AEL: ALLIED ELECTRONICS CORPORATION LIMITED - Appointment of Altron Board Members to Netstar
Appointment of Altron Board Members to Netstar

(Registration number 1947/024583/06)
(Incorporated in the Republic of South Africa)
Share code: AEL ISIN: ZAE000191342


Shareholders are referred to the Unaudited Consolidated Interim Results for the six months
ended 31 August 2020 announcement released on 22 October 2020, wherein it was indicated
that looking ahead, the Altron Board ("Board") will continue to pursue growth opportunities
available to the group, including scaling up its own, high margin, IP platforms in, amongst
others, vehicle Telematics in Netstar. As part of the Altron 2.0 strategy, and to take advantage
of related opportunities for Netstar (including its Australian operations), additional expertise
and experience are being added to the Netstar Board to reposition the business as it embarks
on its next growth phase.

Accordingly, the Board is pleased to announce the appointment of Messrs. Stewart van Graan
and Brett Dawson, as non-executive directors on the Netstar Board, both with effect from 11
November 2020. Mr. Van Graan will also serve as the chairperson of Netstar from this
date. Messrs. Van Graan and Dawson will join, amongst others, Mr. Marius Swanepoel,
previously the CEO of Imperial Logistics Ltd, as non-executive directors of Netstar.

Mr. Van Graan was formerly the Managing Director of Dell South Africa and also served as
the chairperson of Dell SA. He is the former General Manager of Dell´s business in Africa.
Prior to leaving Dell in April 2017, he was the Vice-President for the Enterprise Solutions
business in the EMEA Emerging Markets. Prior to joining Dell, Mr. Van Graan spent 23 years
at IBM in various positions, both locally and internationally.

Mr. Dawson previously held senior positions within Dimension Data ("DiData"), 12 years of
which as CEO of DiData plc. Prior to DiData, Mr. Dawson held senior executive positions at
National Brands Ltd.

Both Messrs. Van Graan and Dawson will remain in the roles as members of the Altron Board.

10 November 2020

Investec Bank Limited

Date: 10-11-2020 09:02:00
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