Directorate update Brait SE (Registered in Malta as a European Company) (Registration No.SE1) Share code: BAT ISIN: LU0011857645 Bond code: WKN: A1Z6XC ISIN: XS1292954812 LEI code: 549300VB8GBX4UO7WG59 (“Brait” or “the Company”) DIRECTORATE UPDATE Shareholders of the Company are advised that Dr Christo Wiese has notified the Brait Board of Directors (“Board”) that, due to time constraints, he has retired effective 8 May 2018 as (i) a Non-Executive Director of Brait’s investee company, New Look, and (ii) as the Non-Executive Chairman of Brait South Africa Proprietary Limited (“BSAL”), which serves as a contracted corporate advisor to Brait. The Board would like to thank Dr Wiese for the contribution he has made in these roles. Dr Wiese will retain his Non-Executive Directorship of Brait and has, effective 8 May 2018, appointed Mr Jacob Wiese as an alternate. The Board further advises that, as provided for in the corporate advisory agreement, it has been agreed that Mr Chris Seabrooke, a Non-Executive Director of Brait and Chairman of its Audit Committee, is appointed (i) as a Non-Executive Director to the boards of Brait’s four main investee companies, namely Virgin Active, Premier, Iceland Foods and New Look; and (ii) as the Non-Executive Chairman of BSAL. Malta 9 May 2018 The Company is primarily listed and admitted to trading on the Euro MTF market of the Luxembourg Stock Exchange and its secondary listing is on the Johannesburg Stock Exchange. Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 09/05/2018 09:00:00 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.