Changes to the board of directors SHOPRITE HOLDINGS LIMITED (Reg. No. 1936/007721/06) (ISIN: ZAE000012084) (JSE Share code: SHP) (NSX Share code: SRH) (LuSE Share code: SHOPRITE) (“Shoprite Holdings”) CHANGES TO THE BOARD OF DIRECTORS In accordance with section 3.59(a) of the JSE Limited Listings Requirements, shareholders are advised that with effect from 2 July 2018: 1. Mr Marius Bosman will retire as chief financial officer of Shoprite Holdings after more than 25 years of service. He will remain involved as a consultant to Shoprite Holdings inter alia to assist in the completion of the financial statements. As such, Mr Bosman will remain involved in the preparation and completion of the financial accounts for the year-end to June 2018. He will also continue to share his knowledge and experience in a consultancy capacity. 2. Mr Anton de Bruyn will be appointed as chief financial officer. Mr de Bruyn is a qualified chartered accountant and holds B.Com Accounting and B.Compt Hons degrees. He also has more than 15 years’ service within the Shoprite Group, most recently in the capacity of deputy General Manager Group Finance and currently serves on the boards of various main subsidiaries of Shoprite Holdings. The Board wishes to thank Mr Bosman for his valuable contribution during his career and look forward to his continued involvement in the group. The Audit and Risk Committee has considered the experience and expertise of Mr De Bruyn and supports his appointment. The Board is confident that his appointment will add significant value to the financial governance and strategic initiatives of Shoprite Holdings. Mr de Bruyn will act as CFO designate for the next three (3) months and will be appointed as an executive director effective 2 July 2018. Cape Town 5 April 2018 Sponsor Nedbank Corporate and Investment Banking Date: 05/04/2018 08:48:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.