GROUP FIVE LIMITED - Group executive committee member and head of developments, Themba Mosai, appointed as interim group CEO

Group executive committee member and head of developments, Themba Mosai, appointed as interim group CEO

Group Five Limited

(Incorporated in the Republic of South Africa)

(Registration number: 1969/000032/06)

Share code: GRF ISIN: ZAE000027405

("Group Five” or "the Company" or "the Group")


GROUP EXECUTIVE COMMITTEE MEMBER AND HEAD OF DEVELOPMENTS, THEMBA MOSAI,
APPOINTED AS INTERIM GROUP CEO


The board of Group Five announces that group executive committee (“exco”) member and the head of
Developments, Themba Mosai, has been appointed as the group’s interim CEO.

Themba has been with Group Five for almost 13 years and has been an active and strategic member of
exco since 2014. Under his leadership, the Developments business has focused on identifying and
developing significant contract opportunities in line with the group’s strategy in target sectors. Prior to
joining Group Five, Themba worked for AngloGold Ashanti in various mines in South Africa and Lebone
Consulting Engineers in various roles, including that of project manager.

At Group Five, Themba has also made great strides in further enhancing the group’s position across target
African geographies and its profile with both public and private sector clients, as well as securing new
work and resolving legacy matters in key markets.

Prior to leading the Developments team, Themba was the managing director of Intertoll Africa, having led
the company successfully for the previous seven years.

Themba is a strong relationship builder, and has a good ability to match client aspirations to the realities
of developing, financing, constructing and operating infrastructure assets across Africa. Themba is
technical and practical, supported by his Electrical Engineering qualification from Wits University, as well
as tactical, business-minded and strategic, supported by his MBA degree which he obtained cum laude
from Stellenbosch Business School.

Themba has worked closely with all exco members and has a firm understanding of the complexities of
the markets and the current challenges the group has to address.

The board has initiated processes for the appointment of a permanent CEO which include the assessment
of both internal and external potential candidates.

The board of directors welcomes Themba to his new role and is pleased to be able to reiterate the group’s
commitment to continue driving internal succession plans and as well as transformation within the
organisation.


Johannesburg
01 March 2017


Sponsor
NEDBANK CORPORATE AND INVESTMENT BANKING

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