African Dawn Capital (JSE:ADW) News - Resignation of Auditor AFRICAN DAWN CAPITAL LIMITED Incorporated in the Republic of South Africa (Registration number: 1998/020520/06) Share code: ADW ISIN Code: ZAE000223194 (“Afdawn” or “the Company”) RESIGNATION OF AUDITOR In accordance with the JSE Limited Listings Requirements, a listed company is required to advise shareholders once it receives notice from its external auditor of its resignation. Afdawn hereby advises shareholders that the Company’s external auditor, Mazars has resigned as auditor of Afdawn with effect from 25 August 2021. The reasons for Mazars’ resignation relates to its strategic direction and current capacity as well as the Company’s risk profile, following an internal evaluation of its client portfolio. The board of Afdawn has commenced the process of appointing a new external auditor and will advise shareholders once the new appointment has been made. Johannesburg 26 August 2021 Designated Advisor PSG Capital Date: 26-08-2021 03:15:00 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.