# Dr Stanley Segula

Director Strategy and Business Development; incoming Chief Executive Officer effective 1 November 2026

## Career chronology

- **As stated in 2026 company roster: Zimplats Holdings / Zimbabwe Platinum Mines** — Director Strategy and Business Development; incoming Chief Executive Officer effective 1 November 2026. [2026 integrated annual report](<https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03140720-2A1699833>) (PDF physical p.25, management executive biographies)

## Business failures and setbacks

### Bimha ground failure and redevelopment [segula-bimha]

2014–2024 · issuer reported · medium materiality

The issuer reported Bimha’s precautionary closure in 2014 due to unsafe ground and a US$22.9 million write-off for inaccessible/damaged infrastructure in FY2015. The 2026 report says the mine later reached design capacity and its upgrade was completed in June 2024.

**Attribution:** Role overlaps event; causation unproven. CEO or operating-company COO responsibilities overlapped the closure; no source attributes the geological failure to the person.

**Relevance:** Shows both a substantial operational setback and later recovery.

[2014 integrated annual report](<https://www.zimplats.com/data/2018/02/ar2014.pdf>) (note 36, ground conditions and safe withdrawal); [2015 integrated annual report](<https://zimplats.com/v2/wp-content/uploads/2016/06/ar2015.pdf>) (note 24, US$22.9m write-off); [2026 integrated annual report](<https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03140720-2A1699833>) (physical p.4, corporate history and Bimha recovery)

## Industrial safety

### Mupfuti fatality and subsequent safety record [segula-safety]

2024–FY2026 · issuer reported · high materiality

A Zimplats employee died in an underground vehicle accident at Mupfuti on 22 June 2024. The company reported 13 lost-time injuries in FY2025, reducing to four with no fatalities in FY2026; final independent investigation findings were not located.

**Attribution:** Role overlaps event; causation unproven. The person’s relevant group or operating management role overlapped the period; sources do not establish personal fault.

**Relevance:** Relevant to oversight of high-risk mining work.

[2024 integrated annual report](<https://www.zimplats.com/data/2024/09/Zimplats-Final-Annual-Integrated-Report-FY2024-1.pdf>) (Chairman’s letter and CEO safety report, Mupfuti accident); [2026 integrated annual report](<https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03140720-2A1699833>) (physical p.12, FY2026 safety indicators)

## Governance and interests

### Incoming chief executive appointment [segula-transition]

2015 and 2026 · issuer reported · high materiality

The 30 October announcement appoints Segula CEO effective 1 November 2026. It states he had been managing director of the operating subsidiary since May 2015; the 2026 and 2023 annual reports instead state November 2015.

**Attribution:** Individual involvement documented. The appointment is explicit; the earlier start-month conflict remains unresolved.

**Relevance:** Relevant to continuity and leadership succession.

[CEO/director retirement and appointment](<https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03156538-2A1707550>) (p.1, appointment and previous roles); [2026 integrated annual report](<https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03140720-2A1699833>) (physical p.25, Segula biography); [2023 integrated annual report](<https://www.zimplats.com/data/2023/09/ZPM-Website_Zimplats_Holdings.pdf>) (printed p.52, executive biography)

## Suitability for the current role

### Experience relevant to current responsibilities [segula-fit]

Before and during Zimplats role · analyst inference · medium materiality

The issuer reports engineering training and previous roles as operating-company COO and managing director, followed by strategy director from July 2026.

**Attribution:** Responsibility not applicable. Career and qualifications are issuer-reported; the relevance judgment is an inference, not independent confirmation.

**Relevance:** Shows experience pertinent to the assigned leadership role.

[2026 integrated annual report](<https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03140720-2A1699833>) (PDF physical p.25, management executive biographies)

## Evidence gaps

- Separate person-specific topic searches, primary regulator and court records, complete prior-employer histories and independent credential verification remain incomplete.

- The FY2026 annual report management, safety, financial and complaints pages were visually inspected; other cited pages were not all visually inspected.

- The 2024 fatal accident’s final independent investigation and any regulatory outcome were not located.

- The issuer’s 30 October CEO announcement states May 2015 for the subsidiary managing-director start; earlier and 2026 annual biographies state November 2015.
