Appointment of future audit firm
(Incorporated in the Republic of South Africa)
Registration number 1968/006415/06
Share code: REM
APPOINTMENT OF FUTURE AUDIT FIRM
Shareholders are advised that in accordance with the mandatory audit firm rotation rule issued
by the Independent Regulatory Board for Auditors ("IRBA"), Remgro’s Board has endorsed the
recommendation by its Audit and Risk Committee, following a comprehensive tender process, to
appoint Ernst & Young Inc. ("EY") as the external auditors of Remgro, with effect from the financial
year ending 30 June 2024.
Remgro intends to propose an indicative non-binding resolution at its 2021 Annual General
Meeting (AGM) for the appointment of EY, with effect from the 2024 financial year, although the
official appointment would be made at the Remgro 2023 AGM.
The incumbent external auditors, PricewaterhouseCoopers Inc. ("PWC"), will continue to act as
external auditors of Remgro for the financial years ending 30 June 2022 and 30 June 2023.
PWC’s appointment will be terminated upon the conclusion of the audit of the financial year ending
30 June 2023 in accordance with the mandatory audit firm rotation rule issued by the IRBA.
Remgro will release a further announcement on the Stock Exchange News Service of the JSE
once shareholder approval in respect of EY’s appointment has been obtained.
29 June 2021
Rand Merchant Bank (a division of FirstRand Bank Limited)
Date: 29-06-2021 03:55:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.