The EOH Holdings Limited announced that shareholders are referred to the results announcement published on 18 October 2023 wherein the company advised, inter alia, that Stephen van Coller would retire as chief executive officer on 31 March 2024. The board of directors in consultation with the Remuneration and Nomination Committee, has resolved to appoint Andrew Mthembu (currently the independent non-executive chairman of the Board) as executive chairman with effect from 1 April 2024. The executive chairman will assume the role and responsibilities of interim CEO for a period of up to six months or until such time as a new CEO is appointed, following which Andrew Mthembu will return to his role as independent non-executive chairman of EOH.

In support of the appointment of Andrew Mthembu as executive chairman with responsibility for the CEO role for an interim period, the following considerations have been taken into account: Andrew Mthembu's Qualifications: Andrew Mthembu possesses the necessary skills and experience to assume the role of executive chairman, ensuring continuity and stability during this interim period. His familiarity with EOH's operations and stakeholders will be complemented by support from the chief executive officers of the Company's operational business units, namely Marius de la Rey (iOCO South Africa), Brian Harding (International) and Fatima Newman (EasyHQ).