LUXE HOLDINGS LIMITED - Changes to the Board of Directors

Changes to the Board of Directors

LUXE HOLDINGS LIMITED
(Previously Taste Holdings Limited)
Incorporated in the Republic of South Africa
(Registration number: 2000/002239/06)
Share code: LUX
ISIN Code: ZAE000286035
(“Luxe” or “the Company”)

CHANGES TO THE BOARD OF DIRECTORS

In accordance with paragraph 3.59 of the JSE Limited Listings Requirements, the board of
directors of Luxe (“the Board”) hereby notifies its shareholders that, with effect from 14
October 2021:

    -   Ms Lauren De Swardt (“Lauren”) has resigned as independent non-executive director
        and audit and risk and social, ethics and transformation committee’s member of the
        Company.

    -   Ms Nonzukiso Siyotula (Chairperson) (“Zukie”) has resigned as independent non-
        executive director and audit and risk, remuneration and nomination committee’s
        member of the Company.

    -   Ms Leah Mcrae (“Leah”) has resigned as independent non-executive director and
        social, ethics and transformation, remuneration and nomination committee’s member
        of the Company.

    -   Mr Duncan John Crosson (“Duncan”) has resigned as the Chief Executive Officer
        (“CEO”) and executive director of the Company and will take up the position of CEO
        at Luxe Jewellery and Watch Division (Pty) Ltd.

    -   Mr Hannes van Eeden (“Hannes”) has resigned as the Chief Financial Officer
        (“CFO”) and executive director of the Company and will take up the position of CFO
        at Luxe Jewellery and Watch Division (Pty) Ltd.

    -   Ms Suzanne Meyer (“Suzanne”) has been appointed as an independent non-
        executive director and Chairperson.


    -   Ms Helena Dorothea Grewar (“Althea”) has been appointed as an executive director
        and the CEO.

Althea has a CGMSA with 17 years’ experience in notably the pharmaceutical, venture capital
and retail industries. Her core focus is risk, strategic planning and corporate structuring. She
formed part of the audit firm known as Certified Master Auditors (South Africa) Inc. for over 7
years with the main objective of operational restructuring within companies to ensure
longevity.

Suzanne is a qualified Chartered Accountant (CA) SA with experience in the public and
private sector.

Suzanne has amassed her wealth of expertise through experience of over 20 years in the
accounting field. Suzanne has demonstrated her professional experience in handling
corporates such as Transnet, Eskom, Alexkor and various others.

The Board thanks Lauren, Zukie and Leah for their valuable contribution to the Group and
wishes them well in their future endeavours. The Board welcomes Althea and Suzanne and
looks forward to their contribution to the Company.

Shareholders are advised that the Company is in the process of considering additional
appointments to fill any vacancies and further announcements will be made in this regard.

Johannesburg
15 October 2021

Sponsor
PSG Capital

Date: 15-10-2021 07:05:00
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