Exxaro Resources Limited announced that the board of directors ("Board") has approved the early exit of Mr. MDM Mgojo with effect from 31 July 2022. Shareholders are also advised of the executive appointment of Mr. Kgabi Masia in the position of managing director: minerals, formerly held by Dr. N Tsengwa. Mr. Masia has exposure to Manganese, Coal and Aluminum Operations in his career.

He has also worked across multiple functions such as operations, commercial, supply, logistics at a General Manager level and brings deep insight of the sector. Mr. Masia's most recent role was President, South Africa Energy Coal for South 32 and he has worked for one company his entire career (South 32/BHP).