HUGE GROUP LIMITED
(Registration number 2006/023587/06)
Share code: HUG ISIN: ZAE000102042
(“Huge” or “the Company”)



CHANGES TO THE BOARD

In compliance with paragraph 3.59 of the JSE Listings Requirements, the board of directors (the
Board) of the Company is pleased to notify shareholders of the composition of the Board and its
Committees:

Name                     Previous Roles                  Current Roles
Verakasrie (Veran)       Independent Non-Executive       No change
Kathan                   Chairman, Investment
                         Committee Member,
                         Nomination Committee
                         Chairman, Remuneration
                         Committee Chairman, Audit
                         Committee Member, Risk
                         Committee Member, Social
                         and Ethics Committee
                         Member
Dennis Gammie            Independent Non-Executive       No change
                         Director, Audit Committee
                         Chairman, Investment
                         Committee Member,
                         Nomination Committee
                         Member, Remuneration
                         Committee Member, Risk
                         Committee Chairman
Vincent (Vince)          Non-Executive Director,         No change
Mokholo                  Investment Committee
                         Member, Remuneration
                         Committee Member, Risk
                         Committee Member, Social
                         and Ethics Committee
                         Chairman
Conway Williams          Independent Non-Executive       No change
                         Director, Investment
                         Committee Member, Audit
                         Committee Member, Risk
                         Committee Member
Michael (Mike)           Non-Executive Director,         No change
Beamish                  Investment Committee
                         Chairman, Nomination
                         Committee Member, Risk
                         Committee Member
 James Herbst                  Chief Executive Officer, Risk    No change
                               Committee Member
 Izak (Zak) van de             Chief Commercial Officer, Risk   Chief Operating Officer, Risk
 Merwe                         Committee Member, Social         Committee Member, Social
                               and Ethics Committee             and Ethics Committee
                               Member                           Member
 Andrew (Andy)                 Chief Operating Officer, Risk    Investment Committee
 Openshaw*                     Committee Member                 Member
 Maria Heraty                                                   Chief Financial Officer, Risk
                                                                Committee Member
 Mary-Ann Boakye                                                Independent Non-Executive
                                                                Director, Audit Committee
                                                                Member, Risk Committee
                                                                Member
* Resigned as a director with effect from 1 June 2023.

Maria Heraty and Mary-Ann Boakye have been appointed to the Board with effect from 1 June
2023. The Directors welcome Maria and Mary-Ann to the Board.

Profile of Maria Heraty

Maria is a registered Chartered Accountant with the South African Institute of Chartered
Accountants. She is entrepreneurially minded, with a demonstrable track record of success in
building, growing, and improving the profitability, performance, and value of companies within
the Financial Services and Telecommunications sectors. She has held senior positions in a number
of JSE-listed entities (most recently as the Head of Finance for Fidelity SecureDrive), has
participated in start-up ventures, and has amassed a wealth of experience in leading, influencing,
and driving the strategic, operational, reporting, and governance aspects of multi-dimensional
financial teams in large organisations. In addition to her financial and commercial expertise, Maria
also has experience and insight into the technical aspects of financial and transactional
information technology systems, project and programme management, stakeholder
management, governance and controls, risk management, and business transformation.

Profile of Mary-Ann Boakye

Mary-Ann Boakye is a registered Chartered Accountant with the South African Institute of
Chartered Accountants and holds a Bachelor of Business Science degree in Finance and
Accounting, as well as a Postgraduate Diploma in Accounting from the University of Cape Town
(UCT). She also holds a Masters in Development Finance from the UCT Graduate School of Business,
graduating summa cum laude as the top student.

Mary-Ann has extensive experience in higher education, training program development and
accreditation. Between 2013 and 2020, Mary-Ann served as a senior lecturer and Deputy Head of
Department at the Walter Sisulu University Department of Accounting.

Since 2021, Mary-Ann has worked as a Chief Operating Officer in a mortgage finance institution.
As COO, she has contributed towards the streamlining of processes and systems, credit, risk,
compliance and people management, stakeholder engagement, and fundraising activities.

Mary-Ann also works as an independent consultant to SMME's.
Johannesburg
31 May 2023

Sponsor




Questco Corporate Advisory (Pty) Ltd