GAIA INFRASTRUCTURE CAPITAL LIMITED - Changes to the board

Changes to the board

GAIA Infrastructure Capital Limited
(Incorporated in the Republic of South Africa)
(Registration number 2015/115237/06)
ISIN: ZAE000210555 Share code: GAI
("GAIA" or "the Company")



CHANGES TO THE BOARD OF DIRECTORS

In compliance with paragraph 3.59(b) of the JSE Limited Listings Requirements, the GAIA
board of directors (“the Board”) hereby notifies shareholders that Mr Phillip Schabort; Mr Leon
de Wit; Mr Clive Ferreira; and Mr Matthys Nieuwoudt have resigned from the Board with
immediate effect.

The Board wishes Messrs Schabort, de Wit, Ferreira and Nieuwoudt well in their future
endeavours and thanks them for their valuable service to the Company.

Shareholders are further advised that Mr T Bukula, an independent non-executive director,
has been appointed as a member of the Audit and Risk Committee with effect from 1
December 2019. Ms S Tuku remains the chair of the Audit and Risk Committee, with Ms N
Kimber as the third member.

A further announcement regarding the restructuring of the Company’s other committees of the
Board will follow in due course.



12 December 2019

Sponsor

Sasfin Capital (A member of the Sasfin Group)

Date: 12-12-2019 09:29:00
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