Merafe Resources Integrated Annual Report 2018

MERAFE RESOURCES INTEGRATED ANNUAL REPORT 2018 42 Directorate at 31 December 2018 Non-executive directors Chris Molefe (70) Chairperson (Independent) BCom, Postgraduate Diploma in Property Development Chris, who joined the Merafe Board in 2003, has extensive experience in mining and resources, merchant banking and transformation strategy development. He gained this experience while working for Mobil Oil, Union Carbide, Chase Manhattan Bank, Transnet and Royal Bafokeng Resources Holdings, where he held the position of Chief Executive Officer. He is currently Chairperson of Tjate Platinum Group and is also a non-executive director of Jubilee Platinum plc. Chris is a member of the Remuneration and Nomination Committee, the Social, Ethics and Transformation Committee, an invitee to the Audit and Risk Committee and Chairperson of the Board. Belese Majova (44) (Independent) BCompt, MBA, Certified Ethics Officer Belese joined the Merafe Board in January 2009 as an independent non-executive director. She is currently Chief Executive of Zeleb Holdings, a company with interests in a number of sectors including business management consultancy; property development and property management as well as commercial farming. She also serves on other boards both in the private and public sectors. Belese is Chairperson of the Social, Ethics and Transformation Committee and is a member of the Audit and Risk Committee. Abiel Mngomezulu (65) (Independent) BSc (Hons), MSc Engineering (Mining) Abiel joined the Merafe Board as an independent non-executive director in September 2010. He was previously the President and Chief Executive Officer of Mintek, a state-owned enterprise responsible for mineral extraction technologies and beneficiation. Abiel also served on several boards of state-owned institutions involved in the mining sector. He is currently an advisor to the Alexander Proudfoot Group and as well as a director at Tshikululu Social Investments. Abiel is a member of the Audit and Risk Committee and chairperson of the Remuneration Committee. Mpho Mosweu (43) (Non-independent) CA(SA), MBL Mpho Mosweu joined our Board in March 2011. She is Head of Workout and Restructuring at the IDC. She currently serves on various boards and audit and risk committees. She has extensive commercial and governance experience. Mpho is a member of the Social, Ethics and Transformation Committee. Matsotso Vuso (46) (Independent) CA(SA) Matsotso joined our Board in 2018. She is the founder of Nyamezela Group of Companies, a multi-disciplinary group of companies with solutions spread across manufacturing of smart electricity meters, energy management, business advisory services, consulting and contracting engineering. She has extensive experience in statutory and IT assurance, financial investments analysis and financial restructurings. She also serves on other boards as an independent director. Matsotso is the Chairperson of the Audit and Risk Committee. Shaun Blankfield (36) (Non-independent) CA(SA) Shaun is the Head of Mergers and Acquisitions for Glencore Coal based in Australia. Shaun is a qualified Chartered Accountant and served articles with Deloitte South Africa. Shaun joined Glencore in South Africa before assuming the role in Australia. Previously, he worked as a manager in the Corporate Finance and Accounting Advisory Services team at Deloitte, Sydney in Australia. Shaun is a member of the Remuneration and Nomination Committee. TRANSPARENCY AND ACCOUNTABILITY Governance The Board at 11 March 2019 comprised Chris Molefe, Belese Majova, Abiel Mngomezulu, Mpho Mosweu, Matsotso Vuso, Shaun Blankfield, Zanele Matlala, Ditabe Chocho and Grathel Motau. Belese Majova Abiel Mngomezulu Mpho Mosweu Matsotso Vuso Shaun Blankfield Chris Molefe