Change to the Board of Directors ELB GROUP LIMITED Incorporated in the Republic of South Africa (Registration number 1930/002553/06) ISIN: ZAE000035101 JSE Code: ELR (“ELB” or “the Company”) CHANGE TO THE BOARD OF DIRECTORS In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, The ELB board of directors (“the Board”) hereby notifies shareholders that Mr Peter Blunden has resigned as a non- executive director of ELB with effect from 19 January 2021. Mr Blunden joined ELB in 1978 and served in various roles before joining the Board in 2002 in his capacity as CEO of ELB Equipment Holdings Proprietary Limited (“ELB Equipment”). As announced on SENS on 02 July 2020, Mr Blunden transitioned from an executive to a non-executive director role following his retirement as CEO of ELB Equipment. The Board would like to thank Mr Blunden for his many years of service and dedication to the ELB Group and wishes him well in his future endeavours. Johannesburg 20 January 2021 Sponsor Questco Corporate Advisory Proprietary Limited Date: 20-01-2021 05:05:00 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.