CONSOLIDATED INFRASTRUCTURE GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2007/004935/06)
JSE share code: CIL ISIN: ZAE000153888
(“CIG” or the “Company”)

NOTICE TO SHAREHOLDERS IN TERMS OF SECTION 143 OF THE COMPANIES ACT 71 OF 2008 (“COMPANIES ACT”) – MEETING OF SHAREHOLDERS OF THE COMPANY TO BE CONVENED FOR THE PURPOSE OF PROCURING A VOTE FROM SHAREHOLDERS IN TERMS OF SECTION 143(3)(b) OF THE COMPANIES ACT

Shareholders are referred to the SENS announcement released on Tuesday, 10 November 2020 wherein shareholders were advised that the Company had commenced voluntary business rescue proceedings.

Notice is hereby given to the shareholders of the Company pursuant to the provisions of Section 143(3) of the Companies Act that a virtual meeting of shareholders will be convened for the purpose of procuring a vote in terms of section 143(3)(b) of the Companies Act.

Section 143(3) of the Companies Act permits a business rescue practitioner, in agreement with the company in business rescue, to conclude a fee agreement, if the requisite support is obtained from the creditors and shareholders of the company.

Due to the ongoing COVID-19 pandemic, the number of shareholders of the Company and the current legislated restrictions pertaining to the convening of large gatherings, this meeting of shareholders in respect of the business rescue proceedings of the Company, will be convened virtually.

The notice in terms of Section 143 of the Companies Act, the details of the proposed fee agreement and all details of the virtual meeting to be convened, have been distributed and are available on the Company website, under the Business Rescue tab at www.ciglimited.com.

10 February 2021

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