Enhanced Investments - Financial Portal

Changes to the board

Published: 2024-01-09 17:00:37 ET

HUDACO INDUSTRIES LIMITED
(“Hudaco” or the “Company”)
Incorporated in the Republic of South Africa
Registration number 1985/004617/06
Share code: HDC & ISIN: ZAE000003273

CHANGES TO THE BOARD

Shareholders are advised, in accordance with paragraph 3.59 of the JSE Limited Listings
Requirements, that:

   •   Louis Meiring has tendered his resignation as executive director of the Company to
       enable him to devote his time to building his personal business interests. The date of his
       departure, which will be set to ensure a smooth transition of responsibilities, will be no
       later than 31 March 2024. The Board thanks Mr Meiring for his valuable contribution
       over the five years he has been with the Hudaco group and wishes him every success in
       his future endeavours.

   •   With effect from 1 February 2024, Ernie Smith, who has served as alternate director to
       Louis Meiring for the past year, has been appointed to the Board as a director in his own
       right. The Board congratulates Ernie on this appointment and looks forward to his
       contribution in the years ahead.

EDENVALE
9 January 2024
Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank 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.