Supplementary Announcement to the Annual Financial Statements of 31 August 2019 AYO TECHNOLOGY SOLUTIONS LIMITED (Incorporated in the Republic of South Africa) Registration number: 1996/014461/06 Share code: AYO ISIN: ZAE000252441 ("AYO" or the “Company”) SUPPLEMENTARY ANNOUNCEMENT TO THE ANNUAL FINANCIAL STATEMENTS OF 31 AUGUST 2019 Shareholders are advised that subsequent to releasing the annual financial statements for the year ended 31 August 2019 (“Audited Results”), the Company noted that certain disclosure changes were not incorporated into the Audited Results by the printers of AYO. The disclosure changes do not impact the statement of financial position, the statement of profit or loss and other comprehensive income, the statement of changes in equity, the statement of cash flows, earnings per share and headline earnings per share of the Company. The disclosure changes only impact certain notes to the annual financial statements. Shareholders are advised that the Company has issued a Supplement to the Audited Results which details the disclosure changes on the Audited Results. The Supplement to the Audited Results is available on the Company’s website at https://www.ayotsl.com/integrated-reports/ At this stage, the revised annual financial statements will be issued on 13 March 2020 with an unqualified audit opinion which will include an Emphasis of Matter referencing to the disclosure note in the financial statements explaining the disclosure changes as presented in the Supplement to the Audited Results. Cape Town 11 March 2020 Joint Sponsor Vunani Sponsors Joint Sponsor Merchantec Capital Date: 11-03-2020 05:08:00 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.