City Lodge Hotels Limited announced that Mr. Stuart Morris has elected to retire from the board and as chairman of the audit committee and member of the remuneration and nominations and risk committees and not to make himself available for re-election at the forthcoming annual general meeting. His retirement will take effect on conclusion of the annual general meeting, scheduled for 23 November 2023. Stuart, who was appointed to the board on 1 March 2006, has been an integral member of the team and instrumental in leading the company through the challenges presented by the Covid-19 pandemic.

The board has elected not to fill the vacancy that has arisen following Mr. Morris' retirement. Ms. Mathukana Mokoka will assume the role of chairperson of the audit committee and has been appointed as a member of the risk committee effective 23 November 2023. Save for the aforegoing changes, the board and committees remain as currently constituted.