Overview Of Forensic Investigation At Steinhoff International Pepkor Holdings Limited (Previously Steinhoff Africa Retail Limited) (Incorporated in the Republic of South Africa) (Registration number: 2017/221869/06) Share Code: PPH ISIN: ZAE000259479 (“Pepkor” or “the Company”) OVERVIEW OF FORENSIC INVESTIGATION AT STEINHOFF INTERNATIONAL Pepkor shareholders are referred to the findings released by Steinhoff International Holdings N.V. (“Steinhoff”) on Friday 15 March 2019 titled Overview of Forensic Investigation (the “Overview”), which reported on the investigation into Steinhoff’s affairs conducted by PricewaterhouseCoopers (“the PWC investigation”). Pepkor highlights clause 3.2.4. of the Overview which confirms that “Pepkor Holdings, nor any of the other South African operating entities, were identified as having received such (fictitious or irregular) contributions” (from Steinhoff or any related party). Pepkor CEO Leon Lourens commented: “The findings confirm what we have always known. Pepkor’s financial results for the 2017 and 2018 financial years therefore remain unaffected. This again illustrates that the appropriate financial and corporate governance structures are in place within Pepkor. It also confirms the values and principles which we stand for and on which our business was built. Pepkor will continue to operate in this way and remains focused on creating value for our customers and other stakeholders.” Parow 18 March 2019 Sponsor PSG Capital Date: 18/03/2019 08:35:00 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.