Enhanced Investments - Financial Portal

Change to the board

Published: 2022-09-09 11:00:44 ET

TONGAAT HULETT LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1892/000610/06
Share code: TON
ISIN: ZAE000096541
(“Tongaat Hulett” or “Company”)



CHANGE TO THE BOARD



In accordance with paragraph 3.59(b) of the JSE Limited Listings Requirements, the board of
directors of the Company (“the Board”) wishes to advise shareholders that Ms Linda de Beer,
an independent non-executive director of the Board, has advised the Board that she will not be
available for re-election at the next Annual General Meeting of the Company due to increasing
demands on time in her role as chair of the Public Oversight Board, based in Spain. With the
delay in the Annual General Meeting, Ms de Beer will resign at the end of her three-year term,
that being with effect from 30 September 2022. We thank Ms de Beer for the invaluable
guidance and support that she has given the Company in the past three years.

The Board has commenced a process of identifying a suitable replacement and shareholders
will be advised as soon as such appointment has been made.

Tongaat
9 September 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.