BRAIT SE - Directorate update

Release Date: 09/05/2018 09:00
Code(s): BAT
 
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Directorate update

Brait SE
(Registered in Malta as a European Company)
(Registration No.SE1)
Share code: BAT ISIN: LU0011857645
Bond code: WKN: A1Z6XC ISIN: XS1292954812
LEI code: 549300VB8GBX4UO7WG59
(“Brait” or “the Company”)

DIRECTORATE UPDATE

Shareholders of the Company are advised that Dr Christo Wiese has notified
the Brait Board of Directors (“Board”) that, due to time constraints, he has
retired effective 8 May 2018 as (i) a Non-Executive Director of Brait’s
investee company, New Look, and (ii) as the Non-Executive Chairman of Brait
South Africa Proprietary Limited (“BSAL”), which serves as a contracted
corporate advisor to Brait. The Board would like to thank Dr Wiese for the
contribution he has made in these roles.

Dr Wiese will retain his Non-Executive Directorship of Brait and has,
effective 8 May 2018, appointed Mr Jacob Wiese as an alternate.

The Board further advises that, as provided for in the corporate advisory
agreement, it has been agreed that Mr Chris Seabrooke, a Non-Executive
Director of Brait and Chairman of its Audit Committee, is appointed (i) as a
Non-Executive Director to the boards of Brait’s four main investee companies,
namely Virgin Active, Premier, Iceland Foods and New Look; and (ii) as the
Non-Executive Chairman of BSAL.

Malta
9 May 2018

The Company is primarily listed and admitted to trading on the Euro MTF
market of the Luxembourg Stock Exchange and its secondary listing is on the
Johannesburg Stock Exchange.

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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