SYGNIA LIMITED (Incorporated in the Republic of South Africa) (Registration number 2007/025416/06) Share code on the JSE and A2X: SYG ISIN: ZAE000208815 (“Sygnia” or the “Company”) WITHDRAWAL OF APPOINTMENT OF FINANCIAL DIRECTOR Further to the announcement released on SENS on 10 February 2023, shareholders are advised that Ms Carmen Le Grange is, for personal reasons, no longer available to assume the role of Financial Director of the Company with effect from 1 April 2023, and Sygnia has consequently withdrawn her appointment with immediate effect. The appointment of a new Financial Director will be announced in due course. Cape Town 31 March 2023 Sponsor: The Standard Bank of South Africa Limited