Changes to the board of directors of Tiger Brands TIGER BRANDS LIMITED (“Tiger Brands” or “the Company”) (Incorporated in the Republic of South Africa) (Registration number 1944/017881/06) Share code: TBS ISIN: ZAE000071080 Changes to the board of directors of Tiger Brands In compliance with section 3.59 of the JSE Limited Listings Requirements, shareholders are advised of the following changes to the Board of directors of the Company: Ms Swazi Tshabalala Ms Swazi Tshabalala has stepped down as independent non-executive director of the Company, with effect from the close of business on 15 August 2018. This follows her appointment as Vice President of Finance and Chief Financial Officer for the African Development Bank. She accordingly also steps down as a member of the Risk and Sustainability Committee of Tiger Brands. Swazi has served on the Board of Tiger Brands since 26 May 2017. The Board extends its gratitude to Ms Tshabalala for her contribution and support to the Company and wishes her well in her future endeavours. Ms Gail Klintworth The Board has appointed Ms Gail Klintworth as independent non- executive director of the Company with effect from today, 16 August 2018. Ms Klintworth obtained her BA degree, majoring in Industrial Psychology, from the University of Witwatersrand and holds an MSt in Sustainability Leadership from the University of Cambridge. She has significant experience across a number of sectors, having worked extensively in South Africa, across Africa and Globally. Ms Klintworth is currently a partner at SYSTEMIQ. Her previous roles include Group Customer Director and Responsible Business Lead, Old Mutual PLC; Global Chief Sustainability Officer, Unilever PLC; Executive Vice President, Global Savoury Category, Unilever; and CEO Unilever South Africa. In addition, Gail has also served on several boards in the NGO and Private Public Partnership arena. The Board welcomes Ms Klintworth and looks forward to her contribution in the future. 16 August 2018 Bryanston Sponsor: J.P. Morgan Equities South Africa Proprietary Limited Date: 16/08/2018 08:40:00 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.