RANDGOLD & EXPLORATION COMPANY LIMITED - Changes to the Board and Board Committees

Changes to the Board and Board Committees

RANDGOLD & EXPLORATION COMPANY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1992/005642/06)
Share Code: RNG
ISIN: ZAE000008819
("Company")

CHANGES TO THE BOARD AND BOARD COMMITTEES

In accordance with paragraph 3.59 of the JSE Limited Listings Requirements, the board of
directors of the Company ("Board") wishes to advise shareholders of the following changes
to the Board and committees of the Board ("Committees") with effect from 30 June 2024:

Board

Mr Patrick Ernest Burton ("Mr Burton") the current chairperson of the Company, has
stepped down as chairperson of the Company, but wil remain on the Board as an
independent non-execuitve director and as a member of the relevant Committees.

Mr Roderick John Fehrsen ("Mr Fehrsen") an independent non-executive director of the
Company,has been appointed as chairperson of the Board and chairperson of various
Committees.

Audit and Risk committee ("AuditCom")

Mr Burton has been appointed as the chairperson of the AuditCom, replacing Mr Fehrsen.

The current membership of the AuditCom is as follows:

-   Mr Burton (chairperson)
-   Mr Fehrsen
-   Mr Tembani Samuel Dube ("Mr Dube")

Remuneration committee ("RemCom")

Mr Fehrsen has been appointed as the chairperson of the RemCom, replacing Mr Burton.

The current membership of the RemCom is as follows:

-   Mr Fehrsen (chairperson)
-   Mr Burton
-   Mr Kesler
-   Mr Dube

Nomination committee ("NomCom")

Mr Fehrsen has been appointed as the chairperson of the NomCom, replacing Mr Burton.

The current membership of the NomCom is as follows:

-   Mr Fehrsen (chairperson)
-   Mr Burton
-   Mr Kesler
-   Mr Dube
-   Mr Marais Steyn ("Mr Steyn")
-   Mr Hilton Gishen ("Mr Gishen")

Social and Ethics committee ("SEC")

Mr Fehrsen has been appointed as the chairperson of the SEC, replacing Mr Burton.

The current membership of the SEC is as follows:

-   Mr Fehrsen (chairperson)
-   Mr Burton
-   Mr Kesler
-   Mr Dube
-   Mr Steyn
-   Mr Gishen

Johannesburg
28 June 2024

Sponsor
PSG Capital

Date: 28-06-2024 05:00:00
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