Master Drilling Group Limited announced that Gareth Robert Sheppard (Sheppard) has with effect from 24 March 2023 resigned as an executive director of the Company. His resignation is to enable him to devote a greater portion of his time and attention towards management of the Company's international subsidiaries where he has and will continue to have responsibility and which account for a significant portion of the group's activities. To this end Sheppard will continue to serve as a director of Master Drilling subsidiary Master Drilling International Limited.

In addition, and with effect from Sheppard's aforesaid resignation, he hasbeen appointed as an alternate director to Daniel Coenraad Pretorius on the board of the Company. Fred George Dixon, previously an alternate director to Sheppard, has been appointed as alternatedirector to Master Drilling executive director Barend Jacobus Jordaan on the board of the Company.