THE SOUTH AFRICAN NATIONAL ROADS AGENCY SOC LIMITED - BINRA-Appointment of Non-Executive Director

BINRA-Appointment of Non-Executive Director

The South African National Roads Agency SOC Limited Incorporated in the Republic of
South Africa (Registration Number 1998/009584/30)
Alpha Code: BINRA
("SANRAL" or the "Company")


APPOINTMENT OF MR MAHESH FAKIR to THE SANRAL BOARD

SANRAL wishes to notify debt investors that the Minister of Transport, Ms. Barbara Creecy, has
appointed Mr. Mahesh Fakir to the SANRAL Board as a non-executive director. Mr. Fakir is replacing
Mr. Errol Makhubela, whose term expired on 2 July 2024, following his nomination by the Minister
of Finance. This appointment is made in accordance with section 12(2)(c) of the South African
National Roads Agency Limited and National Roads Act, 1998 (Act No. 7 of 1998). The appointment
is effective from 22 August 2024 for a duration of three (3) years.


Mahesh Fakir is a highly experienced professional with a robust background in civil engineering,
finance, and public sector management. He has held key leadership roles, including CEO of the Ports
Regulator of South Africa and currently serves as a consultant for Operation Vulindlela under the
Presidency. His career spans over three decades, marked by significant contributions to
infrastructure development, public finance, and strategic governance in South Africa. Mahesh is
recognized for his expertise in project management, regulatory frameworks, and fostering economic
growth through structural reforms.



SANRAL is looking forward to the significant contributions he will make in this new role.


23 August 2024



Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 23-08-2024 03:08:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.