PHUMELELA’s business rescue practitioner John Evans has convened and will be presiding over the first meeting of employees and employee representatives of the Company to be held this morning.

The meeting will be conducted using Zoom technology and starts at 10am, with additional sessions planned for 11am and 12pm.

The agenda includes:

-Introduction and background.

-Whether the business rescue practitioner believes that there is a reasonable prospect of
rescuing the company.

-Formation of an employees’ committee.

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