PPC LIMITED - PPC Appoints Anthony Ball as Executive Director

PPC Appoints Anthony Ball as Executive Director

PPC Ltd
(Incorporated in the Republic of South Africa)
(Company registration number 1892/000667/06)
JSE ISIN: ZAE000170049
JSE code: PPC ZSE code: PPC
("PPC" or "Company")

LEADERSHIP AND GOVERNANCE UPDATE

1.   PPC APPOINTS ANTHONY BALL AS EXECUTIVE DIRECTOR

     In accordance with paragraph 3.59 of the JSE Limited Listings Requirements, the
     board of directors of the Company (“the Board”) wishes to advise shareholders of
     following changes to the Board and Board Committees, which changes are effective
     immediately:

     Mr Anthony Ball (“Anthony”) has served on the Board as an Independent Non-
     Executive Director (“NED”) since March 2018 and has now been appointed as
     Executive Director of the Company.

     Anthony’s qualifications include a BCom (Hons) (University of Cape Town), MPhil
     (Management Studies) (Oxford University) and CA(SA). He has extensive experience
     in business building, investing and corporate finance. Anthony will serve
     alongside Roland van Wijnen (“Roland”), the Chief Executive Officer, with his
     specific responsibility being to execute the mandate given by the Board to improve
     the current capital structure and lead the related negotiations with local as
     well as international funders. This will afford Roland the necessary capacity to
     focus on implementing the strategic changes identified to improve the business
     and additionally ensure the adjustments caused by the impact of the current
     COVID-19 crisis are properly addressed.

     Anthony will step down as an NED as well as the Chair of the Remuneration
     Committee (“REMCO”). He will remain a member of the Investment Committee.

2. COMMITTEE RESTRUCTURING

     REMCO
     Ms Noluvuyo Mkhondo (“Noluvuyo”) has been appointed as the Chair of the REMCO
     and the committee will now comprise of the following members: Noluvuyo, Charles
     Naude and Todd Moyo.




Sandton
24 June 2020
Sponsor
Merrill Lynch South Africa (Pty) Limited
PPC:
Anashrin Pillay
Head Investor Relations
Tel: +27 (0) 11 386 9000
Financial Communications Advisor:
Instinctif Partners
Gift Dlamini
Mobile: +27 11 050 7536

Date: 24-06-2020 02:51:00
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