Our Leadership ♦ Petra Diamonds

Board of Directors
Senior Management

Petra is headed by an effective Board, with the appropriate balance of skills, independence and knowledge of the Company to properly discharge its responsibilities and duties.

Kushal Kumar

Chair of the Audit & Risk Committee

Committees: Audit & Risk, Investment, Nomination, Remuneration, SH&S

Appointment date:28 November 2025

Experience:Mr Kumar has over 30 years’ experience in the international financial markets across Investment Management, Credit Markets and Corporate Banking. This included Lehman Brothers in London (European Credit Markets, April 2001- January 2008), JP Morgan & Bank of America in Hong Kong (Asian Bond and Loan markets, 1997-2001) and American Express Bank in India (Corporate Banking for India and Indonesia, 1993-1997). In 2008, he co-founded Numen Capital LLP which managed investments into European Special Situations and co-managed this until 2015 when he sold his stake in the business. Additionally, he operates as a private investor where he is engaged either as a board member and/or as an active shareholder at several UK/European early-stage companies across challenger banks and IP-based engineering ventures being spun out of UK universities.

External Appointments:Mr Kumar is currently active on the advisory board for UK-based asset managers and a UHNWI family office. He is also involved in developing and growing an algorithmic oriented business for Investment Management into liquid asset classes. Mr Kumar is also a member of the Kyma Capital Limited Advisory Board. Kyma Capital is a major holder of both the Company’s bonds and shares

Jose Manuel Vargas, Presidente Director General De Aena

José Manuel Vargas

Chair of Investment, Remuneration and Nomination Committees

Committees: Investment (Chair), Nomination, Remuneration (Chair)

Appointment date:January 2024 and, as Non-Executive Chair, November 2024

Experience:José Manuel has extensive executive and Board experience across a range of sectors. From 2020 until January 2024, he was CEO of MAXAM, a leading explosives manufacturer. Before that José Manuel was the Chair and CEO of Aena SME S.A., leading its restructuring, partial privatization and IPO in 2015. Prior to joining Aena, he held senior management positions at Vocento S.A., where he served as CFO until his promotion to CEO. He also served as CFO and General Secretary of JOTSA (part of the Philipp Holzmann Group). and has been on the boards of several other companies including Aena, Vocento, Diario ABC, Cadena COPE, Net TV, Diario El Correo and Wellbore Integrity Solutions LLC.

Qualifications:

Economics and Business Sciences, University of Madrid
Degree in Law, UNED (Universidad Nacional de Educación a Distancia)
Licensed attorney (Madrid Bar Association)
Chartered Accountant

External Appointments:José Manuel is Chair of MAXAM, serves on the Board of Directors of Fluidra S.A. and ASK Chemicals and is a Managing Director of Rhone Capital

Shareholding:JOSIVAR Sarl, an entity that is wholly-owned by José Manuel, is a significant shareholder of the Company, currently holding c. 11.39% of the Company’s issued share capital.

Lerato Molebatsi

Chair of Safety, Health and Sustainability Committee

Committees: SH&S (Chair), Audit & Risk, Investment, Nomination and Remuneration

Appointment date:April 2023

Experience:Lerato has extensive executive and non-executive experience across a range of sectors in South Africa, including on ESG, corporate social investments and black economic empowerment. From 2016 to 2019, Lerato was the CEO of General Electric South Africa, and prior to this appointment, was the Executive VP for Communications and Public Affairs at Lonmin plc. Other private sector positions Lerato has held include senior positions at Old Mutual and Sanlam. Lerato has extensive public sector expertise, having previously been appointed as a Special Adviser to South Africa’s Minister of Transport as well as Deputy Director-General (Corporate Services) at the Department of Labour.

Qualifications:

BA in Psychology, University of Johannesburg, South Africa
Senior Executive Leadership Programme for Africa, Harvard University, United States
Diploma in Senior Management Development, University of Stellenbosch Business School, South Africa
Diploma in Rural Development Programme, University of the Witwatersrand

External Appointments:Lerato is the lead independent Non-Executive Director of the South African Reserve Bank and is an independent Non-Executive Director of Spur Corporation, the JSE-listed restaurant franchiser, where she is also Chair of the Social, Ethics and Environmental Sustainability Committee. Lerato is also a member of the Remuneration Committee of South Africa’s Financial Sector Conduct Authority.

