The board of directors of Labat Africa advised shareholders that Mr. Stanton van Rooyen (Stanton) has been appointed as an Executive director of the Company with immediate
effect. Stanton has been with Labat for over 10 years working his way up in the group, which led to him establishing the Labat logistics division from 2016 onwards. He later formulated the initial business plan for the Labat healthcare division and was appointed the Managing Director of Labat Healthcare in 2021. He has accumulated a wealth of business knowledge within the listed business environment and the group, including experience in the building of new businesses, engaging with key stakeholders and brings a fresh perspective to the business arena and to the Board.