Resignation of a director HUGE GROUP LIMITED (Registration number 2006/023587/06) Share code: HUG ISIN: ZAE000102042 (“Huge” or “the Company”) RESIGNATION OF A DIRECTOR In terms of section 3.59 of the JSE Limited Listings Requirements, the board of directors of the Company (the Board) advises that Mr Zunaid Bulbulia has resigned as a director of Huge and its subsidiary companies. His resignation will take effect from 31 December 2018. Zunaid has also resigned as an employee of Huge, where he held the position of Chief Financial Officer. The Company has however entered into a consulting arrangement with Zunaid for the provision of services. Zunaid is involved in numerous other ventures, which require his input on a daily basis. He is an adjunct professor at the Wits Business School, he is joining a private investment holding company in the telecoms sector, he is an advisory board member to the Gauteng Division of FNB Islamic Bank and he is an advisory board member to the Kirusa Group of Companies, headquartered in New Jersey, USA. Huge’s growth trajectory necessitates the services of a dedicated and Full Time Chief Financial Officer. For this reason the Company and Zunaid have agreed on a change in his relationship from employee to consultant. The Company has identified a number of suitable candidates for the post of Chief Financial Officer and has been engaging actively with one candidate. Zunaid will work with the Company with a view to handing over his finance responsibilities to the successful candidate. Johannesburg 31 December 2018 Sponsor Questco Corporate Advisory (Pty) Ltd Date: 31/12/2018 12:55:00 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.