THE FOSCHINI GROUP LIMITED - Changes to Audit Committee

Changes to Audit Committee

THE FOSCHINI GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1937/009504/06)
Share code: TFG
ISIN: ZAE000148466
(“TFG” or “the Company”)

Changes to Audit Committee

In compliance with paragraph 3.59(c) of the JSE Limited Listings Requirements, shareholders are
advised of the following changes to the Audit Committee with effect from 1 July 2022:

    •   Ronnie Stein, an independent non-executive director, will step down as a member of the Audit
        Committee; and
    •   Graham Davin, an independent non-executive director will be appointed as a member of the
        Audit Committee.

These changes are as a result of the continual review process, by the Nomination Committee, with
regard to the composition of the Board and Board Committees as well as the need for succession
planning and renewal and aims to align the Company with Corporate Governance requirements and
best practices.

Cape Town
30 June 2022

Sponsor:
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 30-06-2022 03:30:00
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