Netcare Limited announced that Dr. Richard Friedland, the Chief Executive Officer ("CEO") of Netcare, has informed the Netcare Board of Directors ("Board") of his intention to take early retirement. He will step down from his current role as an Executive Director of the Board, with effect from 30 September 2024. During his tenure, Dr. Friedland has grown Netcare into the larger hospital group in South Africa, building five new hospitals, expanding the service offering across ten unique platforms, and founding several key and unique business units, among them Netcare 911, Netcare Diagnostics and NetcarePlus.

He initiated and implemented the Group's strategy of person centred health and care that is digitally enabled and data driven.