Merafe Resources Limited announced that Mr. Abiel Mngomezulu will retire as an independent non-executive director of the Company and chairman of the Merafe board of directors (Board), (Chairman) at the Company's annual general meeting, which is expected to be held on or about 15 May 2024. Shareholders are further advised that Mr. Ditshebo Stephen Phiri, an independent non-executive director of the Company, will be appointed as Chairman, chair of the Nomination Committee and as a member of the Remuneration Committee and Social, Ethics and Transformation Committee with effect from the conclusion of the 2024 AGM.