The Foschini Group Limited announced that Ms. Bongiwe Ntuli has resigned as Chief Financial Officer of the Company. Ms. Ntuli will be leaving the Group with effect from 30 November 2023, after the presentation of the Group's interim results, to pursue new interests. The TFG Supervisory board of directors ("the Board") has accepted Ms Ntuli's resignation.

Mr. Anthony Thunström will, subject to confirmation by the JSE Limited, fulfil the role of both Chief Executive Officer and executive financial director for the period 1 December 2023 until the appointment of the new Chief Financial Officer.