ITALTILE LIMITED - Changes to the Board of Directors and Board Committees

Changes to the Board of Directors and Board Committees

ITALTILE LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1955/000558/06)
Share code: ITE ISIN: ZAE000099123
("Italtile" or "the Company")


CHANGES TO THE BOARD OF DIRECTORS AND BOARD COMMITTEES


CHANGES TO THE BOARD OF DIRECTORS


In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, the board of
directors of Italtile ("the Board") hereby notifies its shareholders of two changes.

Firstly, Mr Jan Potgieter ("Jan"), has decided not to stand for re-election as a non-executive director
and will accordingly resign as a non-executive director with effect from 13 November 2025.

Secondly, Mr Leon Lourens ("Leon") has been appointed a non-executive director with effect from
3 October 2025.

The Board thanks Jan for his valuable contribution to the business, serving as COO from 2014 and
CEO from 2016 to 2021. During his tenure, Jan helped build a strong retail and supply chain
foundation, expanded the store network, and supported the Group's position as a market leader.

The Board has benefitted from Jan's experience and deep understanding of the retail business. His
wise and considered counsel have added significant value to Board debates and discussions. The
Board wishes him well in his future endeavours.

Leon worked for the Pepkor Group for 32 years, most recently as CEO from 2017 until his retirement
in 2023. Under his strategic leadership, Pepkor successfully navigated challenges such as the
Steinhoff crisis, the Covid-19 pandemic, the 2021 civil unrest and the KwaZulu-Natal floods in 2022.
He played a pivotal role in several mergers and acquisitions, most notably in the acquisition of Grupo
Avenida.

The Board welcomes Leon and looks forward to his leadership, strategic insights and extensive retail
experience which will complement the skills and expertise of the other directors.

CHANGES TO BOARD COMMITTEES

In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, the Board hereby
notifies its shareholders of the following changes to the Board Committees.

Mr Brand Pretorius, currently an independent non-executive director of the Board, has stepped
down as a member of the Remuneration, Nominations and Social and Ethics Committees, with
effect from 3 October 2025.

Ms Mamedupi Matsipa, currently an independent non-executive director of the Board, has been
appointed as a member of the Social and Ethics Committee, with effect from 3 October 2025.

Mr Leon Lourens, a newly appointed independent non-executive director of the Board, has been
appointed as a member of the Remuneration and Nominations Committees, with effect from 3
October 2025.


Johannesburg
6 October 2025

Sponsor
Merchantec Capital

Date: 06-10-2025 11:57:00
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