Broad Based Black Economic Empowerment (B-BBEE) Annual Compliance Report Massmart Holdings Limited (Incorporated in the Republic of South Africa) Company registration No. 1940/014066/06 JSE Code: MSM ISIN: ZAE 000152617 ("Massmart" or the "Company" or “the Massmart Group”) BROAD BASED BLACK ECONOMIC EMPOWERMENT (B-BBEE) ANNUAL COMPLIANCE REPORT Shareholders are referred to the announcement published by the Company on 31 March 2020, wherein the Company provided notice of the availability of Massmart’s B-BBEE Annual Compliance Report on its website. Shareholders are hereby notified that Massmart’s 2019/2020 B-BBEE Certificate expired on 07 October 2020 and a new B-BBEE Certificate for 2020/2021 was issued on 16 October 2020. In accordance with the requirements as set out in section 13G(2) of the Broad-Based Black Economic Empowerment Act 53 of 2003, as amended (the “B-BBEE Act”) and paragraph 16.21(g) and Appendix 1 to Section 11 of the JSE Limited Listings Requirements, Massmart’s B-BBEE certificate for 2020/2021 and the B-BBEE Annual Compliance Report (containing information aligned to Massmart’s 2020/2021 B-BBEE Certificate) is available on the Company’s website: www.massmart.co.za. 19 October 2020 Sponsor JP Morgan Equities South Africa (Pty) Ltd Date: 19-10-2020 08:00:00 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.