INTEGRATED ANNUAL REPORT FOR MULTICHOICE SOUTH AFRICA HOLDINGS (PTY) LTD AND PHUTHUMA NATHI INVESTMENTS (RF) LTD

SHAREHOLDER INFORMATION shareholder or as a proxy for a shareholder, has been reasonably verified. Forms of identification include a valid South African identity document, a driver’s licence and passport. Electronic participation Shareholders entitled to attend and vote at the AGM or their proxies will be entitled to participate in the AGM (but not vote) by electronic communication. Should a shareholder wish to participate in the AGM electronically, the shareholder should advise the company by no later than 09:00 on Thursday 16 August 2019 by submitting via registered mail addressed to the company (for the attention of Donna Dickson, (the company secretary) that shareholder’s contact details, as well as full details of the shareholder’s title to securities issued by the company and proof of identity, in the form of certified copies of identity documents and written confirmation from the transfer secretary confirming the shareholder’s title to the shares. On receipt of the required information, the shareholder will be given a secure code and instructions to access electronic communication during the AGM. Shareholders must note that access to the electronic communication will be for their expense. Majority required for the adoption of resolutions Each ordinary resolution requires the support of a simple majority (that is, 50% plus one) of the total number of voting rights exercised on the resolution in order to be adopted. In accordance with the Act, votes recorded as abstentions are not taken into account for purposes of determining the final percentage of votes cast in favour of resolutions. Presentation of annual financial statements and reports The suite of reports of the company, comprising the documents set out below, was made available to shareholders on 30 July 2019 and can be obtained at www.phuthumanathi.co.za or at the company’s registered office: w w consolidated annual financial statements of the company, incorporating among others, the directors’ report, the independent auditor’s report and the audit committee report for the financial year ended 31 March 2019. The annual financial statements will be presented to the shareholders at the AGM as required in terms of the Act. Ordinary resolutions 1. Ordinary resolution number 1: Re-election of directors To elect Clarissa Mack, who retires by rotation and being eligible offer herself for re-election as a director of the company. Her brief biographical details are included in this integrated annual report. The board unanimously recommends that the re-election of the director in terms of resolution number 1 be approved by shareholders of the company. 126  Phuthuma Nathi Investments (RF) Limited integrated annual report 2019 NOTICE OF ANNUAL GENERAL MEETING continued