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Early Retirement of Chief Operating Officer and Appointment of New Chief Operating Officer
Raubex Group Limited
(Incorporated in the Republic of South Africa)
Registration number 2006/023666/06
Share Code: RBX
ISIN Code: ZAE000093183
("Raubex" or "the Company" or "the Group")
EARLY RETIREMENT OF CHIEF OPERATING OFFICER AND APPOINTMENT OF NEW CHIEF OPERATING OFFICER
In compliance with paragraph 6.71 of the JSE Listings Requirements, shareholders are
advised that Dirk Lourens will take early retirement and step down as Chief Operating Officer
and Executive Director of the Board of Raubex with effect from 31 August 2026.
The Board has appointed Jacob (Jaco) van der Bijl as Chief Operating Officer and Executive
Director of the Board of Raubex with effect from 1 September 2026.
The Board confirms that a fit and proper assessment, as contemplated in the JSE Listings
Requirements, was undertaken in respect of Jaco van der Bijl and that the Board is satisfied
with the outcome thereof. Additionally, the Board confirms that there are no positive
statements to report in respect of the integrity information contained in the director's
declaration.
Dirk Lourens – Retiring Chief Operating Officer
Dirk joined Raubex in July 2012 and played a pivotal role in establishing and developing
Raubex Infra (Pty) Ltd. His operational leadership, commercial acumen and deep
understanding of the construction and infrastructure sectors contributed meaningfully to
strengthening the Group's position in the South African infrastructure market. Dirk was
appointed Divisional Managing Director of the Infrastructure Division in May 2017 and
effective 1 August 2022, Dirk assumed the role of Chief Operating Officer.
Over more than fourteen years of service, Dirk made a significant contribution to Raubex,
progressing from divisional leadership to one of the Group's most senior executive roles. His
legacy includes the establishment and growth of key operational platforms, the mentoring of
future leaders, and the strengthening of operational governance and execution across the
Group.
The Board recognises and appreciates Dirk's dedication, professionalism and valuable
contribution to the success of the Raubex Group and extends its sincere gratitude for his
years of exceptional service.
Dirk will remain involved with Raubex as Executive Advisor: Operations for the period from 1
September 2026 to 31 May 2027. In this role, he will support the handover to the incoming
Chief Operating Officer and focus on urgent and impactful business priorities, including a
defined set of priority initiatives.
Dirk Lourens notes that: "Serving the Raubex Group has been one of the greatest privileges
of my professional career. I am deeply grateful to the Board for its trust and support, and to
my colleagues across the Group for their dedication, friendship and commitment over the
years. I leave with immense pride in what we have achieved together and with every
confidence in Raubex's future success."
Jaco van der Bijl – Incoming Chief Operating Officer
The Board is pleased to announce Jaco van der Bijl's appointment as Chief Operating Officer
and Executive Director of the Board of Raubex with effect from 1 September 2026.
Jaco began his career in 1990 as a student engineer at Murray & Roberts and has more than
36 years' experience in the construction sector. He joined the Raubex Group in 2013 and has
built a distinguished track record within the Roads and Earthworks Division, including as
Managing Director of Roadmac Surfacing. His operational experience, technical expertise and
commercial leadership have established him as a respected leader within the Group's road
construction and surfacing operations.
Effective 1 June 2022, Jaco was appointed Divisional Managing Director of the Roads &
Earthworks Division, assuming responsibility for one of Raubex's largest and most
strategically important operating divisions. Since his appointment, he has played a significant
role in strengthening the division's operational performance, market position and long-term
sustainability.
Under Jaco's leadership, the Roads & Earthworks Division has continued to strengthen its
reputation as a leading provider of road construction, rehabilitation, surfacing and related
infrastructure services, with a clear focus on operational excellence, disciplined project
execution, safety, innovation and client service delivery.
He has also contributed to building a strong management team within the division, fostering
accountability, continuous improvement and succession development. His appointment as
Chief Operating Officer reflects the Board's confidence in his leadership capabilities and his
contribution to the Group's ongoing success.
Jaco holds a National Higher Diploma in Civil Engineering and is a Professional Construction
Manager (Pr.CM) and Professional Construction Project Manager (Pr.CPM) registered with the
South African Council for the Project and Construction Management Professions (SACPMP).
Rudolf Fourie, Chairman of Raubex notes that: "The Board extends its sincere appreciation to
Dirk Lourens for his dedicated service and significant contribution to the growth and success
of the Raubex Group over the past fourteen years, including his tenure as Chief Operating
Officer. We also congratulate Jaco van der Bijl on his appointment as Chief Operating Officer
and look forward to his continued leadership and contribution to the Group's future growth
and success."
Centurion
31 July 2026
Sponsor
Investec Bank Limited
Date: 31-07-2026 09:00:00
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