Transpaco : Appointment of director

Transpaco Limited

Incorporated in the Republic of South Africa (Registration number 1951/000799/06) Share Code: TPC ISIN number: ZAE000007480 ("Transpaco" or "the company")

APPOINTMENT OF DIRECTOR

With effect from 6 April 2022, Ms Yolande Mahlangu has been appointed as an independent non-executive director and as a member of the Audit and Risk Committee and Transformation, Social and Ethics Committee.

Ms Mahlangu is a Chartered Accountant (South Africa) with 23 years' experience primarily in private equity, advisory and financial management. She is a seasoned investment professional who has held executive positions at investment companies, including Kagiso Tiso Holdings and Yard Capital, where she was responsible for deal origination, transaction implementation, post investment management and represented those companies on the boards and committees of portfolio companies.

She has served on the boards of a number of companies during her career; most recently Kagiso Media, George Stott, chaired the board Kagiso Asset Management and served as a trustee of the South African Securities Market Investor Protection Fund.

Ms Mahlangu is expected to be classified as an independent non-executive director of Transpaco under the King Report IV on Corporate Governance for South Africa, 2016.

Johannesburg

6 April 2022

Sponsor

Investec Bank Limited