Change to the Board of Directors
Board changeNot material
In brief
Independent non-executive director Mamokete Emily Ramathe has resigned with effect from 31 March 2027 due to increasing professional commitments. She will also step down from the audit, risk, and social, ethics and sustainability committees.
The announcement
Change to the Board of Directors Master Drilling Group Limited (Incorporated in the Republic of South Africa) (Registration number 2011/008265/06) JSE share code: MDI ISIN: ZAE000171948 (“Master Drilling” or the “Company”) CHANGE TO THE BOARD OF DIRECTORS In compliance with paragraph 6.71 of the JSE Listings Requirements, shareholders are advised that Ms Mamokete Emily Ramathe has tendered her resignation as an independent non-executive director of the Company with effect from 31 March 2027. Ms Ramathe’s decision to step down follows careful consideration of her increasing professional commitments associated with her fund management business, together with the acceptance of a new board appointment. In light of these responsibilities and the associated capacity demands, she has elected to resign from the Board to ensure that she can devote the necessary time and attention to her professional commitments. With effect from the same date, Ms Ramathe will also step down as Chairman of the Social, Ethics and Sustainability Committee and as a member of the Audit Committee and the Risk Committee. Ms Ramathe will continue to serve the Board and its committees until the effective date of her resignation. The Board, assisted by the Nominations Committee, will consider the composition of the Board and of the affected committees. Shareholders will be advised of any changes in this regard in due course, in accordance with the JSE Listings Requirements. Mr Hendrik Roux van der Merwe, Chairman of the Board, said: “On behalf of the Board, I thank Mamokete for her valued contribution to Master Drilling since her appointment in July 2021, and in particular for her leadership of the Social, Ethics and Sustainability Committee. We congratulate her on her new appointment and wish her every success.” Fochville 2 November 2026 Sponsor Investec Bank Limited Date: 02/11/2026 02:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.