Petra’s senior management sit on Exco, holding monthly meetings with the Joint Interim CEOs and CFO to assist them in their duties and in dealing with the day to day activities of the Company’s business.

Cyril Dakada

Chief Operating Officer

Experience:Cyril joined Petra in December 2012 as a Mine Engineer at Cullinan Diamond Mine. His career progressed at Cullinan Diamond Mine to the key roles of Engineering Manager, Plant Manager and the position of Acting General Manager. He spearheaded Engineering Maintenance Management, Plant Operations and Project Management initiatives competently, offering technical expertise to management and subordinates alike to optimise operations and functions of the mine. Before his transition to Finsch Diamond Mine in 2025, Cyril served as the Business Improvement Lead at the Petra Group Office, focusing on enhancing operational performance across the organisation. Cyril brings over 20 years of technical and leadership experience in the diamond and platinum mining sectors to his role as General Manager of Finsch Diamond Mine. He is a highly accomplished leader with expertise spanning engineering management, plant operations, and business improvement. He can skilfully balance organisational objectives, Health, Safety & Environmental (HSE) performance and stakeholder relationships; strategising and implementing ways in which to achieve and maintain overall operational excellence. Cyril’s strategic mindset and operational acumen are invaluable in steering Finsch Diamond Mine towards continued efficiency and growth.

Qualifications:Senior Management Development Programme (SMDP); University of Stellenbosch – Executive Development, 2018 Masters in Engineering, Engineering Management; University of Pretoria, 2017 Bachelor of Science in Engineering: Mechanical Engineering; University of the Witwatersrand, Johannesburg, 2004

Vivek Gadodia

CEO

Member of Exco

Role:Vivek joined Petra Diamonds in August 2021. He heads up the Planning and Corporate Development function, which includes corporate strategy formulation, business development, business planning & corporate finance.

Experience:Vivek has nearly two decades of experience in the extractives industry and joined Petra in August 2021 as Head of Corporate Development, working closely with the CEO and CFO. Subsequently, he was appointed as the Planning & Corporate Development Executive in March 2024. In this role, he has overseen the sale of the Koffiefontein mine in South Africa and, more recently, the Williamson mine in Tanzania. Vivek was instrumental in the replanning work associated with the streamlining and re-engineering of Peta’s operations and capital replanning in 2024 which has led to significant cost savings and improved operating performance. In December 2024, Vivek was appointed as Chief Restructuring Officer to oversee a further streamlining of the business aimed at improved cash flow generation. In February 2025, Vivek became Joint-Interim CEO responsible for all corporate matters. This became a permanent role in November 2025. As a qualified Process Engineer, Vivek spent nearly 15 years with Sasol prior to joining Petra where he filled a number of engineering, project management & corporate positions.

Qualifications:

BSc Eng (Hons) in Chemical Engineering from the University of KwaZulu-Natal, South Africa.

Johan Snyman

Chief Financial Officer

Member of Exco

Role:Johan joined Petra in January 2024 as Group Financial Controller and was appointed to the role of Chief Financial Officer from the 1st October 2024.

Experience:Johan brings a wealth of expertise and leadership to his role, underscored by a distinguished tenure at AngloGold Ashanti Limited. In his most recent capacity as Vice President: Group Financial Reporting, Johan helmed pivotal finance-related divisions, including group financial reporting, finance systems, and shared services. Johan played an instrumental role in the strategic redomiciliation of the AngloGold Ashanti group to the United Kingdom, a complex manoeuvre that he executed with success. Johan’s strategic foresight, combined with his comprehensive experience, positions him as a key asset to our team, bringing a depth of knowledge and a proven track record of success in finance and corporate management.

Qualifications:

Chartered Accountant (SA); Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW)
B.Com (Hons), University of Pretoria
Executive Masters in Business Administration, University of Cape Town