Paul Egerton Cluer

Citadel Investment Services (Pty) Ltd. is the South Africa-based investment management subsidiary of Peregrine Holdings Ltd. Headquartered in Sandton, the firm provides investment advisory services to private individual or institutional clients.

Sanlam Investment Management (Pty) Ltd. (SIM) is the asset management subsidiary of Sanlam Life Insurance Ltd., which in turn owned by Sanlam Ltd. (JSE: SLM, OTCMKTS: SLLDY) in South Africa. Headquartered in Bellville, the firm offers a wide range of investment and financial planning solutions and a comprehensive range of local and offshore investment products to end investors, financial planners and institutions. SIM is a signatory to both the Code for Responsible Investing in South Africa (CRISA) and its forerunner, the United Nations-backed Principles of Responsible Investing (UNPRI).

BDO USA LLP operates as an accounting, auditing, and bookkeeping firm. It offers advisory; audit and assurance; digital; and tax services. The company was founded by Maximillian L. Seidman in 1910 and is headquartered in New York, NY.

Industrial Development Corp. of South Africa Ltd. (IDC) is the Government of South Africa's financial management subsidiary, which was founded in 1940 as a self-financing, national development finance institution to promote industrial development and economic growth in South Africa. Headquartered in Johannesburg, IDC provides funds to entrepreneurs starting new enterprises. They are a socially responsible investor and BBBEE supporter which seek to contribute towards improving the quality of life of communities through driving Corporate Social Investment initiatives, trends and solutions that are aligned with their development mandate.

Regarding Capital Management (Pty) Ltd. (RECM) is the asset management subsidiary of Merchant West Investments (Pty) Ltd. in South Africa. The firm was founded in 2003 by Piet Viljoen. Headquartered in Cape Town, RECM provides financial advisory and investment management services to domestic and international private individuals and institutions including pension funds. They manage unit trusts as well as discretionary portfolios.

Abax Investments (Pty) Ltd. (Abax) is an independent, owner-operated investment firm headquartered in Cape Town, South Africa. The firm was founded by Marius van Rooyen and Anthony Sedgwick in 2003. They were formerly known as Polaris Capital South Africa and changed their name to Abax Investments (Pty) Ltd. in 2010. The firm is dedicated exclusively to fund management. Abax is a signatory to the PRI, a UN-supported network of investors working to promote sustainable investment.

Element Investment Managers (Pty) Ltd. (EIM), formerly known as Frater Asset Management, is an independent, owner-managed specialist investment management firm which was established in 1998. Located in Cape Town, South Africa, EIM provides discretionary investment management services to private individuals, institutions and retirement funds. In addition to segregated portfolios, they manage a range of unit trust and pooled funds. EIM manages Shari'ah-compliant investment portfolios on behalf of Islamic investors.

Prescient Investment Management (Pty) Ltd. (PIM) is the investment management subsidiary of Prescient Holdings (Pty) Ltd., itself is a subsidiary of PBT Group Ltd. (JSE: PBG) in South Africa. The firm was founded by Herman Steyn and Guy Toms in 1998. Headquartered in Cape Town, PIM manages money on behalf of retirement funds and vehicles, medical aid schemes, corporate entities, trusts, and individuals.

Part of JPMorgan Chase & Co., JPMorgan Equities South Africa (Pty) Ltd. is a South African company that provides brokerage services. The company is based in Johannesburg, South Africa.

UBS South Africa (Pty) Ltd. (UBSSA) is the broker subsidiary of UBS AG, which is ultimately held by UBS Group AG (NYSE: UBS). The firm is headquartered in Johannesburg. UBSSA provides brokerage services to private, institutional and corporate clients.

Part of Investec Ltd., Investec Securities (Pty) Ltd. is a brokerage services provider. The company is based in Sandton, South Africa.

Cadiz Asset Management (Pty) Ltd. (Cadiz) is an investment management firm headquartered in Cape Town, South Africa. The firm was founded in 1996 as Cadiz African Harvest Asset Management (Pty) Ltd. They are owned by Warwick Private Clients (Pty) Ltd. Cadiz manages assets for both individual and institutional clients.

