WESCOAL HOLDINGS LIMITED - Resignation of independent non-executive director

Resignation of independent non-executive director

WESCOAL HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 2005/006913/06)
Share code: WSL
ISIN: ZAE000069639
(“Wescoal” or the “Company”)

CHANGES TO THE BOARD: RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR

The Board of Directors of Wescoal (the Board) hereby notifies shareholders that Dr Martin van Wijngaarden
has resigned as an independent non-executive director with effect from 31 May 2019. He was appointed to
the Board on 14 February 2019.

As previously announced, the Company is currently in a transitional phase which has placed additional time
requirements on its non-executive directors. Due to Dr van Wijngaarden’ pre-existing time commitments, he
is unable to dedicate sufficient time to fulfil his duties as an independent non-executive and he has therefore
resigned.

The Board takes this opportunity to express their appreciation to Dr van Wijngaarden and extends its best
wishes for his future endeavours.

3 June 2019

Investment bank, corporate advisor and sponsor
Nedbank Corporate and Investment Banking

Investor Relations
Singular Systems

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