The Board of Directors of Calgro M3 Holdings Limited announced shareholders that Mr. Willem Adolph (Waldi) Joubert, having served as the Financial Director of the Company since 1 June 2015, will relinquish his role as the Financial Director with effect from 28 February 2022 and assume the role of Managing Director of the Company's Memorial Parks business. Mr. Joubert will continue to be an executive member of the Board. In advance of Mr. Joubert's change in responsibilities, the Board announced that Ms. Sayuri Naicker, the current Group Financial Manager, has been identified as the incumbent candidate to replace Mr. Joubert as the Financial Director with effect from 1 March 2022. Ms. Naicker will also be appointed as an executive member of the Board with effect from 1 March 2022. Ms. Naicker started her career at PricewaterhouseCoopers in 2012, where she gained exposure to multi-national listed companies in the construction, mining and alternative energy sectors. Ms. Naicker has nine years' experience in external audit and was involved in the Calgro M3 audit for the past two years. She has a post graduate diploma in accounting and obtained her professional registration with SAICA in 2015 as a Chartered Accountant.