FAMOUS BRANDS LIMITED - Changes in Board of Directors

Changes in Board of Directors

FAMOUS BRANDS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1969/004875/06)
JSE Share code: FBR
ISIN code: ZAE000053328
("Famous Brands" or "the company")


CHANGES IN BOARD OF DIRECTORS

APPOINTMENT OF AN INDEPENDENT NON-EXECUTIVE DIRECTOR

In terms of paragraph 3.59 of the Listings Requirements of the JSE Limited, Famous Brands is delighted
to advise shareholders that Ms Fagmeedah Petersen-Cook has been appointed as an independent
non-executive director to the board of directors of Famous Brands ("the Board"), and member of the
Audit and Risk, Investment and Remuneration Committees. This appointment will be effective from
1 June 2021.

Fagmeedah, who holds a Bachelor of Business Science (Actuarial Science) from the University of Cape
Town and a Postgraduate Diploma in Management Practice from the University of Cape Town
Graduate School of Business, currently serves as a non-executive director for a range of diverse
companies where she applies her strategic thinking and well-developed understanding of risk. She is
a CD(SA) charter holder and an experienced investment professional and has held C-suite roles in the
public and private sector. Fagmeedah’s professional career as an actuary spans twenty-four years.

The Board welcomes Fagmeedah and looks forward to her contribution.

BOARD AND COMMITTEE SUCCESSION

As previously announced on 4 March 2021, Ms Emma Mashilwane intends to step down at the
upcoming Annual General Meeting of Famous Brands expected to take place on 23 July 2021.

She will further step down as a member of the Audit and Risk Committee and Chairman of the
Remuneration Committee.

Accordingly, with effect from 23 July 2021, following the Annual General Meeting of the Company:
   - Mr Chris Boulle will succeed Ms Emma Mashilwane as Chair of the Remuneration Committee,
   - Ms Fagmeedah Petersen-Cook will succeed Mr Chris Boulle as Chair of the Investment
       Committee, and
   - Mr John Halamandres will step down as full-time member of the Investment Committee but
       will remain an invitee.

Midrand
27 May 2021

Sponsor
The Standard Bank of South Africa Limited

Date: 27-05-2021 03:10:00
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