Change to the Board of Directors BAUBA PLATINUM LIMITED (Formerly Absolute Holdings Limited) Incorporated in the Republic of South Africa (Registration number 1986/004649/06) Share code: BAU ISIN: ZAE000145686 ("Bauba" or "the Company") CHANGE TO THE BOARD OF DIRECTORS In compliance with paragraph 3.59 of the Listings Requirements of JSE Limited, the board of directors of Bauba (“the Board”) hereby notifies its shareholders that Ms Thabile Makgala has been appointed as an independent non-executive director with immediate effect. Thabile holds a Bachelor of Science in Mining Engineering from the University of the Witwatersrand as well as an MBA from the University of Stellenbosch Business School and has dedicated close on two decades of service to the Mining Industry. She is currently the Executive: Mining at Impala Platinum Holdings Limited and has previously held various senior positions and served with commensurate success at Gold Fields, Anglo Gold Ashanti and Anglo American. Her diverse professional experience includes general management, strategy, business development and business planning. The Board welcomes Thabile and looks forward to her contribution to the Company. Johannesburg 8 February 2019 Sponsor Merchantec Capital Date: 08/02/2019 10:56:00 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.