Company: KARO
Filing Date: 2025-06-09
Form Type: 20-F
Source: 0001213900-25-052372
Chunk: 117

Company: Karooooo Ltd.
Filing Date: 2025-06-09
Form: 20-F
Item: Item 4A
Chunk 117
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1. Prior to that, Mr. Calisto was a Member of Cell Communications,
a company specializing in the distribution of telecommunication services, from 1994 to 1996. Mr. Calisto also completed an accelerated
training program at Standard Bank, Africa’s largest lender by assets, from 1986 through 1991. Mr. Calisto studied at the University
of South Africa and University of the Witwatersrand.

Hoe Shin Goywas appointed
as Karooooo’s CFO on June 30, 2022. Hoe Shin is a registered Chartered Accountant based in Singapore. Hoe Shin joined Ernst &
Young LLP in 2004 and was with the firm until 2009. She has extensive experience in audit, full spectrum finance and Group financial reporting
throughout the span of her career. Hoe Shin was the Director of Consolidation and Group Reporting for DFS Group, under the Selective Retailing
Maison of LVMH.

Siew Koon Ong(Siew
Koon Lim) was appointed to our board in July 2021 and is currently Karooooo’s Lead Independent Director and the Chair of the Audit
and Risk Committee. Mrs. Lim holds a Bachelor of Accountancy degree from the National University of Singapore and is a Chartered Accountant
and fellow member of the Institute of Singapore Chartered Accountants. Mrs. Lim has 38 years of experience in providing audit and business
advisory services to local companies as well as major public listed companies in a wide range of industries, including banks. She has
led initial public offerings of companies in the retail and lifestyle, manufacturing, construction and property development industries.
Mrs. Lim joined Ernst & Young LLP (then known as Ernst & Whinney) in April 1982 and was a partner of the firm from July 1998 to
June 2019, acting as Chief Financial Officer for a period of 3 years with the responsibility for the firm’s financial and management
accounts. Mrs. Lim is also an independent director of Nanofilm Technologies International Limited, which is listed on the Mainboard of
the SGX, serving as the Lead Independent Director and Chairperson of the Audit Committee and member of the Risk Committee and Nominating
Committee. Mrs. Lim is also an independent director of Maribank (Singapore) Pte Ltd, one of the four digital banks in Singapore. At Maribank,
she is the Lead Independent Director and Chairperson of the Audit Committee. She also sits