Errol Shear

Ninety One SA (Pty) Ltd. is the wholly-owned asset management subsidiary of Ninety One Ltd. (JSE: NY1) in South Africa. The firm was founded in 1991 and was formerly known as Investec Asset Management (Pty) Ltd. Headquartered in Cape Town, Ninety One is a specialist asset management firm which provides a range of portfolio management services and products to institutional and individual investors. They are socially responsible and are aware of their broader responsibility to society and seek to make a positive impact by focusing on initiatives that support local communities and their environments.

Old Mutual Investment Group (Pty) Ltd. (OMIGSA) is an asset management firm headquartered in Cape Town, South Africa. The firm is a wholly-owned subsidiary of Old Mutual Investment Group Holdings (Pty) Ltd., ultimately held by Old Mutual Ltd. (JSE: OMU; OTCMKTS: ODMUF). Formerly known as Old Mutual Asset Managers, OMIGSA offers segregated portfolios and pooled funds across the risk/return spectrum and manage various multi-assets, equity, fixed interest and listed property strategies for individual and institutional investors. The firm is a socially responsible investor and signatory to the UN Principles for Responsible Investment (UNPRI).

Public Investment Corp. (SOC) Ltd. (PIC) is the wholly-owned pension fund management subsidiary of the Government of South Africa, with the Minister of Finance as a shareholder representative. It was founded in 1911 as the Public Debt Commissioners and became the Public Investment Corp. in 2004. Headquartered in Pretoria, the firm focuses exclusively on the public sector, investing funds on behalf of their clients, public sector entities such as pension, provident, social security or guardian funds. PIC supports the United Nations’ Sustainable Development Goals and considers environmental, social and governance issues in all its investments.

Alexander Forbes Investments Ltd. is an asset management firm headquartered in Sandton, South Africa. The firm was founded by Andre Stadler in 1997 and is a subsidiary of Alexander Forbes Ltd., which is owned by Alexander Forbes Group Holdings Ltd. (JSE: AFH). It serves as an investment manager for institutional, wholesale and retail clients. Alexander Forbes Investments is a signatory to the UN Principles for Responsible Investing (UNPRI).

Absa Asset Management (Pty) Ltd. (Investment Management) (Absa-IM) is the investment management division of Absa Asset Management (Pty) Ltd., which is owned by Sanlam Ltd. (JSE: SLM) in South Africa. The firm was founded in 1997 as Abvest Associates Pty Ltd. Headquartered in Johannesburg, Absa-IM manages institutional assets on behalf of pension funds, provident funds, medical aid, collective investment schemes and trusts.

Eskom Pension & Provident Fund (EPPF) is the pension fund management subsidiary of Eskom Enterprises Pty Ltd., itself a subsidiary of State-owned Eskom Holdings SOC Ltd. in South Africa. Headquartered in Johannesburg, the firm was founded in 1950 to provide retirement fund administration services for the members of EPPF. They are also a defined benefit fund which provides retirement, withdrawal, death, and disability benefits to members, pensioners and their dependents.

IQUAD Group Ltd. engages in the business of providing outsourcing financial and business services. The company operates through four segments: Investment Incentives, Global Trade Services, Business Development Services and Audited and Verification Services. The Investment Incentives segment render consulting services aimed at enabling clients to obtain the maximum benefits and refunds from government and DTI incentive programmes. The Global Trade Services segment offers import and export business solutions, including customs consulting, rebate administration, financial market analysis and interest rate and forex risk management. The Business Development Services segment provides consulting services and management tools to optimise business systems and processes and technological solutions for third-party payment transactions. The Audited & Verification Services segment conducts quality assurance, VAT and customs audits and verifies BEE compliance. IQUAD Group was founded in 2000 and is headquartered in Port Elizabeth, South Africa.

Part of Absa Group Ltd., ABSA Investment Management Services Pty Ltd. provides investment solutions and advice to help clients achieve their financial goals. Founded in 1998 and based in Parktown, South Africa, the company offers a wide range of investment solutions, including a guaranteed outcome plan and living annuity for retirement income. ABSA Investment Management Services also provides personalized assistance online, over the phone, and face to face to meet every need and inquiry. The South African company offers quality-driven investment solutions for diverse strategies and goals, with suitable investment products and funds to meet clients' investment needs.

