Mike Benfield - CEO,

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Work Background

Macsteel Service Centres SA (Pty) LtdGroup Chief Executive Officer

Jan. 2018 - Mar. 2025City of Johannesburg, Gauteng, South AfricaReporting to Deputy Non-Executive Chairman of Macsteel Direct Reports: 15 executives Board Member Full Chief Executive Responsibilities 1. Industry representative on Government Industry Committees 2. Industry lobbying 3. Labour Negotiations

Macsteel Service Centres SA (Pty) LtdGroup Chief Financial Officer

Sep. 2015 - Dec. 2017City of Johannesburg, Gauteng, South AfricaReported to CEO and Deputy Non-Executive Chairman of Macsteel (2 Reporting lines) Full financial control and responsibility of this dominant market participant in the Steel Service Centre market in Southern Africa. Business operates branches in every major centre in South Africa, employing 2800 staff members. Business has interests in Sub-Saharan African countries Key focus area are: 1. ICT strategy, working capital management and reposition this Group, coping with the economic factors that confront it. 2. Bridging the divide between Operations and Support Services, ensuring the Group is optimally positioned

MetorexChief Financial Officer

Jun. 2012 - Aug. 2015City of Johannesburg, Gauteng, South AfricaReported to the CEO of Metorex Full financial control and responsibility of this developing Southern African Base Metal mining group with operations in South Africa, Zambia and the Democratic Republic of the Congo (DRC) with a staff compliment of 3000 people and a turnover of between US$400 million and $500 million per annum (depending on the Copper price). Key focus area was the working capital management and ensuring that this is adequately capitalised. Responsible for the roll out and strategic direction of Group Information and Supply Chain Initiatives, with the objective of creating an efficient foundational platform to reduce the operating cost base of the Group. Direct communication with Chinese stakeholders on a continual basis ensuring that sound multi-cultural relationships are maintained. Focused on the entrenchment of Company values in Financial and Operational structures of the Group, paying particular emphasis to financial staff development and enhancing their effectiveness Acted as a Value Integrator across the Group.

Bateman Engineering GroupChief Financial Officer

May. 2010 - May. 2012City of Johannesburg, Gauteng, South AfricaReported to the CEO / Executive Chairman of the Bateman Engineering Group Full financial control and responsibility of this multinational group of companies. Subsidiaries in South Africa, Australia, India, Russia, China, South and North America, with a staff compliment of 1300 people and a turnover of between US$300 million and $500 million per annum. All Business Unit Financial Directors report on a dotted line basis Quarterly reporting / presentations to all Group stakeholders, ranging from Shareholders and Banks to staff. Responsible for the roll out and strategic direction of Group Information systems, the objective being to create an information platform that provides meaningful and timeous management information to all levels of management across the Group. Group Insurance responsibility and the strategic positioning of Bateman to its target market as an Insurance service provider in the Engineering / Construction management market through the establishment of Insurance Cell Captives.

Norse AirChief Financial Officer

Jan. 2006 - Dec. 2007City of Johannesburg, Gauteng, South AfricaReported to the CEO of Norse Air Responsible for Financial & Administrative functions. Team of 7 reporting to me. Overseeing the development of the Group and in particular the corporate structure across Africa and Mauritius. Liaising with Clients on large transactions. Overseeing and developing the control and governance structure of this Multi National group. Liaising with legal advisors on Corporate finance and due diligence assignments / transactions. Arranging finance structures for the group. Managing the insurance program of the aircraft fleet. Supervising and mentoring the Charter Sales area. Performing the Salary administration function. Chairing IT project steering committees. Liaising with Shareholders and other stakeholders. Managing related party transactions ensuring that all Shareholders interests are looked after. On the odd occasion performing the role of a Flight Manager on VIP Charter flights. (a very hands-on CFO) Communicating with all staff on Group news and developments.

Pool ChemicalsSelf Employed

Sep. 2005 - Jan. 2006City of Johannesburg, Gauteng, South AfricaEntered a Pool Chemical business with a partner, after having raised R20 million in capital to recapitalise this business. The shareholders / partners decided to part ways after 2 months after we concluded that the product was not ready for retail exploitation. Acted as a Consultant in the Container Scanning Industry, consulting to a consortium in Mozambique who had been awarded the contract to develop the container-scanning infrastructure in Mozambique. Acted as a Consultant to Super Group in further rounds of the SARS tender adjudication process to provide the Container Scanning infrastructure in South Africa

SupergroupGroup Financial Manager

Sep. 2001 - Aug. 2005City of Johannesburg, Gauteng, South AfricaReported to the Group Managing Director, assisting with general and financial management. Liaising with all Divisional Management on all matters concerning their companies. Preparation of monthly portfolio financial results Facilitation of Portfolio budget process General regional strategic development and implementation Management of the Super Group Insurance program. Ad hoc due diligence’s on target companies Integration of new companies into portfolio. Assisting and guiding divisions through various financial projects. Corporate Governance assessments of subsidiaries Risk Management assessments of divisions. Non-executive director of numerous group companies. Through this role, Mike has gained a very good working knowledge of the following businesses: Dealerships, Full Maintenance Leasing and Cross Border transport and logistics. Joint lead of an 11-year project finance tender submission, which involved liaison with Merchant Bankers and Attorneys with particular emphasis on PPP tenders. Developed the Group’s Material Handling (Forklifts) initiative. Size of area reporting: 1. Revenue – R5 billion 2. Employees – 2 000 3. Budget – Profit before Tax = R380 million.

InvestecGroup Management Accountant

Jul. 1999 - Aug. 2001City of Johannesburg, Gauteng, South AfricaManaged a team of 7 in the management accounting area within the Central accounting area of Investec Bank. Preparing and reporting to monthly management results Preparing Board papers Responsible for the Group budgeting process – from template design to final board approval. Responsible for the regulatory returns to the SA Reserve Bank. This involved gaining a thorough understanding of the regulatory environment and regulatory drivers / prudential limits of the bank. With the introduction of the new banking regulations he had to gain a thorough understanding of the impact of these new regulations on the business of Investec. Overseeing the determining of the daily capital requirements of the Treasury trading Involved in a project to allocate the Banks capital to operating divisions in order to change the measure of performance appraisal. Mike joined Investec to learn about banking and chose a position in central accounts as an ideal training environment. His move into the Group’s Strategic Finance area led to being intrically involved in the Investec Group restructure, which involved: Liaising with foreign tax advisers and foreign legal counsel. Corresponding with various regulatory bodies around the world Restructuring Investec companies

Ster-Kinekor TheatresFinancial Executive

Jan. 1995 - Jun. 1999City of Johannesburg, Gauteng, South Africa

Arthur Andersen & Co.Auditor Senior

Jan. 1991 - Dec. 1994City of Johannesburg, Gauteng, South Africa