Changes to board of directors JSE LIMITED (Incorporated in the Republic of South Africa) Registration number: 2005/022939/06 Share Code: JSE ISIN Code: ZAE000079711 LEI: 213800MZ1VUQEBWRFO39 (“JSE”) CHANGES TO BOARD OF DIRECTORS In compliance with the JSE Limited Listings Requirements, shareholders are advised that: - Mr David Lawrence will retire from the Board as a non- executive director with effect from the annual general meeting to be held on Tuesday, 26 May 2020 (“AGM”) in accordance with the JSE’s policy on non-executive director tenure. Mr Lawrence has served on the Board for twelve years, and has been a member of the Group Risk Management Committee, Group Human Resources Committee, Group Social & Ethics Committee as well as the Group Nominations Committee. - Dr Michael Jordaan will retire from the Board as an independent non-executive director with effect from the AGM. Dr Jordaan has served on the Board since 2014 and although eligible for a further term, is not available to stand for re-election. He has served as a member of the Group Risk Management Committee. The Board is grateful for the extensive contribution made by both Mr Lawrence and Dr Jordaan to the strategic direction and business of the JSE and for their wise counsel to the Board. Sandton 24 February 2020 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 24-02-2020 04:25:00 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.