Transfer of Distribution Centres to the Joint Venture Company of Shoprite Holdings and Equites Property Fund Limited SHOPRITE HOLDINGS LIMITED (Incorporated in the Republic of South Africa) Registration no. 1936/007721/06 ISIN: ZAE000012084 JSE share code: SHP NSX share code: SRH LuSE share code: SHOPRITE (“Shoprite Holdings” or the “Company”) TRANSFER OF DISTRIBUTION CENTRES TO THE JOINT VENTURE COMPANY OF SHOPRITE HOLDINGS AND EQUITES PROPERTY FUND LIMITED Shareholders are referred to the SENS announcement issued on 25 February 2020 which stated the agreement to establish a joint venture company, Retail Logistics Fund Proprietary Limited (“Retail Logistics Fund”). Furthermore, shareholders are referred to the SENS announcement issued on 14 September 2020, which informed shareholders that the remaining conditions precedent had been met and the transaction was unconditional. Shoprite Holdings wishes to inform shareholders that the respective transfers of the portfolio of distribution centres and associated undeveloped land were registered into the name of Retail Logistics Fund in the relevant deeds offices this morning, and that the transaction has been implemented. Cape Town 4 November 2020 Financial Advisor and Transaction Sponsor: Investec Bank Limited Date: 04-11-2020 02:00:00 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.