www.sibanyestillwater.com
MARKET RELEASE
Resignation of Group Chairman, Mr Sello Moloko and appointment of Dr Vincent Maphai
Johannesburg, 29 May 2019: In accordance with Section 3.59 of the JSE Limited Listings Requirements,
the Board of Sibanye-Stillwater (JSE: SGL and NYSE: SBGL) advises that the current Board Chairman, Mr
Sello Moloko has tendered his resignation, effective 30 September 2019, in order to focus on his other
responsibilities and the ongoing development of the Thesele Group, which he founded in 2005.
Mr Moloko has served as Chairman of the Group since it was established in February 2013 and has
overseen the growth and development of the Group, from a South African gold producer, into a leading
international precious metals company and the Board would like to thank him for his sage counsel and
guidance during this transformative period in the Company’s history.
Mr Moloko commented: “It has been my privilege to lead and participate in the evolution of Sibanye-
Stillwater, from its humble beginnings six years ago, into the unique, globally diversified precious metals
company of today. Having overcome some significant challenges in the last 18 months, and with the
successful conclusion of the shareholder vote to approve the Lonmin acquisition yesterday, I feel
confident that the Group is poised to deliver on its vision of creating superior value for all of our
stakeholders and believe that this is an opportune time to hand the Chairman’s baton on. I wish to thank
my Board colleagues and the management of Sibanye-Stillwater, for the support and camaraderie and
wish them all the best for the next stage in the development of the Company.”
The Board is also pleased to announce the appointment of Dr Vincent Maphai, who will succeed Mr
Moloko as Chairman and Non-executive Independent director, and will be joining the Board as Chairman
designate effective from 1 June 2019. Dr Maphai’s appointment follows an extensive search process and
allows for a suitable handover period in order to ensure continuity. The Board would like to congratulate
and welcome Dr Maphai and looks forward to his valuable contribution to the ongoing development of
Sibanye-Stillwater.
Brief resume of Dr Maphai
Dr Maphai has a distinguished career in academia, the private sector and public service.
Until 30 June 2018, when he retired from full-time work after 48 years, he was a visiting-Professor at Williams
College in Massachusetts. Prior to that served as Corporate Affairs and Transformation Director at the
South African Breweries Limited for 10 years after a five year period as Chairman of BHP Billiton Ltd, South Africa.
Dr Maphai has also been involved in various public policy projects and roles including the National
Planning Commission, the Presidential Review Commission (Chair), and the South African Broadcasting
Corporation (SABC). He served on the Councils of the University of KwaZulu-Natal (Chair), and the
University of South Africa. In an academic career spanning two decades, he has studied and taught at
various universities both locally and internationally.
Sibanye Gold Limited
Trading as Sibanye-Stillwater
Reg. 2002/031431/06
Incorporated in the Republic of South Africa
Share code: SGL
ISIN – ZAE000173951
Issuer code: SGL
(“Sibanye-Stillwater”,”the Company” and/or “the Group”)
Business Address:
Libanon Business Park
1 Hospital Street
(Off Cedar Ave)
Libanon, Westonaria, 1780
Postal Address:
Private Bag X5
Westonaria, 1780
Tel +27 11 278 9600
Fax +27 11 278 9863