AYO TECHNOLOGY SOLUTIONS LIMITED - Changes to the Board of Directors

Changes to the Board of Directors

AYO TECHNOLOGY SOLUTIONS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1996/014461/06
JSE share code: AYO
ISIN ZAE000252441
("AYO" or "the Company")


CHANGES TO THE BOARD OF DIRECTORS

In accordance with paragraph 3.59 of the JSE Limited Listings Requirements, shareholders are
hereby advised of the following changes to the board of directors of the Company ("the Board"),
with effect from 1 December 2024.

-   Mr Pride Guzha has resigned as Chief Financial Officer ("CFO") and executive director of AYO.
    The Board wishes to thank Mr Guzha for his contribution to the Company during his tenure as
    CFO and wishes him well, and much success, as he embarks on his new role as the Chief
    Executive Officer of Sizwe Africa IT Group, an indirect 55% owned subsidiary of AYO.


-   Mrs Valentine Dzvova has been appointed as the new CFO and executive director of AYO.
    Mrs Dzvova is a qualified Chartered Accountant with over a decade of leadership experience.
    Mrs Dzvova previously served as a non-executive director on the Board, and therefore already
    has a comprehensive understanding of the Company's operations and strategic direction.
    The Board is confident that her wealth of experience and insight will enable her to make a
    positive impact in her new role as CFO.

The Board extends its full support to Mrs Dzvova as she assumes this critical role and looks
forward to the valuable contributions she will bring to the Company moving forward.

The Board would also like to take this opportunity to express its sincere appreciation to Mr Guzha
for his dedicated service and leadership.


Cape Town
25 November 2024

Joint Sponsor
Vunani Sponsors

Joint Sponsor
Merchantec Capital

Date: 25-11-2024 04:03:00
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