AEL: ALLIED ELECTRONICS CORPORATION LIMITED - No Change Statement, 2020 Integrated Annual Report and Notice of Annual General Meeting No Change Statement, 2020 Integrated Annual Report and Notice of Annual General Meeting ALLIED ELECTRONICS CORPORATION LIMITED (Registration number 1947/024583/06) (Incorporated in the Republic of South Africa) Share code: AEL ISIN: ZAE000191342 ("Altron" or "the Company") NO CHANGE STATEMENT, 2020 INTEGRATED ANNUAL REPORT AND NOTICE OF ANNUAL GENERAL MEETING Annual Statutory Report Altron shareholders are advised that the annual statutory report of the Company for the financial year ended 29 February 2020, which incorporates, inter alia, the preliminary audited summarised consolidated financial statements for the year ended 29 February 2020 and the notice of Annual General Meeting ("AGM"), was distributed to shareholders on Friday, 29 May 2020. The complete set of audited consolidated annual financial statements (including the external auditor, audit committee and directors´ reports for the financial year ended 29 February 2020), plus the corporate governance and remuneration reports, are available at www.altron.com The complete audited consolidated annual financial statements which appear on the Company´s website, contain no changes or modifications to the audited results which were released on SENS on Thursday, 14 May 2020. PwC Inc. audited the annual financial statements of Altron and their report is available for inspection at the registered office of the Company by arrangement with the Group Company Secretary at firstname.lastname@example.org or on (011) 645 3600. Integrated Annual Report Altron shareholders are also advised that the integrated annual report for the financial year ended 29 February 2020, has been posted on the Company´s website at www.altron.com. In the event that shareholders wish to receive an electronic version of the integrated annual report, this can be requested from the Group Company Secretary at email@example.com or on (011) 645 3600 or is available online at the aforementioned website address. Annual General Meeting Notice is hereby given that the 74th AGM of the Company will be held at 09:00 on Wednesday, 15 July 2020, to transact the business as stated in the notice of the AGM forming part of the annual statutory report. In light of the measures put in place by the South African Government in response to the Covid-19 pandemic and the restrictions in regard to public gatherings, shareholders are advised that the AGM will only be accessible through electronic participation, as permitted by the JSE Limited, the provisions of the Companies Act, No.71 of 2008 ("the Companies Act") and the Company's memorandum of incorporation. Further details are set out in the notice of AGM. The Altron Board has determined, in accordance with Section 59 of the Companies Act, that the record date for shareholders to be recorded in the securities register of the Company in order to: (i) be entitled to receive the notice of AGM is Friday, 22 May 2020 and (ii) be entitled to attend, participate and vote at the AGM is Friday, 10 July 2020. The last day to trade in order to be eligible to attend and vote at the AGM is Tuesday, 7 July 2020. For and on behalf of the Board. Johannesburg 29 May 2020 Sponsor Investec Bank Date: 29-05-2020 10:49:00 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.