York Timber Holdings Limited announced the appointment of Mr. Gerald Stoltz, the Company's chief financial officer (CFO), to act in a dual and secondary role as the interim chief executive officer (CEO) of York. In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, Shareholders are hereby advised that Mr. Stoltz has been appointed as the permanent CEO of the Company, with effect from today, July 01, 2022. Shareholders are further advised that Mr. Stoltz will act in a dual and secondary role as the interim CFO of York, until such time that a new CFO is appointed by the board of directors of York.

York has commenced with the process of identifying and appointing a new CFO and Shareholders will be advised of the appointment of a new CFO in due course.