CHANGE TO THE BOARD: APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

ADCORP HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1974/001804/06
Share code: ADR
ISIN: ZAE000000139
(“Adcorp” or “the Company” or “the Group“)

CHANGE TO THE BOARD: APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

In accordance with paragraph 3.59(a) of the JSE Limited Listings Requirements, the board of directors of the Company (“Board”) wishes to advise that Mr Robert Radley has been appointed as an independent non-executive director and member of the Group Audit and Risk Committee, with immediate effect.

Robert is a seasoned executive and strategic advisor with over 30 years’ experience in professional services, including more than 20 years in Australia. He has been a director of Adcorp Holdings Australia Pty Ltd for the past 6 years and brings an understanding of the Group’s Australian business. Robert has strong expertise in strategy, transformation, performance improvement, and commercial transactions across sectors including workforce solutions, energy, infrastructure, and health.

His deep knowledge of the Australian market, coupled with his strategic and commercial insight, will support Adcorp in aligning and growing its operations across South Africa and Australia. Robert holds a BSc (Hons) in Electronics, an MSc (Engineering), an MBA (cum laude), and is a Graduate of the Australian Institute of Company Directors.

The Board welcomes Robert and looks forward to his valued contribution to the Group.

Johannesburg
2 June 2025
Sponsor
Valeo Capital