Appointment of Independent Non-Executive Director to the Board ECSPONENT LIMITED Incorporated in the Republic of South Africa Registration number: 1998/013215/06 JSE Code: ECS – ISIN: ZAE000179594 Debt Issuer Codes: ECSP and ECSD (“Ecsponent” or “the Company”) APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR TO THE BOARD In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, shareholders are advised that Mr Godwin Nyengedza has been appointed as independent non-executive director to the board of directors of the Company (“the Board”) with effect from 1 January 2020. Mr Godwin Nyengedza is currently the Managing Partner of Hogwe Nyengedza Attorneys, a fully- fledged Harare based law firm which opened its doors to the public on 1 July 2019. He was until recently, a partner with the law firm Scanlen & Holderness where he was responsible for continuous legal education. Godwin is an English trained barrister who is also qualified to practise as a Legal Practitioner, Conveyancer and Notary Public in Zimbabwe. He is a member of Lincolns Inn and an Associate member of the Chartered Institute of Arbitrators. A holder of an LL.B and LL.M (London), Godwin is also a PhD (Law) candidate. Godwin has over 20 years’ experience in commerce, cross-border transport and logistics gained both locally and abroad. In addition, he has expertise in all aspects of corporate law, banking, tax law, commercial transactions, insolvency, trade investment, international immigration and alternative dispute resolution. He has also been involved in high profile criminal litigation and white-collar cross border criminal defence work. His broad knowledge in tax collection, financial services regulation and international trade and migration has seen him serve on several boards of private, listed and State enterprises over many years. As part of his desire to mentor budding lawyers, he has previously lectured at the University of Zimbabwe. Godwin is a passionate Formula 1 follower. He also spends part of his time on charitable and benevolent causes in aid of his firm’s corporate social responsibility. The Board welcomes Godwin and looks forward to his contribution to the Company. For more information about this announcement or the Ecsponent group, email investor.relations@ecsponent.com or visit www.ecsponentlimited.com/investor-relations 26 November 2019 Pretoria Sponsor to Ecsponent Questco Corporate Advisory (Pty) Ltd Date: 26-11-2019 05:30:00 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.