Appointment of an Independent Non-Executive Director to the Board of Bidvest and Committee memberships The Bidvest Group Limited (Incorporated in the Republic of South Africa) (Registration number 1946/021180/06) Share code: BVT ISIN ZAE000117321 ("Bidvest" or “the Group”) APPOINTMENT OF AN INDEPENDENT NON-EXECUTIVE DIRECTOR TO THE BOARD OF BIDVEST AND COMMITTEE MEMBERSHIPS In compliance with Section 3.59 of the listing requirements of the JSE Limited, Bidvest is pleased to announce the appointment, effective 1 July 2019, of Mr. Bonang Francis (Bonang) Mohale as an independent non-executive director to the Bidvest board. Bonang has held several leadership positions in the private sector and has been lauded and recognised with several awards over the past 25 years. He was the Chief Executive Officer of Business Leadership South Africa, Chairman of Shell South Africa (Pty) Ltd, Chief Executive Officer of Drake & Scull FM SA (Pty) Ltd, Chief Executive of Sanlam Limited, Executive Vice President of SAA and Managing Director of Otis (Pty) Ltd, amongst others. Bonang will be appointed as a member of the following Bidvest board sub-committees: Acquisitions committee, Nominations committee and Social and Ethics committee. The board welcomes Bonang to Bidvest and look forward to his contributions. Date: July 01, 2019 Johannesburg Sponsor: Investec Date: 01/07/2019 08:15:00 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.