Changes to the Board of Directors ENX GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 2001/029771/06) JSE share code: ENX ISIN: ZAE000222253 (“enX” or the “Company”) CHANGES TO THE BOARD OF DIRECTORS In compliance with the JSE Limited Listings Requirements, shareholders are advised of changes to the Board of Directors (“Board”) of enX. Mr Mpho Makwana will step down as Chairman of the Board and as non-executive Director at the next Board meeting scheduled for 24 July 2019. The Board extends its appreciation to Mr Makwana who has been a non-executive Director since 1 February 2014 and served as Chairman since January 2018. Mr Makwana served as the lead independent director during the strategic transformation of enX and in particular the acquisition of Eqstra Group Limited. Dr Steve Booysen, who has been a non-executive Director of the Company since 8 November 2016 has been appointed as Mr Makwana’s successor. Dr Booysen is currently chairman of the Assets and Liabilities committee and member of the Audit and Risk Committee, Investment Committee, Remuneration Committee and Nominations Committee. Mr Makwana will assist Dr Booysen in a smooth handover of responsibilities up until 24 July 2019. The Board wishes to thank Mr Makwana for his strong guidance and leadership in transforming the Company since 1 January 2014 into what it is today. The Board also wishes Dr Booysen well in the next phase of the Company’s evolution. Johannesburg 11 June 2019 Sponsor The Standard Bank of South Africa Limited Date: 11/06/2019 04:48:00 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.