Voluntary Announcement: Resignation of the Managing Director of Huge Telecom HUGE GROUP LIMITED (Registration number 2006/023587/06) Share code: HUG ISIN: ZAE000102042 (“Huge” or “the Company”) VOLUNTARY ANNOUNCEMENT: RESIGNATION OF THE MANAGING DIRECTOR OF HUGE TELECOM Shareholders are advised that Gunter Engling, the Managing Director of Huge Telecom, has resigned with effect from 6 November 2018. Robert (Rob) Burger, the Financial Director of Huge Telecom, has been appointed Acting Managing Director. Rob is a Chartered Accountant and a top level commercial and financial executive with 17 years of experience in the telecommunications industry, which he gained while working for Vodacom. Vodacom is a top 10 listed company in South Africa and is present in 16 countries in Africa and has 43 offices worldwide through its association with Vodafone. Rob was appointed as the Financial Director of Huge Telecom on 1 August 2018. Rob established the Vodacom Commercial Credit division and successfully ran the multi-billion Rand commercial credit portfolio for 6 years. Recently, Rob headed up the Vodacom Business finance function, which included being heavily involved in the commercial steering of Vodacom Business and in particular, cost containment, revenue enhancement, pricing and the commercial steering of customer proposals. Rob earned a Bachelor of Commerce in Accounting from the University of Port Elizabeth and a BComm (Honours) from UNISA. Huge Telecom is a wholly owned subsidiary of Huge Group. The Board of Huge Group, through its Nomination Committee, will commence a process of identifying a suitable candidate for Mr Engling’s replacement and shareholders will be updated accordingly. The Boards of Huge Group and Huge Telecom would like to thank Mr Engling for his contribution during his tenure as Managing Director and wish him luck with his future endeavours. Johannesburg 7 November 2018 Sponsor Questco Corporate Advisory (Pty) Ltd Date: 07/11/2018 04:01:00 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.