Changes to the Board – Resignation of Independent Non-Executive Director ESOR LIMITED (Incorporated in the Republic of South Africa) (Registration number 1994/000732/06) JSE code: ESR ISIN: ZAE000184669 (“Esor” or “the company”) CHANGES TO THE BOARD – RESIGNATION OF INDEPENDENT NON- EXECUTIVE DIRECTOR The board of directors of Esor (“the Board”) hereby notifies shareholders that Haroon Takolia has resigned as an independent non-executive director and as Chairman of the Audit and Risk committee of the company with effect from 14 November 2018. Haroon was appointed to the Board on 16 November 2017. The Board takes this opportunity to express their appreciation to Haroon and extends its best wishes for his future endeavors. Germiston 15 November 2018 Sponsor Vunani Corporate Finance Date: 15/11/2018 04:00:00 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.