No Change Statement, Notice of Annual General Meeting & BBB-EE Act Annual Compliance Report SPANJAARD LIMITED (Incorporated in the Republic of South Africa) (Registration number 1960/004393/06) Share code: SPA ISIN: ZAE000006938 ("the Company”) NO CHANGE STATEMENT, NOTICE OF ANNUAL GENERAL MEETING (“AGM”) AND BROAD-BASED BLACK ECONOMIC EMPOWERMENT ACT ("THE ACT") ANNUAL COMPLIANCE REPORT No Change Statement Shareholders are advised that the Company’s integrated annual report incorporating the audited financial statements for the year ended 29 February 2020 was posted to shareholders on 13 July 2020 and is available on the Company’s website, http://www.spanjaard.biz/financials/. The audited financial statements contain no changes to the audited consolidated financial results for the year ended 29 February 2020, released on the Stock Exchange News Service of the JSE Limited on 7 July 2020. The audit opinion did not contain any qualifications or modifications and is available for inspection at the company’s registered office. Notice of AGM Notice is hereby given that the 58th AGM of ordinary shareholders will be held at 12:00 on Tuesday, 15 September 2020 at The Wanderers Club, 21 North Road, Illovo, Johannesburg, to transact the business as stated in the notice of AGM forming part of the integrated annual report (“Notice of AGM”). Record Dates The Board of Directors of the Company has determined that the record date for the purposes of determining which shareholders of the Company are entitled to receive the Notice of AGM is Friday, 3 July 2020. The last day to trade in order to be eligible to vote at the AGM will be Tuesday, 1 September 2020. The record date on which shareholders of the Company must be registered as such in the Company’s securities register in order to attend and vote at the AGM is Friday, 4 September 2020. Broad-Based Black Economic Empowerment Act ("the Act"): Annual Compliance Report Shareholders are hereby notified that, in accordance with paragraph 16.21 (g) and Appendix 1 to Section 11 of the JSE Listings Requirements, the Company’s Annual Compliance Report, issued in terms of section 13G(2) of the Act, has been published and is available on the Company’s website, http://www.spanjaard.biz. By Order of the Board Johannesburg 13 July 2020 Sponsor Arbor Capital Sponsors Date: 13-07-2020 01:31:00 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.