Balwin Properties Limited announced that the board of directors of the company ("the Board") wishes to advise shareholders that Mr. Oluwatomisun ("Tomi") Amosun ("Mr Amosun) has been appointed as the Chairman of the Audit and Risk Committee, with effect from 30 September 2022, pursuant to the retirement of Ms Kholeka Mzondeki at the company's annual general meeting held on 19 August 2022. Mr. Amosun has been a member of the Audit and Risk Committee since 2017 and has extensive finance and accounting skills and experience as a qualified Chartered Accountant. The Board trusts that Mr. Amosun will add great value in the role as Chairman of the Audit and Risk Committee and looks forward to his contribution in this regard.