Change to the board of directors Libstar Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 2014/032444/06) (JSE share code: LBR) (ISIN: ZAE000250239) (“Company” or “Libstar”) CHANGE TO THE BOARD OF DIRECTORS – APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR Shareholders are referred to the SENS announcement in which the Company advised that Ms Phumzile Langeni has resigned as an independent non-executive director of Libstar, Chairman of the Audit and Risk Committee and Chairman of the Social and Ethics Committee, effective 31 December 2018. Ms Langeni’s resignation was necessitated by her recent appointment as the President’s Special Investment Envoy. Libstar thanks Ms Langeni for her valuable input and wishes her the best in her new role. The Company is pleased to announce the appointment of Ms Sibongile Masinga as an independent non-executive director of Libstar with effect from 14 December 2018. Sibongile will assume the roles of Chairman of the Audit and Risk Committee and Chairman of the Social and Ethics Committee. Ms Masinga is a co-founder and shareholder of the Afropulse Group, a woman-led investment, investor relations and corporate advisory group. She holds a Bachelor of Commerce Degree and has also completed the USA-SA Leadership and Entrepreneurship Programme at the Wharton School of Business. She will be contributing valuable industry-related experience as she currently serves as a non-executive director on the boards of the Bidvest Group Limited and Master Plastics Limited. The Company welcomes Ms Masinga and looks forward to her contribution whilst wishing her all the best in her new role. Johannesburg 18 December 2018 Sponsor: The Standard Bank of South Africa Limited Date: 18/12/2018 09:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
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