Change to the Board of Directors and Committees 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 (“the Company” or “Ecsponent”) CHANGE TO THE BOARD OF DIRECTORS AND COMMITTEES The Board is pleased to announce the appointment of Mr KA Rayner as Chairman of the audit and risk committee. Mr Rayner is an independent non-executive director and has served as such on the board of the Company for the past eight years. He is a vastly experienced director and serves on a number of other boards including the role of Chairman of the audit committee of Sibanye Stillwater. In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited (“Listings Requirements”), shareholders are advised that Mr G Manyere, previously a non-executive director of the Company, has been appointed as an executive director to the board of directors of Ecsponent (“Board”) with effect from 1 February 2019. Further to the recent changes to the Board, the Company also advises shareholders of the reconstituted board committees which will be effective as of 1 February 2019: Audit and Risk Committee: KA Rayner (Chairman) Independent non-executive W Oberholzer Independent non-executive P Matute Independent non-executive Social and Ethics Committee: W Oberholzer (Chairman) Independent non-executive KA Rayner Independent non-executive P Matute Independent non-executive TP Gregory Chief Executive Officer DP van der Merwe Chief Financial Officer Nomination and Remuneration Committee: P Matute (Chairman) Independent non-executive RJ Connellan Independent non-executive G Manyere Executive Director Investment Committee: KA Rayner (Chairman) Independent non-executive G Manyere Executive Director TP Gregory Chief Executive Officer DP van der Merwe Chief Financial Officer For more information about this announcement or the Ecsponent group, email investor.relations@ecsponent.com or visit www.ecsponentlimited.com/investor-relations. 30 January 2019 Pretoria Sponsor Questco Corporate Advisory (Pty) Ltd Date: 30/01/2019 01:15:00 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.