CEO’s Medical Leave, Management Update and Interim Structure Imperial Holdings Limited (Incorporated in the Republic of South Africa) Registration number: 1946/021048/06 ISIN: ZAE000067211 Share code: IPL (”Imperial” or the “Company’ or the “Group”) CEO’s medical leave, management update and interim structure Shareholders are advised that Imperial’s Chief Executive Officer (‘CEO’), Osman Arbee is currently on medical leave. At the end of June 2018 he underwent surgery. The surgery was successful but Osman subsequently suffered a minor stroke which has resulted in his recovery period being longer than previously anticipated. Osman was discharged from hospital a few weeks ago and is expected to fully recover. He is expected to be back at work in January 2019 and continue in his role as CEO of Motus. During his recovery period, Osman will be available to management to advise on strategic matters. In the interim, the proposed unbundling of Motus remains on track and will continue as previously announced. The management structures of both Imperial Holdings and Motus, and the current Motus finance structure are sufficient to provide appropriate support during Osman’s absence. Management update and interim structure Mohammed Akoojee will be appointed acting CEO of Imperial Holdings, in addition to his role as the Chief Financial Officer (‘CFO’), until the conclusion of the unbundling. Mohammed, who joined the Imperial Group in 2009, was appointed Group CFO on 1 March 2017 and previously served as CEO of the Imperial Logistics African Regions business, and executive director responsible for mergers, acquisitions, strategy and investor relations for the Group. On conclusion of the unbundling, he will be appointed as the CEO Designate of Imperial Logistics. During Osman’s absence, Ockert Janse van Rensburg will be acting CEO of Motus in addition to his role as the CFO of Motus. Ockert has been with the Imperial Group since January 2015, where he previously served as CFO of the Vehicle Import and Distribution business prior to being appointed as CFO of Motus in January 2017. Prior to joining Imperial, he was the CFO of Foodcorp Holdings, a large multinational food manufacturing and distribution company, for seven years and also held the position as partner of PricewaterhouseCoopers Inc. Ockert is supported by a strong management team at Motus, who have combined experience in the automotive industry in excess of 150 years. As previously announced, Marius Swanepoel will continue to serve as the CEO of Imperial Logistics and will undertake the role of the CEO of Imperial which will be renamed Imperial Logistics on conclusion of the unbundling. Marius will retire as CEO in June 2019 and will remain as director to 31 December 2019. Mohammed Akoojee will succeed Marius as CEO with effect from 1 July 2019. Results The Group’s annual results for the 12 months ended 30 June 2018 will be presented to the market on 21 August 2018 as originally scheduled. Bedfordview 30 July 2018 Sponsor: Merrill Lynch South Africa (Pty) Limited Date: 30/07/2018 09:00:00 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.