SNH 201802280084A
Trading Update For The Quarter Ended 31 December 2017 And Supervisory Board Changes

Steinhoff International Holdings N.V.
(Incorporated in the Netherlands)
(Registration number: 63570173)
Share Code: SNH
ISIN: NL0011375019

Steinhoff – Trading update for the quarter ended 31 December 2017 and Supervisory Board
changes

Steinhoff International Holdings N.V. (the “Company” and with its subsidiaries, the “Group”)

1. Trading update for the quarter ended 31 December 2017

The Company has today published its quarterly update for the first quarter of its 2018 financial
year that ended on 31 December 2017. The quarterly update, together with an update letter
from Ms. Heather Sonn, acting Chairperson of the Company, is available on the Company’s
website via the following link: www.steinhoffinternational.com.

2. Supervisory Board changes

The Company will, in due course, invite its shareholders to its Annual General Meeting of
shareholders (the “AGM”) to be held on Friday, 20 April 2018. The invitation to the AGM will
include the AGM agenda which will cover, among other items, proposals from the Supervisory
Board of the Company for the appointment of Ms. Khanyisile Kweyama, Ms. Moira Moses, Dr.
Hugo Nelson, Mr. Clive Thomson, Mr. Peter Wakkie and Ms. Alexandra Watson, as new
independent members of the Supervisory Board.

These individuals have been carefully selected by the Supervisory Board as part of its
commitment to strengthen its independence. Information concerning each of the new
proposed members, including their prior experience and an explanation as to how they fit
within the profile of the Supervisory Board, will be included in the AGM agenda and made
available on the Company’s website in advance of the AGM. Ms. Heather Sonn, commented
that “I am certain that each of these individuals will make an important contribution toward
ensuring solid corporate governance throughout the organisation”.

The AGM agenda will also include proposals for the reappointment of Ms. Heather Sonn, Dr.
Johan van Zyl, Dr. Steve Booysen and Ms. Angela Krüger-Steinhoff to the Supervisory Board of
the Company. Ms. Heather Sonn commented that “the existing independent members of the
Supervisory Board who are intending to remain with the Company consider it essential that
they put themselves forward for reappointment at the AGM in order to obtain a clear mandate
from shareholders to remain with the Group and continue in their roles”.

To facilitate the orderly transition of the Supervisory Board to the new members and bring
about significant new and independent oversight to the Company, Mr. Len Konar, Mr. Claas
Daun and Mr. Bruno Steinhoff (each of whom was appointed on the initial listing of Steinhoff
International Holdings Limited in 1998 and who were due to retire at or before the AGM on 20
April 2018 in line with the rotation policy) and Mr. Theunie Lategan (independent director) have
all retired early from the Supervisory Board with effect from today. None of them will therefore
seek reappointment at the AGM. Ms. Heather Sonn commented that she “would like to thank
each of the departing board members for their commitment to the group over the years and,
in particular, for their sterling efforts in responding to the crisis.”

Shareholders and other investors in the Company are advised to exercise caution when
dealing in the securities of the Group.

JSE Sponsor: PSG Capital
Stellenbosch, 28 February 2018

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