African Equity Empowerment Investments Limited announced that Mr. Jowayne van Wyk ("Mr van Wyk") has, due to personal reasons, resigned as the executive director of the Company with effect from 31 May 2023. The Company will commence the process to appoint a suitable replacement and shareholders will be advised once such an appointment has been made. The Board would like to thank Mr. van Wyk for his valuable contribution to the Company and extends its best wishes for his future endeavours.