Telkom SA SOC Limited's Shareholders are advised that Mr. Sipho Maseko will step down as the Group Chief Executive Officer ("Group CEO") on 30 June 2022. Sipho joined Telkom on 1 April 2013 at a time when the organisation faced severe challenges. During his eight-year tenure, he turned the business around and evolved it from a traditional fixed business to a portfolio of businesses which comprises the Mobile, IT, Wholesale infrastructure business and the Masts and Tower portfolio.