INTEGRATED ANNUAL REPORT FOR PHUTHUMA NATHI INVESTMENTS (RF) LIMITED

FORM OF PROXY

PHUTHUMA NATHI INVESTMENTS (RF) LIMITED

(Incorporated in the Republic of South Africa)

(Registration number: 2006/0015187/06)

(the company)

For use by shareholders at the annual general meeting (AGM) to be held onWednesday 30 August 2017 immediately after the MultiChoice

South Africa Holdings Proprietary Limited AGM, which is scheduled to be held at 11:00 on that day at MultiChoice City, 144 Bram Fischer

Drive, Randburg.

I/We

(Name in block letters)

Identity number/registration number

(Address)

being the holder(s) of

ordinary shares

in the company, hereby appoint (see note 1)

or failing him/her

3. the chair of the company, or failing him/her, the chair of the AGM

as my/our proxy to vote for me/us on my/our behalf at the AGM of the company to be held onWednesday 30 August 2017 at MultiChoice

City, immediately after the MultiChoice South Africa Holdings Proprietary Limited AGM, which is to be held at 11:00 on that day, or at any

adjournment, and generally to act as my/our proxy at this AGM.

I/We desire to vote as follows (see note 8):

For

Against Abstain

Ordinary resolution 1

Acceptance of annual financial statements

Ordinary resolution 2

Confirmation and approval of payment of ordinary dividend

Ordinary resolution 3

Reappointment of PricewaterhouseCoopers Inc. as auditor

Ordinary resolution 4

Election of C P Mack as a director

Ordinary resolution 5

Appointment of the following audit committee members:

M Langa

P O Goldhawk

C P Mack

Ordinary resolution 6

Authorisation to implement all resolutions adopted at the AGM

Signed at

on this

day of

2017

Signature

Assisted (where applicable)

Each shareholder is entitled to appoint one or more proxies (who need not be a shareholder(s) of the company).

Please see notes o

n page 102.

SHAREHOLDER INFORMATION

(CONTINUED)

Phuthuma Nathi Investments (RF) Limited

Integrated annual report 2017

101