Enhanced Investments - Financial Portal

Notification Of Change In External Auditor

Published: 2022-05-11 17:35:29 ET

GRAND PARADE INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1997/003548/06)
Share code: GPL
ISIN: ZAE000119814
(“GPI” or “the Company”)


NOTIFICATION OF CHANGE IN EXTERNAL AUDITOR



Ernst & young (“EY”) has over recent years served as the Company’s external auditor. However,
following the disposal by GPI of its shareholding in Burger King South Africa and Grand Food
Meat Plant, the majority of GPI’s statement of comprehensive income will in future be opined on
by a different firm and not by EY. Accordingly, in terms of EY’s standard internal policies and
procedures, EY is no longer able to continue as auditors of the Company.

Accordingly, the Company’s audit and risk committee has recommended, and the board of
directors of the Company have resolved, to appoint Deloitte & Touche as the external auditor of
GPI, with Carmeni Naidoo Bester as the designated audit partner, with effect from 11 May 2022.


Cape Town
11 May 2022

Sponsor
PSG Capital

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.