HULAMIN LIMITED - Notification of change in Auditor

Notification of change in Auditor

HULAMIN LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1940/013924/06
JSE Code: HLM
ISIN: ZAE000096210
(“Hulamin” or “the Company”)


NOTIFICATION OF CHANGE IN AUDITOR


Shareholders are advised that, in terms of paragraph 3.78 of the JSE Limited Listings Requirements, the
board of directors has proposed that Ernst & Young Inc. be appointed as the Company’s external auditors
for the financial year ending 31 December 2018, with Mr Sifiso Sithebe acting as the designated audit
partner.

Hulamin’s transformation objectives include the empowerment of its supplier base. To this end, Ernst &
Young will partner with Ubucule Inc, a KZN-based Black-owned auditing and accounting firm.

The change in audit firm is subject to the approval by shareholders at the Company’s annual general
meeting, which is scheduled to be held on 26 April 2018 and, subject to such approval, the appointment
will become effective on that date.

The Company initiated the termination of the current auditors’ appointment, effective 25 April 2018, as a
result of the adoption of an audit firm rotation process, having regard to the fact that PwC has been the
Group’s external auditor for the past 68 years.


Pietermaritzburg
7 December 2017

Sponsor
Questco Corporate Advisory Proprietary Limited

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