HUDACO INDUSTRIES LIMITED - Changes to the board

Changes to the board

HUDACO INDUSTRIES LIMITED
("Hudaco" or the "Company")
Incorporated in the Republic of South Africa
Registration number 1985/004617/06
Share code: HDC & ISIN: ZAE000003273

CHANGES TO THE BOARD

Shareholders are advised, in accordance with paragraph 3.59 of the JSE Limited Listings
Requirements, that:

   •   Louis Meiring has tendered his resignation as executive director of the Company to
       enable him to devote his time to building his personal business interests. The date of his
       departure, which will be set to ensure a smooth transition of responsibilities, will be no
       later than 31 March 2024. The Board thanks Mr Meiring for his valuable contribution
       over the five years he has been with the Hudaco group and wishes him every success in
       his future endeavours.

   •   With effect from 1 February 2024, Ernie Smith, who has served as alternate director to
       Louis Meiring for the past year, has been appointed to the Board as a director in his own
       right. The Board congratulates Ernie on this appointment and looks forward to his
       contribution in the years ahead.

EDENVALE
9 January 2024
Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 09-01-2024 04:00:00
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