The board provides effective ethical leadership and strategic direction while balancing the company's interests as a responsible corporate citizen with stakeholders' legitimate needs and expectations, within a framework of principled governance. For the year in review, we are proud to present the following board members:
| Chairperson | Member | |||||||
 |
Board |  |
Nomination committee |  |
Audit committee |  |
RBR committee | |
 |
Audit committee |  |
RBR committee |  |
Investment committee |  |
Remuneration committee | |
 |
Investment committee |  |
Remuneration committee |  |
Logistics committee |  |
SERC | |
 |
Logistics committee |  |
Social, ethics and responsibility committee (SERC) |
 |
Nomination committee | |||
Board chairperson and independent non‑executive director
Director since 19 April 2021 and board chairperson since 27 May 2021
CEO and executive committee chairperson
Executive director since 16 March 2021
Finance director
Executive director since July 2016
Lead independent non-executive director
Director since 18 May 2018
Independent non-executive director
Director since 7 February 2022
Independent non-executive director
Director since 7 February 2022
Independent non-executive director
Director since 7 February 2022
Independent non-executive director
Director since 3 January 2023
Independent non-executive director
Director since 7 February 2022
Independent non-executive director
Appointed 3 January 2024
Independent non-executive director
Director since 1 February 2021
Independent non-executive director
Director since 1 July 2016
Non-executive director
Director since 22 June 2021
Non-executive director
Director since 6 March 2018
Non-executive director
Director since 15 March 2021
Non-executive director
Director since 28 November 2006
Board nominees for the upcoming 23rd AGM
In accordance with the company's memorandum of incorporation (MoI), one-third of the non-executive directors are subject to retirement by rotation and re-election by shareholders annually. Eligible directors may offer themselves for re-election.
Furthermore, in accordance with our MoI, Likhapha Mbatha, who has reached the director retirement age, will retire by rotation at the 23rd AGM to be held on 23 May 2024.
As per our board charter and director nomination and appointment policy, the nomination committee has reviewed the composition, gender and racial balance of the board and evaluated the independence (where applicable), performance and contribution of the directors listed below, as well as their individual knowledge, skills and experience. The board will propose to shareholders the following directors for election and re-election at the upcoming AGM:
| Re-election | Appointed | ||
 |
Mvuleni Geoffrey Qhena | Independent non-executive director and chairperson of the board | 19 April 2021 |
 |
Mandlesilo Msimang | Non-executive director | 15 March 2021 |
| Election | Appointed | ||
|
Nosipho Molope | Independent non-executive director | 3 January 2024 |
The ESG report includes details on the board's composition, diversity and experience.
Independence (%)
Racial diversity (%)
Gender diversity (%)
Racial diversity year on year (%)
Gender diversity year on year (%)
Age diversity: Number of directors (16)
Average age per year
Non-executive director tenure
We have conviction in Exxaro's Sustainable Growth and Impact strategy. We are on the right path and focus is critical.
The ESG report includes details on our executive committee.
KEY
Executive age diversity (an average age of 55)
Executive gender diversity (%)
Executive race diversity (%)
Executive tenure at Exxaro
Report Index
IR