Pembury Lifestyle Group Limited announced that the following directors have resigned as directors of the Company with effect from 25 August 2021: Mr. Bhekokuhle Sibiya, as a non-executive director; Mr. Sheldon Nielson, as an executive director, although he will remain employed by Pembury; Ms. Mumsy Mthembu, as an independent non-executive director; and Mr. Gugu Nxiweni, as an independent non-executive director and Chairperson of the Audit and Risk Committee. Ms. Michelle Krastanov, an independent non-executive director and the chairperson of the Board, will facilitate a meeting of the newly restructured Board, which is expected to take place within the next 10 days, following which she will resign from the Board. The date of her resignation will be announced in due course. The following directors have been nominated by Verityhurst and appointed as independent non-executive directors of the Company with effect from 25 August 2021: Professor Mazwe Majola (Prof Majola): Prof Majola is the associate professor of Leadership and Management at South Valley University. Ms. Precious Gondwe (Precious): Precious is a Pan-African corporate lawyer and Founding Partner of Precious & Partners, based in the Republic of Botswana (Botswana). Mr. Boy Ngubo (Manqoba): Mr. Ngubo is currently the Acting Chief Executive Officer of the Joburg Market SOC Limited.