-election of Mr H L Li as a director                    100.00%          0.00%      00.0%    178 656 078
Ordinary resolution number 5 –
Re-election of Mr L L Chen as a director                  100.00%          0.00%      0.00%    178 656 078
Ordinary resolution number 6 –
Re-appointment of Audit and Risk Management
Committee member – Ms N Lalla                             100.00%          0.00%      0.00%    178 656 078
Ordinary resolution number 7 –
Re-appointment of Audit and Risk Management
Committee member – Mr H L Li                              100.00%          0.00%      0.00%    178 656 078
Ordinary resolution number 8 –
Re-appointment of Audit and Risk Management
Committee member – Mr K H Pon                             100.00%          0.00%      0.00%    178 656 078
Ordinary resolution number 9.1 –
Approval Remuneration Report                                94.91%         5.09%      0.00%    178 656 078
Ordinary resolution number 9.2 –
Approval Implementation Report                            100.00%          0.00%      0.00%    178 656 078
 Special Resolution number 1 –
 Approval of Non-executive Director’s fees for 2022    100.00%            0.00%   0.00%   178 656 078
 Special Resolution number 2 –
 Approval of loans or other financial assistance to
 related or inter-related companies                    100.00%            0.00%   0.00%   178 656 078
 Ordinary Resolution number 10 –
 Directors’ and Company Secretary’s authority to
 implement ordinary and special resolutions            100.00%            0.00%   0.00%   178 656 078

By order of the Board

Johannesburg
27 July 2022

                                             Sponsor
                                 AcaciaCap Advisors Proprietary Limited