The shareholders of Kumba Iron Ore Limited announced that Mr. Duncan Wanblad will step down as a Non-Executive Director of the board of directors of Kumba (Board) and member of the Strategy and Investment Committee at the conclusion of the Company's forthcoming Annual General Meeting to be held on 30 May 2023. Mrs. Sarah Kuijlaars, Chief Financial Officer - De Beers Group, will join the Board as a Non-Executive Director effective 31 May 2023, representing the Anglo American Group. Sarah was previously CFO of Arcadis NV, a leading global design and engineering consultancy, with a listing on the Euronext Amsterdam Stock Exchange.

Prior to this, Sarah was Deputy CFO at Rolls Royce Holdings plc, and held a number of senior financial leadership roles during a 25-year career at Royal Dutch Shell plc. She has worked in several geographies including Nigeria, Russia, Brazil and the Middle East. Sarah is also a Non- Executive Director at Inchcape plc, a leading independent multi-brand global automotive distributor.

Sarah has a Mathematics degree from Oxford University, is a Fellow of the Chartered Institute of Management Accountants (FCMA) and an Associate member of Corporate Treasurers.