DISCOVERY LIMITED - No change statement, notice of annual general meeting and retirement of a non-executive director

No change statement, notice of annual general meeting and retirement of a non-executive director

DISCOVERY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/007789/06)
Legal Entity Identifier: 378900245A26169C8132
JSE Share code: DSY ISIN: ZAE000022331
JSE Share code: DSBP ISIN: ZAE000158564
JSE Bond company code: DSYI
("Discovery" or the "Group" or the "Company")

NO CHANGE STATEMENT, NOTICE OF ANNUAL GENERAL MEETING AND RETIREMENT OF A NON-EXECUTIVE DIRECTOR

No change statement
Shareholders and noteholders are advised that the Discovery Annual Reporting Suite 2022, which incorporates
the audited annual financial statements for the year ended 30 June 2022 and the integrated annual report, is
available on Discovery's website at https://www.discovery.co.za/corporate/investor-relations. The audited
annual financial statements contain no modifications to the audited results which were released on SENS on
Wednesday, 7 September 2022. The summarised annual financial statements of the Discovery Group for the
year ended 30 June 2022 and the Company's Notice of Annual General Meeting, together with a form of proxy,
were distributed today, 28 October 2022.

Audit Report
We confirm that there have been no changes to the unqualified auditor's report which was referenced in the
audited results announcement and made available to shareholders and noteholders at the Company's
registered office or accessible at www.discovery.co.za/corporate/investor-relations with the accompanying
financial statements on the same date as the release of the audited results.

Notice of the annual general meeting
Notice is hereby given that the twenty third annual general meeting of the Company's ordinary shareholders
will be held in the Auditorium, Ground Floor, 1 Discovery Place, Sandton, and through electronic participation
on Thursday, 1 December 2022 at 12h00 to transact the business as stated in the Notice of Annual General
Meeting forming part of the summarised annual financial statements.

Salient dates

Issuer name                                                                                        Discovery Limited

Type of instrument                                                                                   Ordinary shares

ISIN number                                                                                             ZAE000022331

JSE code                                                                                                         DSY

Meeting type                                                                                  Annual General Meeting

Meeting venue                                                        Auditorium, Ground Floor, 1 Discovery Place and
                                                                                    through electronic participation
                                                                                     
Record date to determine which shareholders are                                              Friday, 21 October 2022
entitled to receive the notice of meeting                                                      

Publication/posting date                                                                     Friday, 28 October 2022  
                                                                     
Last day to trade to determine eligible shareholders that                                  Tuesday, 22 November 2022
may attend, speak and vote at the meeting           
                                   
Record date to determine eligible shareholders that may                                     Friday, 25 November 2022
attend, speak and vote at the meeting
                                                                                                
Meeting deadline date (for administrative purposes,                               12H00 on Tuesday, 29 November 2022
forms of proxy for the meeting to be lodged)*                                                                                 

Meeting date                                                                      12H00 on Thursday, 1 December 2022

Publication of results                                                         On or about Thursday, 1 December 2022

Web site link                                               https://www.discovery.co.za/corporate/investor-relations


*any proxies not lodged by this time must be handed to the chairperson of the annual general meeting
immediately prior to such proxy exercising his/her right to vote at the annual general meeting.

RETIREMENT OF A NON-EXECUTIVE DIRECTOR

In terms of paragraphs 3.59 and 6.39 of the JSE Limited Listings Requirements and Debt Listings
Requirements, shareholders and noteholders are advised that Mr Herman Bosman has indicated his intention
to retire as a non-executive director of the Company and member of the committees on which he serves, with
effect from the conclusion of the Company's upcoming AGM on 1 December 2022. This follows the unbundling
by Rand Merchant Investment Holdings Limited of its shareholding in Discovery that occurred earlier in the
year.

Mr Bosman has served as a non-executive director of the Company since 2014 and has served as the former
chairperson and member of the Risk and Compliance Committee and as a member of the Remuneration
Committee and the Nominations Committee. Mr Bosman will also be retiring as a non-executive director of
Discovery Life Limited, Discovery Health (Pty) Ltd and Discovery Vitality (Pty) Ltd.

Discovery wishes to thank Mr Bosman for his invaluable contribution to the Group over many years and for his
guidance and oversight during the substantial strategic evolution of the Discovery Group. We wish him all the
very best in his future endeavours.


Sandton
28 October 2022

Sponsor and Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 28-10-2022 05:30:00
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