Go Life International Ltd (JSE:GLI) News - Renewal of Cautionary Announcement

GO LIFE INTERNATIONAL LIMITED
(Incorporated in the Republic of Mauritius)
(Registration number: 098177 C1/GBL)
Primary Listing SEM share code: GOLI.N0000
Secondary Listing JSE share code: GLI ISIN: MU0330N00004
(“the Company” or “Go Life”)

RENEWAL OF CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the previous cautionary announcements, the last of which was dated
4 May 2021 in which shareholders were advised that:

1.     the properties of Bon Healthcare Properties were disposed of by the liquidators of the Calitz
       Trust following the sequestration of the Calitz Trust. These properties were initially acquired
       through an issuance of shares.
2.     that this has necessitated the full impairment of the Company’s largest asset and has resulted
       in the significant deterioration of the Company’s financial position; and
3.     that the Company is pursuing legal action in this matter.

In addition, shareholders are referred to the announcement on SENS dated 3 July 2020 detailing the
liquidation of its South African subsidiary Go Life Health Proprietary Limited (“GLH”) and are reminded
that the carrying values relating thereto have also been impaired.

The Company is finalising its annual financial statements for the year ended 2020. The public are
hereby cautioned that the balance sheet has been completely eroded through these events and
will require a recapitalisation. A further announcement will be made in due course.

RENEWAL OF CAUTIONARY
Go Life shareholders are advised to continue to exercise caution when dealing in their securities until
a further announcement is made and the audited annual financial results have been published.

Go Life has its primary listing on the Stock Exchange Mauritius and a secondary listing on the AltX of
the JSE.

This notice is issued pursuant to SEM Listing Rule 11.3 and the Mauritian Securities Act 2005. The Board
of Directors of Go Life accepts full responsibility for the accuracy of the information contained in this
announcement.

For and on behalf of the board
Mauritius
17 June 2021

JSE Sponsor:                                               Company secretary and management company:
AcaciaCap Advisors Proprietary Limited             Apex Fund and Corporate Services (Mauritius) Ltd

Date: 17-06-2021 08:30:00
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