SPANJAARD LIMITED - Changes to the Board

Changes to the Board

SPANJAARD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1960/004393/06)
Share code: SPA ISIN: ZAE000006938
(‘the Company”)

CHANGES TO THE BOARD

In compliance with section 3.59 of the Listings Requirements of the Johannesburg Stock
Exchange (“JSE”), shareholders are advised that Mr Sandeepkumar (“Sandeep”) Vassan
Makan will join the Board as Financial Director with effect from 10 February 2020.

Sandeep is a qualified Chartered Accountant and Chartered Management Global
Accountant (“CGMA”) with 19 years of financial management and reporting experience
across various industries.

The Board of Directors welcomes Mr Makan to the Board and looks forward to working
with him as part of the executive team.

By order of the Board
Johannesburg

11 February 2020

Sponsor

Arbor Capital Sponsors Proprietary Limited
(Registration number 2006/033725/07)

Date: 11-02-2020 03:57:00
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