The Board of AYO TECHNOLOGY SOLUTIONS LIMITED announced the appointment of Prof Louis Henry Fourie, currently an Independent Non-Executive Director, as the interim Independent Non-Executive Chairman of the Company with effect from Monday 17 April 2023, while the Company is in the process of appointing a permanent Chairman. Prof Fourie, who was first appointed to the Board in July 2020, will also serve on the Nomination Committee and Remuneration Committee. The Board of AYO TECHNOLOGY SOLUTIONS LIMITED announced the appointments of Ms Valentine Dzvova as a Non-Executive Director of the Company with effect from Monday 17 April 2023.

Ms Dzvova is a qualified Chartered Accountant with over a decade of leadership experience. She currently serves as a Non-Executive Director of multinational British Telecom SA and JSE listed Premier Fishing and Brands Limited (also serving on the audit and risk committee). She currently holds the position of Chief Executive Officer of the African Equity Empowerment Investments Limited (“AEEI”) group; and MrJowayne van Wyk as a Non-Executive Director of the Company with effect from Monday 17 April 2023.

Mr. van Wyk is a qualified Chartered Accountant who has previously served as a Non-Executive Director of AEEI andthe chairman of the audit and risk committee. He currently holds the position of Chief Financial Officer of the AEEI group.