Unaudited Results For The Six Months Ended 31 August 2020 And Appointment Of Directors 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”) UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2020 AND APPOINTMENT OF DIRECTORS 1. UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2020 Holders of PSG Financial Services cumulative, non-redeemable, non-participating preference shares (“preference share(s)” or “preference shareholders”) are advised that the Company’s unaudited results for the six months ended 31 August 2020 are available as set out below. The Company is a wholly-owned subsidiary and the only directly-held asset of PSG Group Limited (“PSG Group”). While it does not have a direct impact on preference shareholders (and specifically the payment of preference share dividends), such shareholders are, for the sake of transparency, also referred to PSG Group’s unaudited results for the six months ended 31 August 2020, which were released on SENS today. The Company previously announced the declaration of its preference share dividend in respect of the six months ended 31 August 2020, which was paid on Monday, 21 September 2020. This short-form announcement is the responsibility of the directors of the Company. It contains only a summary of the information in the full announcement and does not contain full or complete details. The full announcement can be found at: https://senspdf.jse.co.za/documents/2020/JSE/ISSH/PGFH/PSLHY21.pdf The full announcement is also available for viewing on the Company’s website at https://www.psggroup.co.za/UnauditedResultsPSLAug2020.pdf or may be requested and obtained in person, at no charge, at the registered office of the Company or the Company’s sponsor during office hours. Any investment decisions should be based on consideration of the full announcement. 2. APPOINTMENT OF DIRECTORS In accordance with paragraph 3.59(a) of the JSE Listings Requirements, preference shareholders are hereby advised that Mses. Bridgitte Mathews and Modi Hlobo, currently being directors of PSG Group, were appointed as independent non-executive directors to the Company’s board on 14 October 2020. Stellenbosch 15 October 2020 Sponsor PSG Capital (Pty) Ltd Independent joint sponsor UBS South Africa (Pty) Ltd Date: 15-10-2020 07:15:00 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.