Sens Announcements – Details

Change to the Board of Directors - Membathisi Mdladlana

AFRICAN EQUITY EMPOWERMENT INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) Registration number 1996/006093/06 Share code: AEE ISIN: ZAE000195731 ("AEEI")

CHANGE TO THE BOARD OF DIRECTORS

In compliance with paragraph 3.59 of the JSE Listings Requirements, shareholders are advised of the following change to the board of directors of AEEI ("Board"):

Mr Membathisi Mdladlana has been appointed as an independent non-executive director to the Board with effect from 27 August 2021. Mr Mdladlana holds a Bachelor of Arts degree from the University of South Africa with majors in Education and isiXhosa and is a qualified teacher. He founded and chaired the South African Democratic Teachers Union (SADTU), is a previous Minister of Labour, and chaired the Governing Body of the International Labour Organization, to name a few of the many positions Mr Mdladlana held throughout his career.

Cape Town 31 August 2021

Sponsor Vunani Sponsors

Joint Sponsor Merchantec Capital

Date: 01-09-2021 07:40:00

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