METAIR INVESTMENTS LIMITED - Appointment of lead independent director

Appointment of lead independent director

Metair Investments Limited
(Incorporated in the Republic of South Africa)
(Registration number 1948/031013/06)
Share code: MTA ISIN: ZAE000090692
(“Metair” or the “Company”)

APPOINTMENT OF LEAD INDEPENDENT DIRECTOR

The board of directors of Metair (the “Board”) is committed to adhering to good corporate
governance procedures, as it relates to the recommendations set forth in the King IV Report on
Corporate Governance for South Africa, 2016 (“King IV”).

In the process of updating and finalising the charter of the Board and its committees to adhere to
King IV recommendations, the Company is pleased to announce the following change to the
function of an independent non-executive Board member.

Mr J.G. Best has been appointed as the lead independent director of the Company, with effect
from 30 November 2017, and to act in this capacity for the next 12 months.

Johannesburg
31 January 2018

Sponsor
One Capital

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