African Rainbow Minerals announces board and committee changes

African Rainbow Minerals Limited (ARM) announced several changes to its board of directors and board committees, effective from the conclusion of its forthcoming annual general meeting (AGM) and on October 9, 2025, for some committee appointments. Dr. Rejoice Simelane and mr. Joaquim Chissano will step down as independent non-executive directors.

The company will propose to shareholders at the upcoming AGM the election of ms. Tshifhiwa Gladys Ramuthaga and mr. Brian Kennedy as members of the ARM audit and risk committee, with ms. Ramuthaga's election contingent on her approval as a non-executive director. Additionally, ms. Pitsi Josephine Mnisi is recommended for election as a member and chairman of the ARM social and ethics committee, with ms. Ramuthaga also proposed as a member of this committee.

Further changes effective October 9, 2025, include ms. Mnisi's appointment to the nomination and remuneration committees, mr. Peter William Steenkamp to the nomination committee, and mr. Kennedy to the technical committee. Dr. Patrice Motsepe, executive chairman, acknowledged the valuable contributions of the departing directors.