Afrocentric Investment Corp (JSE:ACT) News - Changes to the board AfroCentric Investment Corporation Limited (Incorporated in the Republic of South Africa) (Registration number: 1988/000570/06) JSE Code: ACT ISIN: ZAE000078416 (“AfroCentric”) CHANGES TO THE BOARD In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, the AfroCentric Board of Directors (“the Board”) hereby notifies Shareholders that Dr Shirley Zinn has resigned from the Board, as an Independent Non-Executive Director and as the Chairperson of the Remuneration Committee, with effect from 18 November 2021. The Board also hereby notifies Shareholders that Mr Sello Mmakau will be resigning from the Board, as an Executive Director and as the Group’s Chief Information Officer, with effect from 31 January 2022. The Board would like to thank Dr Zinn and Mr Mmakau for their valuable contributions to the Company and wishes them well for the future. Johannesburg 19 November 2021 Sponsor Sasfin Capital (a member of the Sasfin Group) Date: 19-11-2021 03:00:00 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.