Appointment of Non-Executive Director PEMBURY LIFESTYLE GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 2013/205899/06) (“PL Group” or “the Company”) ISIN Code: ZAE000222949 JSE Code: PEM APPOINTMENT OF NON-EXECUTIVE DIRECTOR PL Group is pleased to announce the appointment of Mr Njabulo Mthembu (“Njabulo”) as a non- executive director with effect from 7 August 2017 pursuant to his nomination by Black Management Forum Investment Company Limited (“BMFI”), as announced on 27 July 2017. Njabulo is the Managing Director of BMFI. He holds holds a BA in economic history and industrial psychology from Natal University, a BS in accounting (Magna cum laude) and a MS (accounting) from Long Island University, New York. He is a member of the American Institute of Certified Public Accountants (CPA). Prior to joining BMFI, he was a partner at Treacle Private Equity, a venture capital and private equity firm for nine years. He also served as a senior deal maker in the Venture Capital unit of the Industrial Development Corporation. He was previously a senior associate at Deloitte and Touche, New York, where he managed audit engagements for companies in diverse industries including Leveraged Buyout Funds. His professional experience includes capital raising, assessing and structuring investments, performing due diligence investigations and post investment monitoring. Njabulo has concluded transactions in the IT, Telecoms, Services, Software, Food and High Tech industries. He has served on the boards of publicly traded and private companies including an assignment as executive committee and board member of the Southern African Private Equity & Venture Capital Association (SAVCA). He currently serves on the boards Computershare South Africa (Pty) Ltd, Strategic Partners Group (Pty) Ltd and Sunfield Fortuna. The directors extend a warm welcome to Njabulo to the board of PL Group and look forward to working with him going forward. BY ORDER OF THE BOARD Johannesburg 7 August 2017 Designated Advisor Arbor Capital Sponsors Date: 07/08/2017 04:50:00 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.