Appointment of Chief Financial Officer and Change to the Executive Responsibilities of an Executive Director Libstar Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 2014/032444/06) (JSE share code: LBR) (ISIN: ZAE000250239) ("Libstar" or the “Company”) APPOINTMENT OF CHIEF FINANCIAL OFFICER AND CHANGE TO THE EXECUTIVE RESPONSIBILITIES OF AN EXECUTIVE DIRECTOR In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, shareholders are hereby advised that Mr Charl de Villiers has been promoted to the position of Group Chief Financial Officer (CFO) and will be appointed to the Board as an Executive Director with effect from 1 January 2020. Mr de Villiers has been a part of the management team since joining Libstar in October 2017 as Senior Financial Executive, with responsibility for all aspects of finance, financial control, tax, accounting and reporting for the Company. Mr de Villiers succeeds the current CFO, Mr Robin Smith. Mr Smith will remain an Executive Director of Libstar and will assume a broader commercial leadership role within the Company whilst also ensuring a smooth transition of the CFO position. The Libstar board congratulates Mr de Villiers on his appointment and wishes him well in his new role. Johannesburg 17 December 2019 Date: 17-12-2019 02:05:00 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.