Renewal of cautionary announcement and availability of BEE annual compliance report AVIOR CAPITAL MARKETS HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number: 2015/086358/06) JSE Share Code: AVR ISIN: ZAE000211637 (“Avior Holdings” or “the Company”) RENEWAL OF CAUTIONARY ANNOUNCEMENT AND AVAILABILITY OF BEE ANNUAL COMPLIANCE REPORT 1. Renewal of Cautionary Announcement Shareholders of Avior Holdings (“Shareholders”) are referred to the cautionary announcement published by the Company on 30 July 2019, in terms of which Shareholders were advised that the board of directors of the Company (“Board”) are considering the delisting of the Company (“the Delisting”) from the JSE’s ALTX (“the Cautionary Announcement”). Further to the publication of the Cautionary Announcement, in accordance with paragraph 11.41 of the JSE Listings Requirements, Shareholders are hereby advised that the Delisting is still being considered by the Board and accordingly, Shareholders are advised to continue exercising caution when dealing in the Company’s securities until such time a further announcement has been made by the Company in this regard. 2. Availability of the Company’s BEE annual compliance report Shareholders are further advised that the Company’s annual compliance report in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Amendment Act, No 46 of 2013 is available for download from the Company’s website (www.avior.co.za). Sandton 09 September 2019 Designated Advisor: Pallidus Capital Proprietary Limited Date: 09/09/2019 03:35:00 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.