COMAIR LIMITED - Resignation from the Board of Directors

Resignation from the Board of Directors

COMAIR LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1967/006783/06)
(Share code: COM)
(ISIN: ZAE000029823)
(“Comair” or “the Company”)

RESIGNATION FROM THE BOARD OF DIRECTORS

In accordance with paragraph 3.59(b) of the JSE Limited Listings Requirements, the board of
directors of the Company (“the Board) wishes to advise that Ms. Kirsten Emily King will be
resigning as Financial Director of the Company effective from 28 February 2020 as she is
emigrating to the United Kingdom.

The board thanks Ms King for the sterling job she did in her position as Financial Director of
the Company and wishes every success in respect of her future endeavours in the United
Kingdom.

Bonaero Park
28 October 2019

Sponsor
PSG Capital

IMPORTANT NOTICE TO FOREIGN SHAREHOLDERS AND PROSPECTIVE INVESTORS
FOREIGN SHAREHOLDERS AND PROSPECTIVE INVESTORS IN COMAIR LIMITED
(“COMAIR”) SHOULD NOTE THAT, IN ORDER TO ENABLE COMAIR (AS A LICENSED
AIR SERVICES OPERATOR IN SOUTH AFRICA) TO REMAIN COMPLIANT WITH THE
FOREIGN OWNERSHIP RESTRICTION CONTAINED SECTIONS 16(4)(c) AND 19(a) OF
THE AIR SERVICES LICENSING ACT, NO. 115 OF 1990, THE VOTING RIGHTS OF
FOREIGN SHAREHOLDERS MAY BE DECREASED PROPORTIONATELY SUCH THAT
THE VOTING RIGHTS OF FOREIGN SHAREHOLDERS DO NOT, IN AGGREGATE,
EXCEED 24.99%. FOREIGN SHAREHOLDERS AND PROSPECTIVE INVESTORS ARE
REFERRED TO THE COMAIR’S MEMORANDUM OF INCORPORATION AND WEBSITE
(www.comair.co.za) FOR FURTHER DETAILS. IF FOREIGN SHAREHOLDERS OR
PROSPECTIVE INVESTORS ARE IN ANY DOUBT AS TO WHAT ACTION TO TAKE THEY
SHOULD SEEK ADVICE FROM THEIR BROKER, ATTORNEY OR OTHER
PROFESSIONAL ADVISER.

Date: 28/10/2019 11:00:00
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