SA CORPORATE REAL ESTATE LIMITED - Appointment of an independent non-executive director

Appointment of an independent non-executive director

SA Corporate Real Estate Limited
(Incorporated in the Republic of South Africa)
Share Code: SAC ISIN Code: ZAE000203238
(Registration number 2015/015578/06)
("SA Corporate" or "the Company")
REIT status approved

APPOINTMENT OF AN INDEPENDENT NON-EXECUTIVE DIRECTOR

The Board of Directors of SA Corporate is pleased to announce
the appointment of Ms Seapei Mafoyane as an independent non-
executive director of the Company, with effect from 11 February
2021.

Ms Mafoyane is a seasoned business leader and currently the
Managing Director of Espy Advisory Services, an integrated
Enterprise   and   Supplier   Development,    and   Preferential
Procurement / B-BBEE corporate advisory and consultancy firm.
During her distinguished career, spanning 21 years, Ms Mafoyane
has served as the Chief Executive Officer of Black Umbrellas,
the Enterprise and Supplier Development partner to a number of
corporates in the public and private sector. Prior to this, she
served as Business Performance and Capability Strategist at
South African Breweries, as Head of Customer Strategy: Credit
Division for the Standard Bank of South Africa, and as the
Functional Head of Vitality at Discovery Health. Ms Mafoyane was
further an independent non-executive director and Lead
Independent Director of Rolfes Holdings Limited until 2020 and
served as the Chairperson of its Social and Ethics Committee.
Ms Mafoyane is a non-executive director on the boards of Timken
South Africa and Infinity Anchor Fund and holds a B.Sc.
Microbiology (University of Natal) and an MBA from Wits Business
School.

Commenting on Ms Mafoyane’s appointment, SA Corporate’s Chairman
Mr Arthur Moloto said: “I am delighted that Ms Mafoyane has
agreed to join the Company’s Board. Her extensive business
experience and her complementary range of skills will be of
significant benefit to the Board’s discussions and decision-
making. We look forward to Ms Mafoyane’s contribution to the
ongoing success of the Company.”

12 February 2021
Cape Town

Sponsor: Nedbank Corporate and Investment Banking

Date: 12-02-2021 02:35:00
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