Meeting Results and Director Independence

14 December 2018 Annual Meeting Results and Director Independence The Board of Directors of Sanford Limited wishes to announce that the following ordinary resolutions were passed, by way of poll, at its Annual Meeting of Shareholders held today: Resolutions 1. Re-election of Robert McLeod 2. Election of Abigail Foote 3. Increase in Directors Fees 4. Auditor remuneration Detail of the total number of votes cast in person or by a proxy holder are: Resolution For Against 1.Re-election of Robert McLeod 54,926,326 (99.96%) 21,107 (0.04%) 2. Election of Abigail Foote 54,912,006 (100.00%) 100 (0.00%) 3. Increase in Directors Fees 54,594,713 (99.72%)151,621 (0.28%) 4. Auditor remuneration 54,905,934 (99.98%)11,649 (0.02%) Director Independence The Board has determined that the following Directors are Independent Directors: Abigail Foote Peter Kean Robert McLeod Paul Norling Peter Goodfellow is not an Independent Director due to his association with a major shareholder. Volker Kuntzsch Chief Executive Officer End CA:00328427 For:SAN Type:MEETING Time:2018-12-14 17:04:38