| CEF Group Board Members |
 Separate boards of directors for the holding company and each of the operating subsidiaries are appointed. The board of directors of CEF (Pty) Ltd consists of four non-executive directors and two executive directors. At least four board meetings are held during a year. The framework for the payment of directors' remuneration is approved by the Minister. CEF:Ms B Mabuza – Chair Mr MB Damane – CEO Dr Z Rustomjee Dr P Molefe Mr Y Tenza Ms P Zikalala Mr A Nkuhlu (Alternate) Mr NH Gumede SFF:Ms B Mabuza (Chair) Dr Z Rustomjee Ms A Osman Mr Y Tenza Ms P Zikalala Mr MB Damane Mr NH Gumede iGas:Mr MB Damane - Chair Dr Z Rustomjee Mr MW Mkhize Mr M Zimela Mr K Roelofse (Alternate) Mr Y Tenza Ms EC Marabwa (Alternate) OPCSA:Mr MB Damane - Chair Mr PD Coetzee - CEO Ms A Osman Mr S Madondo Mr R Singh SANERI:Mr MB Damane – Chair Mr K Nassiep – CEO Ms N Magubane Mr S Tyatya Dr C Cooper Ms N Mlonzi Mr J Marriott Ms M Pyoos Mr I Patel (Alternate) PASA:Mr J Dos Santor Rocha (Chairperson) Ms A Osman Ms N. Qata Mr B Qina (Alternate) Mr T Ramontja Mr M R Xiphu AEMFCMr MB Damane – Chair Mr S Madondo – CEO Mr PD Coetzee Ms A Osman Dr A Surridge Mr MA Mngomezulu Dr Z Rustomjee CEF SustainabilityMr R Singh – Chair Ms A Osman Mr M Tanton Dr C Olver |