Massmart Holdings Limited – Notice of changes to the Board and Committee Composition

MSM 201709130042A
Notice of changes to the Board and Committee Composition

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 BOARD AND COMMITTEE COMPOSITION

In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, shareholders are advised
that Mr Raboijane Moses Kgosana has resigned as a non-executive director of the Company, member
and Chairman of each of the Massmart Audit and Risk Committees with immediate effect.

UPDATE ON RETIRING DIRECTOR

Shareholders are further referred to the announcement released on 4 July 2017 relating to the retirement
of Mr Chris Seabrooke from the Massmart Board with effect from 31 December 2017. In view of the
aforesaid changes in the composition of the Audit and Risk Committees, Mr Seabrooke, who is currently
the Deputy Chairman and lead independent non-executive director of the Company has agreed to remain
on the Board until such time as is required by the Board, and will, with immediate effect assume the role
of chairman of the Massmart Audit and Risk Committees.

The Board extends its appreciation and thanks to Mr Kgosana for his contribution to the Company during
the last two years.

13 September 2017

Sponsor
Deutsche Securities (SA) Proprietary Limited

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