Exxaro Resources Limited

Well, a very good morning, ladies and gentlemen. Welcome to the Exaro 2024 Financial Year End Results. A warm welcome to those of you watching from our LinkedIn page. My name is Sonabi Zemzinyati. I am the Acting Chief Investor Relations and Liaison Officer for Exaro, and I have the pleasure of facilitating the engagements for today. As you know, at Exaro, we always begin our meetings with a safety briefing. Therefore, please pay attention to the following. We have not planned any emergency drill for today. If for some reason the alarm is activated, please remain calm and exit the building using the emergency exit doors. The assembly point is in front of the building and this is where the roll call will be conducted. We will all remain at the assembly point until instructions are issued to re-enter the building. In the event of this situation, please note that visitors should always be accompanied by their host. For our bathroom facilities, when you step outside the auditorium, turn to your right, and then first left, the restrooms will be on your right-hand side. Smoking is prohibited inside this building. There are smoking areas allocated outside of the building. In the event of load shedding or power outage, please do not panic as we have generators on site which will kick in within three minutes, starting with the emergency lights, plugs, and then the Wi-Fi. Please take note of our disclaimer. Our agenda for today will cover our group performance overview, coal operational performance, group financial performance, And finally, we will provide our outlook for the year 2025. Our speakers for today, to my right, is Rian Kopperskar, our Acting CEO and Finance Director. He is joined by Mervyn Govender, our Acting Chief Coal Operations Officer. Later on, you will also hear from Leon Grunewald, who is our Managing Director for Energy. With that, over to you, Rian.

Thank you, Sonwa. Good morning, ladies and gentlemen. A special welcome to members of the board present here today and the Pensioners Club, whose support we always appreciate. As you know, I've been acting as the CEO since the 4th of December last year. following the precautionary suspension and subsequent resignation of the CEO. As you saw this morning, the board has appointed a new CEO, Mr. Ben McGarroch. Ben is also here with us. Ben, you can perhaps put your hand up. But just on serious matters, so as displayed. In the past few months, the board takes its fiduciary duties in overseeing the activities of the company very seriously, and our stakeholders are assured that Exaro will take the appropriate steps to investigate all allegations, whether received from our tip-off line or directly to us as management or other channels within the organization. As you've also been informed by the board, our chief coal operations officer, Mr. Gabi Macia, is still under precautionary suspension pending an independent investigation by the law firm Bowman's. So to reiterate the board's view, this is a suspension and neutral act that presumes no outcome.

Welcome to Corus Coal.