Appointment Of Joint Independent Sponsor ZEDER INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2006/019240/06) Share code: ZED ISIN: ZAE000088431 LEI:37890022AF5FD117D649 (“Zeder”) APPOINTMENT OF JOINT INDEPENDENT SPONSOR In accordance with recent amendments to the JSE Limited Listings Requirements, shareholders are hereby advised that, effective from tomorrow, 30 June 2020, UBS South Africa Proprietary Limited (“UBS South Africa”) has been appointed as the joint independent sponsor to Zeder. PSG Capital continues to act as sponsor to Zeder. Stellenbosch 29 June 2020 Sponsor PSG Capital Joint independent sponsor UBS South Africa Date: 29-06-2020 05:00:00 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.