AFRICAN EQUITY EMPOWERMENT INVESTMENTS LIMITED - Change to the Board of Directors

Change to the Board of Directors

African Equity Empowerment Investments Limited
(Incorporated in the Republic of South Africa)
Registration number 1996/006093/06
Share code: AEE
ISIN: ZAE000195731
("AEEI" or “the Company”)

CHANGE TO THE BOARD OF DIRECTORS

In accordance with paragraph 3.59 of the JSE Listings
Requirements, shareholders are hereby advised that Ismet Amod
(“Mr Amod”) has resigned as a non-executive director of the
Company with effect from 31 March 2021.

The Board of directors of AEEI (“the Board”) are happy to note
that Mr Amod has taken up another role within the group as an
Executive Director heading up the Health Technology division
within our associate company, AYO Technology Solutions
Limited.

The Board wishes to thank Mr Amod for his services as he
resigns as a non-executive director, Chairman of the Social,
Ethics and Transformation committee and member of the
Remuneration committee, Nominations committee and Audit and
Risk committee.

The Board would like to take this opportunity to wish Mr Amod
all the very best and success going forward in his new role.

Cape Town
31 March 2021

Joint Sponsor
Vunani Sponsors

Joint Sponsor
Merchantec Capital

Date: 31-03-2021 05:00:00
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