Results Of The Annual General Meeting AYO TECHNOLOGY SOLUTIONS LIMITED (Previously Sekunjalo Technology Solutions Limited) (Incorporated in the Republic of South Africa) Registration number: 1996/014461/06 JSE share code: AYO ISIN ZAE000252441 (“AYO Technology” or the “Company”) RESULTS OF THE ANNUAL GENERAL MEETING Shareholders are hereby advised that at the annual general meeting of the Company held at 10h00 on, Monday, 18 June 2018 at AYO Technology’s Head Office at Quay 7, East Pier, Breakwater Boulevard, Victoria & Alfred Waterfront (“AGM”), the majority of ordinary resolutions and all of the special resolutions were passed by the requisite majority of the Company’s shareholders. Shareholders are hereby advised that ordinary resolution number 17 was not passed as it did not obtain the 75% shareholder approval as required. Details of the results of the voting at the AGM are as follows: Votes against resolution Votes for as a Number of Number of resolution as percentage shares shares a percentage of total voted at abstained of total number of Number of AGM as a as a number of shares shares percentage percentage Resolutions proposed shares voted voted at voted at of shares in of shares in at the AGM at AGM AGM AGM issue issue Ordinary resolution number 1: To re-elect the following Director who retires by rotation: Mr S Young 100% -% 180 634 716 52.5% 29.05% Ordinary resolution number 2: To re-elect the following Director who retires by rotation: Mr KAW Hardy 100% -% 280 610 130 81.54% 0% Ordinary resolution number 3: To re-elect the following Director who retires by rotation: Ms N Gamieldien 100% -% 280 610 130 81.54% 0% Ordinary resolution number 4: To re-elect the following Director who retires by rotation: Mr S Nodwele 100% -% 280 610 130 81.54% 0% Ordinary resolution number 5: To re-elect the following Director who retires by rotation: Mr WG Madzonga 100% -% 180 634 716 52.5% 29.05% Ordinary resolution number 6: To re-elect the following Director who retires by rotation: Mr K Abdulla 100% -% 180 634 716 52.5% 29.05% Ordinary resolution number 7: To re-elect the following Director who retires by rotation: Miss CF Hendricks 100% -% 180 634 716 52.5% 29.05% Ordinary resolution number 8: To re-elect the following Director who retires by rotation: Mrs AB Amod 100% -% 180 634 716 52.5% 29.05% Ordinary resolution number 9: To re-elect the following Director who retires by rotation: Mr TM Ntsasa 100% -% 180 634 716 52.5% 29.05% Ordinary resolution number 10: To re-elect the following Director who retires by rotation: Ms MF Khoza 100% -% 180 634 716 52.5% 29.05% Ordinary resolution number 11: To re-elect the following Director who retires by rotation: Advocate NA Ramatlhodi 100% -% 180 634 716 52.5% 29.05% Ordinary resolution number 12 100% -0% 180 634 716 52.5% 29.05% To re-appoint the following member of the audit and risk committee: Ms MF Khoza Ordinary resolution number 13 To re-appoint the following member of the audit and risk committee: Advocate NA Ramatlhodi 100% -% 180 634 716 52.5% 29.05% Ordinary resolution number 14 To re-appoint the following member of the audit and risk committee: Mr TM Ntsasa 100% -% 180 634 716 52.5% 29.05% Ordinary resolution number 15: To Reappoint BDO as the independent auditor of the Company for the ensuing year 100% -% 280 610 130 81.54% 0% Ordinary resolution number 16: Control of authorised but unissued shares 64.37% 35.63% 280 610 085 81.54% 0% Ordinary resolution number 17: Approval to issue ordinary shares and/or options for cash 64.37% 35.63% 280 610 130 81.54% 0% Ordinary resolution number 18: Non-binding endorsement of the remuneration policy of the Company 64.37% 35.63% 280 610 085 81.54% 0% Ordinary resolution number 19: Non-binding advisory vote on the implementation of the remuneration policy of the Company 64.37% 35.63% 280 610 085 81.54% 0% Special resolution number 1: To approve the remuneration of non- executive directors 100% -% 280 610 085 81.54% 0% Special resolution number 2: 100% -% 280 610 085 81.54% 0% To approve inter- Company financial assistance Special resolution number 3: To approve financial assistance for the subscription and/or the acquisition of shares in the Company or in a related or inter-related company 100% -% 280 610 085 81.54% 0% Special resolution number 4: Approval for the Company or its subsidiaries to repurchase Company shares 100% -% 280 610 085 81.54% 0% Shareholders are further advised that, as ordinary resolution number 18, relating to the non- binding advisory vote on the remuneration policy of the Company and ordinary resolution number 19 relating to the non-binding advisory vote on the implementation of the remuneration policy, were voted against by 25% or more of the votes exercised by the Company’s shareholders present in person or represented by proxy at the AGM, an invitation will be extended to such dissenting shareholders to engage with the Company. The manner and timing of such engagement has not as yet been finalised and the Company will issue a further announcement shortly setting out such details. Cape Town 19 June 2018 Sponsor PSG Capital Date: 19/06/2018 03:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.