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

board has approved a distribution of 2 222.22 cents per share, after having applied the solvency and liquidity test and reasonably concluded that the company will satisfy the solvency and liquidity test immediately after completing the proposed distribution. 6. Ordinary resolution number 6: Authorisation to implement resolutions To authorise each of the directors of the company to do all things, perform all acts and sign all documents necessary or desirable to effect the implementation of the ordinary and special resolutions adopted at this AGM. Other business To transact such other business as may be transacted at an AGM. By order of the board D M Dickson Company secretary 26 July 2019 128  Phuthuma Nathi Investments (RF) Limited integrated annual report 2019 SHAREHOLDER INFORMATION NOTICE OF ANNUAL GENERAL MEETING continued