Sasfin Holdings Limited resignation of Mr. GP de Kock as Chair of the board of directors of Sasfin and independent non-executive director of Sasfin and Sasfin Bank Limited due to health reasons, shareholders are advised that Mr. Richard Buchholz's appointment as the new Chair of the Board of Directors of Sasfin has been approved by the regulator, with effect from 19 March 2024. Mr. Buchholz has been the lead independent director since 2019 and Sasfin has benefitted from his wise counsel, experience and contribution and is confident that he will ably lead the Board. Following the above, various Board committees have been reconstituted with effect from 19 March 2024: Mr. RWR Buchholz has resigned as a member of the Group Audit Committee, and member and Chair of the Group Risk and Capital Management Committee.

Mr. MR Thompson has been appointed as Chair of the Group Risk and Capital Management Committee. The vacancy on the Group Audit Committee will be filled by the Board within the required period, and subject to regulatory approval. Mr. TN Njikizana has been appointed as a member of the Human Capital and Remuneration Committee.

Ms EA Wilton has stepped down as Chair of the Social and Ethics Committee but will remain a member of the committee. Mr. MJ van der Mescht has been appointed as the new Chair of the Social and Ethics Committee.