Hudaco Industries Limited announced Daisy Naidoo will retire from the board of directors following the annual general meeting to be held on 27 March 2024. Pursuant to the above, the following changes will be effective after the forthcoming annual general meeting to be held on 27 March 2024: - Mark Thompson will assume the role of lead independent non-executive director; Bukelwa Bulo, who was appointed to the board on 22 June 2023, will assume the roles of chairman of the audit and risk management committee, and member of the remuneration committee and the social and ethics committee; Nyami Mandindi will step down as a member of the remuneration committee and become a member of the nomination committee; and Ernie Smith will replace Louis Meiring as a member of the social and ethics committee.