Notification of changes to the Board ECSPONENT LIMITED Incorporated in the Republic of South Africa Registration number: 1998/013215/06 JSE Code: ECS - ISIN: ZAE000179594 Debt Issuer Code: ECSD (“the Company” or “Ecsponent”) NOTIFICATION OF CHANGES TO THE BOARD The board of directors of Ecsponent (“the Board”) is pleased to advise shareholders of the appointment of Mr Cobus Beetge as a Non-Executive director with effect from 5 June 2020. Mr Beetge holds a B.Com degree from the University of South Africa as well as a BSc Agricultural Engineering from the University of Pretoria. Mr Beetge serves as director of several companies and is one of the biggest investors in the Company’s hybrid preference shares. He also serves as the Managing Director of J P Landgoed, an agricultural business with multifaceted farming operation and Investment holding companies. Mr Beetge built a multifaceted agricultural business that is currently one of the leading exporters to the Asian and European markets and is renowned for his contribution to this sector. The Board welcomes Mr Beetge and looks forward to his contribution to the Company. Shareholders are further advised that with effect from 5 June 2020: • Mr Keith Rayner will assume the role of Independent Non-Executive Chairman of the Company; • Mr Craig Lyons resigns as Non-Executive Chairman and director of the Company and has been reassigned to assist and support the Company’s key investment, MyBucks S.A. (“MyBucks”), as a member of its board and focus on strengthening the underlying business; and • Mr Patrick Matute resigns as a Non-Executive director and has been reassigned to the Company’s key investment, MyBucks and will serve as an executive member of the MyBucks board. For more information about this announcement or the Ecsponent group, email email@example.com or visit www.ecsponentlimited.com/investor-relations. 5 June 2020 Pretoria Sponsor to Ecsponent Questco Corporate Advisory (Pty) Ltd Date: 05-06-2020 02:56:00 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.
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