KAP INDUSTRIAL HOLDINGS LIMITED - Changes To The Board Of Directors

Changes To The Board Of Directors

KAP INDUSTRIAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1978/000181/06)
Share code: KAP
ISIN: ZAE000171963
(“KAP” or “the Company”)

CHANGES TO THE BOARD OF DIRECTORS

In accordance with paragraph 3.59(b) of the JSE Limited Listings Requirements, the board of
directors of the Company (“the Board”) wishes to advise shareholders of the Company that
following the disposal by Ainsley Holdings Proprietary Limited, a wholly-owned indirect
subsidiary of Steinhoff International Holdings N.V. ("Steinhoff"), of all its interests in the
ordinary shares of KAP on 26 March 2019, Messers TLR (“Theodore”) de Klerk and LJ
(“Louis”) du Preez, both Steinhoff executives, have tendered their resignations from the Board
of KAP with effect from 3 April 2019.

Both Theodore and Louis have served as non-executive directors on the Board of KAP since
1 September 2017. The Board conveys its appreciation to Theodore and Louis for their
constructive contributions and wise counsel.

By order of the Board
KAP Secretarial Services Proprietary Limited

Stellenbosch
4 April 2019

Sponsor
PSG Capital

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