Cresta Marakanelo : NON-EXECUTIVE DIRECTOR APPOINTMENTS

CRESTA MARAKANELO LIMITED

(Incorporated in the Republic of Botswana on 23 August 1974

Registra?on number BW00001308618

(Share Code: CML ISIN: BW 000 000 0892)

NON-EXECUTIVE DIRECTOR APPOINTMENTS

The Board of Cresta Marakanelo Limited ("Cresta" or "the Company") announces the following non-executive director appointments:

With effect from 1 April 2022, Cresta appointed Ms Angelica Bojosi, Mr Ditirwa Mphoeng and Mr Joseph Hundah to the Board of Directors.

Ms Angelica Bojosi holds a Bachelor of Arts degree and a Bachelor of Laws degree from the University of Cape Town and a Master of Law degree from the University of Queensland (Australia). She is admitted as an attorney of the High Courts of Botswana and as a solicitor of the Supreme Court of England and Wales. Angelica has over 18 years of experience practicing law specialising in corporate finance, compliance and general commercial law in both Botswana and the United Kingdom. Ms Bojosi worked for eight years in the United Kingdom, including as General Counsel for Quadriga Worldwide Limited, a leading multinational organisation that provides a range of services for the hospitality industry. Ms Bojosi is now the managing partner at Bojosi Law, a niche law firm operating in Gaborone, Botswana specialising in Corporate Finance, Banking, Regulatory and general Commercial Law.

Mr Ditirwa Mphoeng is a graduate of Coventry University (United Kingdom) having attained a BEng (Hons) Degree in Electrical and Electronics specialising in Telecommunications. Mr Mphoeng is a well experienced ICT practitioner with a wealth of management experience across various industries in Botswana. Mr Mphoeng is currently the Managing Director of Newline Technologies Ltd, an ICT company he founded and continues to run. Mr Mphoeng brings along a wealth of Board experience having served in the founding Board of Botswana Fibre Networks and Botswana Railways. He currently serves on the Board of Mining Development Company of Botswana.

Mr Joseph Hundah is the Group Chief Operating Officer of the Masawara Group, a diversified investment holding company operating across Africa. He is an experienced executive and entrepreneur who over his career has worked across the African continent building and growing organisations in both the private and public sector. His prior experience spans various organisations including Philips SA, and numerous subsidiaries under Naspers Limited's media arm. Joseph is also founder of Najora, an advisory, venture capital, and consulting firm. Joseph is passionate about creating, financing and transforming African businesses in the digital age into dominant local, regional and international brands.

For and on behalf of the Board of Directors.

5 April 2022