Secondary listing on A2X Vunani Limited Incorporated in the Republic of South Africa Registration number: 1997/020641/06 Share code: VUN ISIN: ZAE000163382 SECONDARY LISTING ON A2X Vunani Limited, a black owned diversified financial services provider, is pleased to advise shareholders that its ordinary shares will be traded on A2X with effect from 31 July 2019 (the ‘A2X listing date’). Vunani Limited will retain its primary listing on the Johannesburg Stock Exchange (JSE) and its issued share capital will be unaffected by the secondary listing on A2X. Vunani Limited’s ordinary shares will be available to be traded on both the JSE and A2X from the A2X listing date. Vunani Limited is a financial services group with offices in Cape Town, Johannesburg, Harare, Blantyre, Mbabane and Lusaka. The Company’s operating segments include Fund Management, Asset Administration, Investment Banking (advisory services and institutional securities broking) and Private Equity. A2X is a licensed stock exchange authorised to provide a secondary listing venue for companies and is regulated by the Financial Sector Conduct Authority in South Africa in terms of the Financial Markets Act 19 of 2012. Johannesburg 24 July 2019 Sponsor Grindrod Bank IR Advisor Singular IR Date: 24/07/2019 08:00:00 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.