RAUBEX GROUP LIMITED - Changes to Board Committees

Changes to Board Committees

Raubex Group Limited
(Incorporated in the Republic of South Africa)
Registration number 2006/023666/06
Share Code: RBX
ISIN Code: ZAE000093183
("the Company")

CHANGES TO BOARD COMMITTEES

In accordance with paragraph 3.59(c) of the JSE Limited Listings Requirements and
in line with the Company's Board approved Succession Policy, the Board of Directors
of the Company wishes to advise shareholders of the restructuring of the following
Board Committees with immediate effect –

Audit Committee
- Mr Bryan Kent will step down as the Chairman of the Audit Committee but will
  remain a member of the Committee to achieve continuity and a smooth
  succession and transfer of historical knowledge to Ms Modi Hlobo, who will be
  taking over as Chairperson of the Committee.
- Ms Modi Hlobo is appointed as Chairperson of the Audit Committee.
- Following implementation of above, the Audit Committee members will be as
  follows –
  - Modi Hlobo (Chairperson)
  - Bryan Kent (Member)
  - Setshego Bogatsu (Member)
  - Nosisa Fubu (Member)

Risk Committee
- Mr Bryan Kent will step down as the Chairman of the Risk Committee but will
  remain a member of the Committee to achieve continuity and a smooth
  succession and transfer of historical knowledge to Ms Modi Hlobo, who will be
  taking over as Chairperson of the Committee.
- Ms Modi Hlobo is appointed as Chairperson of the Risk Committee.
- Mr Jaco Louw has resigned as a member of the Risk Committee.
- Mr Sam Odendaal has been appointed as a member of the Risk Committee.
- Following implementation of above, the Risk Committee members will be as
  follows –
  - Modi Hlobo (Chairperson)
  - Bryan Kent (Member)
  - Felicia Msiza (Member)
  - Nosisa Fubu (Member)
  - Sam Odendaal (Member)

Remuneration and Nomination Committee (Remco)
- Ms Setshego Bogatsu will step down as Chairperson of Remco but will remain a
  member of the Committee to achieve continuity and a smooth succession and
  transfer of historical knowledge to Ms Nosisa Fubu, who will be taking over as
  Chairperson of the Committee.
- Ms Nosisa Fubu is appointed as Chairperson of Remco.
- Following implementation of above, the Remco members will be as follows –
  - Nosisa Fubu (Chairperson)
  - Setshego Bogatsu (Member)
  - Bryan Kent (Member)
  - Rudolf Fourie (Member)


Centurion
26 February 2024

Sponsor
Investec Bank Limited

Date: 26-02-2024 01:32:00
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