To our Stakeholders
Johannesburg,27 July 2017

EOH remains strong, with a great leadership team and strong fundamentals. The organisation remains resolute and focused in its purpose of providing value to its clients through the provision of technology solutions, knowledge and skills.

We have an organisation of highly skilled people, with a strong value system, and we are committed to being an ethical, relevant force for good in all the societies that we serve.

In line with our strategy, we continue to drive our organic and acquisitive growth. We have recently had major client successes with significant contract wins in a number of the industry sectors, further bolstering our order book. On the acquisitions front, we will be making announcements shortly, as the transactions reach final close. Our expansion into emerging markets has continued, and provides the ideal platform and channel to take our offerings into these geographies.

EOH’s skills, IP and solutions are particularly relevant to these geographies, providing further growth opportunities into the future.

The recent media reports about EOH have been a cause for great concern for us all. With the assistance of an independent legal firm, we have conducted a review and are satisfied that the insinuations in these reports are false and untrue, and we have repudiated them in the strongest terms.

We are confident that our overall governance, risk and compliance (GRC) framework and processes are robust and strong.

As an additional measure we have nonetheless brought forward the periodic review of our GRC framework, under the leadership of the chairperson of the Audit Committee.

I am personally committed to ensuring sound corporate governance, and that we at EOH continue to conduct our business based on the highest ethical standards, whilst creating value for all our stakeholders.

Yours sincerely,
Zunaid Mayet
Group CEO