The Exxaro board of directors notify shareholders that Mr. MDM (Mxolisi) Mgojo, chief executive officer (CEO), will retire as CEO when he reaches the retirement age of 63, on 31 May 2023. Dr N (Nombasa) Tsengwa, has been appointed as CEO-designate of Exxaro effective from 16 March 2021. Her appointment as CEO will become effective once the CEO retires on 31 May 2023.