ADVTECH LIMITED - Appointment of chairperson of the board and changes to audit and risk committee

Appointment of chairperson of the board and changes to audit and risk committee

ADvTECH Limited
(Incorporated in the Republic of South Africa)
(Registration number 1990/001119/06)
Share code: ADH       ISIN: ZAE000031035
(“ADvTECH” or “the Group”)



APPOINTMENT OF CHAIRPERSON OF THE BOARD AND CHANGES TO AUDIT AND RISK COMMITTEE

In accordance with paragraph 3.59 (a) of the JSE Limited Listings Requirements, and with reference to
the announcement published on SENS on 17 April 2023, and the shareholders resolution passed at the
Annual General Meeting (“AGM”) held on 18 May 2023, announcing the retirement of Mr Chris Boulle
at the conclusion of the 2024 AGM, the board of directors of ADvTECH (“Board”) is pleased to
announce the appointment of Professor Alexandra Watson (“Alex”) as Chairman of the Board effective
immediately following the conclusion of the 2024 AGM.

Alex was appointed as Independent Non-Executive Director to the Board and member of the Group’s
Audit and Risk Committee on 1 November 2022 and will step down as member of the Group’s Audit
and Risk Committee from the effective date of her appointment as Chairperson of the Board in
compliance with the provisions King IV™. Any vacancies in other committees will be filled in due
course and a separate announcement will be published relating to the changes to the committees
following Alex’s appointment.

4 September 2023

Johannesburg

Sponsor: Bridge Capital Advisors Proprietary Limited

Date: 04-09-2023 10:10:00
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