JSE Limited announced at annual general meeting held on May 3, 2022, the shareholders approved Ms. N Nyembezi retired as a director and Chairman of the Board, in accordance with the JSE's policy on non-executive director tenure, having served for the maximum twelve-year term. Mr. P Nhleko, who joined the Board as an independent non-executive director on 1 July 2021, assumed the Chairmanship of the Board as part of the Board's planned succession process. Ms. MS Cleary completed her term of service as a member of the Group Audit Committee and retired as a committee member.

She continues to serve on the Group Sustainability and Group SRO Oversight Committees of the Board. Dr. MA Matooane, independent non-executive director, stepped down as Chairman of the Group Risk Management Committee as part of a planned succession process, and will continue to serve as a member of both the Group Risk Management Committee and the Group Sustainability Committee. Mr. Ian Kirk, independent non-executive director, assumed the Chairmanship of the Group Risk Management Committee of the Board.