Motus : Mandatory Rotation of Auditor

Mandatory Rotation of Auditor

Motus Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number: 2017/451730/06
Share code: MTH    ISIN: ZAE000261913
("Motus" or "Group")


MANDATORY ROTATION OF AUDITOR


The board of directors of Motus ("Board") hereby notifies Motus' shareholders that
PricewaterhouseCoopers Inc. ("PwC") has been appointed as the Group's external
auditors, with Thomas Howatt as designated audit partner, for the financial year ending
30 June 2024, replacing Deloitte & Touche ("Deliotte") after the 30 June 2023 financial
year. The appointment is subject to shareholder approval at the Group's annual general
meeting to be held on 2 November 2022.

The change in the audit firm was initiated by the Group to comply with the Independent
Regulatory Board for Auditors' ("IRBA") 2017 ruling on mandatory audit firm rotation,
which requires a company to rotate its external auditor where it has held such appointment
for more than ten consecutive financial years.


Johannesburg
13 June 2022


Sponsor
Merchantec Capital

Date: 13-06-2022 05:40:00
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