Enhanced Investments - Financial Portal

Director retiring by rotation

Published: 2023-04-26 17:00:42 ET

Mpact Limited
(Incorporated in the Republic of South Africa)
(Registration number 2004/025229/06)
JSE share code: MPT ISIN: ZAE000156501
(“Mpact” or “the Company”)


DIRECTOR RETIRING BY ROTATION

In terms of paragraph 3.59 of the JSE Limited Listings
Requirements the Board of Directors (“the Board”) informs
shareholders that Ms Neo Phakama Dongwana will not stand for re-
election and will be retiring by rotation at the Annual General
Meeting of the Company to be held on 1 June 2023, having served on
the Board since Mpact listed in 2011.

Ms Dongwana will simultaneously retire as a non-executive director
of Mpact Operations (Pty) Ltd and as the Chair of the Mpact
Foundation Trust. Accordingly, Ms Dongwana will cease to be a
member of the Audit and Risk Committee and the Social and Ethics
Committee of both the Company and of Mpact Operations (Pty) Ltd.

The Board would like to thank Ms Dongwana for her invaluable
contribution and wishes her well in her future endeavours.


Melrose Arch
26 April 2023

Sponsor
The Standard Bank of South Africa 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.