Steinhoff International Holdings N.V. – Project Purple Completion Time and CVR Instrument

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


STEINHOFF INTERNATIONAL HOLDINGS N.V. – PROJECT PURPLE COMPLETION TIME AND
CVR INSTRUMENT

Steinhoff International Holdings N.V. ("SIHNV") provides the following update on its Dutch law
restructuring plan (akkoord) (“WHOA Restructuring Plan”) which follows the confirmation of the WHOA
Restructuring Plan by the Amsterdam District Court on 21 June 2023. Unless defined otherwise,
capitalised terms used in this announcement will have the meaning given to them in the WHOA
Restructuring Plan.

The Project Purple Completion Time has occurred and, in accordance with the WHOA Restructuring
Plan, SIHNV has issued the Project Purple Completion Time Notice. The Project Purple Completion
Time Notice is available on www.steinhoffinternational.com.

Accordingly, the Implementation Steps set out in clause 8 of the WHOA Restructuring Plan have been
completed and, amongst other things, the final maturity date under the CPUs, the SIHNV Intra-Group
Loans and the Debt Facilities has been extended to at least 30 June 2026 in accordance with the WHOA
Restructuring Plan and the Consent Request, and SIHNV has issued to the Dutch Trust Foundations
unlisted ordinary shares in the capital of SIHNV, representing 50 per cent plus 1 ordinary share in the
capital of SIHNV following their issuance.

SIHNV announces that the signed and dated CVR Instrument is also available on
www.steinhoffinternational.com. The SIHNV Shareholders and Affected CPU Creditors entitled to the
CVRs are those as at the CVR Record Date. In accordance with the terms of the CVR Instrument:

    •   the CVR Record Date for the Affected CPU Creditors occurred today at the Effective Time; and

    •   the CVR Record Date for SIHNV Shareholders will be at a future date and time to be notified
        by SIHNV and/or New Topco.

Further updates and information, including the CVR Record Date for SIHNV Shareholders and the
registration process for obtaining CVRs, will be made available on www.steinhoffinternational.com.

SIHNV has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE
Limited.


Stellenbosch, South Africa
30 June 2023

JSE Sponsor: PSG Capital

Date: 30-06-2023 10:15:00
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