Enhanced Investments - Financial Portal

Change to board of directors and to Board Committees

Published: 2023-11-24 08:30:29 ET

                                   Primeserv Group Limited
                        (Incorporated in the Republic of South Africa)
                            (Registration number 1997/013448/06)
                               ("Primeserv” or “the company”)
                           Share code: PMV ISIN: ZAE000039277

            CHANGE TO BOARD OF DIRECTORS AND TO BOARD COMMITTEES


Shareholders are advised that Ms. Brindha Kali has resigned from the board of Primeserv
Group Limited with immediate effect, albeit that she will retain a number of directorships in
some of the group’s subsidiary companies.

The board of directors would like to thank Brindha for her valued contribution and
commitment to the board over the past years.

Mr. LM Maisela who is currently a member of the Social, Ethics and Transformation
Committee will assume the role of Chairperson of the committee. Ms. KM Matjila has been
appointed as a member of both the Social, Ethics and Transformation Committee and the
Remuneration and Nominations Committee. These appointments are effective immediately.

Further announcements relating to Board and committee composition will follow in due
course.

24 November 2023
Illovo, Sandton

Sponsor
Grindrod Bank Limited

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

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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.

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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.