REUNERT LIMITED - Changes to board of directors: executive leadership transition and appointment of new Group Chief Executive Officer

Changes to board of directors: executive leadership transition and appointment of new Group Chief Executive Officer

REUNERT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1913/004355/06)
JSE and A2X share code: RLO
ISIN: ZAE000057428
("Reunert" or the "Company" or the "Group")

CHANGES TO THE BOARD OF DIRECTORS: EXECUTIVE LEADERSHIP TRANSITION AND APPOINTMENT OF NEW GROUP 
CHIEF EXECUTIVE OFFICER

Transition of the Group CEO

In accordance with paragraph 3.59 of the JSE Limited Listings Requirements ("Listings Requirements"), 
the board of directors of the Company ("Board") hereby announces that, after nearly 12 years of 
exceptional service as Group Chief Executive Officer ("Group CEO") and almost 30 years' service within
the Group, Alan Dickson will be transitioning from this role over the next three months, through a 
structured and managed process.

Alan will formally hand over his Group CEO responsibilities on 1 March 2026 and will continue to serve
as an executive director until 31 May 2026. During this period, he will remain involved in key activities,
including shareholder engagements and the Group's half-year reporting process. Thereafter, Alan will
continue in an advisory capacity as an employee until 30 November 2026, to assist with a seamless
transition.

The Board confirms that the Group's strategic direction and operational objectives remain unchanged.
The appointment of a new Group CEO is intended to ensure continuity in the successful execution of
the strategy that has been successfully led by Alan and the executive team over the years.

The Board expresses its appreciation to Alan for his leadership, and commitment to the Group, since
his appointment to the Board on 21 November 2013. Over the past 12 years, Alan has played an
instrumental role in shaping and executing the Group's strategy, driving operational excellence and
delivering consistent shareholder value. His vision, integrity and dedication have left a lasting and
positive impact on the Group.

The Board also extends its gratitude to Alan for making himself available to ensure a smooth succession
process. The Board wishes him every success for his future and looks forward to his continued support
during the transition period.

Appointment of a new Group CEO

In accordance with paragraph 3.59 of the Listings Requirements, the Board is further pleased to
announce the appointment of Mr Anthonie de Beer as Group CEO with effect from 1 March 2026.
Anthonie will join the Group with effect from 1 February 2026 to commence the handover process.

Anthonie is a Chartered Accountant (South Africa) and most recently served as Chief Executive Officer
of the listed private equity group Ethos Capital Partners Limited, trading as EPE Capital Partners
Limited, until his resignation on 31 October 2025.

He brings extensive experience in investing and leading complex and diversified businesses, with a
proven record of strategic insight, operational excellence and strong leadership. His alignment with the
Group's culture and values positions him well to lead the Group into its next phase of growth and
innovation.

The Board is confident that under Anthonie's leadership the Group will continue to build on its strong
foundation, deliver sustainable growth, and create long-term value for all stakeholders. The Board
welcomes Anthonie to the Group and congratulates him on his appointment.


Sandton
20 November 2025

Sponsor
One Capital

Date: 20-11-2025 01:00:00
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