Dealing in securities by a director of a major subsidiary Super Group Limited (Incorporated in the Republic of South Africa) (Registration number: 1943/016107/06) Share code: SPG ISIN: ZAE000161832 (“Super Group”) DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements (“Listings Requirements”), shareholders are advised that a director of major subsidiaries of Super Group has, in terms of the Share Appreciation Right Scheme 2005 (“the Scheme”), been granted share appreciation rights (“SARS”) to receive shares which grants has been accepted. Shareholder approval of the Scheme was obtained at the 2005 Annual General Meeting. All SARS have conditions attached and are subject to the rules of the Scheme. The Remuneration Committee approved the grants and the required clearance in terms of the Listings Requirements was obtained. The Scheme supports the principle of aligning management and shareholder interests. Performance conditions governing the vesting of these SARS are intended to be stretching but achievable. The performance conditions are related to headline earnings per share increasing by 2% per annum above the Consumer Price Inflation Index over the three year performance period ending June 2019. The grants are conditional upon the participant remaining employed during the performance period. The SARS granted to and accepted by the following director vest upon confirmation that the performance conditions have been fulfilled. Nature of Name of director Number of interest SARS Direct, beneficial K Mmutlana (1) 100 000 Date of acceptance 14 October 2016 Nature of transaction Grant and acceptance of SARS Class of securities Ordinary shares Strike Price R42.3300 Vesting date Following approval by the Remuneration Committee based on the audited results for the year ending 30 June 2019 (1) K Mmutlana is a director of Super Group Holdings Proprietary Limited and Super Group Africa Proprietary Limited. Sandton 14 October 2016 Sponsor: Deutsche Securities (SA) Proprietary Limited Date: 14/10/2016 04:53:00 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.