Tsogo Sun Holdings Limited announced the appointment of Mr. du Toit as executive director to the Board effective 1 June 2019 and as Chief Executive Officer of the Company effective from 1 July 2019, which appointment follows the retirement of Mr. Booysen effective 30 June 2019. Mr. du Toit will retire at the next Annual General Meeting of the Company and be eligible for re-election. Tsogo announces the resignation of Mr. JG Ngcobo as director from the Board effective 31 May 2019.

Mr. Ngcobo has served on the Board since 24 February 2011. The Board wishes to thank Mr. Ngcobo for his valued contribution over the past 8 years and wishes him well for the future. The Board has resolved to appoint Rachel Doreen Watson as independent non-executive director to the Board and as member of the Audit and Risk Committee, the Social & Ethics Committee and the Human Resources and Remuneration Committee effective 1 June 2019 and for the period to the next AGM, whereupon she will retire and be eligible for re-election.

Ms Watson currently holds a position as manager at a regional broadcaster. Prior to this appointment she was employed for 33 years within the clothing industry, serving as a trade union representative and national media officer. She is a director of Deneb Investments and eMedia Holdings.

She was appointed to the board of Hosken Consolidated Investments Limited as a non-executive director in March 2014. The Company welcomes Ms Watson and looks forward to her contribution.