YORK TIMBER HOLDINGS LIMITED - Resignation of chief executive officer

Resignation of chief executive officer

York Timber Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1916/004890/06)
Share code: YRK
ISIN: ZAE000133450
("York" or the "Company")

RESIGNATION OF CHIEF EXECUTIVE OFFICER

In compliance with paragraph 6.71 of the JSE Listings Requirements, the board of directors of the
Company ("Board") hereby advises York shareholders ("Shareholders") that Mr Gabriël Stoltz has
resigned as chief executive officer ("CEO") and executive director of the Company, with effect from
31 March 2026.

Mr Stoltz was initially appointed as chief financial officer ("CFO") and executive director of the Company
in 2017, subsequently served in a dual and secondary role as interim CEO from July 2021, and was
appointed as permanent CEO in July 2022. During his tenure, he has served the Company with
distinction, first in his capacity as CFO and most recently as CEO.

The Board extends its sincere appreciation to Mr Stoltz for his leadership, unwavering commitment and
significant contribution to York during his tenure as both CFO and CEO. Under his stewardship, the
Group has navigated a complex operating environment while strengthening its strategic positioning for
the future. Mr Stoltz has played a pivotal role in advancing the business, and the Board acknowledges
the lasting impact of his leadership on the organisation and its stakeholders. The Board further
welcomes Mr Stoltz's agreement to remain available to the Group, on an as needed basis, during the
transition period, thereby ensuring continuity and providing such support as may be necessary.

The Board would like to assure all stakeholders that the York leadership team is stable, experienced,
and skilled. The Company has commenced the process of identifying and appointing a suitable
replacement and Shareholders will be advised of the appointment of a new CEO in due course.


Sabie, Mpumalanga
20 March 2026

Sponsor
One Capital

Date: 20-03-2026 05:00:00
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