Sephaku : Results of the annual general meeting held on 15 September 2021

Sephaku Holdings Limited

(Incorporated in the Republic of South Africa) (Registration number: 2005/003306/06) Share code: SEP

ISIN: ZAE000138459 ("SepHold" or "the Company")

Results of the Annual General Meeting

Shareholders are advised that at the Annual General Meeting of SepHold shareholders ("AGM") which was held on Wednesday, 15 September 2021, all the ordinary and special resolutions proposed thereat, were approved by the requisite majority of votes.

• The Company's total issued share capital as at the Voting Record Date, being Friday, 10 September 2021 was 254 486 436 ordinary shares.
• The total number of the Company's shares present/represented (including proxies) at the AGM was 141 451 841.
• The total percentage of the Company's shares present/represented (including proxies) at the AGM in relation to the total issued share capital of the Company was 55.58%.

The voting results are set out hereunder:

Resolutions	Shares voted	Votes	Votes	Votes
			Abstained	for	against
	Number	(1)	(1)	(2)	(2)
Ordinary resolution number 1
Re-appointment of BDO South Africa Incorporated as the	141 416 336	55,57%	0,01%	100%	0%
Company's independent external auditor
Ordinary resolution number 2.1
Re-election of Ms B Bulo as an independent non-executive	141 416 336	55,57%	0,01%	93,77%	6,23%
director
Ordinary resolution number 2.2	141 416 336	55,57%	0,01%	99,26%	0,74%
Re-election of Mr M Ngoasheng as a non-executive director
Ordinary resolution number 3.1
Appointment of Mr B Williams as a member of the Audit and	141 416 336	55,57%	0,01%	99,26%	0,74%
Risk Committee
Ordinary resolution number 3.2
Appointment of Ms MJ Janse van Rensburg as a member and	141 416 336	55,57%	0,01%	100%	0%
the Chairperson of the Audit and Risk Committee
Ordinary resolution number 3.3
Appointment of Ms B Bulo as a member of the Audit and Risk	141 416 336	55,57%	0,01%	100%	0%
Committee
Ordinary resolution number 4.1	141 416 336	55,57%	0,01%	93,03%	6,97%
Non-binding advisory vote on the SepHold remuneration policy
Ordinary resolution number 4.2
Non-binding advisory vote on the SepHold remuneration	141 416 336	55,57%	0,01%	93,03%	6,97%
implementation report
Ordinary resolution number 5	141 416 336	55,57%	0,01%	100%	0%
Directors' authorising resolution
Ordinary resolution number 6	141 416 336	55,57%	0,01%	92,58%	7,42%
Control of authorised but unissued ordinary shares

Resolutions			Votes	Votes	Votes
	Shares voted	Abstained	for	against
	Number	(1)	(1)	(2)	(2)
Ordinary resolution number 7	141 416 336	55,57%	0,01%	92,58%	7,42%
General authority to issue shares for cash
Special resolution number 1
General authority for the Company to repurchase its own	141 416 336	55,57%	0,01%	99,26%	0,74%
securities
Special resolution number 2	141 416 336	55,57%	0,01%	100%	0%
Approval of the remuneration of non-executive directors
Special resolution number 3
General authority regarding the provision of financial assistance	141 416 336	55,57%	0,01%	99,26%	0,74%
as contemplated in section 44 of the Companies Act for any
beneficiary participating in any SepHold group incentive scheme
Special resolution number 4
General authority regarding the provision of financial assistance	141 416 336	55,57%	0,01%	100%	0%
as contemplated in section 45 of the Companies Act for present
or future subsidiaries

Notes:

1. As a percentage of total shares in issue.
2. As a percentage of shares voted.

Centurion

15 September 2021

Enquiries contact: Sakhile Ndlovu

Sephaku Holdings

Investor Relations

012 612 0210

Sponsor to Sephaku Holdings: Questco Corporate Advisory Proprietary Limited

About Sephaku Holdings Limited

Sephaku Holdings Limited is a building and construction materials company with a portfolio of investments in the cement and mixed concrete sectors in South Africa. The Company's core investments are a 36% stake in Dangote Cement South Africa (Pty) Ltd and 100% in Métier Mixed Concrete (Pty) Ltd. SepHold's strategy is to generate income and realise value for shareholders through the production of cement and ready mixed concrete in Southern Africa. www.sephakuholdings.com.