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AECI Group CEO Mark Anthony Dytor retires

Published: 2022-07-27 05:30:00 ET
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AECI Limited (JSE:AFE) News - AECI Group CEO Mark Anthony Dytor retires

AECI LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 1924/002590/06)
Share code: AFE ISIN: ZAE000000220
Hybrid code: AFEP ISIN: ZAE000000238
Bond company code: AECI
LEI: 3789008641F1D3D90E85
(AECI or the Company or the Group)

AECI Group CEO Mark Anthony Dytor retires

In compliance with paragraphs 3.59 of the JSE Limited (JSE) Listings Requirements and 6.39 of the JSE
Debt Listings Requirements, Shareholders and Noteholders are advised that Mark Dytor will formally
retire as Chief Executive Officer (CEO) and Executive Director of the AECI Group effective 31 July 2023,
after 39 years of service.

Mark has been Group CEO since 2013, having previously served in various senior roles across the
organisation.

Dr Khotso Mokhele, AECI Chairman notes: “The Board joins me in thanking Mark for his long tenure and
diligent service to the Group. Mark’s quality leadership is evident in the expansive international story
that is the AECI Group. We appreciate the tremendous contribution he has made in building a strong
and resilient business.”

Mark Dytor notes that: “I have had a fantastic career in AECI which offered immense growth and
personal upliftment opportunities. I express my sincere gratitude to the very special people who have
supported me every step of the way. I am personally, very proud of the “One AECI” and especially for
“One AECI for a better world”. This involved bringing the international business under one brand and
one identity and more importantly a single set of values and culture. Although I will sorely miss the AECI
Group, I am looking forward to the beginning of a new chapter in my life and I will always be a champion
supporter of the strong AECI international growth story.”

The Board has initiated a comprehensive internal and external search process to identify a permanent
CEO. The process will be led by the Chairman of the Board supported by the Chairman of the
Remuneration and Human Capital Committee.

27 July 2022

Sponsor and Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 27-07-2022 07:30:00
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