City Lodge Hotels announces board resignation and succession plan

City Lodge Hotels Limited announced changes to its board and committee composition. Ms Samara Totaram has tendered her resignation from the board of directors and her memberships on the Audit, Remuneration, and Nominations Committees. This decision, announced on September 11, 2025, aligns with paragraph 3.59 of the JSE Limited Listings Requirements.

Ms Totaram's resignation stems from a reflection on her workload, commitments, and the compliance requirements necessary to effectively discharge her responsibilities. Consequently, she will not be available for appointment at the upcoming annual general meeting scheduled for November 20, 2025.

The board has confirmed it will initiate the process to identify a suitable candidate to fill the vacant position. This announcement was released from Bryanston on September 15, 2025, with Nedbank Corporate and Investment Banking, a division of Nedbank Limited, acting as the sponsor.