Disclosure of beneficial interest in securities AVENG LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1944/018119/06) ISIN: ZAE000111829 SHARE CODE: AEG ("Aveng" or "the Group") Disclosure of Beneficial Interest in Securities In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 and section 3.83(b) of the JSE Limited Listings Requirements, shareholders are hereby advised that Aveng received two formal notifications of a change in the beneficial interest of the shares in Aveng, resulting in a change in the total interest in the ordinary shares of Aveng held by: • JPMorgan Chase & Co, to 15,87% of the total issued ordinary shares of Aveng. This includes the 14.39% and 1,49% holdings by Highbridge Capital Management LLC and J.P. Morgan Securities plc respectively, being subsidiaries of JPMorgan Chase & Co. The notification is not a result of a trading activity but due to J.P. Morgan Securities LLC no longer having a right of use over shares belonging to third parties in the amount of 4,70%. • UBS Group AG, to 0% of the total issued ordinary shares of Aveng. The notification is not a result of a trading activity but due to UBS Group AG no longer having a right of use over shares belonging to third parties in the amount of 6,39%. 19 October 2021 Melrose Arch JSE Sponsor UBS South Africa Proprietary Limited Edinah Mandizha Company Secretary Tel: 011 779 2800 Email: info@avenggroup.com Date: 19-10-2021 02:01:00 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.