TONGAAT HULETT LIMITED - Appointment of Independent Non-Executive Director

Appointment of Independent Non-Executive Director

Tongaat Hulett Limited
Registration number 1892/000610/06
Share code: TON
ISIN ZAE000096541
(Tongaat Hulett or "the Company")

TONGAAT HULETT: APPOINTMENT OF AN INDEPENDENT NON-EXECUTIVE
DIRECTOR

The Board is pleased to announce the appointment of Ms Louisa Stephens as an
independent non-executive director to the Company and as a member of the
Remuneration and Human Resources committee and the Risk, Capital and
Investment committee, with effect from 15 July 2020.

Ms Stephens’ career included roles at the National Empowerment Fund as fund
manager, a former investment banker at Rand Merchant Bank. She was also a
General Manager of the Investment and Finance Divisions of Nozala Investments,
where she was a transactor and managed the BEE Investment Holding company’s
investment portfolio and entire finance and administration process of the group.
Louisa was also Chief Investment Officer of Circle Capital Ventures.

Ms Stephens’ impressive experience, qualifications and business acumen have seen
her serve on the boards of directors of several prominent companies. She served on
the boards of African Bank Group, BAIC Automobile (South Africa) Proprietary
Limited, Afgri Limited, South Oceans Holdings Limited and a member of the Fund
Management Investment Committee of the National Empowerment Fund.

She is now a non-executive director at Multichoice Group Limited, Royal Bafokeng
Platinum Limited and the Lead Independent at the Institute of Directors in Southern
Africa NPC.


Tongaat
10 July 2020


Sponsor
INVESTEC BANK LIMITED

Date: 10-07-2020 08:00:00
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