Enhanced Investments - Financial Portal

Changes to board committees

Published: 2023-02-23 09:00:34 ET

AFRIMAT LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2006/022534/06)
Share code: AFT
ISIN: ZAE000086302
(“Afrimat” or “the Company”)



CHANGES TO BOARD COMMITTEES


In accordance with paragraph 3.59(c) of the JSE Limited Listings Requirements, the board
of directors of the Company (“Board”) wishes to advise Afrimat shareholders of the following
changes to the Afrimat board committees, which changes have been approved by the Board
and are effective immediately:

Audit and Risk Committee
Mr NAS Kruger has been appointed as a member of the Audit and Risk Committee of the
Company.

Investment Review Committee
Mr NAS Kruger has been appointed as a member of the Investment Review Committee of
the Company.

Remuneration and Nominations Committee
Ms S Tuku has been appointed as a member of the Remuneration and Nominations
Committee of the Company.

The Board congratulates these directors on their appointments and looks forward to their
continued contribution to the Company.

Cape Town
23 February 2023

Sponsor
Valeo Capital (Pty) Ltd

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

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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.