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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”) CHANGES TO THE BOARD OF DIRECTORS In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, shareholders are advised that Mr Aboubakar (Bakar) Jakoet has been appointed as an independent non-executive director of Sygnia with effect from 07 August 2023. Mr Jakoet, a qualified Chartered Accountant, was the Chief Financial Officer and Executive Director of Pick n Pay Stores Ltd (“Pick n Pay”) up until his resignation in 2019. He was appointed as CFO and a member of the Pick n Pay board in 2011. He continues to serve on the board of directors of Pick n Pay in a non-executive capacity. He is the Chairperson of the Group Audit Risk and Compliance Committee as well as a member of the Remuneration Committee. In addition to his responsibilities at Pick n Pay, Mr Jakoet was a member of the University of Cape Town Council, and is Deputy Chairman of the UCT Finance Committee. Mr Jakoet is also a non-executive director of Oceana Group Limited, Chairman of their Risk Committee and a member of the Audit committee. Shareholders are advised further that the Sygnia board of directors has appointed Mr Jakoet as a member of its Audit & Risk Committee. Cape Town 07 August 2023 Sponsor: The Standard Bank of South Africa Limited
