CAPITEC BANK HOLDINGS LIMITED - Retirement Of A Non-Executive Director And Appointment Of An Independent Non-Executive Director

Retirement Of A Non-Executive Director And Appointment Of An Independent Non-Executive Director

Capitec Bank Holdings Limited
Registration number 1999/025903/06
Incorporated in the Republic of South Africa
Registered bank controlling company
Ordinary Share Code: CPI ISIN Number: ZAE000035861
Preference Share Code: CPIP ISIN Number: ZAE000083838
("Capitec")

Capitec Bank Limited
Registration No. 1980/003695/06
Incorporated in the Republic of South Africa
Registered bank
Company code: BICAP
Stock Code: CBL17
ISIN Code: ZAG000099359
Stock Code: CBL18
ISIN Code: ZAG000099367
Stock Code: CBL20
ISIN Code: ZAG000102245
Stock Code: CBL22
ISIN Code: ZAG000105305
Stock Code: CBL24
ISIN Code: ZAG000130881
Stock Code: CBL25
ISIN Code: ZAG000136110
Stock Code: CBL26
ISIN Code: ZAG000136128
Stock Code: CBL27
ISIN Code: ZAG000143884
Stock Code: CBL28
ISIN Code: ZAG000151333
Stock Code: CBL29
ISIN Code: ZAG000158874
(“Capitec Bank” or “the bank”)

RETIREMENT OF A NON-EXECUTIVE DIRECTOR AND APPOINTMENT OF AN
INDEPENDENT NON-EXECUTIVE DIRECTOR

The boards of Capitec and Capitec Bank (“the boards”) are very
sad to announce that Riaan Stassen, one of the founders of
Capitec Bank, has decided to retire. Riaan played an integral
role in the establishment and success of the bank from 2001
to 2013 when he retired as chief executive officer of Capitec
and Capitec Bank. Riaan served as non-executive chairman of
the boards from 2016 and will retire on 31 May 2019.

The boards and management thank and honour Riaan for the
significant role he played in the success of the Capitec group
and wish him well in his retirement. His commitment and
steadfast leadership will be greatly missed.
The boards are delighted to advise that Ms Santie Botha has
agreed to join the boards. Santie’s appointment will
strengthen the independent element of the boards and support
the continuous drive to augment board acumen.

Santie’s appointment will be effective 1 June 2019. She will
take over as chairman of the boards from Riaan.

Summary curriculum vitae of Santie Botha

Santie is the chairman of Curro Holdings and Famous Brands.
She serves as a non-executive director on the board of
Telkom. She serves on the Advisory Council of the Africa
Leadership University, Mauritius.

Previous positions include chancellor of Nelson Mandela
University (2011-2017), non-executive director of Liberty
Holdings (2013-2019) Imperial Holdings (2011-2013), Tiger
Brands Holdings (2004-2017) and executive director of MTN
Group (2003-2010), ABSA Bank (1996-2003) and Unilever, London,
UK (1991-1996). She won a number of awards, including Top 100
Most Reputable Africans in 2018, 2010 Businesswoman of the
Year from the Businesswomen’s Association of South Africa,
Marketer of the Year in 2002 and Young Business Person of the
Year in 1998.

2 May 2019
Stellenbosch
Sponsor: PSG Capital

Date: 02/05/2019 08:15:00 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.