Sharenet Sites 
Sharenet Sites
Changes to the board of directors and board committees
Metair Investments Limited
(Incorporated in the Republic of South Africa)
(Registration number 1948/031013/06)
Share code: MTA ISIN: ZAE000090692
(“Metair”)
CHANGES TO THE BOARD OF DIRECTORS AND BOARD COMMITTEES
In accordance with paragraph 3.59 of the Listings Requirements of the JSE Limited,
Metair shareholders are hereby advised of the following changes to the directors of the
Metair board (the “Board”) and Board committees.
1. Appointments to the Board
Metair initiated a process to identify new non-executive directors to strengthen the
Board, with a particular focus on transformation, gender diversity and succession
requirements. The culmination of this process resulted in the appointment of Ms
PPJ (Portia) Molefe and Ms TN (Thandeka) Mgoduso to our Board as independent
non-executive directors with effect from 1 March 2016. The Board is very pleased
to welcome them and looks forward to their contribution to the continued success of
Metair.
Ms Molefe’s wide range of expertise has been shaped by her experience as an
entrepreneur, as well as senior strategic positions held in government over a period
of 20 years. She served as Chief Operating Officer of Trade and Investment South
Africa, Chief Operating Officer in the Department of Trade and Industry, and as the
Director-General of the Department of Public Enterprises. She is the co-founder and
was Chief Executive Officer of Ubu Investment Holdings Pty Ltd (2010-2014), a
company focusing on investments in infrastructure and advanced manufacturing
and strategic advice in the development of key economic infrastructure and strategic
sectors in Africa. She is also a non-executive director of Ubank and NPN
Economists Pty Ltd, is on the Africa Advisory board of Alexander Proudfoot Africa
Pty Ltd and serves on the board of Ubu Investment Holdings Pty Ltd and its
subsidiaries.
Ms Mgoduso started her career as a clinical psychologist, during which time she
lectured at universities and practiced both in South Africa and abroad. She then
joined Transnet SOC Ltd, where she served as Group HR Executive and then as
Chief Executive Officer of freight dynamics. She later joined Imperial Logistics as
Group Transformation Executive and then served as managing director of Ayavuna
Women’s Investments (“Ayavuna”). After her time at Ayavuna, she spent time in
strategic consulting and infrastructural development. She is currently on the boards
of the South African Reserve Bank (where she chairs the remuneration committee),
Tongaat Hulett Ltd, BIOSS Southern Africa Pty Ltd, Ayavuna Trust and Assore
Limited. She is the chairman of Jojose Investments Pty Ltd and a commissioner on
the Independent Commission for the Remuneration of Public Office Bearers.
2. Changes to the Board Remuneration Committee
With effect from the 1 March 2016, Mr RS Broadley, an independent non-executive
director of the Board, will step down as Chairman of the Remuneration Committee
(“Remco”), but will remain a member of Remco, and Ms Mgoduso will be appointed
as the Chairperson of Remco.
3. Changes to Social and Ethics Committee
Ms Molefe will serve as a member of the Social and Ethics Committee with effect
from the date of her appointment to the Board.
Johannesburg
25 February 2016
Sponsor
One Capital
Date: 25/02/2016 08:00:00 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.
