Appointment of Director Cognition Holdings Limited Incorporated in the Republic of South Africa (Registration number 1997/010640/06) Share code: CGN ISIN: ZAE000197042 (“Cognition” or “the Company”) APPOINTMENT OF DIRECTOR In accordance with paragraph 3.59 of the Listings Requirements of JSE Limited, the board of directors of the Company (“the Board”) hereby notifies its shareholders that Mr Amasi Mwela has been appointed as a non- executive director of the Company with immediate effect. Mr Mwela holds a B Com (Finance) from Bond University and an MBA from Milpark Business School. He is currently the Chief Executive Officer of Private Property South Africa Proprietary Limited (“Private Property”). Prior to Private Property, Mr Mwela held the position of Chief Operating Officer at Fundi Capital Proprietary Limited (“Fundi Capital”) before his appointment as Fundi Capital’s Chief Executive Officer. His tenure at Fundi Capital followed his time as Head of Operations of Old Mutual Iwyze. The Board welcomes Mr Mwela to Cognition and looks forward to his contribution towards assisting the Board in achieving its objectives. Johannesburg 15 June 2020 Sponsor Merchantec Capital Date: 15-06-2020 03:44:00 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.