AFRICAN DAWN CAPITAL LIMITED - Resignation of external auditor

Resignation of external auditor

AFRICAN DAWN CAPITAL LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1998/020520/06)
Share code: ADW
ISIN Code: ZAE000223194
("Afdawn" or "the Company")

RESIGNATION OF EXTERNAL AUDITOR

In accordance with paragraph 3.78 of the JSE Limited Listings Requirements, the board of
directors of Afdawn ("the Board") wishes to advise that, as a result of a thorough risk
assessment conducted by PKF Octagon Incorporated ("PKF"), PKF has resigned as the
external auditor of the Company and its subsidiaries, with effect from 5 January 2025.

The Board has commenced the process of appointing new auditors and will advise
shareholders once such appointment has been confirmed.

Johannesburg
21 February 2025

Designated Advisor
PSG Capital

Date: 21-02-2025 02:00:00
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.