STEINHOFF INTERNATIONAL HOLDINGS N.V. - Steinhoff Global Settlement Update On Dutch Hearing

Steinhoff Global Settlement – Update On Dutch 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

STEINHOFF GLOBAL SETTLEMENT – UPDATE ON DUTCH HEARING

Steinhoff International Holdings N.V. (“SIHNV” or the “Company”, together with its subsidiaries,
the “Steinhoff Group”) previously announced that a hearing had been scheduled for 8
February 2021 in the Amsterdam District Court following a request by Conservatorium Holdings
LLC (“Conservatorium”) to appoint a restructuring expert to SIHNV pursuant to Article 371 of
the Dutch Bankruptcy Act (enacting elements of the recently enacted pre-insolvency
proceedings, Wet Homologatie Onderhands Akkoord ter voorkoming van
faillissement)(“Application”). SIHNV also informed the market that it is challenging that
Application.

The Application was due to be heard by the Amsterdam District Court today. Conservatorium
and SIHNV have requested that the Court defer the hearing for one week to 15 February
2021. The court has confirmed that the Application will be heard on 15 February 2021.

As usual, further updates will be provided in due course as the Group continues with the
implementation of the Proposed Settlement.

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

JSE Sponsor: PSG Capital

Stellenbosch, South Africa

8 February 2021

Date: 08-02-2021 02:00:00
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.