The Board of Directors of Zimplow Holdings Limited hereby announces the following changes to the Group’s Executive
Management team.

The resignation of Mr. Willem Swan as the Group Chief Executive Officer (GCEO) of Zimplow Holdings Limited with effect from 1 May
2026. The Board wishes to convey its gratitude to him for his service to the Group over the past six years. We wish him well in his
future endeavours. Further, the Board wishes to advise the following:

The appointment of Mr. Charles Chaibva as the Acting Group Chief Executive Officer with effect from 1 May 2026. He is currently the
Group Commercial Director of Zimplow Holdings Limited. Charles is a Chartered Accountant and member of the Institute of
Chartered Accountants of Zimbabwe (ICAZ) and the Public Accountants and Auditors Board (PAAB). He is a holder of a post graduate
Honours in Accounting Science attained from the University of South Africa (UNISA). He possesses over ten years working
experience covering aspects including but not limited to financial management, financial reporting and auditing in various
economic sectors such as the mining and automotive industries. Prior to his appointment as the Group Commercial Director, he
was the Chief Finance Officer (GCFO) of Zimplow Holdings Limited. The Board of Directors wishes him the best in the
above-mentioned role.

BY ORDER OF THE BOARD

Sharon Manangazira
Group Company Secretary
REGISTERED HEAD OFFICE
No. 36 Birmingham Road
Southerton
01 October 2025

Download the official statement below (PDF)

Zimplow Notice of Executive Changes