Change to The Board PREMIER FISHING AND BRANDS LIMITED (Incorporated in the Republic of South Africa) Registration number 1998/018598/06 Share code: PFB and ISIN: ZAE000247516 ("PFB "or "the Company" or "the Group" or "Premier”) CHANGE TO THE BOARD In accordance with paragraph 3.59 of the JSE Limited Listings Requirements, shareholders are advised of the following change to the Board of Directors of the Company (“Board”) The Board hereby notifies shareholders that Mogamat Samir Saban (“Samir”) has resigned as the chief executive officer of the Company with effect from 1 February 2020 for personal reasons. Rushaan Isaacs (“Rushaan”) has been appointed as the new chief executive officer as from 1 February 2020 . Rushaan has been the sales and marketing director and has been with the group for the past 22 years with vast experience in the fishing industry. She is also currently an executive director on the Board. Ms Aziza Begum Amod (“Aziza”) has been appointed as the non-executive chairperson of the Board. The Board takes this opportunity to congratulate Rushaan and Aziza on their new appointments. The Board also wants to express their appreciation to Samir and extends its best wishes for his future endeavours. Cape Town 17 January 2020 Sponsor Vunani Sponsors Date: 17-01-2020 04:15:00 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.