RMB HOLDINGS LIMITED - Voluntary disclosure regarding the removal of Mr Brian Roberts as a director of Atterbury Property

Voluntary disclosure regarding the removal of Mr Brian Roberts as a director of Atterbury Property

RMB Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1987/005115/06)
ISIN: ZAE000024501
JSE ordinary share code: RMH
("RMH" or "the Company")


VOLUNTARY DISCLOSURE REGARDING THE REMOVAL OF MR BRIAN ROBERTS AS A DIRECTOR OF ATTERBURY PROPERTY
                


RMH shareholders are advised that at 9:00 today, 21 August 2025, a meeting of the shareholders of
Atterbury Property Proprietary Limited ("Atterbury Property") was held at which it was resolved by
ordinary resolution that Mr Brian Roberts ("Mr Roberts") be removed as a director of Atterbury Property.


Mr Roberts has served as a director of Atterbury Property since 31 July 2017. He held this directorship
in accordance with the terms of the Atterbury Property shareholders' agreement which confers the
shareholders of Atterbury Property, the most notable being Atterbury Property Holdings Proprietary
Limited ("APH") which holds 77.52% of the shares in Atterbury Property, the right to appoint up to eight
directors to the Atterbury Property board. In terms of the same agreement shareholders are also entitled
to request the removal of any director nominated by them, which right has been exercised. The
reasoning cited for Mr Roberts' removal was an alleged strategic misalignment between Mr Roberts, Mr
Albie Cilliers (a director of APH, appointed to replace Mrs Ellen Marais) and RMH on the one hand, and
the rest of the APH board.


Mr Roberts, together with Mr Albie Cilliers, retain their positions as directors of APH in accordance with
RMH's right to appoint one director for each 10% share held in APH which is a term of the APH
shareholders agreement.


Bryanston
21 August 2025


Sponsor
BSM Sponsors

Date: 21-08-2025 10:10:00
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