Appointment of Director PSV Holdings Limited Incorporated in the Republic of South Africa (Registration number 1998/004365/06) Share code: PSV ISIN: ZAE000078705 (“PSV” or “the Company”) APPOINTMENT OF DIRECTOR In compliance with paragraph 3.59 of the Listings Requirements of JSE Limited, the board of directors of PSV ("the Board") is pleased to announce the appointment of Ms Yvonne Thato Moerane (“Thabiso”) to the Board as an, independent non-executive director with effect from 25 November 2019. Thabiso is currently self-employed. Her areas of expertise include corporate finance, financial accounting and interoperability amongst telecom operators with regard to providing over- the-top services. Thabiso has previously held board positions on various listed and unlisted entities. Thabiso is currently in the process of obtaining her Doctorate in Business Administration (DBA) from the Instituto de Empresa Business School, Madrid, Spain and achieved “DBA Candidate” status in 2008. Thabiso also holds a Masters of Business Administration from Fuqua School of Business, Duke University, Durham North Carolina and a National Higher Diploma: Taxation from the university of South Africa (formerly Technikon, Southern Africa) and a National Diploma: Accounting from University of Johannesburg (formerly Technikon Witwatersrand). After matriculating in 1982, Thabiso joined JCI Limited, Randfontein Estates Gold Mining Company Limited, as an intern. 4 years later she transferred to JCI Limited where she held a position as Accounting Assistant for 5 years. Thereafter she took up a position at Ideal Data Computer Systems CC where she was responsible for the company’s finances and marketing. Ideal Data CC later merged with five other companies in 1998 to become Kwetliso Holdings Proprietary Limited. Thabiso held the position as Finance Director of Kwetliso Holdings after which she became an accounting and tax consultant until March 2001. She joined Black Information Technology Empowerment Company Limited ("Blitec") in 2001 as Managing Director. In 2006 Thabiso was appointed as Managing Director of Khulumanjalo Group a position she held until October 2010. In November 2010, Thabiso joined Alcatel Lucent as a Mobile Commerce Ecosystem Leader until 2014. By order of the Board Johannesburg 10 February 2020 Designated Advisor Arbor Capital Sponsors Proprietary Limited Date: 10-02-2020 02:18:00 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.