AYO Tech Solutions (JSE:AYO) News - Daily Maverick Publication on 5 December 2021 AYO TECHNOLOGY SOLUTIONS LIMITED (Incorporated in the Republic of South Africa) Registration number: 1996/014461/06 JSE share code: AYO ISIN: ZAE000252441 ("the Company") DAILY MAVERICK PUBLICATION ON 5 DECEMBER 2021 Shareholders are referred to the article released by the Daily Maverick publication on the 5th of December 2021. Shareholders are advised that the allegations made in the article are untrue and defamatory in nature. In this regard Shareholders are advised that the Company is considering its legal position and has since written to the JSE Limited and other relevant parties in order to provide the facts relating to the allegations as well as to seek a retraction and apology. Further details will be provided as and when received. Cape Town 6 December 2021 Joint Sponsor Vunani Corporate Finance Joint Sponsor Merchantec Capital Date: 06-12-2021 03:29:00 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.