Changes to the executive function of a director: appointment of a permanent chief executive officer

York Timber Holdings Limited Incorporated in the Republic of South Africa (Registration number 1916/004890/06) Share code: YRK

ISIN: ZAE000133450

("York" or the "Company")

CHANGES TO THE EXECUTIVE FUNCTION OF A DIRECTOR: APPOINTMENT OF A PERMANENT CHIEF EXECUTIVE OFFICER

York shareholders ("Shareholders") are referred to the announcement published on SENS on 30 July 2021, wherein Shareholders were advised of, inter alia, the appointment of Mr Gerald Stoltz, the Company's chief financial officer ("CFO"), to act in a dual and secondary role as the interim chief executive officer ("CEO") of York.

In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, Shareholders are hereby advised that Mr Stoltz has been appointed as the permanent CEO of the Company, with effect from today, 1 July 2022.

Shareholders are further advised that Mr Stoltz will act in a dual and secondary role as the interim CFO of York, until such time that a new CFO is appointed by the board of directors of York.

York has commenced with the process of identifying and appointing a new CFO and Shareholders will be advised of the appointment of a new CFO in due course.

Sabie, Mpumalanga

1 July 2022

Sponsor

One Capital