Curro Holdings Limited announced that Mr. Douglas Ramaphosa has been appointed as the lead independent director of the Board, with effect from the conclusion of the AGM on 12 June 2024. Mr. Ramaphosa has served as an independent non-executive director of Curro since 2018. RETIREMENT AND APPOINTMENT OF DIRECTORS: In addition, Prof. Sibongile Winnie Frieda Muthwa, an independent non-executive director of the Company, who will retire by rotation at the AGM (in terms of the Company's memorandum of incorporation and the JSE Listings Requirements), has indicated that she will not be making herself available for re-election as a director of Curro and will be stepping down from the Board and relevant Board Committees, with effect from the conclusion of the AGM.

Prof. Muthwa has served as a director of Curro for 11 years. The Board announced the appointment of Ms. Busisiwe Mathe as an independent non- executive director of the Company, with effect from 22 April 2024, in accordance with the policy and recommendations of the Remuneration and Nomination Committee. Ms. Mathe is a member of, inter alia, the South African Institute of Chartered Accountants and the Independent Regulatory Board of Auditors and is the CEO of Orirori Consulting & Executive Accelerator Africa.

Ms. Mathe spent over 15 years at PricewaterhouseCoopers, where she served as Chairperson of their Governing Board in South Africa and as a member of their Africa Governance Board. Ms. Mathe is also an independent non-executive director of Famous Brands Limited and an independent member of the Audit Committee of Discovery Health Medical Scheme. CHANGES TO THE BOARD COMMITTEES: Considering the above changes, the Board has resolved that the relevant Board Committees be reconstituted as set below.

The reconstituted Board Committees will be effective from the conclusion of the AGM on 12 June 2024. Audit and Risk Committee: Ms. Cora Fernandez (committee chairperson) (Independent non-executive director); Mr. Douglas Ramaphosa (Lead Independent non-executive director); Ms. Busi Mathe (Independent non-executive director); Remuneration and Nomination Committee: Mr. Piet Mouton (committee chairperson) (Independent non-executive director); Mr. Themba Baloyi (Chair-elect and independent non-executive director); Ms. Lerato Molebatsi (Independent non-executive director); Social, Ethics and Transformation Committee: Ms. Lerato Molebatsi (committee chairperson) (Independent non-executive director); Mr. Douglas Ramaphosa (Lead independent non-executive director); Dr. Chris van der Merwe (Non-executive director); Mr. Cobus Loubser (CEO).