Appointment of independent non-executive director SASFIN HOLDINGS LIMITED (Incorporated In the Republic Of South Africa) (Registration Number 1987/002097/06) Ordinary share code: SFN ISIN: ZAE000006565 Preference share code: SFNP ISIN: ZAE000060273 (“Sasfin” or “the Group”) APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, Sasfin is pleased to announce the appointment of Ms Eileen Wilton as an independent non-executive director to the Sasfin board of directors and to the board of directors of its wholly-owned subsidiary, Sasfin Bank Limited (“Sasfin Boards”) with effect from 6 August 2019. Ms Wilton has a BCom degree and has recently graduated from the Emeritus Institute of Management where she completed her Post-Graduate Diploma in Digital Studies with distinction and was awarded the MTN Sponsors Award for Leadership in ICT at its inaugural function in 2016. Eileen also completed an Executive Coaching Course with UCT’s Get Smarter programme and the IoDSA Non-Executive Director Series I- IV. Ms Wilton has served as CIO for Old Mutual, CEO of Gijima, an ICT company, and was the first global CIO of Anglo-American Plc. She has served on various boards and committees. Eileen provides specialist consulting services in Leadership Development, Business and Digital Strategy Development and Strategy execution planning services. Ms Wilton will chair the Group’s Information Technology (IT) board committee with effect from 1 October 2019 following the resignation of Ms L de Beer which has previously been communicated. Ms Wilton’s appointment will help the Sasfin Boards strengthen their technology oversight which is critical given the growing importance of technology within financial services. Ms Wilton’s appointment also ensures that Sasfin is well placed to meet the Prudential Authority’s requirements of director independence, board renewal and succession. The Sasfin Boards welcome Ms Wilton and look forward to the knowledge and experience that she will contribute to the Group. Johannesburg 6 August 2019 Sponsor Sasfin Capital (a member of the Sasfin group) Independent Sponsor Deloitte & Touche Sponsor Services (Proprietary) Limited Date: 06/08/2019 01:32:00 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.