LIBERTY TWO DEGREES LIMITED - Appointment of Independent Non-executive Directors and Change in Committee Compositions

Appointment of Independent Non-executive Directors and Change in Committee Compositions

LIBERTY TWO DEGREES LIMITED
(Registration number: 2018/388906/06)
JSE share code: L2D
ISIN: ZAE000260576
(“L2D” or “the Company”)


APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTORS AND CHANGE IN
COMMITTEE COMPOSITIONS

Shareholders are advised that Dr Puleng Makhoalibe and Ms Barbara Makhubedu have been
appointed as independent non-executive directors to the board of L2D.

Puleng will serve as member of the Social, Ethics and Transformation Committee and Barbara will
serve as member of the Audit and Risk and the Related Party Committees.

Puleng has a PHD and MBA in Business Administration. She is the CEO and co-founder of Alchemy
Inspiration and her experience includes Head of Innovation, Creativity and Entrepreneurship at Henley
Business School and head of Humanities at the University of Cape Town. Puleng has worked globally
in the innovation space over the last two decades.

Barbara is a Chartered Accountant with over 20 years of finance, audit, treasury, tax and controlling
experience and in acquisitions and divestments projects. Her career spans across accounting and
auditing profession, financial services industry and the energy sector. She has strong technical skills
in accounting, tax, treasury, controlling, governance, risk and assurance.

Further to this, Mr Peter Nelson is also appointed as Chairman of the Audit and Risk and the Related
Party Committees, which he currently serves on.

All these appointments are effective from 21 October 2020.


L2D looks forward to their contributions and welcomes the two new members to the board.


Johannesburg
21 October 2020

Sponsor
The Standard Bank of South Africa Limited

Investor Relations
Gareth Rees
Contact number: 011 448 6804

Date: 21-10-2020 04:00:00
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