Acceptance Of Share Options By PSG Group Directors In Terms Of The Psg Group Limited Supplementary SIT PSG Group Limited Incorporated in the Republic of South Africa Registration number: 1970/008484/06 JSE Limited (“JSE”) share code: PSG ISIN code: ZAE000013017 (“PSG Group”) ACCEPTANCE OF SHARE OPTIONS BY PSG GROUP DIRECTORS IN TERMS OF THE PSG GROUP LIMITED SUPPLEMENTARY SHARE INCENTIVE TRUST (“SIT”) The following share option award was accepted in terms of the SIT: NAMES OF DIRECTORS PJ Mouton (1) WL Greeff (2) JA Holtzhausen (3) COMPANY OF WHICH WE ARE PSG Group Limited DIRECTORS STATUS: EXECUTIVE/NON- Executive EXECUTIVE TYPE AND CLASS OF SECURITIES Share options to acquire ordinary shares DATE OF AWARD 28 February 2019 DATE OF ACCEPTANCE 28 February 2019 OPTION STRIKE PRICE R250.56 (PSG Group’s 30-day volume weighted average traded price at 28 February 2019) NUMBER OF OPTIONS ACCEPTED 227 700 (1) 185 877 (2) 185 807 (3) TOTAL RAND VALUE OF OPTIONS R57 052 512.00 (1) R46 573 341.12 (2) R46 555 801.92 (3) VESTING DATE OF OPTIONS Vesting in tranches of 25% each on the 2nd, 3rd, 4th and 5th anniversary of the award, subject to meeting financial and non-financial performance conditions NATURE OF TRANSACTION Acceptance of award of options to acquire ordinary shares in terms of a share incentive scheme NATURE AND EXTENT OF Direct, Beneficial INTEREST IN THE TRANSACTION Clearance to accept these share option awards was obtained in accordance with paragraph 3.66 of the JSE Listings Requirements. Stellenbosch 1 March 2019 Sponsor PSG Capital Date: 01/03/2019 05:00:00 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.