BITOY - Notification of Changes to the Board of Directors, Resignation Date And Board Committees Toyota Financial Services (South Africa) Limited (Incorporated in the Republic of South Africa) (Registration No. 1982/010082/06) Company code: BITOY (“Toyota Financial Services” or the “Issuer”) NOTIFICATION OF CHANGES TO THE BOARD OF DIRECTORS, RESIGNATION DATE AND BOARD COMMITTEES In accordance with paragraph 6.39 of the JSE Limited Debt Listings Requirements, the board of directors (“Board”) of the Issuer wishes to advise noteholders of the following changes to the Board and Board committees: • Mr Wiebe Klaasen has been appointed as an Independent Non-Executive Director to the Board with effect from 1 June 2022, to fill the existing vacancy on the Board following the resignation of Ms Sindisiwe Ntombenhle Mabaso-Koyana; • Mr Klaasen will be appointed as a member of the Audit, Risk and Compliance Committee with effect from 1 June 2022 to fill a vacancy on this committee; and • That further to the announcement released on SENS on 20 April 2022, the effective date of resignation for Ms. Mabaso-Koyana has been confirmed as 31 May 2021. The Issuer confirms that the appointment of Mr Klaasen was done in accordance with the Issuer’s nomination policy. 20 May 2022 Debt Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 20-05-2022 04:38:00 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.