HULAMIN LIMITED - Changes to the Board

Changes to the Board

HULAMIN LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1940/013924/06
JSE Code: HLM
ISIN: ZAE000096210
(“Hulamin”, the “Group” or the “Company”)

CHANGES TO THE BOARD

In accordance with paragraph 3.59 of the JSE Limited (“JSE”) Listings Requirements, the board of
directors of the Company (“Board”) is pleased to announce that Mr Meganathan Gounder (Mark), the
current chief financial officer (“CFO”) of the Company, has been appointed as the chief executive
officer (“CEO”) of Hulamin with effect from 1 December 2023.

Mark will replace Mr Geoff Watson, who was previously an independent non-executive director and
was appointed as the interim CEO on 1 October 2022. Geoff will return to the role of non-executive
director with effect from 1 December 2023.

Mark joined Hulamin on 1 April 2021 as the CFO. During his tenure as CFO, he has developed a deep
understanding of Hulamin and has been instrumental in leading a number of key strategic projects,
including successfully implementing an enterprise-wide transformation journey focused on
streamlining processes and driving efficiencies across the entire business. His extensive background
and wealth of experience makes him an excellent fit for the CEO role. The Board is pleased to appoint
a strong internal candidate as the CEO and looks forward to Mark’s continued contribution to Hulamin.

Ms Pravashni Nirghin, currently the Company’s Head of Financial Reporting, will be appointed as the
interim CFO of the Company with effect from 1 December 2023.

Pravashni is an experienced CA(SA) finance professional with over 17 years’ experience. She joined
Hulamin in 2022 from Vodacom, where she held various key finance positions. She is skilled in
managing overall finance functions, group and statutory financial reporting, financial planning and
achieving strategic business objectives in an effective manner.

The Board would like to express its appreciation to Geoff for his contribution to the Company during
his tenure as interim CEO.

The Nomination Committee will commence the process to appoint a permanent CFO and an
announcement will be made in due course.



Pietermaritzburg
10 October 2023

Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 10-10-2023 02:00:00
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