MR PRICE GROUP LIMITED - Further update on the acquisition of NKD Group GmbH and details of investor presentation

Further update on the acquisition of NKD Group GmbH and details of investor presentation

MR PRICE GROUP LIMITED
Registration number 1933/004418/06
Incorporated in the Republic of South Africa
ISIN: ZAE000200457
LEI number: 378900D3417C35C5D733
JSE and A2X share code: MRP
("Mr Price Group" or "Company")


FURTHER UPDATE ON THE ACQUISITION OF NKD GROUP GMBH AND DETAILS OF INVESTOR PRESENTATION

1. Completion of regulatory conditions

Shareholders are referred to the Stock Exchange News Service announcements released on 10
December 2025 and the update announcements released on 23 December 2025 and 23 January 2026
respectively, regarding the acquisition by Mr Price Group, through an indirect wholly owned German
subsidiary, of 100% of the shares of Pegasus Group Holding GmbH, which trades as the retail business
of NKD Group GmbH ("NKD") (the "Transaction").

Shareholders are advised that all regulatory conditions have now been fulfilled, and accordingly the
Transaction has become unconditional, subject only to the condition precedent of the payment of the
purchase consideration.

In terms of the Transaction agreement, the scheduled closing date is 31 March 2026.

2. Investor presentation

Shareholders are further advised that the investor presentation to provide further insight into NKD
and its growth prospects will take place on 17 March 2026 in Cape Town from 09:30am to 12:30pm
SAST.

The live webcast of the presentation for remote participants can be viewed through the following link:
https://www.corpcam.com/MrPriceGroup17032026CMP

The presentation slides will also be made available on the Group website upon commencement of the
presentation: https://mrpricegroup.com/investor-relations/

Durban

23 February 2026

Financial Advisor, Corporate Broker and JSE Transaction Sponsor: Investec Bank Limited

Date: 23-02-2026 03:00:00
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