GladAfrica Teaser A4 EV

GladAfrica Group Summary of Initial Infomation ww w.gladafrica.com Exxaro Headquarters Centurion South Africa

IntroductionContents Investment / partnership thesis Financial highlights & project information Employee information Governance & Leadership Our Clients ww w.gladafrica.com

Civil Engineering EnSgtirnuecetruinragl Company Introduction Advisory Services TraEnnspgoinretaetriionng GladAfrica is an ISO 9001:2015 accredited multi-disciplinary, built-environment consultancy delivering services in the fields of project management, engineering and environmental We management deliver The company is headquartered in Johannesburg and has offices across the country In the past two years GladAfrica has also established a presence in Nigeria and Ghana WateErn&gisnaeneirtiantigon EnMgiencehearninicgal EngineReairling EElnegcitnriecearling MParnoajgecetment MaPnraoggerammenmte Advisory Services CoMnasntarugcetmioennt Ghana Nigeria We deliver South Africa DeMvaelnaogpemmeentnt Taenndainntstcaololartdioinnastion ManaFagceilimtienets FiMxaendagaessmeetnt

Investment / partnership thesis 1 Leading provider of design, engineering, and construction management services in South Africa Operating for close to 20 years in South Africa, GladAfrica is one of the largest providers of multidisciplinary services - delivering projects across a broad range of market sectors. 2 Reputation and relationships with key clients Long standing relationships, and track record of repeat business, with key South African clients. 3 Local presence, and route to market, in the main South Africa economic centers Offices of scale in Johannesburg, Cape Town, Bloemfontein, Mpumalanga and Durban. Project offices in other SA locations provide an entry point to the domestic market. 4 Broad-Based Black Economic Empowerment (BBBEE) Program A black South Africa born-and-bred company, GladAfrica upholds the letter and the spirit of transformation, which stands the company well in the scoring of public sector tenders. 5 Experienced team with a history of successfully delivering complex multi-disciplinary projects Track record of delivering large landmark projects with several memebers of the management team having worked for GladAfrica for 10+ years.

Financial highlights & project information

Financial highlights & project information Revenue distribution by sector (%) Revenue distribution by BU (%) Total number of projects water & Sanitation Education GA Environment 140 120 6% 5% 100 80 Human 2% 60 Settlement 20% 40 20 Health 1% Project Consulting Managers 59% 39% Engineers 0 ENG PM GAE 68% Transport - CAPEX under management of R66bn - Overhead costs as percentage of revenue are at 28% vs industry - Compound annual growth rate of 40% over past five years benchmark of 25% - 30% - Forecast annual revenue growth of 25% over next five years - Direct labour utilisation of 65%, which is on par with industry average - Effective multiplier of 2.56 vs industry average of 2.1-2.9

Employee Information

Employee information Growth in headcount Distribution of technical staff (%) Staff distribution by business line (%) 350 Natural Scientists 20 Engineers Corporate 300 9 34 250 200 40 Civil 150 Engineers 100 Specialist 37 50 0 34 Project 7 19 FY15 FY16 FY17 FY18 FY19 Managers Environmental Management Project Managers Knowledge transfer & transformation agenda procurement, supply chain and supplier and enterprise development will be implemented, monitored, reported on and audited. GladAfrica Foundation | GladAfrica upholds the spirit of transformation through economic, social and health programmes driven through the Student Vacation Work Programme | Students have the GladAfrica Foundation. opportunity to spend their vacation in GladAfrica’s design office or on site. Students are exposed to areas of focus within their particular Bursaries | GladAfrica through it’s Foundation offers bursaries each year to field of study and assigned a mentor during their vacation work. meritorious students attending or applying for undergraduate studies in the built environment at major institutions across South Africa. Professional Registration Support | GladAfrica supports its technical employees’ candidacy to member status of appropriate Supplier development and localization | GladAfrica supports the South professional bodies African government’s objectives for developing and transforming local suppliers. GladAfrica’s management team ensure that all components of

Governance & Leadership

Corporate Governance GladAfrica Group Board of Directors Non Executive 50% | 50% Executive Male 60% | 40% Female FinCo : RemCo : Finance & Risk Remuneration Committee Committee ExCo : Executive Committee

Our Board of Directors Noel Mashaba Deputy Chairman Group CEO Khutso Hlongwane Sigi Naidoo Independent Non-Executive Executive Chairman Group CFO Chief Operating Officer Marthie Claassens Kulani Mayayise Ntwanano Mashaba Moses Maponyane CoKmirsptaynHyinSericcrhesteanry

Our Executive Management Team Kulani Lebese Sigi Naidoo Khutso Hlongwane Kevin Pillay Maieane Nkhahle Group CEO COO Group CFO MD: Technical Services, Executive: Strategy and Operations BSc Eng, BCom, MBA, PrEng, Faarb Gaillard Rossouw Andre Jooste Andre Woghiren Teboho Lemao Don de Koker Executive: Executive: Executive: GA Environment Regional Director : Regional Director : Consulting Engineering Project Management Free State Province Western Cape Province MSc, PrNatSci BTech, PrTechEng BScEng, PrEng, PrCPM BScEng, PrEng BEng, MScEng, PrEng, PMP, PrCPM Joao Soares Sean Botha Monica Dlamini-Mashile Tasha Bezuidenhoudt Nerisha Kistan Financial Director Executive: Executive: Executive: Executive: Business Development Marketing Legal Human Resources CA (SA)

Our clients

Our clients

Our clients

Head Office : Johannesburg GladAfrica House, Hertford Office Park, Block G, 2nd & 3rd Floor 90 Bekker Road, Midrand, 1686 Tel: +27 (0) 11 312 2537 / 84 Fax: +27 (0) 11 805 1950 ww w.gladafrica.com