TRANSACTION CAPITAL LIMITED - Change in Executive Roles, Appointment of Directors and Company Secretary

Change in Executive Roles, Appointment of Directors and Company Secretary

Transaction Capital Limited
(Incorporated in the Republic of South Africa)
Registration number: 2002/031730/06
JSE share code: TCP
ISIN: ZAE000167391
(“Transaction Capital” or “the company”)


CHANGE IN EXECUTIVE ROLES, APPOINTMENT OF DIRECTORS AND COMPANY
SECRETARY

In accordance with paragraph 3.59 of the JSE Limited Listings Requirements, the company wishes to
inform shareholders of the below changes in executive roles, director appointments and the
appointment of company secretary.

Since January 2014, Mark Herskovits has fulfilled a dual role as Transaction Capital’s Chief Financial
Officer in addition to heading the group’s capital markets function. Due to the growth prospects of
the group and the specialised skillset required to fulfil the group’s funding requirements, it has been
decided to split this role into two separately staffed functions.

Effective 1 August 2016, Mark will focus his energies exclusively on capital management, fulfilling
the role of Head of Capital Markets for the Transaction Capital group. Mark will be responsible for
the group’s funding and capital markets engagements with a predominant focus on SA Taxi. Due to
the strategic importance of group-wide capital management, as well as the value he brings to board
of directors (“board”) deliberations, Mark will remain an executive director of Transaction Capital
and a member of the Asset and Liability Committee. Mark will no longer be a member of the Social
and Ethics Committee.

In line with the group’s succession plans, Ronen Goldstein (CA(SA), CFA) will be appointed as the
financial director of Transaction Capital and a member of the Social and Ethics Committee with
effect from 1 August 2016. Ronen has been employed by Transaction Capital for over 4 years, was
appointed as company secretary on 1 December 2014, and has been involved in all aspects of the
group executive office, including tax, company secretarial, remuneration and group finance.

As the group financial director and company secretary roles are required to be distinct, Statucor
Proprietary Limited has been appointed to fulfil the statutory role of company secretary.

In addition to the above, the company is pleased to announce the appointment of Mr Kuben Pillay
(BA, LLB, MCJ) as an independent non-executive director of the company and member of the
Remuneration Committee with effect from 1 August 2016. Kuben is the non-executive chairman of
Primedia (Pty) Limited, a non-executive director of the Outsurance group of companies, and
previously served as the chairman of the Mineworkers Investment Company. The board looks
forward to Kuben’s contribution.

The above changes will position Transaction Capital with a board of 11 directors (7 non-executive, 6
of whom are independent).

Dunkeld West
1 August 2016

Enquiries:
Phillipe Welthagen - Investor Relations
Telephone: +27 (0) 11 049 6700

Sponsor:
Deutsche Securities (SA) Proprietary Limited

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