MINE RESTORATION INVESTMENTS LIMITED - Appointment of Ngubane and Co as Auditor of the Company

Appointment of Ngubane and Co as Auditor of the Company

 MINE RESTORATION INVESTMENTS LIMITED
 Incorporated in the Republic of South Africa
 (Registration number: 1987/004821/06)
 Share code: MRI
 ISIN: ZAE000164562
 (“MRI” or “the Company”)


APPOINTMENT OF NGUBANE AND CO AS AUDITOR OF THE COMPANY


In compliance with paragraph 3.75 of the Listings Requirements of JSE Limited, and further to the
Termination of Auditor announcement released on SENS on 15 October 2020, the board of directors
of MRI (the “Board”) is pleased to announce that it has approved the appointment of Ngubane and
Company Incorporated (“Ngubane and Co”) as the Company’s external auditor with effect from
14 December 2020. The Board believes that Ngubane and Co has the necessary skill, capability and
experience to oversee this function along with the transactional requirements.

Further to this, the Company has approved the appointment of Mr Magen Naidoo as the individual
designated auditor, also effective 14 December 2020. Mr Naidoo has a wealth of audit and financial
advisory experience. The Board looks forward to working with Mr Naidoo in the future.


Johannesburg
11 December 2020

Designated Adviser
Merchantec Capital

Date: 11-12-2020 11:16:00
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