Listing Of New Financial Instruments PEPKOR HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration No. 2017/221869/06) Share Code: PPH ISIN: ZAE000259479 Debt company code: PPHI Bond code: PEP03 ISIN: ZAG000175969 Bond code: PEP04 ISIN: ZAG000175977 (“Pepkor” or “Pepkor group”) LISTING OF NEW FINANCIAL INSTRUMENTS Pepkor successfully raised R2.2 billion in the South African bond market following an auction held on Friday 30 April 2021. Strong demand from institutional investors resulted in an oversubscription of 2.8 times. "It is very pleasing to see such strong support from the local investor community for Pepkor. Our purpose is to make a positive difference in the lives of our customers. The confidence expressed in Pepkor is underpinned by the excellent performance which our retail brands continue to deliver," says Pepkor CEO Leon Lourens. The Domestic Medium Term Note Programme (“the Programme”) is part of Pepkor’s strategy to diversify its sources of funding and to reduce its cost of funding. Proceeds from the notes issued will be used to replace existing term debt due for repayment in 2022 - thereby strengthening the Pepkor group's liquidity and debt repayment profile. On 28 April 2021, Pepkor reported that its net debt as at 31 March 2021 had reduced to R6.1 billion compared to R14.1 billion in the previous year. The reduction in net debt by R8.0 billion was facilitated by continued positive trading momentum and strong cash generation. Pepkor therefore wishes to notify shareholders and noteholders that the JSE Limited has granted the listing of its PEP03 and PEP04 Senior Unsecured Floating Rate Notes effective 05 May 2021, in terms of its Programme dated 2 March 2020 and guaranteed by Pepkor Trading Proprietary Limited. Debt Security Code: PEP03 ISIN: ZAG000175969 Type of Debt Security: Floating Rate Notes Nominal Issued: ZAR 1 435 000 000.00 Coupon Rate: 3 Month JIBAR plus 152 basis points Maturity Date: 05 May 2024 Debt Security Code: PEP04 ISIN: ZAG000175977 Type of Debt Security: Floating Rate Notes Nominal Issued: ZAR 765 000 000.00 Coupon Rate: 3 Month JIBAR plus 170 basis points Maturity Date: 05 May 2026 Issue Date: 05 May 2021 Issue Price: 100% Interest Commencement Date: 05 May 2021 Interest Determination Date(s): 05 February, 05 May, 05 August and 05 November of each year until the Maturity Date, with the first Interest Determination Dates being 30 April 2021 First Interest Payment Date: 05 August 2021 Interest Payment Date(s): 05 February, 05 May, 05 August and 05 November of each year until the respective Maturity Date Last Day to Register: By 17h00 on 25 January, 24 April, 25 July and 25 October of each year until the respective Maturity Date Books Close: 26 January, 25 April, 26 July and 26 October of each year until the respective Maturity Date Business Day Convention: Following Business Day Final Maturity Amount: 100 percent of Nominal Amount Other: The pricing supplement does not contain additional terms and conditions or changes to the terms and conditions as contained in the Programme Summary of Additional Terms: Not Applicable Programme Amount: ZAR 10 000 000 000.00 Total Notes in Issue Under Programme: ZAR 1 006 000 000.00, exclusive of these issuances of notes Dealer: FirstRand Bank Limited, acting through its Rand Merchant Bank division Parow 04 May 2021 Equity sponsor PSG Capital Debt Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 04-05-2021 04:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.