Stefanutti Stocks Holdings Limited announced that Mr. Schalk Ackerman, has stepped down as an executive director of the board of the company with effect from November 19, 2013. Schalk remains a member of the executive committee and MD of the Structures Business Unit. The company
announced that Mr. Kevin Eborall has been appointed as chairman of the Remuneration and Nominations Committee and that Mr. Vuli Cuba has been appointed as Lead Independent Director. The board welcomes Kevin and Vuli, both independent non-executive directors, in their respective roles.