SHOPRITE HOLDINGS LIMITED - Feedback on engagement with shareholders

Feedback on engagement with shareholders

Shoprite Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1936/007721/06)
ISIN no: ZAE000012084
JSE share code: SHP
NSX share code: SRH
LUSE share code: SHOPRITE
(“Shoprite Holdings” or “the Company”)

Feedback on engagement with shareholders

Further to the announcement released on SENS on 31 October 2017 relating to Shoprite Holdings’ invitation to
shareholders to engage with the Company on the remuneration policy and the implementation of the remuneration
policy, shareholders are advised that the telephone conference took place on Tuesday, 7 November 2017 as follows:

1.    five shareholders, holding approximately 18% of voteable shares in Shoprite Holdings, participated in the
      telephone conference (“participating shareholders”);

2.    the participating shareholders raised five areas of concern in relation to Shoprite Holdings’ remuneration policy
      and its implementation, with Shoprite Holdings providing appropriate explanations to the participating
      shareholders; and

3.    Shoprite Holdings has further undertaken to formally table the abovementioned areas of concern at its next
      remuneration committee meeting for consideration.

Cape Town
8 November 2017

Sponsor
Nedbank Corporate and Investment Banking

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