Change in Chief Executive Officer and Executive Director - MEC
Change in Chief Executive Officer and Executive Director - MEC
Mercedes-Benz South Africa Limited (Incorporated in the Republic of South Africa)
(Registration No. 1962/000271/06)
Bond Issuer code: MEC
(“Mercedes-Benz” or “the Issuer”)
(“Daimler” or “the Guarantor”)
Change in Chief Executive Officer and Executive Director
In accordance with paragraph 6.39 of the JSE Debt Listing Requirements, the Board of
Directors of Mercedes-Benz South Africa Limited hereby informs noteholders of the
appointment of Mr. Mark Raine as the Co-CEO and Executive Director with effect from 1
September 2021 following the resignation of Johannes Fritz’s resignation as Co-CEO &
Executive Director of Mercedes-Benz effective on 1 September 2021. Mr. Fritz will be moving
back to Germany to head up Mercedes-Benz Cars & Vans in Bavaria.
The Board wishes Mr. Fritz and Mr. Raine all the best in their new positions.
Centurion
1 September 2021
Debt Sponsor: The Standard Bank of South Africa Limited
debtsponsor@standardbank.co.za
Date: 01-09-2021 03:40:00
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