1. Mr Don Robertson Acting CEO
Public Safety Information Forum - CEO Presentation
Necsa Visitor Centre
2 March 2019
Mr Don Robertson
Acting CEO

2. PRESENTATION OUTLINE Contents Leadership Changes
NTP Radioisotopes SOC Ltd Developments
Key Turnaround Priorities
Conclusion

3. LEADERSHIP CHANGES
Cabinet approved appointment of the Necsa Board on 5 December, 2018.
Full spectrum of expertise and experienced professionals.
Appointed an Acting Chief Executive Officer from 7 December, 2018.

4. NTP RADIOISOTOPES SOC LTD
NTP mostly shutdown from November 2017 to November 2018
Exacerbated by mismatched expectations and leadership approach between Necsa and NTP.
Resolved by the Ministry of Energy in 2018.
No customers lost, trust based on reliability of supply was severely eroded and market-share lost.
Recovery estimated at least months to rebuild.
Resumed operations in November 2018.
Supplying local and global customers, while simultaneously focussing on improving its safety culture.
This involves matters of enhancing technical and safety training, transparent stakeholder communications.
Also, a review of all policies and procedures to ensure greater accountability at the appropriate levels.

5. KEY TURNAROUND PRIORITIES
Re-focus the organisation on extracting value from nuclear technology development and exploitation in specific impact areas.
Implement new business model to support nuclear research and technology mandate.
Defer nuclear energy mandate to relevant time.
Liquidity and financial sustainability.
Entrenching corporate governance systems.

6. CONCLUSION
The 2017/18 Annual Report is glaring on challenges faced by Necsa.
Commitment from the Board to steer ship on the right track.
Necsa is responsible for South Africa’s critical resources, such as the nuclear reactor.
Employs highly skilled scientists, especially in the nuclear field.

7. Questions?