Vodacom Group appoints new directorates

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Vodacom Group Limited has appointed two new board members to replace Ms. Thoko Mokgosi and Mr. Ronald Schellekens, who have resigned as directors.

In accordance with paragraph 3.59 (b) of the JSE Listings Requirements, shareholders have been advised that Ms. Thoko Mokgosi-Mwantembe and Mr. Ronald Schellekens have resigned as directors of Vodacom Group Limited and will step down from the board with effect from 31 December 2018.

Mr. Jabu Moleketi, Chairman of Vodacom, thanked both Thoko and Ronald for their contribution to the Board spanning nearly a decade and wished them much success with their future endeavors.

Replacing Thoko and Ronald on the board are Ms. Phuthi Mahanyele-Dabengwa, as an independent non-executive director and Mr. Thomas Reisten, as a non-executive director, who joins the board with effect from 1 January 2019.

Phuthi Mahanyele-Dabengwa (BA (Economics), MBA) is the Executive Chairperson of Sigma Capital. She is a former director of Vodacom having served on the board from May 2009 to September 2011. She is the former CEO of Shanduka Group and prior to that, she was the Head of the Project Finance South Africa business unit at the Development Bank of Southern Africa. She is also a former Vice President of Fieldstone, an international firm specializing in the financing of infrastructure assets and currently an independent non-executive director on the boards of Comair and Goldfields.

Mr Thomas Reisten, is the regional finance director for the AMAP (Africa, Middle East and Asia Pacific) region for Vodafone having joined the Vodafone Group via Mannesmann Mobilfunk in Germany in 1998. Since then he has held various senior finance executive roles at Vodafone, more recently as the CFO for Vodafone India (2013 to 2018) and that of CFO of Vodafone Ireland (2010 – 2013).

The Chairman stated that he looked forward to their contribution on the board.

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