Passing away of Independent Non-executive Director
Passing away of Independent Non-executive Director Balwin Properties Limited (Incorporated in the Republic of South Africa) Registration number 2003/028851/06 Share code: BWN ISIN: ZAE000209532 (“Balwin” or “the Company” or “the Group”) Passing away of Independent Non-executive Director Balwin regrets to announce the unfortunate and untimely passing of Duncan Westcott, an Independent Non-executive Director of the Group, on Thursday, 19 August 2021. Duncan was appointed to the Board of Balwin in October 2019 and made a considerable contribution, especially as a member of the audit and risk committee. He worked for 30 years as an accountant and auditor, followed by 10 years outside the profession working in industry and commerce on various financial and related non-executive tasks. He served as a partner of PWC for over 20 years where his roles included national staff partner, national head of small business practice and lead partner of transaction services in the Western Cape. Duncan had extensive financial and commercial experience. He was the chairman of Standard Bank Mauritius as well as an independent non- executive director and chairman of the audit committee at Lewis Group Limited. Duncan will be fondly remembered for his wonderful disposition and incredible compassion he exhibited to all. He had great integrity and a terrific passion for the work he undertook. We wish to convey our deep- felt condolences to Duncan’s wife Amanda and the rest of his family, friends, and associates at this challenging time. Bedfordview 23 August 2021 Sponsor: Investec Bank Limited Date: 23-08-2021 09:36:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.