Exhibit 99.1
DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
ISIN: ZAE000058723
NYSE trading symbol: DRD
(“
DRDGOLD
” or the “
Company
”)
CHANGES TO THE BOARD COMMITTEES
In compliance
with paragraph
3.59(c) of
the JSE
Limited Listings
Requirements, shareholders
of
DRDGOLD (“
Shareholders
”) are hereby
advised that
with effect
from 22 October
2020, pursuant
to
good corporate governance, the
board of directors of
the Company (“
Board
”) has decided to
restructure
the Company’s Audit and Risk Committee,
and the Remuneration and Nominations Committee
and has
established 4 (four) separate committees (“
Restructure
”). As a result of the Restructure,
Shareholders
are advised of the following changes:
Audit Committee
- Mr Johan
Holtzhausen (chair), Ms Prudence Lebina
and Mr Jean Nel will continue
to serve as
members,
with Ms Charmel Flemming being
appointed as a new member
of the Audit
Committee.
Risk Committee
- Ms Lebina
and Mr
Nel will
continue to
serve as
members with
Ms Flemming,
Mr Tim
othy
Cumming,
and Mr Niel Pretorius being appointed as new members of the
Risk Committee; and
- Mr Holtzhausen
will step down as
a member and chair
of the Risk Committee
and Ms Lebina
will succeed him as the chair of the Risk Committee.
Remuneration Committee (“
Remco
”)
- Ms Thoko
Mnyango and
Mr Edmund Jeneker
will continue
to serve as
members,
whilst
Ms
Lebina and Mr Geoffrey Campbell will step down
as members of the Remco;
- Messrs
Nel, Holtzhausen and Cumming
have been appointed as new members; and
- Mr Nel will succeed
Ms Mnyango as the chair of the Remco.
Nominations Committee (“
Nomco
”)
- Messrs
Campbell (chair) and Jeneker
and Ms Lebina will
continue to serve as
members,
with
Messrs Holtzhausen and Cumming being appointed as
new members of the Nomco; and
- Ms Mnyango will
step down as a member of the Nomco.
Social and Ethics Committee (“
S&E Committee
”)
- Mr Jeneker (chair) and Ms Mnyango will continue
to serve as members with Ms Flemming and
Mr Riaan Davel being appointed as new members of the S&E
Committee; and
- Mr Pretorius will
step down as a member of the S&E Committee.
23 October 2020