Cresta Marakanelo : 2021 INTEGRATED REPORT

Moatlhodi Lekaukau

Non-Executive Chairman

Appointed 30 November 2017

Member of the Human Resources

and Nominations Committee

Mr Lekaukau is the Managing Director of Kalahari Capital and the Executive Chairman of YMH Media Group, a diversified

media holding company with interests in Botswana and Zambia. His previous roles include Acting Managing Director and Chief Investment Officer of Botswana Development Corporation, Chief Executive Officer of Standard Chartered Bank Botswana and Partner and Head of Mergers

and Acquisitions at Deloitte in South Africa. Mr Lekaukau is a member of the South African Institute of Chartered Accountants, a fellow member of the Botswana Institute of Chartered Accountants and holds a Bachelor of Commerce Degree and Postgraduate Diploma in Accounting from the University of Cape Town. Mr Lekaukau has served on several boards of listed and private companies and his current board memberships include Water Utilities Corporation.

John Yendall Stevens

Non-Executive Director – Lead

Independent Director

Appointed 22 January 2010

Chairman of the Finance, Risk and Audit

Committee

Mr Stevens served Deloitte in South Africa and Botswana for over 33 years. Eight of those years were as partner in charge of Deloitte Botswana. Mr Stevens retired from Deloitte in 2007 and took up the challenge of private consultancy. He holds a B.Comm Degree from Rhodes University, is a fellow member of the Botswana Institute of Chartered Accountants, a member of the South African Institute of Chartered Accountants and a member of the Institute of Chartered Accountants of England and Wales.

Mr Stevens also serves as a director on the Board of Standard Chartered Bank Botswana.

Tshepidi Moremong-Ondoko

Non-Executive Director

Appointed 30 November 2017

Member of the Finance, Risk and Audit

Committee

Ms. Moremong-Ondoko holds a BA Degree in Economics and Political Science from Swathmore College and an MBA in Finance and International Business from Columbia University Business School. Ms. Moremong-Ondoko has a career spanning 20 years in financial services in both private equity and investment banking. She has worked for various institutions in Africa and Europe, including Aureos Capital, Goldman Sachs and Rand Merchant Bank. Ms. Moremong- Ondoko is currently the Chief Operating Officer for Africa50 a pan-African infrastructure investment platform.

Gavin Sainsbury

Non-Executive Director

Appointed 1 September 2011

Mr Sainsbury was the Chief Executive Officer of Masawara Financial Services from 2015 to December 2021. Before joining Masawara, he was Chief Executive Officer of TA Holdings Limited, a company previously listed on the Zimbabwe Stock Exchange. Prior to that, he was the Managing Director of Colcom Holdings Limited from 2000 to 2010. Mr Sainsbury is a qualified Chartered Accountant and obtained his qualification in 1981 in both Zimbabwe and South Africa. Mr Sainsbury worked for Deloitte & Touche Zimbabwe from 1981 to 1998; he was appointed a Partner at Deloitte & Touche in 1989.

Mr Sainsbury served as a director on a number of Boards including Botswana Insurance Company, Zimnat Life Insurance Company Limited and Dandemutande Investments Pvt Limited.

Pius Komane Molefe

Non-Executive Director

Appointed 15 January 2011

Chairman of the Human Resources and

Nominations Committee

Mr Molefe is the Chief Executive Officer of BBS Limited. He holds a Post Graduate Diploma in Economics from the University of Sussex in the United Kingdom. Mr Molefe previously worked for Barclays Bank of Botswana and Ministry of Finance among others. At the Ministry of Finance, he was involved in the handling of all development projects.

Mr Molefe was further involved in the development of policies regulating the financial services sector. He was involved in the establishment of the Botswana Stock Exchange and also served as a member in the exchange.

Osborne Majuru

Non-Executive Director

Appointed 22 January 2010

Member of the Finance, Risk and Audit

Committee

Mr Majuru is a Chartered Accountant (Z) with an Accounting (Honours) Degree from the University of Zimbabwe. Osborne has more than 20 years senior management experience including as Financial Director for Anglogold Ashanti in Zimbabwe, Tanzania and Isle of Man; Chief Executive Officer for Cresta Group of Hotels; and Zuva Petroleum (Pvt) Limited. In 2019, Mr Majuru was appointed Chief Executive Officer in charge of the Cresta Hotels Cluster for the Masawara Group. Prior to this, he was the Group Chief Financial Officer and thereafter the Group Chief Strategy Officer for Masawara Zimbabwe (Pvt) Limited.

Mr Majuru serves on various Boards including Cresta Holdings (Pty) Limited, Cresta Hotels (Pvt) Limited, Grand Reinsurance and Minerva Risk Advisors.

Mokwena Morulane

Executive Director

Appointed 10 October 2017

Managing Director

Mr Morulane is the Managing Director of Cresta Marakanelo Limited. Mokwena started his career at Deloitte, and has held leadership roles in the mining, oil and financial services sectors.

Mr Morulane is a fellow of the Association of Chartered Certified Accountants (ACCA), and a member of the Chartered Institute of Secretaries in Southern Africa. He is also a fellow member of the Botswana Institute of Chartered Accountants. He holds a BA (Hons) in Accounting from the University of Luton, United Kingdom. He has also completed the Saïd Business School, University of Oxford Executive Leadership Programme.

Mr Morulane serves on the Boards of Minergy Limited, Masiela Trust Fund, Old Mutual Life and Sentlhaga Pension Fund.