Steinhoff Investments: Dividend To Preference Shareholders Steinhoff Investment Holdings Limited (Incorporated in the Republic of South Africa) Registration Number 1954/001893/06 JSE Code SHFF ISIN: ZAE000068367 (“Steinhoff Investments” or “the Company“) STEINHOFF INVESTMENTS: DIVIDEND TO PREFERENCE SHAREHOLDERS The board of directors of the Company has declared a gross dividend of 416.90753 cents per share, payable on Monday 30 March 2020 in respect of the period 1 July 2019 to 31 December 2019 (“the Preference Dividend” ), payable to the shareholders, recorded in the books of the Company at the close of business on Friday 27 March 2020, of the 15 000 000 cumulative, non-redeemable, non-participating, variable rate preference shares issued by the Company (“the Preference Shares”). At the date of declaration there were 15 000 000 (Fifteen million) Preference Shares in issue. The Preference Dividend will be payable in the currency of South Africa and will be subject to a local dividend tax rate of 20%. This will result in a net dividend of 333.52602 cents per Preference Share, unless the Preference Shareholder is exempt from dividend tax or is entitled to a reduced rate in terms of an applicable double-tax agreement. Steinhoff Investments’ income tax reference number is 9375/046/71/2. Salient dates: 2020 Last date to trade cum dividend: Tuesday, 24 March Shares trade ex-dividend: Wednesday, 25 March Record date: Friday, 27 March Payment date: Monday, 30 March Share certificates may not be dematerialised or re-materialised between Wednesday 25 March 2020 and Friday 27 March 2020, both days inclusive. 21 February 2020 On behalf of the board of directors H Sonn: Non-executive director LJ du Preez: Executive director Sponsor: PSG Capital Date: 21-02-2020 04:00:00 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.