Retirement of Executive Director Pick n Pay Stores Limited Incorporated in the Republic of South Africa Registration number: 1968/008034/06 Share Code: PIK ISIN code: ZAE000005443 RETIREMENT OF EXECUTIVE DIRECTOR In terms of section 3.59 of the JSE Listings Requirements, shareholders are advised that, on reaching the Group’s normal retirement age, Richard van Rensburg will be retiring from his position as executive director of Pick n Pay Stores Limited with effect from 31 March 2021. Richard joined the Board in 2009 as a non-executive director. In 2011, Richard took up an executive role as Deputy CEO. In his current role as Chief Information Systems Officer, Richard and his team have significantly strengthened the Group’s IT Division, created an efficient, effective and modern systems platform, and grown the Group’s online channel and value-added services. Richard has also developed Pick n Pay’s market stores programme, which provides opportunities for small-scale retail entrepreneurs to grow their businesses in partnership with the Group. The Group has well-planned internal succession arrangements in place that will ensure successful delivery of these important functions in the future. The Board extends its sincere thanks and appreciation to Richard for his commitment and contribution to Pick n Pay and wishes him the very best for his retirement. By order of the board Cape Town 5 March 2021 Sponsor: Investec Bank Limited Date: 05-03-2021 12:00:00 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.