FSCA debars the key individuals of Ecsponent Financial Services Proprietary Limited ECSPONENT LIMITED Incorporated in the Republic of South Africa Registration number: 1998/013215/06 JSE Code: ECS - ISIN: ZAE000179594 Debt Issuer Code: ECSD Hybrid Issuer Code: ECSH (“the Company” or “Ecsponent”) ECSPONENT FINANCIAL SERVICES PROPRIETARY LIMITED: DEBARMENT OF KEY INDIVIDUALS AND FINANCIAL SECTOR CONDUCT AUTHORITY PRESS RELEASE Security holders are referred to the announcements released on SENS on 20, 22 May 2020 and 5 June 2020 relating to the non-routine investigation conducted by the Financial Sector Conduct Authority (“FSCA”) involving the Company’s subsidiary, Ecsponent Financial Services Proprietary Limited (“EFS”). The FSCA has finalised their investigation and a press release in this regard has been made available on the FSCA’s website: https://www.fsca.co.za/News%20Documents/FSCA%20Press%20Release%20Ecsponent%20FS%20debar ments%2012%20June%202020.pdf Security holders are now informed that the FSCA decided to debar the key individuals of EFS for a period of two years. The Company and EFS consider the FSCA’s investigation, which focused solely on the advice and intermediary activities of EFS and not those of Ecsponent, to be finally concluded and regards the matter as closed. The Company advises that EFS has, with effect from 11 February 2020, not provided financial advice on any new business and the Company will resolve to unwind EFS. 12 June 2020 Pretoria Sponsor to Ecsponent Questco Corporate Advisory (Pty) Ltd Date: 12-06-2020 02:27:00 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.