Appointments to the Northam board of directors

In compliance with paragraph 3.59(a) of the JSE Limited (“JSE”) Listings Requirements, Northam shareholders are advised that Mr T.I. (Temba) Mvusi and Ms H.H. (Hester) Hickey have been appointed as independent non-executive directors to the board of Northam (“Board”) and as members of the audit and risk committee, with effect from 1 January 2016.

Mr Mvusi currently serves as Chief Executive: Group Market Development and as an executive director of Sanlam Limited (“Sanlam”), the latter a position he has held since 2009. Mr Mvusi serves on the social, ethics and sustainability committee of Sanlam and Sanlam Life Insurance Limited, as well as holding a number of Sanlam group directorships, including Sanlam Investment Management. Mr Mvusi’s qualifications include a BA (UNISA), ELP (Wharton School of Business), MAP (Wits) and PDP (UCT).

Ms Hickey is a Chartered Accountant (SA) and is a past chair of the South African Institute of Chartered Accountants. Ms Hickey serves as a board member and a member of the audit and risk committees of various companies listed on the JSE, including across the resources sector.

The Board is pleased to welcome Mr Mvusi and Ms Hickey and looks forward to their future contribution to the company.

Johannesburg
11 December 2015

Sponsor and Debt Sponsor
One Capital