Steinhoff – Management Board changes Steinhoff International Holdings N.V. (Incorporated in the Netherlands) (Registration number: 63570173) Share Code: SNH ISIN: NL0011375019 Steinhoff – Management Board changes Steinhoff International Holdings N.V. (the “Company” and with its subsidiaries, the “Group”) Further to the Company’s announcement of 19 December 2017 confirming the strengthening of the Management Board through the designation of Danie van der Merwe as acting Chief Executive Officer (CEO) and the nominations of Alexandre Nodale as Deputy CEO and Louis Du Preez as Commercial Director, further changes to the management of the Company have been made. The current CFO, Ben la Grange has today stepped down as CFO and as a member of the Management Board to focus on the preservation and procurement of liquidity in the Group, in addition to the finalisation of the Company’s audited 2017 consolidated financial statements and comparative statements. Philip Dieperink will replace Ben as acting CFO pending formal appointment to the Management Board of the Company. Philip has been with the Group in various CFO positions since 2001, and will remain as the CFO of Steinhoff UK. The nomination of Philip Dieperink will be submitted to the general meeting of the Company for appointment in due course. It is further intended that an external independent debt restructuring expert (a Chief Restructuring Officer) will be contracted to assist with these matters and a process to identify such person is underway. Shareholders and other investors in the Company are advised to exercise caution when dealing in the securities of the Group. JSE Sponsor: PSG Capital Stellenbosch, 4 January 2018 // 1 Date: 04/01/2018 05:39:00 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.