Esor Limited Announces Resignation of Bernard Krone as a Non-Executive Director and Chairman of the Company

Esor Limited is a construction and development company, which is focused on infrastructure development projects in southern Africa. The Company operates through Esor Construction and Esor Developments segments. The Esor Construction segment is engaged in the construction of roads, township infrastructures, water and sewerage reticulation and concrete projects, as well as the construction and rehabilitation of onshore pipelines. The Esor Developments segment is engaged in the development of low-income housing projects in both bonded and social rental, gap, Finance Linked Individual Subsidy Program (FLISP) and Reconstruction and Development Program (RDP)/BNG markets. This segment is located in South Africa. Its projects include Western and Northern Aqueducts, Kusile terrace underground facilities and general services piping, Vuwani pipeline, ACSA Duty free mall upgrade and O6 Pipejacks, among others. The Company operates in South Africa, Botswana, Swaziland and Zimbabwe.