| Thu 22 Dec 2022, 15:11 | | Notification of Appointment of a Director - Mercedes-Benz South Africa Limited |
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Notification of Appointment of a Director - Mercedes-Benz South Africa Limited
Mercedes-Benz South Africa Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1962/000271/06)
Bond Issuer code: MEC
(“Mercedes-Benz South Africa” or “the Issuer”)
(“Mercedes-Benz AG” or “the Guarantor”)
Notification of appointment of a director
In compliance with paragraphs 6.39 and 6.40 of the Debt Listings Requirements of the JSE Limited, the
board of directors of Mercedes-Benz South Africa (“the Board”) hereby notifies the Noteholders that
Dr Joachim Schmidt will retire as Chairman of the Board of Directors of Mercedes-Benz South Africa,
effective 31 December 2022.
Accordingly, Mr Wilfried Porth has been appointed as Chairman of the Board of Directors of Mercedes-
Benz South Africa of the Issuer with effect from 1 January 2023. Chairman of the Board of Directors of
Mercedes-Benz South Africa designate, Mr Wilfried Porth, has 36 years of working experience in
various locations such as Europe, South America, South Africa, Japan and the USA. He has served on
various Boards of Management and Supervisory Boards as a Member within several corporations. Mr
Porth’s experience spans across production, research and development, sales and human resources.
The Board thanks Dr Schmidt for his contribution the past 9 years, and welcomes Mr Porth and is
looking forward to his contribution.
Pretoria
22 December 2022
Debt Sponsor: The Standard Bank of South Africa Limited
debtsponsor@standardbank.co.za
Date: 22-12-2022 03:11:00
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