| Chairperson: Zwelibanzi Mntambo | Meetings: Three |
| Members: Dr Phumla Mnganga, Mvuleni Geoffrey Qhena and Peet Snyders | Attendance: 91% |
| Changes: None in 2024. As Ben Magara has been appointed CEO from 1 April 2025, he is no longer categorised as an independent non-executive director and stepped down as member from 1 April 2025. | |
Zwelibanzi Mntambo
Chairperson
Dr Phumla Mnganga
Mvuleni Geoffrey Qhena
Peet Snyders
Early in 2023, the board established an ad hoc board committee to address the threat of rail capacity unavailability to Exxaro's strategy. The logistics committee was subsequently confirmed as a permanent committee of the board.
The role of the logistics committee is to monitor and report on the development of long-term solutions for logistic access to international markets, identification of medium-term solutions and alternatives.
The committee operates independently and makes recommendations to the board, monitors on behalf of the board and reports to the board on mainly:
The committee's terms of reference are reviewed annually. The review took place in the first quarter of 2025 and the revised terms of reference were subsequently approved by the board. The review ensured the terms of reference remain aligned to relevant legislation, regulations, and King IV.
Key focus areas 2024/2025 |
| Oversee the development and review of long-term logistics solutions to access international markets |
| Monitor the identification and review of medium-term logistics solutions to mitigate TFR risk and increase exports |
The committee, in carrying out its duties, has due regard to its terms of reference and the principles and recommended practices of King IV. The committee is satisfied that it has considered and discharged its responsibilities.
IR