Shareholders are hereby notified that, on re-evaluating the mandates and the work load of the Altron Remuneration, Social, Ethics and Sustainability Committee ("RemSec"), the Board resolved to separate the combined RemSec and have a stand-alone Remuneration Committee and Social, Ethics and Sustainability Committee with effect from 13 February 2023. The Altron Remuneration Committee will focus on developing policy and structure for remuneration of directors and senior management and the Altron Social, Ethics and Sustainability Committee will focus on organisational ethics, responsible corporate citizenship, environmental sustainability, transformation and stakeholder relationships. Altron Limited announced members of the Social, Ethics and Sustainability Committee will be: Ms. Sharoda Rapeti (Chairperson), Ms. Alupheli Sithebe (Member), Mr. Robert Venter (Member), Mr. Werner Kapp (Member).

The members of the Remuneration Committee will remain: Dr. Phumla Mnganga (Chairperson), Ms. Sharoda Rapeti (Member), Mr. Antony Ball (Member), Mr. Tapiwa Ngara (Alternate to Mr. Antony Ball), Mr. Robert Venter (Member).