ACSION LIMITED - Appointment of Non-Executive Director

Appointment of Non-Executive Director

Acsion Limited
Incorporated in the Republic of South Africa
(Registration number 2014/182931/06)
Share code: ACS ISIN: ZAE000198289
Listed on the General Segment of the JSE Main Board
(“Acsion” or “the Company”)


APPOINTMENT OF NON-EXECUTIVE DIRECTOR


In compliance with paragraph 6.71 of the Listings Requirements of the JSE Limited, the board of directors of
Acsion (“the Board”) is pleased to announce the appointment of Ms Machoshane Rosinah (Matsela) Sethebe
as a non-executive director of the Company, with effect from 6 November 2026.

Ms Sethebe has also been appointed as a member of the Company’s Remuneration Committee and Social
and Ethics Committee with effect from the same date.

Ms Sethebe holds a BA Social Sciences degree, majoring in Psychology and English, and a Higher Education
Diploma, majoring in Counselling Psychology. She also holds various qualifications in human resources
management and executive and strategic leadership. Ms Sethebe has over two decades of experience in
human resources and governance and has served in various non-executive director, board and committee
roles.

The Board confirms that it has undertaken a fit and proper assessment of Ms Sethebe and is satisfied with
the outcome.

The Company confirms that there are no positive integrity statements contained in Ms Sethebe’s director’s
declaration which are required to be announced in terms of paragraph 6.74 of the JSE Listings Requirements.

The Board welcomes Ms Sethebe and looks forward to her contribution to the Company.

Johannesburg
9 November 2026

Sponsor
Merchantec Capital
Date: 09/11/2026 02:15:00
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