Sens Announcements – Details

Change to the Board of Directors

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"):

Mrs Carin-Lee Masters has been appointed as an independent non-executive director to the Board with effect from 1 January 2022.

Mrs Masters holds an undergraduate degree in Anthropology and has her honours in Psychology, which she obtained from UCT as well as a master’s degree in Clinical Psychology which she obtained from Rhodes University.

She currently runs her own psychotherapy practice and is a candidate psychoanalyst pursuing advanced training in psychoanalysis with the South African Psychoanalytic Association.

The Company wishes Mrs Masters all the best in her new role.

Cape Town 5 January 2022

Sponsor Vunani Sponsors

Joint Sponsor Merchantec Capital

Date: 05-01-2022 01:00:00

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