INTEGRATED ANNUAL REPORT FOR MULTICHOICE SOUTH AFRICA HOLDINGS (PTY) LTD AND PHUTHUMA NATHI INVESTMENTS 2 (RF) LTD

SHAREHOLDER INFORMATION NOTICE OF ANNUAL GENERAL MEETING MultiChoice South Africa Holdings Proprietary Limited (Incorporated in the Republic of South Africa) (Registration number 2006/015293/07) (MCSA or the company) Notice is given in terms of the Companies Act of South Africa No 71 of 2008, as amended (the Act), that the 13th annual general meeting (AGM) of the company will be held at MultiChoice City, 144 Bram Fischer Drive, Randburg at 11:00 on Wednesday 28 August 2019. Please note that the registration counter for purposes of registering to vote at the AGM will close at 10:45 on Wednesday 28 August 2019. Purpose of meeting The purpose of the AGM is: (i) to present the audited annual financial statements of the company for FY2019 and consider and adopt the directors’ report and the audit committee report; (ii) to consider and, if approved, to adopt with or without amendment, the resolutions set out on below; and (iii) to transact any other business as may be transacted at an AGM in terms of the Act and the memorandum of incorporation of the company (MOI). Record dates The notice record date, being the record date to determine which shareholders would receive this AGM notice together with the report is 26 July 2019. The voting record date, being the record date on which an individual must be registered as a shareholder in the company’s securities register for the purposes of being entitled to attend and vote at the AGM is 14 August 2019. Voting and proxy forms Only persons present in person at the AGM or represented by a valid proxy will be entitled to cast a vote on any matter put to a vote of shareholders. Votes at the AGM will be taken by way of a poll and not on a show of hands. Each shareholder present in person or represented by proxy will be entitled to one vote for every share held by such shareholder. A shareholder may appoint a proxy at any time. For practical purposes, forms of proxy must reach the transfer secretaries of the company Singular Systems Proprietary Limited at either 25 Scott Street, Waverley 2090 or PO Box 785261, Sandton 2146 or Phuthumanathi@singularservices.co.za , not less than forty-eight (48) hours before the AGM, that is by 11:00 on Monday 26 August 2019. Any proxies not received by this time must be handed in at the registration desks at MultiChoice City on Wednesday 28 August 2019 prior to the commencement of the AGM. A form of proxy is enclosed with this notice. The form of proxy may also be obtained from the registered office of the company. In accordance with article 6.8 of the company’s MOI: w w each shareholder of Phuthuma Nathi Investments (RF) Limited (Phuthuma Nathi) has been irrevocably appointed as a proxy for Phuthuma Nathi and is entitled, at the AGM of the company, to exercise one vote for each share that shareholder holds in Phuthuma Nathi, and w w each shareholder of Phuthuma Nathi Investments 2 (RF) Limited (Phuthuma Nathi 2) has been irrevocably appointed as a proxy for Phuthuma Nathi 2 and is 118  MultiChoice South Africa Holdings Proprietary Limited integrated annual report 2019