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AFRICAN DAWN ANNUAL REPORT   2020






            Notes to the Financial Statements continued
        Annual Financial Statements For the year ended 29 February 2020



        27. Directors emoluments and prescribed offers

        Executive

        2020 R’000 Company
                                                                                   Directors’ fees
                                                                                    for services as
                                                                                     directors’ of
                                                         Salary          Bonus       subsidiaries          Total
         G Hope                                                -             -                -                     -
         WJ Groenewald#                                        -             -                -               -
         J Slabbert                                          -               -                -               -
         D Danker^                                           -               -                -               -
                                                             -               -                -               -

        # - WJ Groenewald resigned from Afdawn on 31 August 2019 at the same time his role in the subsidiary Elite was converted from executive to
        Non-executive, he now performs consultancy work for Elite via Makalu Capital (Pty) Ltd.
        ^ - D Danker was appointed as a director and CEO on 10 October 2019.

        2019 R’000 Company
                                                                                   Directors’ fees
                                                                                    for services as
                                                                                     directors’ of
                                                         Salary          Bonus       subsidiaries          Total
         WJ Groenewald                                       -               -                 -              -
         G Hope                                              -               -                -               -

                                                             -               -                -               -

        Non-executive
        2020 R’000 Company


                                                                                   Directors’ Fees         Total
         HH Hickey#                                                                          72              72
         V Lessing                                                                          144             144
         SM Roper                                                                           144             144
         B Stagman^                                                                          48              48
                                                                                           408              408

        # - HH Hickey resigned from Afdawn and all subsidiaries on 31 August 2019.
        ^ - B Stagman was appointed as a non-executive director on 30 October 2019.


        2019 R’000 Company
                                                                                   Directors’ Fees         Total
         HH Hickey                                                                          144             144
         V Lessing                                                                          144             144
         SM Roper                                                                           144             144
                                                                                           432              432



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