REMGRO LIMITED - Remgros response to Covid-19

Remgro’s response to Covid-19

Remgro Limited
(Incorporated in the Republic of South Africa)
(Registration number 1968/006415/06)
ISIN: ZAE000026480
Share code: REM
(“Remgro” or “the Company”)

REMGRO’S RESPONSE TO COVID-19

The majority of South African Small and Medium Enterprises (SMEs) are experiencing financial and
operational stress due to the Covid-19 pandemic and the recent lockdown, further exacerbating the lack
of economic growth.

The Remgro Management Board has voluntarily decided to forego 30% of their salary for the months
of April, May and June 2020. The savings to the Company generated from this reduction in salaries will
be paid by the Company to the Sukuma Relief Programme, an initiative aimed at supporting SMEs, and
administered by Business Partners Limited.

Stellenbosch
14 April 2020

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 14-04-2020 12:25:00
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