BRAINWORKS LIMITED - Changes to the Board of Directors

Changes to the Board of Directors

Brainworks Limited
(Incorporated in the Republic of Mauritius)
(Registration number: 115883 C1/GBL)
Share Code: BWZ ISIN: MU0548S00000
(“the Company”)


Changes to the Board of Directors


In accordance with paragraph 3.59 of the Listings Requirements of the JSE Limited, the board of directors
of the Company (“the Board”) wishes to advise shareholders of the following changes to the Board with
effect from 28 June 2019:

 1.   Mrs. Zain Mehtab Madarun has been appointed to the Board as an Independent Non-Executive
      Director

      Mrs. Zain Mehtab Madarun has over 10 years’ experience in the global business sector in
      Mauritius. As a Fellow Member of the Association of Chartered Certified Accountants, she started
      her career with CIM Global Business where she performed a Team Leader role in Fund
      administration and managed a team of 10 staff members prior to moving to Inter-Ocean
      Management Limited (now Maitland (Mauritius) Limited) in 2011 as Senior Client Services
      Manager. In 2015, Mrs Madarun, along with two other partners, founded the Adansonia Group
      and became a shareholder in Adansonia Holdings Limited. She currently serves as the Managing
      Director of Adansonia Management Services Limited. In addition to her current role in the
      Adansonia Group, she also serves as director on other boards and fulfils the compliance function
      for several entities and acts as Company Secretary to TSX and JSE listed entities.

      Mrs. Madarun will also serve as a member of the Company’s Audit and Risk Committee.


 2.   Mrs. Manisha Ramphul has been appointed to the Board as Independent Non-Executive Director.

      Mrs. Manisha Ramphul has over 10 years’ experience in the global business sector in Mauritius.
      She started her career with International Financial Services Limited in 2009 and thereafter joined
      CIM Global Business as Senior Administrator in 2010, where she performed the Global business
      companies’ administration prior to moving to Adansonia Management Services Limited in 2018.
      She currently serves as Team Leader of Adansonia Management Services Limited. In addition to
      her current role, she also serves as director on other boards and fulfils the compliance function
      for a number of entities.

The Board would like to take this opportunity to welcome Mmes Madarun and Ramphul to the Board.

Grande Baie, Mauritius
28 June 2019

Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 28/06/2019 04:21:00 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.