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HARMONY GOLD MINING COMPANY LIMITED - Harmony appoints Beyers Nel as Group CEO and Floyd Masemula as Deputy Group CEO

Release Date: 14/11/2024 13:13
Code(s): HAR     PDF:  
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Harmony appoints Beyers Nel as Group CEO and Floyd Masemula as Deputy Group CEO

Harmony Gold Mining Company Limited
Registration number 1950/038232/06
Incorporated in the Republic of South Africa
ISIN: ZAE000015228
JSE share code: HAR
("Harmony" and/or "the Company")

Harmony appoints Beyers Nel as Group CEO and Floyd Masemula as Deputy
Group CEO

Johannesburg, Thursday, 14 November 2024. The Board of Harmony Gold
Mining Company Limited ("Harmony" and/or "the Company") is pleased to
announce the appointment of Beyers Nel as Group Chief Executive Officer
("Group CEO") and Executive Director of the Company, with effect from
1 January 2025. He will succeed the current Group CEO, Peter Steenkamp,
who retires at the end of December 2024. Peter was appointed CEO of
Harmony nine years ago.

Beyers has been with Harmony since 2003 and held various positions, most
notably that of Chief Operating Officer of South Africa since 2016. He
was appointed Group Chief Operating Officer in January 2023. Beyers has
24 years' experience in the gold mining industry during which he had
various operational, management and executive responsibilities; on
opencast, deep and ultra-deep level mines. He is past President of the
Association of Mine Managers of South Africa and serves as Chairman of
the board of the Mines Rescue Services (Pty) Ltd. Beyers has a mining
engineering degree from the University of Pretoria and an MBA from the
University of Chicago Booth School of Business.

The Harmony Board also decided to appoint Floyd Masemula as Deputy Group
Chief Executive Officer with effect from 1 January 2025, due to the
importance and the focus that is required for the South African mines.
Floyd is currently Executive: Operating Officer of the South African
operations. His primary responsibility will be to continue his current
leadership of the South African operations.

Floyd has two decades of experience in various operational, management
and executive roles in the gold and platinum mining sectors; covering
diverse mining methods including ultra-deep level, pillar and open cast
mining. Prior to joining Harmony in July 2023, he held the positions of
Senior Vice President and Head of Mining at Sibanye-Stillwater's
platinum's division. Floyd was previously Regional General Manager at
Harmony's Kusasalethu, Doornkop and Kalgold operations and also occupied
various general manager roles at AngloGold Ashanti. He served two terms
as a council member of the Association of Mine Managers of South Africa.
Floyd is a qualified mining engineer and has an MBA from WITS Business
School and also obtained various other management qualifications.

In welcoming Beyers and Floyd, the Harmony Chairman Dr Patrice Motsepe
said "Beyers Nel will provide operational continuity along with strong
mining leadership and will continue with the excellent work and results
that Harmony has been producing under the capable leadership of Peter
Steenkamp. Beyers and Floyd, together with the world-class management
team at Harmony, will provide operational leadership during the next
exciting growth phase of the Company. I also want to express my deep
personal gratitude and the gratitude of the Harmony Board, its
shareholders, employees and stakeholders to Peter Steenkamp for the
outstanding leadership that he has provided as CEO of Harmony since
2016. We wish Peter everything of the best with his new endeavours and
he will forever be part of the Harmony family."
Ends.


For more details, contact:

Jared Coetzer
Head: Investor Relations
+27 (0) 82 746 4120



Johannesburg, South Africa
14 November 2024

Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited

Date: 14-11-2024 01:13:00
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