BUILDMAX LIMITED - Changes to the Board of Directors

Changes to the Board of Directors

BUILDMAX LIMITED
Incorporated in the Republic of South Africa
(Registration No. 1995/012209/06)
Share Code: BDM
ISIN Code: ZAE000167318
(“Buildmax” or “the Company”)


CHANGES TO THE BOARD OF DIRECTORS


In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, the board of
directors of Buildmax (“the Board”) hereby notifies shareholders of the following:

- Mr. Graeme Montgomery is stepping down as the Chief Executive Officer of the Company effective
  1 March 2017 but will continue as a non-executive director of the Company.

  Ms. Gillian Miller, currently the Group Company Secretary and Corporate Services and Legal
  Executive, has been appointed by the Board as Interim Chief Executive Officer with effect from
  1 March 2017.

  The Board have identified and are in discussions with an external party to fulfill the role of Chief
  Executive Officer.

- Mr Terry Bantock and Mr Dennis Mack, currently non-executive directors of the Company, are
  stepping down from the Board effective 28 February 2017.

  The Company thank them for their meaningful contributions made during their tenures.


Benoni
27 February 2017



Sponsor to Buildmax
Sasfin Capital (a division of Sasfin Bank Limited)

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