MTN GROUP LIMITED - MTN Appointment of new Group President and Chief Executive Officer

MTN  Appointment of new Group President and Chief Executive Officer

MTN Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1994/009584/06)
(Share code MTN)
(ISIN: ZAE000042164)
(“MTN Group” or “the Company”)

Appointment of new Group President and Chief Executive Officer

Following an extensive executive search process, the Board of Directors of MTN Group ("the Board")
today announces that the current Group Chief Financial Officer ("GCFO") of MTN Group, Ralph Mupita,
has been appointed as the new Group President and Chief Executive Officer (“GCEO”), with effect
from 1 September 2020.

The current GCEO, Rob Shuter, will step down from his executive responsibilities on 31 August 2020
and will thereafter support the incoming GCEO as required until the end of his fixed term contract
early next year.

The Board Chairman, Mcebisi Jonas, on behalf of the Board, stated: "After a rigorous and extensive
search process, the Board and I are pleased to have appointed someone of Ralph's calibre, experience
and ability to fill the GCEO position. We want to thank Rob for his contribution to MTN Group and wish
him all the best in his future endeavours.”

Commenting on his appointment, Mupita said “leading a business with MTN Group’s history, scale and
socio-economic impact, is a privilege and honour, and I look forward to working with the group board
and executive committee to driving growth and unlocking value for shareholders and broader
stakeholders”.

A further update regarding the GCFO position will be made on or before 1 September 2020.



Fairland

19 August 2020


Lead sponsor

Tamela Holdings Proprietary Limited

Joint sponsor

J.P. Morgan Equities South Africa Proprietary Limited

Date: 19-08-2020 07:30:00
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