Changes to the Eskom board

Eskom Holdings SOC Limited
(Registration No. 2002/015527/30)
JSE alpha code: BIESKM
(“Eskom”)

CHANGES TO THE ESKOM BOARD

Debtholders are advised that Mr Mpho Makwana, the chairperson of Eskom, has decided to
step down as chairperson and non-executive director of Eskom at the annual general
meeting tentatively scheduled for 30 October 2023. The reason for the resignation is to
pursue other interests.

In addition, Mr Mteto Nyati, currently a non-executive director, will be appointed as
chairperson to the board of Eskom with effect from the same date.

The Minister of Public Enterprises, Mr Pravin Gordhan, wishes to thank Mr Makwana for his
contribution during the most difficult time for Eskom and wishes him well in his future
endeavours.

Minister Gordhan further stated that “our efforts to stabilise Eskom and restructure it into
three subsidiaries – generation, transmission and distribution – remain on track. As
government we are committed to ensuring that Eskom has the right skills, talent and
experience to support our pursuit of a more secure energy future for South Africans”.

Johannesburg
10 October 2023

Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 10-10-2023 05:20:00
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