ASHF - Finalisation Announcement relating to the Name Change and the Underlying Portfolios of the Scheme Ashburton Management Company RF Proprietary Limited A portfolio in the Ashburton Collective Investment Scheme in Securities Exchange Traded Funds (the “portfolio”) registered in terms of the Collective Investment Schemes Control Act, 45 of 2002 Company Code: ASHF (“Ashburton”) FINALISATION ANNOUNCEMENT RELATING TO THE NAME CHANGE OF THE ASHBURTON COLLECTIVE INVESTMENT SCHEME IN SECURITIES (ETF) AND THE UNDERLYING PORTFOLIOS Securityholders are referred to the declaration announcement released by Ashburton on Thursday, 9 December 2021, in relation to the appointment of a new management company, FNB CIS Manco (RF) (Proprietary) Limited and the subsequent change of name of the scheme and its underlying portfolios (“Name Change”). Ashburton hereby advises securityholders that all approvals required for the Name Change have been received and that there are no outstanding conditions precedent. Consequently, the Name Change will be implemented in accordance with the timetable below. Last Day to Trade prior to the Name Change becoming effective Tuesday, 08 Feb 2022 Termination of trading under the previous Ashburton ETF Securities names and commencement of trading under the new FNB Wednesday, 09 Feb 2022 Collective Investment Scheme names Record date for the Name Change Friday, 11 Feb 2022 Dematerialised securities holders accounts updated at their CSDPs or brokers with the new name Monday, 14 Feb 2022 There is no impact on client holdings or the underlying portfolios, nor any change to the holdings or management of the underlying portfolios. The Name Change will have no tax implications for clients. 1 February 2022 Debt Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 01-02-2022 09:00:00 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.