ETION LIMITED

(Incorporated in the Republic of South Africa)

(Registration Number: 1987/001222/06)

(Share Code: ETO)

(ISIN: ZAE000097028)

("Etion" or "the Company")

PUBLICATION OF ANNUAL FINANCIAL STATEMENTS AND NO CHANGE STATEMENT

Shareholders are referred to Etion's provisional reviewed results for the year ended

31 March 2022, released on SENS on 29 June 2022 ("Reviewed Results"). Shareholders are hereby advised that as of today, 15 July 2022, Etion's annual consolidated financial statements for the year ended 31 March 2022 ("Annual Financial Statements") have been published on the Company's website and contain no modifications to the Reviewed Results.

The Annual Financial Statements have been audited by PricewaterhouseCoopers Inc. who expressed an unmodified audit opinion thereon.

The Annual Financial Statements, together with the full audit report, which includes communication of key audit matters, are available on the Company's website at: https://www.etion.co.za/investor-relations-new/.

A further announcement will be made once the integrated annual report is published and the notice of annual general meeting is distributed to shareholders, which is expected to be on or about 29 July 2022.

Pretoria

15 July 2022

Designated Adviser

PSG Capital

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Etion Limited published this content on 15 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 July 2022 08:33:03 UTC.