Buka are hereby advised that Paul Inbona has resigned as a non-executive director of the Board of directors and Chairman of the Audit and Risk committee effective 29 February 2024. The following new appointments have been made to the Board effective 3 March 2024: Steve Naude has been appointed as an independent non-executive director of the Board, member of the Audit and Risk committee and a member of the Remuneration committee; Melinda Malan has been appointed as an independent non-executive director of the Board and Chairperson of the Audit and Risk committee; and Mahomed Irfan Bux has been appointed as a non-executive director of the Board. Steve Naude (CA(SA))(MBA) is an entrepreneurial senior executive, with more than forty years' experience in corporate finance and investment banking in both domestic and cross border markets over a variety of industries.

He has served as a non-executive director on numerous listed companies and is currently a non-executive director and Chairman of the Audit and Risk Committee of two JSE listed companies as well as being a member of both the Social and Ethics Committee and Remuneration Committee of one of them. Melinda Malan (CA (SA)) currently runs FIGX (Pty) Ltd, a company that focuses on managing of the audit process and various aspects of audit readiness. She is reputed as a strategic and forward-thinking financial professional who provides high-quality financial insights to business leaders to drive critical and strategic business decisions.

Irfan Bux (B Comm) is the Managing Director and CEO of B&B Media (Pty) Ltd, the major shareholder of Buka. He owns a diverse company portfolio including advertising, property development, shoe manufacturing and retail and movie and TV production. He has been in business for over 35 years.