MR PRICE GROUP LIMITED - Retirement of director and change in director's responsibilities

Retirement of director and change in director's responsibilities

Mr Price Group Limited
(Registration number 1933/004418/06)
Incorporated in the Republic of South Africa
ISIN: ZAE000200457
JSE share code: MRP
(“Mr Price Group” or “the Group”)

RETIREMENT OF DIRECTOR AND CHANGE IN DIRECTOR’S RESPONSIBILITIES

In compliance with the JSE Limited Listings Requirements, the following information is
disclosed:

Myles Ruck, non-executive Director of the Mr Price Group, chair of the Remuneration and
Nominations Committee (“Remnomco”) and member of the Audit and Compliance Committee,
has advised the Board of Directors (“Board”) that he will not offer himself for re-election at the
August 2018 AGM and will accordingly retire by rotation. Myles will continue his Board and
Committee responsibilities until then.

The Board would like to thank Myles for the significant contribution that he has made to the
Group over the past 11 years.

Independent non-executive director Mark Bowman, who is highly experienced in this regard,
will take over the position of chair of Remnomco immediately after the August AGM.

Durban
7 May 2018

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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