No Change Statement, 2020 Integrated Annual Report and Notice of Annual General Meeting

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


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

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 [email protected]
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 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 protected] 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.

29 May 2020

Investec Bank

Date: 29-05-2020 10:49:00
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