Appointment to the board - FGL Finbond Group Limited (Incorporated in the Republic of South Africa) (Registration number: 2001/015761/06) Share code: FGL ISIN: ZAE00013895 (“Finbond” or “the Company” or “the Group”) APPOINTMENT TO THE BOARD In accordance with the requirements of paragraph 3.59 of the JSE Listings Requirements, shareholders are advised of the appointment to the board, with immediate effect, of Mr Greg Labuschagne, in the capacity of Chief Financial Officer. Mr Labuschagne has been serving as the group’s Acting Chief Financial Officer and Financial Director, as advised to shareholders in the announcement published on SENS on 14 November 2018. Mr Labuschagne is a qualified South African Chartered Accountant (CA(SA)) since 2006, as well as a qualified Canadian Chartered Professional Accountant (CPA, CA) since 2013. Mr Labuschagne obtained his B.Com (Accounting) Honours from the University of Pretoria and performed his articles at KPMG. Mr Labuschagne previously served as Financial Director and Chief Financial Officer at Finbond Group Limited, responsible for group-wide finance and statutory functions between 2009 and 2011 and was appointed as Chief Financial Officer of Finbond Group International during July 2018. Prior to rejoining Finbond Group Limited, Mr Labuschagne served as the Chief Financial Officer of the Conservative Party of Canada. Pretoria 12 March 2019 SPONSOR: GRINDROD BANK LIMITED Date: 12/03/2019 05:00:00 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.