HUGE GROUP LIMITED - Voluntary announcement : Appointment of a commercial director of Huge Telecom

Voluntary announcement : Appointment of a commercial director of Huge Telecom

HUGE GROUP LIMITED
(Registration number 2006/023587/06)
Share code: HUG ISIN: ZAE000102042
(“Huge” or “the Company”)

VOLUNTARY ANNOUNCEMENT : APPOINTMENT OF A COMMERCIAL DIRECTOR OF
HUGE TELECOM

Stephen Morony has been appointed as the Commercial Director of Huge Telecom,
a major subsidiary of Huge, with effect from 8 June 2020.

Stephen is a top-level commercial executive with 20 years of experience in the
telecommunications and IT industry. He has gained a substantial amount of strategic
and business experience while working at Cell C for the past 6 years.

Stephen earned a Bachelor of Commerce Informatics (BComm) degree from UNISA
and an MBA from the University of the Witwatersrand Graduate School of Business.

After obtaining his BComm qualification, Stephen worked for Acer Africa as a retail
and business development manager, Neotel as a specialist in corporate strategy and
Ericsson as the regional director of strategy for Sub-Saharan Africa, before joining Cell
C in 2014, where he headed up the end to end management of Cell C’s MVNO
business. His role at Cell C has included the legal and commercial negotiations
relating to the onboarding of MVNOs, the analysis and interrogation of their business
strategies, their market segmentation, product offerings and go to market strategies.

The Board looks forward to the value that Stephen can bring to Huge Telecom as it
strives to cement its position as the market leader in the provision of its Corporate GSM
Full Suite Telephony Solution.

Johannesburg
9 June 2020

Sponsor
Nedbank Corporate and Investment Banking

Date: 09-06-2020 02:36:00
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