Enhanced Investments - Financial Portal

Changes to the board

Published: 2023-02-22 09:00:43 ET

Adcock Ingram Holdings Limited
(Registration number 2007/016236/06)
(Incorporated in the Republic of South Africa)
Share code: AIP
ISIN: ZAE000123436
(“Adcock Ingram” or the “Company”)


CHANGES TO THE BOARD

In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, the Board of directors of
Adcock Ingram (“the Board”) hereby announces the following changes:

•   Mr Kevin Wakeford has resigned as a non-executive director, with effect from 31 March 2023; and
•   Mr Mark Steyn, the Chief Financial Officer of The Bidvest Group Limited, is appointed as a non-
    executive director, with effect from 1 April 2023.

Shareholders are further advised that Ms Busisiwe Mabuza, is appointed as the Lead Independent Director,
with effect from 25 May 2023, replacing Professor Matt Haus, who will then be retiring as previously
advised.

The Board congratulates Mr Steyn and Ms Mabuza on their appointments and looks forward to their
valuable contributions to the Board. The Board expresses gratitude to Mr Wakeford for his invaluable
contribution during his tenure on the Board.

Midrand
22 February 2023


Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.