STEINHOFF INTERNATIONAL HOLDINGS N.V. - Disclosure Of Inside Information Pursuant To Art. 17 Of The EU Market Abuse Regulation (EU 596/2014, MAR)

Disclosure Of Inside Information Pursuant To Art. 17 Of The EU Market Abuse Regulation (EU 596/2014, MAR)

Steinhoff International Holdings N.V.
(Incorporated in the Netherlands)
(Registration number: 63570173)
Share Code: SNH
ISIN: NL0011375019

Steinhoff Investment Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1954/001893/06)
JSE Code: SHFF
ISIN: ZAE000068367

DISCLOSURE OF INSIDE INFORMATION PURSUANT TO ART. 17 OF THE EU MARKET ABUSE
REGULATION (EU 596/2014, MAR)

CONSERVATORIUM AND TITAN ARRANGEMENTS BECOME UNCONDITIONAL

Steinhoff International Holdings N.V. (“SIHNV” or the “Company”, together with its subsidiaries,
“Steinhoff” or the “Steinhoff Group”) announces the following update on implementation of its
proposal to resolve the various multi-jurisdictional legacy litigations and claims against the
Steinhoff Group, including those against former South African holding company Steinhoff
International Holdings Proprietary Limited (“SIHPL”).

Steinhoff announced on or about 14 February 2021 that it had entered into a conditional
agreement with Conservatorium Holdings LLC (“Conservatorium”) and entities connected to
Dr Christo Wiese (“CW Entities”) to settle the outstanding disputes between and among
Steinhoff, Conservatorium and the CW Entities. Steinhoff today announces that such
agreement has become unconditional upon Steinhoff and the CW Entities entering into
agreements under which those entities and their affiliates will support the Steinhoff global
settlement.

The new agreements with the CW Entities include the following:

    •   a settlement support agreement resolving a number of matters between the Steinhoff
        Group and CW Entities and under which CW Entities will support the Steinhoff Global
        Settlement; and

    •   agreements to document the new partially secured 5-year payment obligation
        between SIHPL and Titan as described in the Steinhoff Settlement Term Sheet which is
        subject to receipt of the consideration payable to Titan pursuant to the statutory
        compromise process under South African law (the “S155 Scheme”).

The Company has a primary listing on the Frankfurt Stock Exchange and a secondary listing on
the JSE Limited.

JSE Sponsor: PSG Capital
Stellenbosch, South Africa
24 March 2021

Date: 24-03-2021 10:30:00
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