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RAUBEX GROUP LIMITED – Change in function of a director – appointment of governance risk and compliance executive

SENS announcement for JSE listed company: RBX
                        

RBX 201701230020A
Change in function of a director – appointment of governance, risk and compliance executive

Raubex Group Limited
(Incorporated in the Republic of South Africa)
Registration number 2006/023666/06
Share Code: RBX
ISIN Code: ZAE000093183
(“Raubex” or “the Company”)

CHANGE IN FUNCTION OF A DIRECTOR – APPOINTMENT OF GOVERNANCE, RISK
AND COMPLIANCE EXECUTIVE

In compliance with paragraph 3.59 of the JSE Listing Requirements, shareholders are advised
of the following change to the function of a director.

The Company is pleased to announce that Mrs Ntombi Felicia Msiza, who joined Raubex as an
Independent Non-executive Director in February 2011, has been appointed as an Executive
Director responsible for Governance, Risk and Compliance effective from 1 March 2017.

Felicia is qualified with a Bachelor of Commerce degree, a Higher Diploma in Taxation and a
Masters in Business Administration with distinction for her thesis on Corporate Governance
and Business Ethics. She also has extensive work experience in the field of governance,
including internal audit, external audit and risk management.

Felicia will join Raubex from Denel SOC where she currently serves as Group Chief Audit
Executive. She previously served as Director of Risk and Assurance at City Power SOC, Head
of Internal Audit at the Independent Development Trust (IDT) and as a Partner and Director
at SizweNtsaluba VSP. Felicia also held a directorship position within the Institute of Internal
Auditors of South Africa (IIASA) where she served on the Audit Committee and Public Sector
Committee in addition to various roles in both the public and private sector.

Following the change in function of Mrs Msiza, the board will comprise of three executive
directors and four non-executive directors, two of whom are independent. The company will
seek to appoint an additional independent non-executive director in due course.

Koos Raubenheimer, Chairman of Raubex Group said, “We are very pleased to have Felicia
on board in an executive position which not only demonstrates our commitment to
transformation and gender diversity, but will further strengthen our corporate governance
and compliance structures within the group”

Johannesburg
23 January 2017
Sponsor
Investec Bank Limited

Date: 23/01/2017 11:26:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (‘JSE’).
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