THE SPAR GROUP LIMITED - Changes to board committee

Changes to board committee

The SPAR Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1967/001572/06)
Share Code: SPP
ISIN: ZAE000058517
(“SPAR” or the “Company”)

CHANGES TO BOARD COMMITTEE

SPAR shareholders (“Shareholders”) are referred to the announcement published on SENS on
Wednesday, 16 November 2022, wherein Shareholders were advised, inter alia, of the combination of
the Company’s remuneration and nominations committees into one committee (the “Remuneration
and Nominations Committee”) and that, subject to her re-election as a director of the Company at the
upcoming 2023 annual general meeting, Mrs Marang Mashologu will serve as chairperson of the
Remuneration and Nominations Committee with effect from Tuesday, 14 February 2023.

In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, the board of directors of
SPAR (“Board”) wishes to notify Shareholders of the following interim changes to the nominations
committee with immediate effect:

-   Mr Graham O’Connor, a non-executive director of the Board, will step down as chairman of the
    nominations committee. Mr O’Connor will continue to serve as a member of the nominations
    committee.
-   Mr Mike Bosman, the independent non-executive chairman of the Board, will serve as interim
    chairman of the nominations committee until Tuesday, 14 February 2023, when the Remuneration
    and Nominations Committee will become effective.


Pinetown
10 January 2023

Sponsor
One Capital

Date: 10-01-2023 05:17:00
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