PSG Financial Services Limited advised shareholders that a new role focusing on transformation within the Company has been created. It is with great pleasure to announce that Janine Johannes has been appointed as the new Head of Transformation. Janine has been passionate about spearheading transformation at PSG Financial Services and has extensive knowledge in this area as the previous head of human resources for the past eight years as well as being the co-chair of the Transformation Forum.

Janine will continue to be a member of the Executive Committee and joins the Board as an Executive Director and a member of the Social and Ethics Committee. The Board extends a warm welcome to Janine and looks forward to her contribution in her new role at PSG Financial Services. The abovementioned appointment was made in accordance with the Company's policy for the selection and appointment of directors to the Board.

Milandi Hugo, who has been the head of engineering team for the past 6 years will succeed Janine Johannes as head of human resources with effect from 1 January 2024.