CONDUIT CAPITAL LIMITED - Changes to the Board and Board Committees

Changes to the Board and Board Committees

CONDUIT CAPITAL LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/017351/06)
Share code: CND   ISIN: ZAE000073128
(“Conduit Capital” or “the Company”)


CHANGES TO THE BOARD AND BOARD COMMITTEES


Further to the announcements released on SENS on 12 December 2022 and 4 April 2023, and in compliance
with paragraph 3.59 of the Listings Requirements of JSE Limited (“Listings Requirements”), the board of
directors of Conduit Capital (“the Board”) hereby notifies its shareholders that with effect from 1 July 2023:

-   Mr M Lubega, an independent non-executive director, has been appointed as the Lead Independent
    Director.

    Mr M Lubega’s appointment, which is in compliance with King IV and paragraph 3.84(b) of the Listings
    Requirements, is due to the current Chairman of the Board, Mr L Chou, being a non-independent non-
    executive director;

-   Mr C Solberg has been appointed as the Chairman of the Audit and Risk Committee and a member of the
    Investment Committee; and

-   Mr G Hacking has been appointed as the Chairman of the Social and Ethics Committee and a member of
    the Remuneration and Nomination Committee.

Accordingly, the Board committees will be comprised as follows:

Audit and Risk Committee
- C Solberg (Chairman)
- M Lubega
- L Chou

Social and Ethics Committee
- G Hacking (Chairman)
- M Lubega
- P Todd

Investment Committee
- L Chou (Chairman)
- M Lubega
- P Todd
- C Solberg

Remuneration and Nomination Committee
- M Lubega (Chairman)
- G Hacking
- L Chou

The Board would like to express its sincere gratitude to the members of the Board and committees and looks
forward to their continued contributions.


Cape Town
21 June 2023

Sponsor
Merchantec Capital

Date: 21-06-2023 12:00:00
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