Change in External Auditor
Change in External Auditor 'Spur Corporation Limited (Incorporated in the Republic of South Africa) (Registration number 1998/000828/06) Share code: SUR ISIN: ZAE 000022653 (“Spur Corporation” or “the group” or “the company”) NOTIFICATION OF CHANGE IN EXTERNAL AUDITORS FOR THE YEAR ENDING 30 JUNE 2022 Shareholders of Spur Corporation (“Shareholders”) are advised that in anticipation of the mandatory audit firm rotation requirements of the Independent Regulatory Board for Auditors, the company has concluded a Request for Proposal Process to appoint a new external audit firm for its 2022 financial year. Pursuant to paragraph 3.75 of the JSE Listings Requirements the Audit Committee has recommended, and the board of directors of the company has endorsed, the proposed appointment of PricewaterhouseCoopers Incorporated (“PWC”) as the external auditors of Spur Corporation, with Mr. Anton Hugo as the designated individual audit partner, effective for the financial year ending 30 June 2022. Following 22 years as auditors to the company, KPMG Inc’s (“KPMG”) tenure as external auditors will end upon the conclusion of its responsibilities relating to the audit of the group for the financial year ended 30 June 2021, which is expected to be concluded at or about the end of September 2021. PWC’s appointment as external auditors will become effective as soon as KPMG’s appointment concludes, subject to Shareholder approval at the next Annual General Meeting (“AGM”) of the company. An ordinary resolution proposing the appointment of PWC as external auditor of the company will be included in the notice of AGM. Spur Corporation would like to thank KPMG for their valuable contribution to the group over the years and looks forward to working with PWC. Cape Town 30 July 2021 Sponsor Sasfin Capital A member of the Sasfin Group 1 Date: 30-07-2021 10:10:00 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.