KOMATI BASIN WATER AUTHORITY - KOBWA - Notification of Change in Auditor

KOBWA - Notification of Change in Auditor

Komati Basin Water Authority
Established in terms of the Treaty on the Development and Utilisation of Water Resources of the
Komati River Basin
Stock Code: KW01
ISIN Code: ZAG000016296
("KOBWA" or "the Issuer")


NOTIFICATION OF CHANGE IN AUDITOR


Noteholders are hereby advised of the non-reappointment of the Issuer's external auditor,
PricewaterhouseCoopers Inc. ("PwC"), with effect from 31 December 2024.
The change in audit firm was initiated by KOBWA due to PwC's three-year contract running its course.

Noteholders are further advised that the Joint Water Commission has approved the appointment of Nexia
SAB&T as KOBWA's external auditor for the next three years, from 1 May 2025 to 30 April 2028, with
Mr Ziyad Sonpra (IRBA registration number 483273) as designated audit partner.


Piggs' Peak, Eswatini
7 May 2025

Debt Sponsor
Merchantec Capital

Date: 07-05-2025 03:30:00
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