SABLE EXPLORATION AND MINING LIMITED - Changes to the board

Changes to the board

Sable Exploration and Mining Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2001/006539/06)
(Share Code: SXM ISIN Code: ZAE000303319)
(“SEAM” or “the company”)

CHANGES TO THE BOARD


In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited
(“JSE”), the board of directors of SEAM (“the Board”) hereby notifies its
shareholders of the following:

Resignations

Messrs. Charles Mostert and Eshaan Singh have resigned as directors of the company
effective 24 April 2023.

The Board wishes to thank them for their commitment to the company over the years
that they served as directors.

Appointments

Ms Nyameka Madikizela has been appointed as an independent non-executive director
of the company effective 21 April 2023.

Nyameka has held senior positions in the Property and Logistics industries, both
in the Public and Private Sectors. Her most senior positions were as Chief
Executive Officer at PRASA, Corporate Real Estate Solutions (CRES), and as the
Chief Operating Officer of Calulo Property Fund, a REIT listed on the JSE. She has
been active in the transformative agenda, leading transformation in the Property
Charter, as President of South African Institute of Black Property Practitioners
(2006 - 2008).



Mr Ian Bird has been appointed as an independent non-executive director of the
company effective 21 April 2023.

Ian is a Chartered Accountant who completed articles at the-then Ernst & Young.
After qualifying, Ian was appointed as the Management Accountant for the-then
Spoornet (now Transnet Freight Rail) and developed a passion for the
transportation of bulk commodities and logistics in general.

After an initial 6 years as Management Accountant, Ian then spent the last 4 years
of his Transnet career as the executive responsible for the Export Coal Line to
Richards Bay Coal Terminal engaging at a strategic level with the multinational
coal exporters, as well as other users of the rail system to Richards Bay.

To further develop his skill and expertise in rail transportation of bulk
commodities, Ian then transitioned into consulting and in the course of his career
has advised executive teams and business leaders at Anglo American, South Dunes
Coal Terminal, Eskom, Exxaro Resources, Barloworld Logistics, ArcelorMittal, TATA
International, and Imperial Logistics.
Ian has also partnered with best of breed consulting firms such as Oliver Wyman,
HATCH, the BIGEN Group and RCE in developing rail-based logistics solutions.




Ms Hazel Bango-Moyo has been appointed as an independent non-executive director of
the company effective 21 April 2023.

Hazel is a qualified Chartered Accountant (South Africa) and a Registered Auditor
with over 19 years of experience providing audit and advisory services to clients
in South Africa, Australia and the USA in a variety of industries. She is the
Managing Director and founder of Primorial, a broad-spectrum accounting services
provider for Small and Medium businesses throughout Africa.

She was appointed as a partner/director at Deloitte & Touche in 2013 where she
held such positions in South Africa and Australia until her resignation in 2017.
She has solid experience servicing enterprises in financial institutions
(including Private Equity), Technology Media and Telecommunications, Manufacturing
and Not-for-Profit industries. Her experience with Not-for-Profits is gained from
highly regulated Not-for- Profit jurisdictions of the USA and Australia.

Hazel has a passion for small business and the development of women executives in
the workplace. The impact that she makes is through the support of, largely, small
businesses to achieve their potential by overcoming the typical challenges that
hinder their growth.

Messrs. James Allan (Chief Executive Officer)(and Deon Botha (Chief Financial
Officer) will remain on the Board of directors.

The Board and the Committees will be as follows:

Board
Ian Bird                           Chair / Independent Non-Executive Director
Hazel Bango-Moyo                   Lead Independent Non-Executive Director
Nyameka Madikizela                 Independent Non-Executive Director
Deon Botha                         Executive Director (CFO)
James Allan                        Executive Director (CEO)
Enver Motala                       Non-Executive Director
Mohamad Bassam Al Mojarkesh        Independent Non-Executive Director
Said Tinawi                        Independent Non-Executive Director

Audit & Risk Committee
Hazel Bango-Moyo                   Chair
Nyameka Madikizela
Ian Bird

Remuneration & Nominations Committee
Nyameka Madikizela                 Chair
Deon Botha
James Allan
Social & Ethics Committee
Ian Bird                    Chair
Hazel Bango-Moyo
James Allan



25 April 2023
Sandton
Sponsors
Exchange Sponsors

Date: 25-04-2023 05:29:00
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