IMPALA PLATINUM HOLDINGS LIMITED - Change in external auditor with effect from 2020

Change in external auditor with effect from 2020

IMPALA PLATINUM HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1957/001979/06)
JSE Share code: IMP
ISIN: ZAE000083648
ADR code: IMPUY
(“Implats” or the “Company”)

CHANGE IN EXTERNAL AUDITOR WITH EFFECT FROM 2020

The Independent Regulatory Board for Auditors (“IRBA”) published the rule on Mandatory Audit Firm Rotation
in 2017. Consequently, Public Interest Entities are now required to rotate their audit firms with effect from
financial years commencing after 1 April 2023.

The board of Implats wishes to inform shareholders that it has decided to early adopt IRBA’s Mandatory Audit
Firm Rotation requirements. The Audit Committee, after following a comprehensive formal tender process, as
well as due process as set out in paragraph 3.84(g)(iii) of the JSE Listings Requirements (“LR”), has recommended
the appointment of Deloitte as the Company’s external auditor with Mr Mandisi Mantyi as the designated lead
audit partner. The appointment of Deloitte as the new external auditor will take effect from the financial year
ending 30 June 2020. This appointment will be recommended to shareholders for approval at the Annual General
Meeting scheduled for 22 October 2019.

PwC, the Company’s current external auditor, will continue in their role in respect of the current financial year
ending 30 June 2019 to complete the 2019 audit.

The board wishes to thank PwC for their services to the Implats group over the years.

For further information, please contact:

Queries:
Johan Theron
E-mail: johan.theron@implats.co.za
T: +27 (0) 11 731 9013/43
M: +27 (0) 82 809 0166

Alice Lourens
E-mail: alice.lourens@implats.co.za
T: +27 (0) 11 731 9033/43
M: +27 (0) 82 498 3608

11 June 2019
Johannesburg

Sponsor to Implats
Nedbank Corporate and Investment Banking

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