Changes in the Beneficial Interest in Mettle Ordinary Shares METTLE INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2008/002061/06) JSE share code: MLE ISIN: ZAE000257622 ("Mettle” or "the Company") CHANGES IN THE BENEFICIAL INTEREST IN METTLE ORDINARY SHARES In accordance with paragraph 3.83(b) of the JSE Limited Listings Requirements and section 122(3)(b) of the Companies Act 71 of 2008 (“the Act”), shareholders are advised of the following changes in beneficial interest in the ordinary shares of Mettle: - Mantessa Equities Proprietary Limited (“Mantessa Equities”) has acquired a beneficial interest in the ordinary shares of the Company, such that its total interest in Mettle is now 12.95%. When counted with the 13.6% shares in Mettle currently held by Genfin Holdings Proprietary Limited (registration number 2015/358979/07) (“Genfin”), a company which is related to Mantessa Equities, the aggregate holding of Genfin and Mantessa Equities amounts to 26.57%; and - Teez Away Trading Proprietary Limited has disposed of its beneficial interest in the ordinary shares of Mettle, such that its total interest in Mettle has decreased from 11.57% to 0% of the Company’s issued ordinary share capital. As required in terms of section 122(3)(a) of the Act, the Company has filed the required notices with the Takeover Regulation Panel. Cape Town 10 June 2020 Designated Advisor Questco Corporate Advisory Proprietary Limited Date: 10-06-2020 11:25:00 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.