History Report Publication date: June 2019 Next publication:

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History Report Publication date: June 2019 Next publication: December 2019 History Report

History Dis-Chem Company | Timeline 1987 1980s-1990s 2000s 2010+ FOUNDED 1978: Founded by Ivan and Lynette Saltzman: 1st retail pharmacy in Mondeor, Johannesburg 1980s-1990s NEW STORES + EXPANSION OF OFFERING 1984: 2nd retail pharmacy opened at the Randridge Mall, Johannesburg. 1989: Product offering expanded to include non- pharmaceutical products 1997: Dis-Chem started selling their own private label of non-pharmaceutical products 2000s LOYALTY PROGRAMME & NATIONAL FOOTPRINT 2003: Dis-Chem Benefits loyalty programme launched 2004: National roll-out starts with 1st store opening in Cape Town 2008: Growing footprint through partnering with independent pharmacies 2010+ ONLINE STORE, WHOLESALE INVESTMENT, JSE LISTING 2013: Online shop launched 2016: Acquisition of CJ Distribution into Dis-Chem wholesale. 2016: JSE listing of 27,5% of Dis-Chem share capital 2017: The Local Choice (TLC) brand of smaller community pharmacies launched. 2019: Dis-Chem 40th birthday Page 2

Maryla Masojada | Lead Analyst Andrea Du Plessis | Associate Retail Analyst