The Board of the Letshego Holdings Limited announced that Mr. Enos Banda has tendered his resignation as an independent non-executive director and Group Board Chairman of the Company with effect from the 22nd June 2022. The Board further announces that it has also received resignations from Group Board Directors, Dr. Gloria Somolekae and Hannington Karuhunga, both independent non-executive directors. Mr. Banda has been Group Board Chairman for the past 5 (five) years and has overseen the installation of sound governance and policies in the Company, the establishment of accountable committees to ensure the implementation of the policies in a fair manner, the digitalization of Letshego and, more importantly, the evolution of its management to reflect the diversity of Letshego's pan-African footprint.

Dr. Somolekae has been a Director since 2016 and chaired the Group Remuneration Committee of the Board whilst Mr. Karuhunga has been a Director since 2013 and chaired the Group Strategy & Investment Committee.