As a result of Ms. Grathel Motau's recent appointment in an executive role at Thebe Investments Holdings with effect from 1 September 2020, Ms. Motau has tendered her resignation as an independent non-executive director of Metair Investments Limited, and consequently, her position as a member of the Company's audit and risk committee as well as the investment committee, with effect from 31 December 2020. Ms. Alupheli Sithebe and Mr. Peter Giliam have been appointed as independent non-executive directors of the Company, with effect from 1 January 2021 and 1 May 2021, respectively. Ms. Sithebe has also been appointed as a member of the audit and risk committee with effect from 1 January 2021. Ms. Sithebe is currently the founder and managing director of Kamva Investments and has experience in various non-executive directorship positions. Mr. Giliam is currently the managing director of Robertson and Caine Proprietary Limited and has a wealth of experience in the automative industry, gained through various senior roles, including, inter alia, project director at Jaguar Land Rover U.K, vice president at BMW Group and plant coordinator of Metalsa South Africa.