Afarak Group — Board/Management Information 2015

Apr 16, 2015

AFARAK

B R B H P

Barry Rourke
FCA
Born 1950

Barry Rourke was a member of the Afarak Board, the Chairman of the Audit Committee and a member of the Remuneration Committee from April 2010 to February 2013. Previously he was an Audit Partner at PWCs for 17 years from 1984 to 2001 where he specialised in the Oil and Gas and Mining sectors. He currently holds a number of non-executive directorships and positions on the audit committees in other listed companies. Barry Rourke has 150,000 Afarak shares.

The information regarding the proposed director required to be disclosed pursuant to the UK Listing Authority's Listing Rule 9.6.13 R:

Current Appointments:

Starting date	Position	Full corporate name
November 2007	Independent member of the Board of Directors; Chairman of the Audit Committee, member of the Real Estate Committee	New World Resources NV
April 2011	Independent member of the Board of Directors; Chairman of the Audit Committee, member of the Real Estate committee	New World Resources PLC
July 2010	Independent member of the Board of Directors; Chairman of the Audit Committee; member of the Remuneration Committee	Avocet Mining plc

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A F A R A K

February 2010	Independent member of the Audit Committee	Department of Energy and Climate Change
September 2008	Independent member of the Coal Liabilities Strategy Board	DECC
September 2012	Independent Member of the Board of Directors; Chairman of the Audit Committee	PJSC TransFin-M

Employment record for the last five years:

From	To	Position	Full corporate name
June 2011	December 2013	Independent member of the Board of Directors; Chairman of the Audit Committee	RusRailLeasing OJSC (Now merged with TransFin-M)
April 2010	February 2013	Independent member of the Board of Directors; Chairman of the Audit Committee; member of the Remuneration Committee	Ruukki Group plc (Currently, Afarak Group Plc)
March 2009	December 2010	Chairman of the Board of Directors	Croydon Economic Development Company, U.K.
April 2007	April 2013	Independent member of the Board of Directors, Chairman of the Audit committee	3Legs Resources plc
August 2006	December 2009	Independent Member of the Board of Directors, Chairman of the Audit Committee	Columbus Acquisitions Corp, U.S.A.
April 2005	March 2011	Independent member of the Board of Directors; Chairman of the Audit Committee	Surrey and Borders Partnership NHS Foundation Trust, U.K.

No further information regarding the proposed director is required to be disclosed pursuant to the UK Listing Authority's Listing Rule 9.6.13 R.

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AFARAK

Dr Alistair Ruiters

BA (Economic History), Ph.D. (Sociology), Born 1964

Alistair Ruiters joined Afarak in November 2009 as Afarak’s South Africa’s Managing Director. Prior to joining the Company, he held numerous positions in the private sector. Before transferring to the private sector in 2005, Dr Ruiters served as a public servant in the new South African democratic government from 1994 to 2005. He has held numerous senior positions in Government including the Commissioner of the Competition Commission and the Director General of the Department of Trade and Industry. He holds a Doctorate from Oxford University.

Alistair Ruiters has served as a director of Metmar Limited from 2007 to 2012. No other information regarding the proposed director is required to be disclosed pursuant to the UK Listing Authority's Listing Rule 9.6.13 R.

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AFARAK

Ivan Jakovčić

BA, Foreign Trade Faculty at the University of Zagreb
Born 1950

Ivan Jakovčić is a Croatian politician and a member of the European Parliament where he is in the Committee on Regional Development, Committee on Agriculture and Rural Development and the Committee of the Regions of the European Union. Prior to joining the European Parliament Mr Jakovčić has held numerous political positions in Croatia where he has been a member of the Croatian Parliament, the President of the Istrian Democratic Assembly and served as Minister of European Integration. Mr Jakovčić does not hold any Afarak shares.

No information regarding the proposed director is required to be disclosed pursuant to the UK Listing Authority's Listing Rule 9.6.13 R.