Hulamin Limited announced that Richard Jacob will retire on 30 September 2022. Richard joined Hulamin 32 years ago and has fulfilled the role of CEO for the last 12 years. Shareholders are further advised that Mr. Geoff Watson, an independent, non-executive Board member, will be appointed as the interim CEO with effect from 1 October 2022.

The Nomination Committee will commence a process to appoint a permanent CEO. Geoff has broad global industrial experience spanning across China, Asia, Russia, the USA, Africa and Australia with core expertise in the aluminium processing industry. Geoff has held executive positions with Alcoa Kaal Australia, Alcoa Bohai (China), Steelforce (Australia), Seema International (Hong Kong) and UC Rusal (Switzerland).

The Board has confidence that Geoff is well placed to manage Hulamin until a permanent CEO is appointed. Whilst Geoff's appointment is only formally effective from 1 October 2022, Richard and Geoff have commenced a handover process in the interim. The composition of the aforementioned committees following the changes will be as follows: Remuneration and Nomination Committee: Mr. C Boles (Chairperson); Mr. TP Leeuw; Mr. N Maharajh.

Risk Committee: Dr B Mehlomakulu (Chairperson); Mr. GHM Watson; Mr. M Gounder; Mr. RL Larson; Mr. TP Leeuw; Mr. N Maharajh.