Sasfin Holdings Limited announced the following changes to the Board, with effect from 25 November 2021: In compliance with Directive 4 of 2018 issued by the Prudential Authority, Mr. Roy Andersen has retired as Chair and independent non-executive director and Mr. Grant Dunnington has retired as an independent non-executive director after having served on the Board for more than a decade. Mr. Deon de Kock has been appointed as Chair of the Board. Deon joined the Board as an independent non-executive director in August 2020 and given Deon's experience, including having previously served as Chair of another South African bank, the Board is comfortable that he can seamlessly move into the role of Chair. The Board wishes Deon all the best in his new role and looks forward to his contribution to the business. The Board announced that Mr. Tienie van der Mescht has been appointed as an independent non-executive director of the Company with immediate effect. Tienie holds a BSc and an MBA (University of Stellenbosch) and is an experienced non-executive director with extensive experience in the financial services industry. He has been an independent non-executive director of Sasfin Wealth (Pty) Ltd, a subsidiary of the Company, since 2017. Tienie has been appointed as a member of the Human Resources and Remuneration Committee and the Credit and Large Exposures Committee. Mr. Mark Thompson has stepped down as Chair of the Group Audit Committee but will remain a member of the committee. Mark has been appointed as Chair of the Credit and Large Exposures Committee and as a member of the Group Risk and Capital Management Committee. Mr. Tapiwa Njikizana, currently a member of the Group Audit Committee since 3 May 2021, has been appointed as Chair of the committee and as a member of the Information Technology Committee.