Agriterra Limited announced that its CEO, Rui Sant'ana Afonso, has tendered his resignation as an employee and board director, effective 31 July 2022. Hamish Rudland, a current Non-Executive Director and controller of the Company's large shareholder, Magister Investments Limited, will assume the position of Interim CEO from 1 August 2022 until a suitable replacement full time CEO is identified. Hamish will have the ongoing support of a strong senior management team, including George Naude and Tafadzwa Shangwa, to assist in undertaking his duties.

The Board thanks Mr. Sant'ana Afonso for his contributions and wish him well in his new endeavours.