Trellidor Holdings Limited's annual general meeting, scheduled for 7 December 2023 ("AGM"), and the notice of AGM distributed to shareholders, dated 13 October 2023 ("Notice"). In compliance with paragraph 3.59 of the JSE Listings Requirements, shareholders are hereby advised that Mr. Mark Olivier ("Mark"), who will retire by rotation at the AGM (in terms of the Company's memorandum of incorporation and the JSE Listings Requirements), has indicated that he will no longer be making himself available for re-election as a director of Trellidor. Mark's aforementioned retirement will occur with effect from the conclusion of the AGM.

Mark has served the Company as the chairman of its board of directors ("Board") for over 16 years, and the Board is indebted to him for his exemplary leadership over this period. The Board would like to thank Mark for his valuable contribution to the Company and wishes him well in his future endeavours. While the Board believes that continuity in the leadership of the Company is of critical importance, it also recognises the need to introduce fresh ideas and perspectives in relation to the Company's businesses.

The Board has identified a suitable candidate to fill the vacancy which will result from Mark's retirement, and it intends to appoint Mr. Kevin Hodgson ("Kevin") as a non-executive director of the Company following the conclusion of the AGM. Shareholders will be advised of Kevin's formal appointment via SENS. Kevin is a qualified charted accountant who gained commercial experience working for Goldfields and Murray & Roberts before entering the private equity sector where he was involved in multiple transactions in retail.

In 1998, Kevin was appointed as CEO of the Holdsport Group, where he led the growth and expansion of the business under private and listed ownership, until 2018. Kevin is currently a director and the chairman of the investment committee of Fortuna Investments Holdings and serves on the board of directors of a number of private companies. Kevin's experience and skills in managing the Holdsport Group, which incorporates retail, wholesale, manufacturing, distribution and e-commerce businesses, will be particularly relevant to the Company and will further bolster the Board's expertise.

The Board looks forward to Kevin's future contributions to the Company.