Enhanced Investments - Financial Portal

Changes to the Board: Appointment of Independent non-executive Director

Published: 2025-10-28 17:36:19 ET

                                           ISA Holdings Limited
                                Incorporated in the Republic of South Africa
                                  (Registration number 1998/009608/06)
                                  Share code: ISA ISIN: ZAE000067344
                                         (“ISA” or “the Company”)


     CHANGES TO THE BOARD: APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR



In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, the board of directors of
ISA ("the Board") is pleased to notify its shareholders that Mr Elia Tsouros has been appointed as an
independent non-executive director of ISA with effect from 28 October 2025.

Elia holds a BCom Honors Degree (accounting and commerce) through Unisa, and other certifications in
leadership and commercial. With over 30 years’ experience in the ICT sector, he currently provides strategic
advisory and execution support to clients in digital infrastructure, fintech integration, and telecom
transformation. He served in various roles at MTN’s Enterprise Business Unit which included two years as
acting executive for Group Enterprise before returning as Executive for Global Sales, Wholesale, Central
Roaming and Partnerships for the Group. His last appointment with the MTN Group was Managing Director
for MTN Botswana & Namibia. Prior to this, he was the Chief Sales Executive at Verizon Africa.

The Board welcomes Elia and looks forward to his contribution to the Company.


Johannesburg
28 October 2025

Designated Adviser
Merchantec Capital

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.