Sasfin Securities (Pty) Ltd. is the investment management arm of Sasfin Wealth (Pty) Ltd., itself a subsidiary of Sasfin Holdings Ltd. (JSE: SFN) in South Africa. The firm was formerly known as Sasfin Frankel Pollak Securities (Pty) Ltd. Headquartered in Sandton, Sasfin Securities specializes in global wealth management, and provides discretionary investment management services to high-net worth private individuals and corporate investors.

Sasfin Capital provides investment banking services. The company is headquartered in Waverly, South Africa.

Sasfin Bank Ltd. provides commercial banking services. It offers equipment, vehicle fleet rental, trade, debtor and plant, machinery finance, capital raising, mergers and acquisitions, private equity, treasury, money market products, portfolio management, deal and advisory stock broking and asset management services. The company is headquartered in Johannesburg, South Africa.

Consilium Securities (Pty) Ltd. is the brokerage arm and a wholly-owned subsidiary of Consilium Capital SA, an independent, owner-managed investment firm and financial services provider. Consilium Securities was formally established in 2008 when the asset management and securities capabilities of the Consilium group were reorganized under separate entities. Based in Johannesburg, the firm specializes in securities and commodities markets services as well as market intelligence. They provide execution services and research with a strong emphasis on quantitative analysis, aimed at identifying market trends early. They have specific expertise in South African equity, debt and commodities. Their trading process is technology-oriented. Their clients are high-net worth individuals, institutions, corporations and hedge funds.

New Seasons Investment Holdings (Pty) Ltd. is a investment company which invests only in exceptional businesses. The company was founded by Enos Mabuza, Peter Vundla, Kgomotso Moroka, Jabu Mabuza, and Ashley Mabogoane in 1995 and is headquartered in Benoni, South Africa.

Mergence Investment Managers (Pty) Ltd. (Mergence) is an asset management and holding firm headquartered in Cape Town, South Africa. The firm was founded in 2004 by Masimo-a-badimo Magerman. Mergence provides investment management services to a range of institutional clients, such as pension funds, government agencies, fund of funds managers and multi managers in South Africa. The firm is a socially responsible investor and a signatory to the United Nations Principles of Responsible Investment, which incorporate environmental, social, and governance issues into their investment process.

Part of IG Group Holdings plc, IG Markets South Africa Ltd. is a South African company that provides financial derivatives services. The company is based in Johannesburg, South Africa.

Sanlam Private Wealth (Pty) Ltd. is a wealth management firm headquartered in Cape Town, South Africa. The firm was founded in 1999 and is a subsidiary of Sanlam Investment Management (Pty) Ltd., ultimately held by Sanlam Ltd. (JSE: SLM). Sanlam Private Wealth manages a comprehensive range of local and global equity-only or multi-asset portfolios for high net-worth clients, family offices, financial institutions, and not-for-profit organizations.

Part of FirstRand Ltd., Ashburton Fund Managers (Pty) Ltd. is a South African Johannesburg-based investment management company. The company offers innovative investment solutions and is known for its Ashburton Leaders Equity Fund, which focuses on investing in market leaders. Ashburton Investments, as a trusted investment manager of FirstRand group, helps investors reach their investment goals. The company's investment philosophy and approach can be learned through their website, where prices and performance of their funds can also be viewed.

Part of Anchor Group Ltd., Anchor Capital Pty Ltd. is a wealth and asset management business that focuses on authentic client relationships and a world-class investment process. Located in Sandton, South Africa, Anchor Capital offers Anchor Aspirant, an offering targeted at young investors. The South African company provides investment solutions for individuals, advisors, and institutions. Founded in 2009, the CEO of the private company is Peter Graham Armitage.

Excelsia Capital Pty Ltd. (Excelsia) is an independent owner-managed investment management firm headquartered in Cape Town, South Africa. The firm was founded by Rajay Ambekar in 2016. Excelsia’s initial strategies are focused on Core (benchmark cognizant) and Aggressive (non-benchmark cognizant) equity mandates for institutional clients and individual investors. These portfolios are actively invested in listed equities and mandates and can be accommodated on a segregated basis, through a pooled structure or via their unit trust.

Pyxis Investment Management Pty Ltd. provides investment advice. The private company is based in Midrand, South Africa. Benjamin Van Wyk has been the CEO of the South African company since 2020.