Publication Of AFS, No Change Statement, Details Of General Meeting And BBBEE Annual Compliance Report PSG Financial Services Limited Incorporated in the Republic of South Africa Registration number: 1919/000478/06 JSE Limited (“JSE”) share code: PGFP ISIN code: ZAE000096079 LEI code: 378900E99AFDC02B0F23 (“PSG Financial Services” or “the Company”) PUBLICATION OF ANNUAL FINANCIAL STATEMENTS, NO CHANGE STATEMENT, DETAILS OF GENERAL MEETING OF PSG FINANCIAL SERVICES PREFERENCE SHAREHOLDERS AND BROAD-BASED BLACK ECONOMIC EMPOWERMENT ACT ANNUAL COMPLIANCE REPORT PUBLICATION OF ANNUAL FINANCIAL STATEMENTS AND NO CHANGE STATEMENT PSG Financial Services is a wholly-owned subsidiary and the only directly held asset of PSG Group Limited (“PSG Group”). Holders of PSG Financial Services cumulative, non-redeemable, non- participating preference shares (“preference shares”) are advised that the Company’s audited consolidated annual financial statements for the year ended 29 February 2020, including an unmodified audit opinion thereon, have been published on PSG Group’s website at https://www.psggroup.co.za/investor-relations/reports/. The audit opinion includes communication of key audit matters. The audited consolidated annual financial statements contain no modifications to the reviewed preliminary consolidated annual financial results which were published on SENS on 23 April 2020. DETAILS OF GENERAL MEETING OF PSG FINANCIAL SERVICES PREFERENCE SHAREHOLDERS It is anticipated that the general meeting of PSG Financial Services preference shareholders (“GM”) will be held by way of electronic participation on Friday, 17 July 2020 at 08:15. As was the case in previous years, preference shareholders will be asked to consider and, if deemed fit, to approve (i) the Company’s unissued preference shares being placed under the control of the directors, and (ii), to the extent required by the JSE Listings Requirements, the Company’s directors being granted the general authority to issue preference shares for cash. The notice for the GM will be dispatched to preference shareholders in due course, with such notice also being given on SENS. BROAD-BASED BLACK ECONOMIC EMPOWERMENT ACT (“THE ACT”) ANNUAL COMPLIANCE REPORT In accordance with paragraph 16.21(g) and Appendix 1 to Section 11 of the JSE Listings Requirements, notice is hereby given that PSG Financial Services, as wholly-owned subsidiary, forms part of PSG Group’s annual compliance report published in terms of section 13G(2) of the Act. PSG Group’s annual compliance report is available on PSG Group’s website at https://www.psggroup.co.za/BBBEE- Certificate.pdf. Stellenbosch 29 May 2020 Sponsor PSG Capital Date: 29-05-2020 05:15:00 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.