Brait : Directorate-update – Market Announcement

Brait SE

(Registered in Malta as a European Company) (Registration No. SE1)

Share code: BAT ISIN: LU0011857645

Bond code: WKN: A1Z6XC ISIN: XS1292954812

LEI: 549300VB8GBX4UO7WG59 ("Brait")

DIRECTORATE UPDATE

Shareholders in Brait are advised that Dr Christo Wiese has notified the Brait Board of Directors ("Board") that he has until further notice, appointed Mr Paul Roelofse as his alternate in place of Mr Jacob Wiese with effect from 2 October 2019.

Paul holds a B.Acc (Cum Laude) degree and a B.Acc (Hons) degree from the University of Stellenbosch. He is a qualified Chartered Accountant and CFA charterholder. He joined Rand Merchant Bank ("RMB") in 2002 in the Corporate Finance Division and headed RMB's global Corporate Finance business from 2009 to 2015, whereafter he was appointed as an Investment Banking Director. Paul led a number of pioneering transactions during his banking career and served on the RMB Investment Banking Board from 2009 until he resigned in

2019. Paul is a co-founder of Oryx Partners, which will manage Dr Christo Wiese's family office and be a strategic business partner of the Wiese family.

The Board welcomes Paul and looks forward to his contribution.

Malta

3 October 2019

Brait's primary listing is on the Euro MTF market of the Luxembourg Stock Exchange and its secondary listing is on the Johannesburg Stock Exchange.

Sponsor

RAND MERCHANT BANK (A division of FirstRand Bank Limited)