Alexander Mhembere

Career chronology

• As stated in 2026 company roster: Zimplats Holdings / Zimbabwe Platinum Mines — Chief Executive Officer; retiring effective 1 November 2026. 2026 integrated annual report (PDF physical p.25, management executive biographies)

Contributions and company outcomes

Improved FY2026 company results

FY2026 · issuer reported · medium materiality

The company reported FY2026 mined volumes of 8.4 million tonnes, 6E concentrate of 660,000 ounces and pretax profit of US$387.5 million versus US$66.4 million; it identified stronger metal prices as the main driver of profit.

Attribution: Role overlaps event; causation unproven. The person held the reported executive role during the period; the figures do not isolate personal contributions.

Relevance: Demonstrates an operating and financial outcome while highlighting commodity-price effects.

2026 integrated annual report (physical p.11, chairman’s letter; financial and operating performance)

Business failures and setbacks

Bimha ground failure and redevelopment

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 (note 36, ground conditions and safe withdrawal); 2015 integrated annual report (note 24, US$22.9m write-off); 2026 integrated annual report (physical p.4, corporate history and Bimha recovery)

Industrial safety

Mupfuti fatality and subsequent safety record

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 (Chairman’s letter and CEO safety report, Mupfuti accident); 2026 integrated annual report (physical p.12, FY2026 safety indicators)

Environmental record

Community water complaint remained open

FY2026 · disputed · medium materiality

The issuer says a community attributed six cattle deaths at Mupani to water contamination. It reports its own testing found no evidence of contamination and the matter remained open at 30 June 2026 pending independent regulator and veterinary findings.

Attribution: Role overlaps event; causation unproven. The complaint is reported by the company and no source establishes personal responsibility; exact timing within FY2026 and individual involvement are not established.

Relevance: A documented community concern relevant to social and environmental oversight.

2026 integrated annual report (physical p.75 (printed pp.148–149), community complaints and company response)

Governance and interests

Announced CEO retirement

30 October–1 November 2026 · issuer reported · high materiality

The issuer announced on 30 October that Mhembere retires as CEO and executive director effective 1 November 2026 while remaining chair of the operating subsidiary.

Attribution: Individual involvement documented. The effective date and continuing subsidiary chair are expressly reported.

Relevance: The leadership transition occurs immediately after the cutoff.

CEO/director retirement and appointment (p.1, CEO retirement and continuation)

Suitability for the current role

Experience relevant to current responsibilities

Before and during Zimplats role · analyst inference · medium materiality

The issuer states he joined Zimplats as CEO in October 2007, having previously managed Mimosa, and reports ACIS, ACMA and MBA credentials.

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 (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.