Appointment of Company Secretary

Adcorp Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1974/001804/06)
Share code: ADR & ISIN: ZAE000000139
(“the Company” or “Adcorp”)

APPOINTMENT OF COMPANY SECRETARY

Further to the SENS announcements dated 7 May 2019 and 25 June 2019, and in terms of paragraph 3.59 of the JSE Limited Listings Requirements, shareholders are advised that Ms Zernobia Lachporia has been appointed as a permanent company secretary with effect from 8 July 2019.

Zernobia Lachporia holds a ND in Company Administration and CIS qualification with the Chartered Secretaries of Southern Africa (“CSSA”).  She is a Fellow member of the CSSA and has extensive experience in company secretarial and corporate governance matters, including providing efficient and effective support to the boards of directors and board sub-committees. Zernobia was Assistant Group Secretary of Liberty Holdings for 12 years ensuring statutory compliance and good governance across all subsidiaries, in particular two major subsidiaries, STANLIB Limited and Liberty Two Degrees Limited. She was Assistant Company Secretary of Astral Foods Limited and Company Secretary of Brait South Africa Limited. Zernobia was past president of CSSA and served as a director on the CSSA Board for nine years.

The Board is satisfied that Ms Lachporia possesses the competence and experience to fulfil the role.  Ms Lachporia will take over from FluidRock Governance Group Proprietary Limited who has been Interim Company Secretary pending the appointment of a permanent Company Secretary.

The Board would like to thank the outgoing interim company secretary, FluidRock Governance Group Proprietary Limited.

Bryanston
8 July 2019

Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited