Constitution of board committees HUGE GROUP LIMITED (Registration number 2006/023587/06) Share code: HUG ISIN: ZAE000102042 (“Huge” or “the Company”) CONSTITUTION OF BOARD COMMITTEES In accordance with the JSE Listings Requirements, shareholders are advised that the Board has made changes to the constitution of its committees (Committees), which will take effect from 29 July 2020. In making these changes, the Company has taken into account the unique skills and experience of each director, the requirements of the Board and the recommendations of the King IV Report on Corporate Governance (King IV). The Board is satisfied that the membership of its Committees complies with the recommended practices of King IV. Following implementation, the Committees will be constituted as follows: Audit Committee Dennis Gammie (Chairman)1 Brian Armstrong1 Stephen Tredoux1 Craig Lyons1 Nomination Committee Dennis Gammie (Chairman)1 Stephen Tredoux1 Vincent Mokholo2 Social & Ethics Committee Stephen Tredoux (Chairman)1 Craig Lyons1 Vincent Mokholo2 Andy Openshaw3 Samantha Sequeira3 1 Independent Non-Executive Director 2 Non-Executive Director 3 Executive Director Risk Committee Dennis Gammie (Chairman)1 Stephen Tredoux1 Brian Armstrong1 Craig Lyons1 James Herbst3 Andy Openshaw3 Samantha Sequeira3 Remuneration Committee Duarte da Silva (Chairman)1 Dennis Gammie1 Brian Armstrong1 Vincent Mokholo2 Investment Committee Duarte da Silva (Chairman)1 Craig Lyons1 Brian Armstrong1 James Herbst3 Andy Openshaw3 Samantha Sequeira3 1 Independent Non-Executive Director 2 Non-Executive Director 3 Executive Director Dr da Silva was previously party to a consulting services agreement where Huge was the counterparty. This agreement came to an end on 5 May 2020. The Nomination Committee has considered the impact of the termination of this agreement on Dr da Silva’s status as a director, after taking into account the requirements of independence in terms of King IV, and has come to the conclusion that Dr da Silva’s status has changed from non-executive director to independent non-executive director with effect from 29 July 2020. Johannesburg 29 July 2020 Sponsor Nedbank Corporate and Investment Banking Ltd Date: 29-07-2020 04:07:00 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.