AYO TECHNOLOGY SOLUTIONS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1996/014461/06
JSE share code: AYO
ISIN: ZAE000252441
(“AYO” or “the Company”)


                           RESULTS OF THE ANNUAL GENERAL MEETING


Shareholders are hereby advised that the results of the voting at the annual general meeting (“AGM”)
of the Company held at 10:00 today, Thursday, 15 May 2025, on the Microsoft Teams Platform, are set
out below.

Shareholders are further advised that:
• there were 326 922 438 shares in issue as at the date of the AGM; and
• the total number of shares that were present represented by proxy at the AGM was 256 799 574
  shares being 78,55% of the total number of shares in issue.

All the resolutions, as set out in the Notice of AGM included in the Integrated Annual Report posted to
shareholders, were duly approved by the requisite majority of shareholders present and voting other
than the following:
•     Ordinary resolution number 15 relating to the general authority to issue ordinary shares for cash;

                                                Votes
                             Votes for         against
                            resolution      resolution
                                   as a            as a                     Number of        Number of
                           percentage      percentage                           shares           shares
                               of total        of total                        voted at       abstained
                            number of       number of       Number of        AGM as a               as a
    Resolutions                shares          shares          shares      percentage       percentage
    proposed at the           voted at        voted at        voted at     of shares in     of shares in
    AGM                          AGM             AGM             AGM             issue            issue
    Ordinary resolution
    number 1:
    To confirm the
    appointment of the
    following Director:
    Mrs V Dzvova               99,75%            0,25%     256 799 286          78,55%            0,00%
    Ordinary resolution
    number 2:
    To confirm the
    appointment of the
    following Director:
    Mr W Mclachlan             99,75%            0,25%     256 799 286          78,55%            0,00%
    Ordinary resolution
    number 3:
    To confirm the
    appointment of the
    following Director:
    Mr L Jacobs                99,75%            0,25%     256 799 286          78,55%            0,00%
Ordinary resolution
number 4:
To re-elect the
following Director
who retires by
rotation:
Mrs R Mosia             99,75%   0,25%    256 799 286   78,55%   0,00%
Ordinary resolution
number 5:
To re-elect the
following Director
who retires by
rotation:
Mrs AB Amod             99,75%   0,25%    256 799 286   78,55%   0,00%
Ordinary resolution
number 6:
To appoint Ms RP
Mosia as a member
of the audit and risk
committee               67,59%   32,41%   256 799 286   78,55%   0,00%
Ordinary resolution
number 7:
To appoint S
Rasethaba as a
member of the
audit and risk
committee               99,75%   0,25%    256 799 286   78,55%   0,00%
Ordinary resolution
number 8:
To appoint
Advocate Dr NA
Ramatlhodi as a
member of the
audit and risk
committee               67,59%   32,41%   256 799 286   78,55%   0,00%
Ordinary resolution
number 9:
To appoint Mrs AB
Amod as a member
of the audit and risk
committee               67,59%   32,41%   256 799 286   78,55%   0,00%
Ordinary resolution
number 10:
To appoint Mr L
Jacobs as a
member of the
Social, Ethics
Transformation
(SET) committee         99,75%   0,25%    256 799 286   78,55%   0,00%
Ordinary resolution
number 11:
To appoint Ms RP
Mosia as a member       99,75%   0,25%    256 799 286   78,55%   0,00%
of the SET
committee
Ordinary resolution
number 12:
To appoint Mrs AB
Amod as a member
of the SET
committee              99,75%   0,25%    256 799 286   78,55%   0,00%
Ordinary resolution
number 13:
To appoint Crowe
JHB as joint
independent
auditors of the
Company                99,91%   0,09%    256 799 286   78,55%   0,00%
Ordinary resolution
number 14:
Control of
authorised but
unissued ordinary
shares                 67,59%   32,41%   256 799 286   78,55%   0,00%
Ordinary resolution
number 15:
Approval to issue
ordinary shares
and/or options for
cash                   67,59%   32,41%   256 799 286   78,55%   0,00%
Ordinary resolution
number 16:
Non-binding
advisory vote on
the Remuneration
policy of the
Company                67,59%   32,41%   256 799 286   78,55%   0,00%
Ordinary resolution
number 17: non-
binding advisory
vote on the
implementation of
the Remuneration
policy of the
Company                67,59%   32,41%   256 799 286   78,55%   0,00%
Ordinary
Resolution 18:
Directors’ authority
to sign
documentation          99,75%   0,25%    256 799 286   78,55%   0,00%
Special resolution
number 1:
To approve the
remuneration of the
non-executive
Directors              99,75%   0,25%    256 799 286   78,55%   0,00%
Shareholders are further advised that due to Ordinary resolution numbers 16 and 17 relating to the
approval of the Company’s remuneration policy and its implementation, respectively, being voted
against by more than 25% of AYO shareholders, an invitation is hereby extended to such dissenting
shareholders to engage with the Company.

Those wishing to do so should, in the first instance, contact the group secretary at
wazeer.moosa@ayotsl.com.

Cape Town
15 May 2025


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