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TELKOM SA SOC LIMITED - Change to the Board of Directors

Release Date: 26/04/2022 07:18
Code(s): TKG TL23 TL27 TL29 TL28 TL26 TL25 TL24 TL31 TL30 TL32     PDF:  
Wrap Text
Change to the Board of Directors

Telkom SA SOC Limited
(Registration Number 1991/005476/30)
JSE Share Code: TKG
JSE Bond Code: BITEL
ISIN ZAE000044897
("Telkom" or "the Company")

Change to the Board of Directors

In accordance with paragraph 3.59 of the Listings Requirements of the JSE Limited (“JSE”), shareholders are
advised of the appointment of Mr Sung Hyuck Yoon as non-executive director to the Board of Directors with effect
from 01 May 2022.

Sung is a former CEO and President of Samsung Africa, with unique executive experience across three continents,
including 16 years in the United States and 4 years in Africa. He has a proven track record of turning around difficult
business situations and significantly growing both new and existing business categories. He is an expert in tailoring
global strategies to suit the needs of each market, and possesses hands-on technical knowledge across numerous
product categories. He is a respected leader with meaningful relationships globally built in the past 32 years.

Sung has worked with Samsung Electronics in a range of capacities, and across the world as CEO and President
in South Africa, Head of Mobile Sales, Head of TV & AV Sales and Head of IBM sales respectively in the United
States of America, and New Business Development in Korea. He is currently an advisor to Samsung Electronics
in Korea.

Sung has a Master of Business Administration from the University of Illinois, and a Bachelor of Arts in Sociology
from Korea University.

The above appointment has been made in terms of Telkom’s nomination policy. The appointment is based on
the alignment of Sung’s skills and experience to the identified Board skills gap.

Telkom welcomes Sung to the Board of Directors and looks forward to his contributions to the Company.


Centurion
26 April 2022


Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited




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Date: 26-04-2022 07:18:00
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