Appointment of Chief Financial Officer Oceana Group Limited Incorporated in the Republic of South Africa (Registration number 1939/001730/06) JSE Share: OCE NSX Share Code: OCG ISIN Number: ZAE000025284 ("Oceana" or "the Company") APPOINTMENT OF DIRECTOR Further to the announcement released on SENS on 10 February 2020 regarding the appointment of an Interim Chief Financial Officer, the Board of Directors of the Company (Board) announces the appointment of Hajra Karrim as Chief Financial Officer and executive director of the Company, with effect from 1 November 2020. Hajra holds BCom (Honours) and CA (SA) qualifications and is a seasoned finance executive with an established record of strategic, financial and operational experience across multiple geographies. Hajra has held a number of executive positions, including that of CFO of the Electronic Media Network Limited Group of Companies (M-Net) and more recently TransUnion Africa Group. The Audit Committee is satisfied with the expertise and experience of Ms Karrim to be appointed in this role and look forward to her contribution. The Board would like to express its appreciation for the professionalism and personal commitment of Trevor Giles, who agreed to take on the role of Interim Chief Financial Officer, during the recruitment process. Trevor will continue in this role until 31 October 2020, after which he will resume his role as Group Executive: Business Development. The Board wishes Trevor continued success. 22 July 2020 Cape Town Sponsor The Standard Bank of South Africa Limited Namibian Sponsor Old Mutual Investment Services (Namibia) Proprietary Limited Date: 22-07-2020 11:30:00 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.