The board of directors of 4Sight has been consensually restructured and currently comprises the following persons: Tertius Zitzke, Acting Chief Executive Officer; Eric van der Merwe, Acting Financial Director; Marichen Mortimer, Independent Non-Executive Director; Johan Nel, Independent Non-Executive Director; Christopher Crowe, Independent Non-Executive Director; Andrew Murgatroyd, Independent Non-Executive Director; and Herman Singh, Independent Non-Executive Director. The reconstitution of the Board was effected following: The resignation of Vince Raseroka, effective 28 October 2019; the resignation of Gary Lauryssen effective 29 October 2019; the resignation of Jason du Plessis effective 29 October 2019; the resignation of Tinus Neethling effective 29 October 2019; the appointment of Tertius Zitzke to the Board effective 29 October 2019; the appointment of Eric van der Merwe to the Board effective 29 October 2019; the appointment of Marichen Mortimer to the Board effective 29 October 2019; the appointment of Johan Nel to the Board effective 29 October 2019; the appointment of Christopher Crowe to the Board effective 29 October 2019; the appointment of Andrew Murgatroyd to the Board effective 29 October 2019 and the appointment of Herman Singh to the Board effective 29 October 2019. Mr. Raseroka will be leaving 4Sight with immediate effect, having also tendered his resignation as an employee.

To afford the reconstituted board the opportunity to allow for a smooth transition, Mr. Lauryssen and Mr. du Plessis will remain employed by the 4Sight Group. Mr. Neethling will remain in his current role as Telco Cluster head within the 4Sight Group. Messrs Jaco Botha and Rudi Dreyer have agreed not to pursue their appointment to the 4Sight board in order to allow for a better board balance in terms of King IV and have accordingly withdrawn their consent to act as directors.

Messrs Dreyer and Botha will remain in their current roles as Mining, Manufacturing, Chemicals and Energy Cluster head and Managing Director of SET within the 4Sight Group respectively. Mr. Zitzke will take on the role of acting CEO, with Mr. van der Merwe taking on the role of acting Financial Director, until such time as the 4Sight board and board committees are duly constituted for the confirmation of their appointment as permanent CEO and Financial Director. The outgoing Financial Director, Jason du Plessis, will continue to assist the 4Sight Group with the finalisation of the interim results for the six months ended 30 June 2019 (the "interim results").

Marichen has provided trusted leadership and advisory services for the last 10 years to leadership teams across South Africa through Marichen Mortimer and Associates, which provides consulting, training and coaching in leadership effectiveness areas including: leadership development; high-performance team development and wellness interventions. Previously Marichen has held numerous directorship positions at the Institute of Directors Southern Africa, Zendegis (Pty) Ltd. and Leela Leadership Consultants (Pty) Ltd. Marichen's experience has come from holding senior management positions at SAP, RMP Properties, Rand Mines Properties and Barlows Equipment Manufacturing. Marichen is also a lead facilitator and coach for the Tshwane Leadership circle.

Prior to his appointment as CEO of IEMAS on 1 April 2010, Johan served on the executive management of the University of Pretoria for 8 years. Apart from his responsibilities for the finances and investments of the university, he was instrumental in establishing a successful private company structure through which the University conducted its continuous education, consulting and other business activities with the private sector. Andrew is an experienced Investor with a demonstrated history of working in the information technology and services industry.

As a strong business development professional skilled in negotiation, business planning, operations management, management, and risk management, Andrews brings a wealth of experience. Currently Andrew is the CEO of retail and customer engagement platform, Topshopper. Currently Herman is the CEO and founder of Future Advisory.

Most notably, Herman served as the Group Chief Marketing Officer at MTN Group; Managing Executive (Mobile commerce) at Vodacom and CEO: Beyond Payments at Standard Bank. He has held numerous board memberships and directorships at companies including Adcorp Holdings, various MTN OpCo's and Jumia Group.