Insimbi Industrial Holdings Limited announced Mr. Christiaan Coombs has agreed to step down as an executive director of the Company, with effect from 6 February 2023. He will however remain the chief executive officer of the Amalgamated Metals Recycling (AMR) group and continue to focus on growing the AMR business within the larger Insimbi Group. As of 6 February 2023, the Board accordingly comprises of the following directors: Mr. Frederick Botha: Executive director and chief executive officer; Ms Nadia Winde: Executive director and chief financial officer; Mr. Robert Ian Dickerson: Independent non-executive director and chairperson of the Board; Mr. Nelson Mwale: Non-executive director; and Ms Cleopatra Salaphi Ntshingila: Independent non-executive director.

Mr. Mwale, a non-executive director of the Company, has been appointed as a member of the Audit and Risk Committee, with effect from 6 February 2023. Following his appointment, the Audit and Risk Committee will comprise of the following members: Ms Ntshingila (chairperson); Mr. Mwale (member); and Mr. Dickerson (member). Mr. Dickerson, an independent non-executive director of the Company, has been appointed as a member of the Social and Ethics Committee, with effect from 6 February 2023.

Ms Ntshingila, an independent non-executive director of the Company and an existing member of the Social and Ethics Committee, has been appointed as the chairperson of the Social and Ethics Committee, with effect from 6 February 2023. Following the appointments set out above, the Social and Ethics Committee will comprise of the following members: Ms Ntshingila (chairperson); Ms Winde (member); and Mr. Dickerson (member).