KAP INDUSTRIAL HOLDINGS LIMITED - Retirement of independent non-executive director - KAP

Retirement of independent non-executive director - KAP

KAP INDUSTRIAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1978/000181/06)
JSE alpha code: KAP
(“KAP” or “the Company”)

RETIREMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

The KAP board of directors (“the Board”) advised shareholders via an announcement on
SENS on 20 October 2020 that, following eight years on the Company’s audit and risk
committee, Mr SH Nomvete had declined to make himself available for re-election to the
committee at the Company’s forthcoming annual general meeting (“AGM”) on 18 November
2020.

In accordance with paragraph 3.59(b) of the JSE Limited Listings Requirements, shareholders are
hereby advised that Mr Nomvete has further advised the Board that, after 17 years on the Board
and following the appointment of three new independent non-executive directors, he has also
decided to retire from the Board by resignation after the Company’s AGM on 18 November
2020.

The Board expresses its appreciation to Mr Nomvete for his years of service on the Board and
for his contribution to the Board and the Company.

By order of the Board
KAP Secretarial Services Proprietary Limited

Stellenbosch
5 November 2020

Debt Sponsor
Nedbank Corporate and Investment Banking

Date: 05-11-2020 03:00:00
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