THE SPAR GROUP LIMITED - Changes to the board committees

Changes to the board committees

THE SPAR GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1967/001572/06)
JSE Code: SPPISIN: ZAE000058517
(“SPAR” or the “Company”)

CHANGES TO THE BOARD COMMITTEES

In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, SPAR shareholders
(“Shareholders”) are hereby advised of the following changes relating to the committees of the board of
directors of the Company (“Board”).

Shareholders are advised that, with effect from Tuesday, 14 February 2023, the Company’s remuneration
and nomination committees will be combined into one committee (the “Remuneration and Nomination
Committee”) and comprise of the following Board members, subject to their re-election as directors of the
Company at the upcoming 2023 annual general meeting (where applicable):

-   Mrs Marang Mashologu, an independent non-executive director of the Company, will serve as
    chairperson to the Remuneration and Nomination Committee.
-   Mr Andrew Waller, the lead independent director of the Board, will serve as a member to the
    Remuneration and Nomination Committee.
-   Mr Graham O’Connor, the chairman of the Board, will serve as a member to the Remuneration and
    Nomination Committee.
-   Mrs Phumla Mnganga, an independent non-executive director of the Company, will serve as a member
    to the Remuneration and Nomination Committee.


Pinetown
16 November 2022

Sponsor
One Capital

Date: 16-11-2022 03:05:00
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