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(Incorporated in the Republic of South Africa) Share code: AEL ISIN: ZAE000191342 (“Altron” or “Altron Group” or “the Company”) ACQUISITION OF LAWTRUST – CATEGORY 2 TRANSACTION 1. INTRODUCTION TMTSA Group Proprietary Limited (“Altron TMTSA”) has entered into an agreement (“Agreement”) with Etion Limited, a South African public company listed on the Johannesburg Stock Exchange with Registration Number 1987/001222/06 (“Etion”), in terms of which Etion will sell and Altron TMTSA will acquire 100% of the issued shares in Law Trusted Third Party Services Proprietary Limited (“Lawtrust”). Lawtrust is a wholly owned subsidiary of Etion. 2. DESCRIPTION OF THE ASSET TO BE ACQUIRED Lawtrust is a digital trust services, cyber information security solutions provider. Lawtrust’s

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