Senwesbel Condensed Annual Report 2020 | Page 7

PROSPECTS The intention of the board is to continue with the strategies implemented over the past number of years relating to both value creation and the unlocking of value, which include: l Repurchase of Senwesbel shares; l Buying and/or selling of Senwes shares; l Co-operation with other entities in the agri-industry; l Supporting Senwes in the further expansion of operations and investments; and l Evaluation of the continued appropriateness of the current governance structure. ACKNOWLEDGEMENTS I would like to thank the directors, personnel and management of Senwes and Senwesbel for your unfailing commitment and passion in the execution of your duties. We would like to thank Tom van Rooyen in particular, who will be retiring as a director at this annual general meeting, for his selfless contributions and support to Senwesbel and Senwes over the past number of years. We once again have to humbly acknowledge and thank our Heavenly Father, who guides us and through whom nothing is impossible. It is therefore my privilege to present these statements and report to you. AJ KRUGER Chairman Klerksdorp 14 July 2020 Senwesbel Limited Reg nr: 1996/017629/06 SENWESBEL CONDENSED ANNUAL REPORT 2020 6