Oceana Group Limited announced that In terms of the announcement published on 5 December 2022 and having served on the Board for twelve years, Zarina Bassa has indicated that she was not available for re-election as a director at the Annual General Meeting. Accordingly, Zarina retires as an independent non-executive director of the Board, Chairman of the Audit Committee, member of the Risk Committee and member of the Corporate Governance and Nominations Committee following the Company's Annual General Meeting held on 6 April 2023. Peter Golesworthy, an independent non-executive director and member of the Audit Committee, assumes the position as Chairman of the Audit Committee following the Annual General Meeting held on 6 April 2023.

Mr. Golesworthy has been appointed as a member of the Corporate Governance and Nominations Committee with effect from 6 April 2023. Peter de Beyer steps down as Chairman of the Remuneration Committee following the Company's Annual General Meeting held on 6 April 2023. Mr. de Beyer will stay on as a member of the Remuneration Committee until such time as he steps down as a non-executive director of the Board.

Thoko Mokgosi-Mwantembe who is currently an independent non-executive director and member of the Remuneration Committee, assumes the position as the Chair of the Remuneration Committee and member of the Corporate Governance and Nominations Committee on 6 April 2023, following the Company's Annual General Meeting.