Seed International : RETIREMENT AND APPOINTMENT OF BOARD CHAIRMAN AND OTHER DIRECTORS

SEED CO INTERNATIONAL LIMITED

RETIREMENT AND APPOINTMENT OF BOARD CHAIRMAN AND OTHER DIRECTORS

Retiring Board Chairman

Appointment of Board Chairman

Mr. David B. E. Long officially retired from his position as the Non-Executive Director and Board Chairman of Seed Co Limited on 20 September 2023. Mr. Long served the Board for many years as a Non-Executive Director before assuming the chairmanship of the Board.

The Board and management would like to express their appreciation for Mr. Long's valuable contributions to the Company and convey their best wishes for his retirement and future endeavours.

David E. B. Long

Pearson Gowero

Mr. Pearson Gowero was elected and duly appointed Independent Non-Executive Board Chairman effective 28 September 2023. Mr. Gowero is also a non-executive director on the boards of Zambeef Products PLC, NMBZ Holdings Limited and NMB Bank Limited. Previously, he held executive leadership positions within the then SABMiller Africa, and Delta Corporation where he retired as CEO in 2021.

The Board extends its congratulations to Mr. Gowero on his new appointment and wishes him success in his new position.

Retiring Board Member		Appointment of Board Member
Mr. Patrick Spadin, a representative of the		Mr. Anthony Carvalho was appointed as	a
Limagrain Group on the Board, formally		Non-Executive Director following his nomination
concluded his role as Non-Executive Director		by the Limagrain Group effective 21 September
on 8 September 2023 to pursue other mandates		2023.
within the Limagrain Group. Mr. Spadin served
the Board with distinction.			Mr. Calvalho is currently the Chief Financial Officer
			for the Limagrain Group and is an Accountant by
The Board and management wish to express		profession. He brings with him significant experience
their gratitude for the significant contributions		in financial affairs and investments having worked as
made by Mr. Spadin to the Company since		Chief Financial Officer for the Roullier Group as well
November 2019 and wish him well in his future		as experience in audit and financial advisory
pursuits.			acquired at Deloitte & Touche.
Patrick Spadin		Anthony Carvalho	He holds a Master's in Information Systems (Institut
	Mines-Telecom SudParis),	supplemented	by	a
			Master's in Audit & Financial Advisory from
			Université Paris Dauphine and a Master's in
			Finance from ESSEC.
			The Board extends its congratulations to Mr. Carvalho
			on his new appointment and welcomes him as a Board
			Member.
Appointment of Board Member		Appointment of Board Member
Mr. Maxen Phillip Karombo was appointed as an		Mr.	Kenias	Mafukidze	was appointed	as	an
	Independent	Non-Executive	Director effective	21
Independent Non-Executive Director	effective
	September 2023.
21 September 2023.
Mr. Karombo is currently the Chief	Executive		Mr. Mafukidze is currently the Chief Executive
	Officer of Alpha Media Holdings.
Officer of OK Zimbabwe Limited. He is a Chartered
Marketer with close to 30 years' regional working		He is a Chartered Accountant with over 30
experience, and he holds a Bachelor of Technology
	years' experience and	he holds a Bachelor
Honours Degree and an MBA.
		of Accountancy Honours Degree as well as
The Board extends its congratulations to Mr.		an MBA and MPhil in Development Finance.
Karombo on his appointment and welcomes him		The	Board	extends its	congratulations	to	Mr.
as a Board Member.
		Mafukidze on his appointment and welcomes
Maxen Phillip Karombo		Kenias Mafukidze
	him as a Board Member.

By Order of the Board,

Tineyi Chatiza

Group Company Secretary

2 October 2023

Directors: P Gowero (Chairman), M Nzwere (Group CEO)*, J Matorofa (Group CFO)*, A Barron, A Calvalho, R C D Chitengu (Mrs), M P Karombo, K Mafukidze, R Fournier, F Savin, F Azanza, R de Wet, K Moswela (Mrs), C Kabaghe. *Executive