The JSE willBrimstone Investment Corporation Limited
(Incorporated in the Republic of South Africa)
(Registration number 1995/010442/06)
(ISIN code: ZAE000015277      Share code: BRT)
(ISIN code: ZAE000015285      Share code: BRN)
(“Brimstone”)

RESULTS OF ANNUAL GENERAL MEETING

Shareholders are advised that the voting results for the annual general meeting (“AGM”) of Brimstone, which was conducted entirely by electronic communication on Monday, 30 May
2022, are as follows:

 Resolution                               Number of shares voted          Percentage of shares in               For**                          Against**                 Abstained***
                                                                                  issue*                         %                                %                              %
                                                                                      %
                                      Ordinary shares      “N” ordinary    Ordinary            “N”   Ordinary        “N”    Total   Ordinary          “N”     Total   Ordinary            “N”
                                                                 shares      shares       ordinary     shares   ordinary   shares     shares     ordinary    shares     shares       ordinary
                                                                                            shares                shares                           shares                              shares
 1.   Ordinary resolution number 1:
      Re-election of directors
 1.1 T Moodley                         2 758 997 500       154 193 361        69.19         68.54     100.00      100.00   100.00       0.00          0.00     0.00       0.08          0.01
 1.2 LA Parker                         2 758 997 500       154 193 361        69.19         68.54       98.31      66.11    96.61       1.69        33.89      3.39       0.08          0.01
 1.3 F Robertson                       2 758 997 500       154 193 361        69.19         68.54       99.99      97.65    99.86       0.01          2.35     0.14       0.08          0.01
 1.4 FD Roman                          2 758 997 500       154 193 361        69.19         68.54       99.99      90.39    99.48       0.01          9.61     0.52       0.08          0.01
 2.   Ordinary resolution number 2:
      Election of directors
 2.1 L Wort                            2 758 997 500       154 193 361        69.19         68.54     100.00       92.20    99.59       0.00          7.80     0.41       0.08          0.01
 2.2 M Ndlovu                          2 758 997 500       154 193 361        69.19         68.54     100.00      100.00   100.00       0.00          0.00     0.00       0.08          0.01
3.    Ordinary resolution number 3:
      Appointment of members of
      the audit and risk committee
 3.1 N Khan                            2 758 997 500       154 193 361        69.19         68.54       98.31      66.58    96.63       1.69        33.42      3.37       0.08          0.01
 3.2 PL Campher                        2 758 997 500       154 193 361        69.19         68.54       98.31      83.02    97.51       1.69        16.98      2.49       0.08          0.01
 3.3 KR Moloko                         2 758 997 500       154 193 361        69.19         68.54     100.00      100.00   100.00       0.00          0.00     0.00       0.08          0.01
 3.4 M Ndlovu (subject to his          2 758 997 500       154 193 361        69.19         68.54     100.00      100.00   100.00       0.00          0.00     0.00       0.08          0.01
     election as a director)
3.5 LA Parker (subject to his          2 758 997 500   154 193 361   69.19   68.54   98.31   66.11   96.61   1.69   33.89   3.39   0.08   0.01
    election as a director)
3.6 FD Roman (subject to her           2 758 997 500   154 193 361   69.19   68.54   98.31   82.56   97.48   1.69   17.44   2.52   0.08   0.01
    election as a director)
3.7 L Wort (subject to his election    2 758 997 500   154 193 361   69.19   68.54   99.99   92.18   99.57   0.01    7.82   0.43   0.08   0.01
    as a director)
4.   Ordinary resolution number 4:     2 758 997 500   154 193 361   69.19   68.54   99.99   99.98   99.99   0.01    0.02   0.01   0.08   0.01
     Re-appointment of auditors
5.   Ordinary resolution number 5:     2 758 997 500   154 193 361   69.19   68.54   98.14   62.22   96.24   1.86   37.78   3.76   0.08   0.01
     To place the unissued shares
     under the directors’ control
6.   Ordinary resolution number 6:     2 758 997 500   154 193 361   69.19   68.54   96.66   62.02   94.83   3.34   37.98   5.17   0.08   0.01
     Approval to issue shares for
     cash
7.   Ordinary resolution number 7:     2 758 997 500   154 193 361   69.19   68.54   98.33   75.27   97.11   1.67   24.73   2.89   0.08   0.01
     Specific authority to directors
     to offer different dividend
     alternatives
8.   Non-binding advisory              2 758 997 500   154 193 361   69.19   68.54   98.14   90.28   97.73   1.86    9.72   2.27   0.08   0.01
     resolution 1: Remuneration
     policy
9.   Non-binding advisory              2 758 997 500   154 193 361   69.19   68.54   98.14   90.28   97.73   1.86    9.72   2.27   0.08   0.01
     resolution 2: Implementation
     report
10. Special resolution number 1:       2 758 997 500   154 193 361   69.19   68.54   99.99   99.98   99.99   0.01    0.02   0.01   0.08   0.01
    Non-executive directors’ fees
11. Special resolution number 2:       2 758 997 500   154 193 361   69.19   68.54   96.84   99.94   97.00   3.16    0.06   3.00   0.08   0.01
    General authority to
    repurchase Ordinary and “N”
    Ordinary shares
12. Special resolution number 3:       2 758 997 500   154 193 361   69.19   68.54   98.51   90.83   98.10   1.49    9.17   1.90   0.08   0.01
    General authority for financial
    assistance in terms of Section
    44 of the Act
13. Special resolution number 4:       2 758 997 500   154 193 361   69.19   68.54   96.66   90.80   96.35   3.34    9.20   3.65   0.08   0.01
    General authority for financial
        assistance in terms of Section
        45 of the Act
    14. Special resolution number 5:      2 758 997 500       154 193 361       69.19       68.54      100.00       71.68     98.50         0.00      28.32       1.50        0.08        0.01
        Authority to issue shares to
        persons falling within the
        ambit of Section 41(1) of the
        Act for the purpose of
        distribution reinvestment
        alternatives
    15. Special resolution number 6:      2 758 997 500       115 648 847       69.19       51.40      100.00      100.00    100.00         0.00       0.00       0.00        0.08        0.01
        Specific Repurchase of “N”
        ordinary shares


*         Based on 3 987 414 600 ordinary votes (representing 39 874 146 ordinary shares in issue) and 224 975 962 “N” ordinary votes (representing 224 975 962 “N” ordinary shares in issue)
          at the date of the AGM. Brimstone ordinary shares carry 100 votes per ordinary share and “N” ordinary shares carry 1 vote per “N” ordinary share.
**        In relation to the total number of ordinary shares and “N” ordinary shares voted at the AGM.
***       In relation to the total number of ordinary shares and “N” ordinary shares in issue at the date of the AGM.

Based on the above voting results, all resolutions were passed by the requisite majority of Brimstone shareholders present in person or represented by proxy at the AGM.

Cape Town
30 May 2022

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