Reconstitution of Board Committees THE BIDVEST GROUP LIMITED (“Bidvest”) (Registration number 1946/021180/06) Share code: BVT ISIN ZAE 000117321 RECONSTITUTION OF BOARD COMMITTEES As a result of the unbundling of the food business from Bidvest, the board has resolved to reconstitute the board committees, with immediate effect, as follows: Audit committee: - Nigel George Payne –Chairman; - Paul Cambo Baloyi – member; - Eric Kevin Diack – member; - Sibongile Masinga – member. Risk committee: - Paul Cambo Baloyi - Chairman; - Nigel George Payne – member; - Alexander Komape Maditsi - member - Nompumelelo (Mpumi) Themekile Madisa - member; - Gillian Claire McMahon - member; - Hans Peter Meijer - member; - Lindsay Peter Ralphs - member; - Tania Slabbert – member. Social & Ethics committee: - Paul Cambo Baloyi - Chairman; - Nigel George Payne – member; - Alexander Komape Maditsi - member; - Nompumelelo (Mpumi) Themekile Madisa - member; - Gillian Claire McMahon - member; - Hans Peter Meijer - member; - Lindsay Peter Ralphs - member; - Tania Slabbert – member. Remuneration committee: - Douglas Denoon Balharrie Band – Chairman; - Alexander Komape Maditsi – member; - Sibongile Masinga – member; - Cecilia Wendy Lorato Phalatse – member; - Nigel George Payne– member. Nominations committee: - Cecilia Wendy Lorato Phalatse – Chairman; - Eric Kevin Diack – member; - Tania Slabbert – member. Acquisitions committee: - Douglas Denoon Balharrie Band – Chairman; - Paul Cambo Baloyi – member; - Eric Kevin Diack – member; - Hans Peter Meijer - member; - Nigel George Payne– member. - Lindsay Peter Ralphs – member. Date: May 30 2016 Johannesburg Sponsor: Investec Date: 30/05/2016 10:55:00 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.