PSG Konsult : Communique

PSG KONSULT LIMITED

(Incorporated in the Republic of South Africa)

Registration Number: 1993/003941/06

JSE Limited ("JSE") Share Code: KST

NSX Share Code: KFS

SEM Share Code: PSGK.N0000

ISIN: ZAE000191417

LEI: 378900ECF3D86FD28194

("PSG Konsult" or "the Company")

CHANGES IN RELATION TO JSE SPONSOR

Shareholders are referred to the Stock Exchange News Service of the JSE ("SENS") announcement published by PSG Group Limited ("PSG Group") on 25 August 2022, advising, inter alia, that all the PSG Group Restructuring Conditions (as defined and detailed in PSG Group Limited's circular to shareholders issued on 8 July 2022 ("Circular")) have been fulfilled or waived, as the case may be, and that the PSG Group Restructuring (as defined in the Circular) has therefore become unconditional.

Consequently, on 12 September 2022, PSG Group will unbundle its entire PSG Konsult shareholding to PSG Group shareholders.

Upon implementation of this unbundling, PSG Konsult's JSE sponsor, PSG Capital, will be independent of PSG Konsult in terms of the JSE Listings Requirements.

As a result of the above, the Company will no longer require a separate independent joint JSE sponsor and the existing appointment of Tamela Holdings Proprietary Limited ("Tamela Holdings") will expire at close of business on 12 September 2022.

PSG Konsult wishes to thank Tamela Holdings for their service as the Company's independent joint JSE sponsor.

Tyger Valley

9 September 2022

JSE Sponsor: PSG Capital Proprietary Limited

Independent Joint JSE Sponsor: Tamela Holdings Proprietary Limited

NSX Sponsor: PSG Wealth Management (Namibia) Proprietary Limited, member of the Namibian Stock Exchange

SEM authorised representative and SEM Sponsor: Perigeum Capital Ltd

This notice is issued pursuant to the JSE Listings Requirements, SEM Listing Rule 15.24 and the Mauritian Securities Act 2005. The board of directors of PSG Konsult accepts full responsibility for the accuracy of the information contained in this communiqué.