NU-WORLD HOLDINGS LIMITED - Change to the Board of Directors

Change to the Board of Directors

NU-WORLD HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1968/002490/06)
Share Code: NWL ISIN code: ZAE000005070
("Nu-World" or "the Company" or "the Group")

CHANGE TO THE BOARD OF DIRECTORS

In accordance with paragraph 3.59 of the JSE Limited Listings Requirements, shareholders are advised that,
Mr Frank J. Davidson has tendered his resignation as a non-executive director of the Company and as chairman of the
Company's Audit Committee and as a member of the Company's Social and Ethics, Risk Management and
Remuneration Committees, to pursue other opportunities. Mr Davidson's resignation is effective from
31 December 2025.

The board of directors of Nu-World ("Board") wishes to thank Mr Davidson for his invaluable contribution during his
tenure and wishes him the best in his future endeavours.

The Board has commenced a process to appoint a new non-executive director. A further announcement in this regard
will be released in due course.

Johannesburg
1 December 2025


JSE Sponsor to Nu-World
Questco Corporate Advisory Proprietary Limited

Date: 01-12-2025 05:00:00
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