Appointment of Directors
Appointment of Directors Combined Motor Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1965/000270/06) Share code: CMH ISIN: ZAE000088050 (“CMH” or “the Company”) APPOINTMENT OF DIRECTORS In terms of a shareholders’ agreement between CMH and its empowerment partner Thebe Investment Corporation (Pty) Ltd (“Thebe”), Thebe has the right to nominate two non-executive directors to the board of CMH. The current Thebe-nominated directors on the Board of CMH are MR Nkadimeng and JA Mabena. With effect from 1 July 2021, Thebe wishes to withdraw its nomination of MR Nkadimeng and JA Mabena and replace them with RT Komane and AY Metu. The appointments of RT Komane and AY Metu as the new Thebe-nominated independent, non- executive directors have been approved by the Board of CMH with effect from 1 July 2021 and will be placed before shareholders for approval at CMH’s next annual general meeting, scheduled for June 2022. The Board has resolved to retain MR Nkadimeng and JA Mabena as independent non-executive directors in their personal capacity, as it values the contributions they make to Board deliberations. The above changes will not result in any immediate changes to the sub-committees of the Board. Durban 17 June 2021 Sponsor PricewaterhouseCoopers Corporate Finance (Pty) Ltd Date: 17-06-2021 05:20:00 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.