Steven Braudo Resigns from Boards of Liberty Holdings and Liberty Group Limited

Liberty Holdings Limited is a financial group organized around 4 areas of activity: - individual insurance (72.5% of net sales): life insurance, accident insurance, disability insurance, etc.; - group insurance (17.6%): life insurance, retirement and health insurances, etc. ; - asset management (3.1%): ZAR718 billion of managed assets in 2018. The group also develops a real estate asset management activity; - other (1.7%). The remaining sales (5.1%) concerns the insurance activities in Africa. South Africa accounts for 95.4% of net sales.