AYO to fully comply with JSE request AYO TECHNOLOGY SOLUTIONS LIMITED (Incorporated in the Republic of South Africa) Registration number: 1996/014461/06 JSE share code: AYO ISIN: ZAE000252441 ("AYO" or "the Company") AYO to fully comply with JSE request AYO refers to the General SENS Announcement (“the Announcement”) released by JSE Limited (“JSE”) as well as a letter from the JSE sent to the Company (“the Letter”) on 10 April 2019 requesting the Company to perform the following: 1. Instruct BDO Cape Incorporated (“BDO”), its appointed external audit firm, to conduct an engagement in terms of International Standard on Related Services (“ISRS”) 4400: Engagements to Perform Agreed-Upon Procedures Regarding Financial Information to test the veracity of the statements made by the former executives of AYO at the PIC Commission of Enquiry, that the numbers contained in the 2018 interim results were inaccurate. 2. Obtain an audit opinion on the 2018 interim results and provide the JSE and the market via a SENS announcement, with this audit opinion; 3. Obtain an audit opinion on the unaudited interim results for the six months ended 28 February 2019 and provide the JSE and the market via a SENS announcement, with this audit opinion (collectively referred to as “the Audits”). The Company wishes to inform shareholders that it is complying fully with the JSE requests and is willing to announce the findings of the Agreed-Upon Procedures and Audits on SENS. Cape Town 11 April 2019 Joint Sponsor Vunani Corporate Finance Joint Sponsor Merchantec Capital Date: 11/04/2019 01:15:00 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.