Disclosure Of Substantial Holding Notification 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 DISCLOSURE OF SUBSTANTIAL HOLDING NOTIFICATION Steinhoff International Holdings N.V. (the “Company”) (together with its subsidiaries, the “Group”) Date of transaction: 24 May 2019 Person obliged to notify: OppenheimerFunds, Inc. Issuing institution: Steinhoff International Holdings N.V. Registration Chamber of Commerce 63570173 Place of residence: Amsterdam Distribution in numbers Type of Number of Number of Capital Voting Manner Settle share shares voting rights interest rights of ment disposal Ordinary 0.00 0.00 Real Real Direct Cash share Distribution in percentages Type Total Directly Directly Indirectly Indirectly holding real potential real potential Capital interest 0.00% 0.00% 0.00% 0.00% 0.00% Voting rights 0.00% 0.00% 0.00% 0.00% 0.00% Date of transaction: 24 May 2019 Person obliged to notify: Invesco Limited Issuing institution: Steinhoff International Holdings N.V. Registration Chamber of Commerce 63570173 Place of residence: Amsterdam Distribution in numbers Type of Number of Number of Capital Voting Manner of Sett share shares voting rights interest rights disposal lem ent Ordinary 133 333 062.00 133 333 062.00 Real Real Indirect (Invesco share Advisers Inc) Ordinary 13 609.00 13 609.00 Real Real Indirect (Invesco shares Advisers Inc) Distribution in percentages Type Total Directly Directly Indirectly Indirectly holding real potential real potential Capital interest 3.09% 0.00% 0.00% 3.09% 0.00% Voting rights 3.09% 0.00% 0.00% 3.09% 0.00% The AFM (the Netherlands Authority for Financial Markets) has informed us on 28 May 2019 that substantial holdings notifications related to Steinhoff International Holdings N.V. had been received by the AFM. The above notifications have been disclosed in the relevant register on the AFM website: https://www.afm.nl/en/professionals/registers/meldingenregisters/substantiele- deelnemingen/details?id=74579&KeyWords=steinhoff 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, 28 May 2019 Date: 28/05/2019 01:05:00 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.