The Board of Momentum Metropolitan Holdings Limited announced the appointment of Mr. Paballo Joel Makosholo as a non-executive director of the company, with effect from 1 July 2020. Mr. Makosholo is the Chief Executive Officer of Kagiso Tiso Holdings Proprietary Limited ("KTH"). He is a qualified Chartered Accountant (SA) and has an M.Com (in South African and International Taxation). Mr. Makosholo is a well-rounded professional with more than fifteen years' experience in auditing, investments and finance. He has served on the boards of FirstRand Ltd. and FirstRand Bank Ltd. Ms Kgaugelo Samantha Legoabe-Kgomari has tendered her resignation as a non-executive director of the Company and from the Committees in which she serves, with effect from 30 June 2020. This is following her departure from KTH. Ms Legoabe-Kgomari joined the Board in June 2019. The Board would like to thank Ms Legoabe-Kgomari for the contribution she has made and wish her success in her future undertakings. Dr Sharron Laverne McPherson is appointed as a member of the Risk, Capital and Compliance Committee with effect from 1 July 2020.