CLICKS GROUP LIMITED - Clicks Group Increases Shareholding in ARC Store to 61%

Clicks Group Increases Shareholding in ARC Store to 61%

Clicks Group Limited
(Incorporated in the Republic of South Africa)
Registration number: 1996/000645/06
Share code: CLS
ISIN: ZAE000134854
CUSIP: 18682W205
LEI: 378900E967958A677472
(“the group”)

CLICKS GROUP INCREASES SHAREHOLDING IN ARC STORE TO 61%

Clicks Group has increased its shareholding in premium beauty retailer ARC Store
(“ARC”) to 61%, following the acquisition of a further 35.3% interest for R507 million
from the founding shareholders.

The relationship between Clicks Group and ARC dates back to 2021 when the group
acquired its initial shareholding. The shareholding was increased to 25.7% in 2025.

The existing shareholders will remain invested in ARC, while the current executive
management has committed to remaining with the business until at least 2028. This
provides continuity of management and shareholder alignment as ARC continues to
expand.

Founded in 2020, ARC currently has 12 stores in major shopping malls across the
country together with a strong online presence. The Sandton City outlet is the largest
beauty store in Africa. ARC plans to increase its store footprint to between 20 to 30
stores over the medium term.

ARC is positioned as a specialist premium beauty retailer, with a curated portfolio of
international prestige brands across fragrance, skincare, makeup, haircare and bath
and body.

Jamie Lane, the chief executive officer of ARC states that “ARC’s shareholders and
partners recognise that the unique ARC culture — entrepreneurial, customer-focused,
innovative and brand-led — is fundamental to achieving its ambitious goals. We have
crafted a partnership where that culture will remain at the heart of the business as we
enter this next phase of growth.”

Bertina Engelbrecht, chief executive officer of Clicks Group, commented: “The
acquisition of a controlling stake in ARC provides the group with increased exposure to
the growing premium beauty market, which is currently valued at more than R6 billion
annually.”

“ARC has established a differentiated position in the premium beauty market and we
see potential to grow the business and to leverage the strengths of both ARC and
Clicks. Our increased shareholding gives Clicks greater ability to participate in ARC’s
future growth while retaining the founders and management who built the business.”

ARC has been an affinity partner of Clicks ClubCard since 2021. In the past year, spend
in Clicks by ARC customers increased by 16% to R836 million. Clicks stores also
provide collection points for ARC’s click-and-collect offering, further integrating the two
businesses and enhancing convenience for customers.

The proposed transaction is subject to approval by the competition authorities. The
effective date of the transaction is expected to be the first day of the month following the
approval by the competition authorities.

As the transaction is uncategorised in terms of the JSE Listings Requirements, this
announcement is made on a voluntary basis.


Cape Town
28 September 2026

Transaction adviser and Sponsor
Investec Bank Limited

Date: 28/09/2026 09:05:00
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