Notice of changes to the composition of the Massmart Board Committees and resignation of Company Secretary Massmart Holdings Limited (Incorporated in the Republic of South Africa) Company registration No. 1940/014066/06 JSE Code: MSM ISIN: ZAE 000152617 ("Massmart" or the "Company") NOTICE OF CHANGES TO THE COMPOSITION OF THE MASSMART BOARD COMMITTEES AND RESIGNATION OF COMPANY SECRETARY In accordance with paragraph 3.59 of the JSE Limited Listings Requirements, the Board of Directors of Massmart (the “Board”) wishes to advise shareholders of the following: CHANGES TO BOARD COMMITTEES The Board is pleased to announce the following Board Committee changes following the appointments of Mr. Mohammed Abdool-Samad and Mr. Mitchell (Mitch) Slape, as the Company’s Chief Financial Officer and Chief Executive Officer, respectively: Massmart Risk Committee Mr. Abdool-Samad (Chief Financial Officer) is appointed to serve as a member of Massmart’s Risk Committee with effect from 1 August 2019. Mr. Slape (Chief Executive Officer) is appointed to serve as a member of Massmart’s Risk Committee with effect from 1 September 2019. Massmart Social and Ethics Committee Mr. Slape is appointed to serve as a member of Massmart’s Social and Ethics Committee with effect from 1 September 2019. The Board wishes both Mr. Slape and Mr. Abdool-Samad all of the best and success in their expanded roles on the Board. NOTICE OF RESIGNATION Resignation of Company Secretary – Mr. Joe Ralebepa The Board regrets to announce the resignation of Mr. Joseph (Joe) Ralebepa as the Massmart Group Company Secretary with effect from 31 December 2019. Mr. Ralebepa recently informed the Board of his decision to step down as Massmart’s Group General Counsel and Company Secretary to pursue a new career opportunity outside of the Company in January 2020. Shareholders will be informed of Mr. Ralebepa’s successor in the role of Group Company Secretary in due course. The Board and the Massmart Executive Committee extend their appreciation and thanks to Mr. Ralebepa for his counsel to the Board and invaluable contribution to Massmart during his tenure with the Company. 05 September 2019 Sponsor JP Morgan Equities South Africa (Pty) Ltd Date: 05/09/2019 07:05:00 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.
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