Appointment of Chief Financial Officer to the Board ECSPONENT LIMITED Incorporated in the Republic of South Africa Registration number: 1998/013215/06 JSE Code: ECS – ISIN: ZAE000179594 Debt Issuer Code: ECSD (“Ecsponent” or “the Company”) APPOINTMENT OF CHIEF FINANCIAL OFFICER TO THE BOARD The board of directors of Ecsponent (the “Board”) is pleased to inform shareholders, in compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, that Mr Tertius Johannes de Kock has been appointed as an executive director and chief financial officer to the Board with effect from 31 March 2020. Tertius is a qualified South African Chartered Accountant. He has extensive experience in financial statement audits, risk management, assessment of control environments, financial reporting and corporate finance disciplines across both the public and private sector, spread across a wide range of industries, including financial services, technology, mining, retail and property. Before joining Ecsponent, he served as an audit director for 9 years in one of the leading audit firms. During his tenure, he served as the head of the audit division, head of the risk and technical department and a member of the firm’s risk committee and operations committee. The Board welcomes Tertius and looks forward to his contribution to the Company. For more information about this announcement or the Ecsponent group, email investor.relations@ecsponent.com or visit www.ecsponentlimited.com/investor-relations 24 January 2020 Pretoria Sponsor to Ecsponent Questco Corporate Advisory (Pty) Ltd Date: 24-01-2020 09:06:00 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.