Tiger Brands Limited announced that Ms Cora Fernandez will step down as independent non-executive director of the Company with effect from 10 October 2023, having served on the Board since 1 March 2019. She will accordingly also step down as Chairman of the Audit Committee and member of the Risk & Sustainability and Investment Committees. Mr. Donald Wilson will assume the role of Chairman of the Audit Committee with effect from 10 October 2023.

The board appointed DG Wilson (Chairman) as Audit Committee and member of Risk and Sustainability Committee; TE Mashilwane as member of Audit Committee; LA Swartz (Chairman) as Remuneration Committee; S Sithole (Chairman) as Investment Committee. The Board has resolved to reconstitute its committees with effect from 10 October 2023, as follows: Audit Committee: DG Wilson (Chairman); FNJ Braeken; TE Mashilwane; M Sello. Risk and Sustainability Committee: M Sello (Chairman); M Ajukwu; FNJ Braeken; GJ Fraser-Moleketi; GA Klintworth; OM Weber; DG Wilson.

Social, Ethics and Transformation Committee: TE Mashilwane (Chairman); MO Ajukwu; GA Klintworth; M Sello; NP Doyle. Remuneration Committee: LA Swartz (Chairman); GJ Fraser-Moleketi; TE Mashilwane; S Sithole; OM Weber; DG Wilson. Nomination and Governance Committee: GJ Fraser-Moleketi (Chairman); TE Mashilwane, S Sithole; LA Swartz; OM Weber.

Investment Committee: S Sithole (Chairman); FNJ Braeken; GJ Fraser-Moleketi; TE Mashilwane; OM Weber; DG Wilson.