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STEINHOFF INTERNATIONAL HOLDINGS N.V. - Update On Dutch SoP Confirmation Hearing

Release Date: 16/09/2021 15:45
Code(s): SNH SHFF     PDF:  
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Update On Dutch SoP Confirmation Hearing

Steinhoff International Holdings N.V.
(Incorporated in the Netherlands)
(Registration number: 63570173)
Share Code: SNH
ISIN: NL0011375019

Steinhoff Investment Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1954/001893/06)
JSE Code: SHFF
ISIN: ZAE000068367

UPDATE ON DUTCH SoP CONFIRMATION HEARING

Steinhoff International Holdings N.V. (“SIHNV” or the “Company” and together with its other
subsidiaries, “Steinhoff” or the “Steinhoff Group”) announces that during the confirmation
hearing in relation to SIHNV’s Dutch suspension of payments in the District Court of Amsterdam
today, the Court heard the Dutch Administrators, the attending SoP creditors and the
Company on the confirmation of the Composition Plan. The confirmation of the Composition
Plan was recommended by the supervisory judges and the Dutch Administrators and was
supported by the Company and the attending SoP creditors. The District Court of Amsterdam
has indicated that it will issue a judgment on 23 September 2021.

Update on SIHPL’s s155 Proposal

Steinhoff International Holdings Proprietary Limited (“SIHPL”) has issued its application to the
Western Cape Division of the High Court of South Africa for an order to sanction its s155
proposal adopted at the meetings of scheme creditors held on 6 and 10 September 2021. The
application has been set down for hearing on 30 September 2021.

The application, including related relevant dates, is available at
www.SteinhoffSettlement.com.

Further updates will be provided as and when appropriate.

The Company has a primary listing on the Frankfurt Stock Exchange and a secondary listing on
the JSE Limited.

Stellenbosch, South Africa
16 September 2021
JSE Sponsor: PSG Capital

Date: 16-09-2021 03:45:00
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