Further update on release of 2019 Financial Statements CHOPPIES ENTERPRISES LIMITED Co. Reg: BW00001142508 Incorporated in the Republic of Botswana ("the Company" or "the Group") BSE Share Code: CHOPPIES JSE Share Code: CHP ISIN Number: BW0000001072 FURTHER UPDATE ON RELEASE OF 2019 FINANCIAL STATEMENTS Shareholders are referred to the announcements released on 19 February 2020, 5 March 2020 and 22 April 2020 in respect of the appointment of Mazars as auditors to the Company and its subsidiaries in respect of the financial year ended 30 June 2019 and the anticipated date of completion and release of the Annual Financial Statements and Auditor’s Report thereon in respect of the financial year ended 30 June 2019. Shareholders are now advised that the work streams relating to the preparation of the said Annual Financial Statements are underway and, at this time, it remains anticipated that the Audited Financial Statements and the Auditor’s Report thereon in respect of the financial year ended 30 June 2019 shall be completed and released by 30 July 2020. The Company's primary listing is on the BSEL and its secondary listing is on the JSE. The listings on both exchanges are suspended. By order of the Board 20 May 2020 BSEL Sponsoring Broker African Alliance Botswana Limited JSE Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 20-05-2020 04:04:00 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.