NOVUS HOLDINGS LIMITED - Changes to Board Committees and Change in Function of a Director

Changes to Board Committees and Change in Function of a Director

Novus Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 2008/011165/06)
JSE share code: NVS    ISIN: ZAE000202149
("Novus" or the Company")


CHANGES TO BOARD COMMITTEES AND CHANGE IN FUNCTION OF A DIRECTOR


Further to the announcements released on SENS on 15 November 2023 and on 14 March 2024, and in
compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, the board of directors
of Novus ("the Board") hereby notifies its shareholders of the following Board Committee changes,
with immediate effect:

- Mr Adrian Zetler, a non-executive director and Chairman of the Board, has stepped down as
  Chairman of the Human Capital Committee, however, remains a member of the Human Capital
  Committee;

- Ms Marang Mashologu, a non-executive director, has been appointed as Chairman of the Human
  Capital Committee; and

- Dr Elizabeth ("Liesbeth") Botha, an independent non-executive director, has been appointed as a
  member of the Social and Ethics Committee.

Accordingly, the Human Capital and Social and Ethics Committees will be comprised as follows:

Human Capital Committee
- Ms Marang Mashologu (Chairman)
- Mr Adrian Zetler
- Mr André van der Veen
- Mr Abduraghman (Manie) Mayman

Social and Ethics Committee
- Ms Lulama Mtanga (Chairman)
- Mr Adrian Zetler
- Dr Liesbeth Botha

Subsequent to the announced increase in her indirect shareholding in the Company, Ms Marang
Mashologu, previously an independent non-executive director, is no longer deemed to be independent
and is therefore a non-independent non-executive director.


Cape Town
28 March 2024

Sponsor
Merchantec Capital

Date: 28-03-2024 04:05:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.