Bushveld Minerals Limited announces that Ms Jacqueline Musiitwa will stand down from the Company's Board effective immediately, having accepted a role with the U.S. Agency for International Development("USAID"). As part of her responsibility in taking up this public sector appointment, Ms Musiitwa is required to stand down from all her private sector roles, including as an Independent Non-Executive Director of Bushveld. Ms Musiitwa served as Chair of Bushveld Minerals' ESG Committee and as a member of the Remuneration Committee.

David Noko has been appointed as Chair of the ESG Committee, no changes have been made to the Remuneration Committee. The Company will commence the search for a replacement Independent Non-Executive Director in due course.