Part of Investec Ltd., Investec Property Group Ltd. is a South African company that provides property management and development services. The company is based in Bloemfontein, South Africa. The company was founded by Marc Wainer.

Peregrine Capital (Pty) Ltd. (Peregrine Capital) is a hedge fund management firm headquartered in Johannesburg, South Africa. The firm was founded in 1998 and is a subsidiary of Peregrine SA Holdings Pty Ltd., ultimately owned by Capitalworks Investment Partners (Pty) Ltd. Peregrine manages a range of hedge funds focused primarily on South African listed equities.

Aeon Investment Management (Pty) Ltd. provides investment advice. The private company is based in Claremont, South Africa. and has subsidiaries in South Africa. The South African company was founded in 2005 by Asief Mohamed. Tshego Dichabe has been the CEO of the company since 2021.

Mergence Investment Managers (Pty) Ltd. (Mergence) is an asset management and holding firm headquartered in Cape Town, South Africa. The firm was founded in 2004 by Masimo-a-badimo Magerman. Mergence provides investment management services to a range of institutional clients, such as pension funds, government agencies, fund of funds managers and multi managers in South Africa. The firm is a socially responsible investor and a signatory to the United Nations Principles of Responsible Investment, which incorporate environmental, social, and governance issues into their investment process.

SBG Securities (Pty) Ltd. is a brokerage firm headquartered in Johannesburg, South Africa. The firm was founded in 1972 and is a subsidiary of Standard Bank Group Ltd. (JSE: SBK). SBG Securities provides a range of trading services and investment solutions to individual clients. Their key offerings are: Advisory, Discretionary, and Execution only.

First Avenue Investment Management (Pty) Ltd. is an independent investment management firm headquartered in Johannesburg, South Africa. The firm was founded in 2010 by Hlelo Giyose. They offer asset management services to individual and institutional clients.

Nedgroup Private Wealth (Pty) Ltd. (NPW) is a full-service boutique private bank and wealth manager headquartered in Sandton, South Africa. The firm was founded in 2012 and is a subsidiary of Nedbank Group Ltd. (JSE: NED). NPW provides tailored service across wealth planning, investment management and private banking for discerning high-net-worth individuals, families and trustees.

Afterguard Investments Pty Ltd (Afterguard) is a private equity company founded in 2007 by Pete Judge, Nobby Stiles and Mark Heerden located in South Africa.

Foord Asset Management (Singapore) Pte Ltd. (Foord Singapore) is the Singapore-based asset management subsidiary of Foord Asset Management (Pty) Ltd. in South Africa. The firm was founded in 2012 and is headquartered in Singapore. Foord Singapore manages asset allocation and single asset class portfolios for institutional and retail investors.

RAC Investment Holdings Pty Ltd. operates as an investment holding company. The company is headquartered in South Africa.

Evans & Partners Pty Ltd. (Investment Management) (Evans & Partners-IM) is the investment management division of Evans & Partners Pty Ltd., a brokerage firm headquartered in Melbourne, Australia. The firm was founded by Paul Ryan and Mike Hawkins in 2007. Evans & Partners-IM offers extensive investment solutions for private high-net-worth individuals and institutional clients.

Goldrush Group (Pty) Ltd. engages in the provision of gaming entertainment services. The firm operates Limited Pay-out Machines (LPMs), Viva Bingo, and G-BETS. The company was founded in 1998 and is headquartered in Roodepoort, South Africa.

Livingstone Investments Pty Ltd. provides investment services. The company is headquartered in North Sydney, Australia.

Claremont Funds Management Pty Ltd. is a boutique fund manager headquartered in Sydney, Australia. Founded in 2007, the firm provides comprehensive wealth and asset management solutions for private clients, institutions and corporations. Claremont Funds Management serves as the investment manager of Claremont Global Fund and Claremont Global Fund (hedged).