TRUWORTHS INTERNATIONAL LIMITED - Appointment of acting chief financial officer

Appointment of acting chief financial officer

Truworths International Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1944/017491/06)
JSE Code: TRU
NSX Code: TRW
ISIN: ZAE000028296
LEI: 37890099AFD770037522
(“Truworths” or “the company” or “the Group”)

APPOINTMENT OF ACTING CHIEF FINANCIAL OFFICER

Truworths shareholders (“Shareholders”) are referred to the announcement published on SENS on
30 November 2020 advising Shareholders of the resignation of Mr David Pfaff, as the Group’s Chief
Financial Officer (“CFO”), with effect from 28 February 2021 and are hereby advised that the board of
directors of the company (“Board”) has appointed Mr Hermanus Gideon (Reon) Smit, the current
Truworths Limited Divisional Director: Finance, as the acting CFO with effect from 1 March 2021 until
a new CFO is permanently appointed.

Mr Smit has a B.Acc (Hons) degree and is a qualified Chartered Accountant (SA). He has been a
fulltime employee of the Group since April 2008 and has served as a member of the company’s
finance team for 13 years, more than 7 of which have been under the supervision of Mr Pfaff where
he has been actively involved in the financial reporting function of the Group. Mr Smit has held, within
Truworths Limited, the positions of Financial Accountant, Tax and Finance Credit Manager, Lead
Business Analyst: Oracle R12 Project, Financial Manager, Divisional Finance Manager and Finance
Executive.

The audit committee of the company has satisfied itself as to the appropriateness of the expertise and
experience of Mr Smit and is in full support of his appointment as acting CFO until a new CFO is
permanently appointed.

The JSE has granted a dispensation from the provisions of paragraph 3.84(f) of the JSE Listings
Requirements for Mr Smit to fulfil the role of CFO on an acting basis until 31 August 2021.

The Board will continue with the process of recruiting a suitable permanent CFO and Shareholders
will be advised as soon as such appointment has been finalised.

Cape Town
19 February 2021

Sponsor in South Africa
One Capital

Sponsor in Namibia
Merchantec Capital

Date: 19-02-2021 03:19:00
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