Update Announcement Regarding the Proposed Name Change of The Company PSG KONSULT LIMITED (Incorporated in the Republic of South Africa) Registration Number: 1993/003941/06 JSE Share Code: KST NSX Share Code: KFS SEM Share code: PSGK.N0000 ISIN Code: ZAE000191417 LEI Code: 378900ECF3D86FD28194 (“PSG Konsult” or “the Company”) UPDATE ANNOUNCEMENT REGARDING THE PROPOSED NAME CHANGE OF THE COMPANY Shareholders of the Company (“Shareholders”) are referred to the Company’s results of annual general meeting (“AGM”) announcement which was released on the Stock Exchange News Service (“SENS”) and website of the Stock Exchange of Mauritius Ltd (“SEM”) on 13 July 2023, advising Shareholders of the approval of the resolutions proposed at the AGM, including special resolution number 5, as set out in the notice of AGM, which pertains to the proposed name change of the Company. Shareholders are advised that the Company is awaiting confirmation from the Companies and Intellectual Property Commission regarding the registration of special resolution number 5 (“Condition”). Once the Condition has been fulfilled, a further announcement will be published by the Company on SENS and the website of the SEM, which will include the revised timetable applicable to the name change. Tyger Valley 27 July 2023 JSE Sponsor: PSG Capital Proprietary Limited NSX Sponsor: PSG Wealth Management (Namibia) Proprietary Ltd, member of the Namibian Stock Exchange SEM authorised representative and SEM Sponsor: Perigeum Capital Ltd This notice is issued pursuant to the JSE Limited Listings Requirements and the SEM Listing Rule 15.24. The board of directors of PSG Konsult accepts full responsibility for the accuracy of the information contained in this communiqué Date: 27-07-2023 10:00:00 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.