EXTENSION OF FINANCIAL REPORTING PERIOD

Shareholders are referred to the market notice issued by the Financial Services Conduct Authority on 3 April 2020, in respect of the extension of financial reporting periods (the "Extension Period(s)") and are advised that the Company will be utilising the two-month Extension Periods afforded to issuers with year-ends of 31 December 2019, 31 January 2020, 29 February 2020 and 31 March 2020, which it intends to publish prior to the end of August 2020.

As advised by the JSE, the Company reiterates that market participants should not draw undue adverse inferences as a result of Chrometco making use of the Extension Periods available to it.

Johannesburg
19 May 2020

Designated Advisor
PSG Capital