Aveng - feedback on shareholder engagement

Date

Further to the announcement released on SENS on 27 November 2017 relating to Aveng's invitation to shareholders to engage with the Company on the remuneration policy and the implementation of the remuneration policy, shareholders are advised that the telephone conference took place on Monday, 4 December 2017 as follows:

1. two shareholders, holding approximately 24% of voteable shares in Aveng, participated in the telephone conference (“participating shareholders”);

2. one shareholder confirmed that the Company has already engaged with them and they had tabled their concerns; and

3. Aveng anticipates formulating a new three year policy and will engage with shareholders before its finalisation in June 2018.