Appointment to the Board of Directors and Change in Function of a Director Workforce Holdings Limited Incorporated in the Republic of South Africa (Registration number 2006/018145/06) Share code: WKF ISIN: ZAE000087847 (“Workforce” or “the Company” or “the Group”) APPOINTMENT TO THE BOARD OF DIRECTORS AND CHANGE IN FUNCTION OF A DIRECTOR In compliance with paragraph 3.59 of the Listings Requirements of JSE Limited, the board of directors of Workforce (“the Board”) hereby notifies its shareholders that Mr Shaun Naidoo (“Shaun”) has been appointed as a non-executive director of the Company with effect from 26 June 2017, as a representative of the Company’s shareholder, Vunani Corporate Finance (a division of Vunani Capital Proprietary Limited). He will replace Mr Mark Anderson, who will remain on the Board as an alternate director to Shaun. Shaun is a qualified Chartered Accountant and holds an MBA, which he completed in 2016 at the Gordon Institute of Business Science. He completed his articles at KPMG, whereafter he served as an Audit Manager and chairman of the social and responsibility committee. Shaun is a Corporate Finance Director at Vunani Corporate Finance, where he is involved in, inter alia, the execution of corporate transactions, BEE structuring, balance sheet restructuring, valuations, IFRS and tax advisory and capital raising. The Board welcomes Shaun, and looks forward to his contributions to the Group. Johannesburg 27 June 2017 Designated Adviser Merchantec Capital Date: 27/06/2017 02:05:00 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.