Update on recommendation to re-appoint an independent non-executive director at the upcoming AGM
Board changeNot material
In brief
Independent verification of Yovav Carmi's qualifications has been received, fulfilling the condition set out in the AGM notice. Resolution 3.1 for his re-election as an independent non-executive director will proceed as planned.
The announcement
Update on recommendation to re-appoint an independent non-executive director at the upcoming AGM MAS P.L.C. Registered in Malta Registration number C 99355 JSE share code: MSP ISIN: VGG5884M1041 LEI code: 213800T1TZPGQ7HS4Q13 (“MAS”, the “Company”) UPDATE ON RECOMMENDATION TO RE-APPOINT AN INDEPENDENT NON-EXECUTIVE DIRECTOR AT THE UPCOMING AGM Shareholders are referred to the notice of annual general meeting (“Notice of AGM”) made available by the Company on 21 October 2026 and, in particular, the MAS board of director’s (“Board”) statement regarding the fit and proper assessment undertaken with respect to Yovav Carmi, who is standing for re-election as Independent Non-Executive Director of the Company. As stated in the Notice of AGM, the Board is satisfied that Yovav Carmi meets the applicable fit and proper requirements and is eligible and suitable to continue serving as a director of the Company, subject to the receipt of independent confirmation of his qualifications. The Board confirms that the relevant documentation has now been received. The condition referred to in the Notice of AGM regarding independent verification of the Director’s qualifications has therefore been fulfilled, and the Board remains satisfied that Yovav Carmi meets the applicable fit and proper requirements and is eligible and suitable to continue serving as a director of the Company. Accordingly, the Board maintains its previous recommendation that shareholders vote in favour of the re-election of Yovav Carmi at the upcoming AGM, and Resolution 3.1 will proceed as set out in the Notice of AGM. 5 November 2026 For further information please contact: PSG Capital, JSE Sponsor +27 (0)10 978 2434 The Nielsen Network +27 (0)82 597 0140 Date: 05/11/2026 09:00:00 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.