REMGRO LIMITED - Changes to the board of directors

Changes to the board of directors

Remgro Limited
(Incorporated in the Republic of South Africa)
(Registration number 1968/006415/06)
ISIN: ZAE000026480
Share code: REM
("Remgro")

Changes to the board of directors

In compliance with paragraph 3.59 of the JSE Limited Listings
Requirements, the following information is disclosed:

The board of directors ("Board") has approved the following:
1. Messrs F Robertson and NP Mageza, will retire as independent
   non-executive directors at the end of June 2025; and
2. Mr PJ Moleketi, an independent non-executive director, will be
   appointed to the Social and Ethics and Sustainability Committee
   of Remgro with effect from 18 September 2024.

The Board will further recommend to shareholders for approval at
the Remgro 2024 annual general meeting, to be held on 28 November
2024, that the Audit and Risk Committee be comprised of the
following three independent non-executive directors: Ms SEN De
Bruyn, Mr GG Nieuwoudt and Mr KS Rantloane.

The independence of directors is evaluated annually on a holistic
basis in accordance with the South African Companies Act and on a
substance-over-form basis as recommended by the King IV Report on
Corporate Governance. Taking this into account and for all future
appointments, a non-executive director that has served on the
Board for a period of more than 12 years will no longer be
classified as independent.

Stellenbosch
18 September 2024

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 18-09-2024 03:20:00
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