Change to the Board of Directors - NQA NQABA FINANCE 1 (RF) LIMITED Registration Number 2005/040050/07 (JSE Alpha code: NQA) (“Nqaba" or the “issuer) Bond Code ISIN No NQ1A10 ZAG000077686 NQ1A24 ZAG000143991 NQ1A25 ZAG000144007 NQ1A27 ZAG000151531 NQ1A28 ZAG000159583 NQ1B10 ZAG000077702 NQ1B17 ZAG000126467 NQ1B20 ZAG000151549 NQ1B21 ZAG000159591 NQ1C10 ZAG000077694 NQ1C17 ZAG000126459 NQF1D5 ZAG000077678 Change to the Board of Directors of Nqaba Finance 1 (RF) Limited. In compliance with paragraph 6.39 of the JSE Debt Listings Requirements, noteholders are herewith advised of the following change to the boards of directors of Nqaba. Henda Van Deventer has been appointed as an Independent Non-Executive director to the Board of Nqaba, effective 02 August 2021. Brian Coombe has resigned as Independent Non-Executive director to the Board of Nqaba, effective 02 August 2021. Brian Coombe has resigned due to other related commitments and to allow for board diversification and succession planning purposes. For further information, please contact: Eskom Finance Company SOC Ltd Megawatt Park Maxwell Drive Sunninghill 2157 Ettienne Bester Tel +27 11 800 5405 Email: besteret@eskom.co.za Johannesburg 05 November 2021 Debt Sponsor Absa Bank Limited (acting through its Corporate and Investment Bank division) Date: 05-11-2021 11:55:00 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.