Shareholders of Massmart Holdings Limited are advised that the effective date of Mitchell Slape's appointment as Chief Executive Officer and Executive Director of company is confirmed for 1 September 2019 following the approval and grant of his intra-company transfer permit and visa to work in South Africa. As a result, Guy Hayward will step down and resign as Chief Executive Officer, Executive Director and Committee member of company and its Committees with effect from 31 August 2019, but will remain in
Massmart until December 2019 to ensure a smooth handover and transition.