The board of directors of Zeda Limited has decided to separate the Audit and Risk Committee into two separate committees, being the Audit Committee and a newly formulated Information Technology and Risk Committe with effect from 1 December 2023. The composition of the Information Technology and Risk Committee and the Audit Committee will be as follows: Audit Committee: Chairman - Donald Wilson; and Members - Xoliswa Kakana, Yolanda Miya and Marna Roets. Information Technology and Risk Committee: Chairman - Xoliswa Kakana; and Members - Ngao Motsei and Marna Roets.

The Board believes that the newly formed Information Technology and Risk Committee will allow the Audit Committee to focus on assurance and financial oversight, with the Information Technology and Risk Committee focussing on risk and information technology.