OCEANA GROUP LIMITED - Appointment Of Independent Non-Executive Director

Appointment Of Independent Non-Executive Director

OCEANA GROUP LIMITED
Incorporated in the Republic of South Africa
Registration number    : 1939/001730/06
JSE / A2X Share Code : OCE
NSX Share Code         : OCG
OTCQX Share Code       : OCGPF
ISIN Number            : ZAE000025284
("Oceana" or "the Company" or "the Group")

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

In compliance with paragraph 3.59 of the JSE Listing Requirements, the Board is pleased to announce
the appointment of Ms. Mamongae Mahlare as independent non-executive director of the Company
with effect from 1 September 2025.

Mamongae is a seasoned board director and C-suite executive with extensive experience in
governance oversight and value creation across diverse sectors, being eCommerce retail, FMCG and
Agri-processing. Her 27-year career spans multiple listed companies in emerging markets, where she
influenced sustainable growth and organizational transformation.

She was Executive Chairman of Takealot Group (South Africa's leading e-commerce platform) following
her role as Group CEO.

Her executive career encompasses CEO and MD roles at companies including Illovo Sugar South Africa,
complemented by strategic positions at SABMiller, Bain & Company, and Unilever.

She holds a Bachelor of Science degree from the University of the Witwatersrand, Johannesburg, South
Africa and a Master's Degree in Business Administration from Harvard Business School, Boston, USA.

Mamongae will also serve as a member of the Social, Ethics and Transformation Committee and the
Remuneration Committee.

The Company looks forward to Ms. Mahlare's board participation and contribution and wishes her the
very best in her new role.

For and behalf of the Board
25 July 2025
Cape Town

Sponsors – Primary Listing
The Standard Bank of South Africa Limited

Namibia Sponsor – Secondary Listing
Old Mutual Investments Services (Namibia) Proprietary Limited

Date: 25-07-2025 04:00:00
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