TIGER BRANDS LIMITED - Appointment of chief financial officer and executive director

Appointment of chief financial officer and executive director

TIGER BRANDS LIMITED
(“Tiger Brands” or “the Company”)
(Incorporated in the Republic of South Africa)
(Registration number 1944/017881/06)
Share code: TBS
ISIN: ZAE000071080

Appointment of chief financial officer and executive director


Further to the announcement released on SENS on 31 January 2020
informing shareholders of the appointment of an acting Chief
Financial Officer, the Board of Directors of Tiger Brands (“the
Board”) today announced that Ms Deepa Sita has been appointed as
Chief Financial Officer and Executive Director of the Company
with effect from 1 October 2020. The Audit Committee is satisfied
with the expertise and experience of Ms Sita to be appointed in
this role and look forward to her contribution.

Deepa is a Chartered Accountant and has an MBA (Cum Laude) from
GIBS.

Deepa started her career with Deloitte as a Trainee Accountant.
In 2005, she joined Samsung Electronics as a Senior Finance
Manager. Her career then took her to Entyce Beverages, a division
of National Brands as Finance and Procurement Director in 2007.
Thereafter, she joined Mondel?z International as Finance Director
responsible for South, Central and East Africa; Israel and
Mauritius. In 2014, she pursued her MBA studies on a full-time
basis and thereafter engaged in multiple consulting assignments,
as well as lecturing at GIBS. She joined the Masswarehouse
division of Massmart as Finance Director in 2016. In 2018, her
portfolio was expanded when she was appointed as Finance and
Commercial Director. She has also served as the interim CEO for
the Masscash division and is currently the Massmart Wholesale
Vice President: Integration and Strategy, where she has played a
pivotal role in the turnaround strategy of the business.


The Board would like to express its appreciation for the
professionalism and personal commitment of the Acting Chief
Financial Officer, Ms Pamela Padayachee, who will continue in
this role until 30 September 2020, after which she will assume a
senior finance role in the Company.

15 July 2020
Bryanston
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited

Date: 15-07-2020 08:30:00
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