Changes to the Board of Directors and Audit Committee Lewis Group Limited Incorporated in the Republic of South Africa Registration Number: 2004/009817/06 JSE Share Code: LEW ISIN: ZAE000058236 (“the group”) CHANGES TO THE BOARD OF DIRECTORS AND AUDIT COMMITTEE INDEPENDENT NON-EXECUTIVE CHAIRMAN As communicated to shareholders on SENS on 24 May 2017, independent non- executive chairman David Nurek advised the board of his plans to retire through a managed succession plan after serving as a director and chairman since the group’s listing on the JSE in 2004. Mr Nurek will retire as a director with effect from 30 November 2017. The board has elected Hilton Saven to succeed Mr Nurek as chairman effective 30 November 2017. Mr Saven has been an independent non-executive director since 2004 and chairs the group’s audit and risk committees, as well as serving on the remuneration and nominations committees. “The board extends its sincere thanks to Mr Nurek for his service to the group over the past 13 years and for his decisive and insightful leadership of the board. We congratulate Hilton on his appointment as chairman and believe his experience as a businessman and company director will ensure continuity in the leadership of the board.” APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR Duncan Westcott has been appointed as an independent non-executive director and member of the audit committee with effect from 1 December 2017. He has also been elected as chairman of the audit committee to succeed Mr Saven, following his appointment as chairman of the board. Mr Saven remains a member of the Audit committee. Mr Westcott served as a partner of PricewaterhouseCoopers for over 20 years where his roles included national staff partner, national head of small business practice and lead partner of transaction services in the Western Cape. He also has extensive financial and commercial experience. Mr Westcott is a non-executive director of Standard Bank Mauritius where he serves as chairman of the audit committee and a member of the risk and credit committees. “The board welcomes Duncan and looks forward to benefiting from his vast experience in the accounting profession and business world.” BOARD COMPOSITION Following the above changes the composition of the board is as follows: Hilton Saven Independent non-executive/Chairman Fatima Abrahams Independent non-executive Adheera Bodasing Non-executive Daphne Motsepe Independent non-executive Alan Smart Independent non-executive Duncan Westcott Independent non-executive Johan Enslin Executive/Chief executive officer Les Davies Executive/Chief financial officer Cape Town 30 November 2017 Sponsor UBS South Africa (Pty) Ltd Date: 30/11/2017 05:15:00 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.