Update: Disposal of Altron Document Solutions

Update: Disposal of Altron Document Solutions

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

UPDATE: DISPOSAL OF ALTRON DOCUMENT SOLUTIONS

Shareholders are referred to the announcements published by the Company on 17 March 2022 and 26 May
2022 wherein the Company notified shareholders of a Category 2 transaction relating to the disposal of Altron
Document Solutions and its interest in Genbiz Trading 1001 Proprietary Limited to Bi-Africa Investment
Holdings Proprietary Limited (“the Parties”).

The Parties previously agreed that the conditions precedent would be fulfilled by 31 August 2022. However,
the Parties are awaiting regulatory approval from the Zimbabwe Competition and Tariff Commission and as a
result, the Parties have agreed to extend the fulfilment of the conditions precedent to 28 February 2023.

Johannesburg
31 August 2022

Transaction Advisor
Marsden Advisory Pty Ltd

Sponsor
Investec Bank Limited

Date: 31-08-2022 07:05:00
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