ZEDA LIMITED - Changes to the Board of Directors and Board Committees

Changes to the Board of Directors and Board Committees

ZEDA LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 2022/493042/06
JSE share code: ZZD
ISIN: ZAE000315768
("Zeda" or the "Company")

Zeda Financing Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2024/160098/06)
Company code: ZFLI
Bond Code: ZDF001 ISIN No: ZAG000212812
Bond Code: ZDF002 ISIN No: ZAG000212770

CHANGES TO THE BOARD OF DIRECTORS AND BOARD COMMITTEES

In accordance with paragraph 6.71 of the Listings Requirements and paragraph 6.42 of the Debt and
Specialist Securities Listings Requirements of the JSE Limited, shareholders and noteholders are
advised of the following:

CHANGE IN CHAIRPERSON

Mr Lwazi Bam has stepped down as Chairperson of the Board of Zeda ("Board") with effect from 30
April 2026, following his acceptance of an executive role outside Zeda, which will limit his capacity to
continue in the role. He will remain on the Board as an Independent Non-Executive Director.

The Board thanks Mr Bam for his steady leadership since the Company's listing, which has been
instrumental in guiding the Company's strategic direction and entrenching a robust governance practice
and looks forward to his continued contribution.

Pursuant to the above, Sydney Mhlarhi has been appointed as Chairperson of the Board with effect
from 1 May 2026. The Board looks forward to his leadership.

Mr Mhlarhi was initially appointed to the Board as an Independent Non-Executive Director on 27
February 2026.

APPOINTMENT OF DIRECTOR

Mr Deon Van Heerden has been appointed as an Independent Non-Executive Director to the Board of
Zeda with effect from 1 May 2026.

Mr van Heerden is the Managing Partner of Artefact South Africa, a global data and AI consulting firm,
where he advises boards and executives on digital transformation, AI, and data strategy. He is the
founder and former CEO of Advance Guidance, which he successfully scaled internationally before its
acquisition by Artefact, strengthening its global footprint. He has extensive executive and board-level
experience across technology-driven organisations, with a track record of leading growth, strategy
execution, and financial management. His expertise includes financial oversight, and scaling data-led
businesses, positioning him as a strategic inclusion to the Board.

The Board confirms that an independent Fit and Proper assessment was conducted on Mr van Heerden
and is satisfied with the outcome of this assessment. Zeda also confirms that Mr van Heerden has
affirmed his integrity in terms of the information contained in the director's declaration.
CHANGES TO THE BOARD COMMITTEES

Further to the above changes, the various Board Committees will be comprised as follows:

Audit and Risk Committee
Marna Roets (Chairperson)
Lwazi Bam
Yolanda Miya
Deon van Heerden

Investment and Transaction Committee
Augostino Sfeir (Chairperson)
Omri Thomas
Marna Roets
Deon van Heerden

Remuneration Committee
Yolanda Miya (Chairperson)
Sibani Mngomezulu
Augostino Sfeir
Omri Thomas

Social, Ethics, and Transformation Committee
Sibani Mngomezulu (Chairperson)
Ramasela Ganda
Yolanda Miya

Nomination Committee
Sydney Mhlarhi (Chairperson)
Lwazi Bam
Augostino Sfeir
Omri Thomas

Croydon
29 April 2026

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 29-04-2026 03:15:00
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