Store Footprint Report Publication date: March 2019 Next publication: November 2019 Store Footprint Report

Store Footprint Shoprite Store Count and Growth The Group closed December 2018 with 2,738 stores in their portfolio Over the 12 months to December 2018 197 stores opened and 77 closed Supermarkets, OKFD and LiquorShop accounted for majority of the openings Furniture continue to close unprofitable stores Hungry Lion was sold off in July and has been excluded from the Net New Store Calculation The reported CAPEX share for new stores is 11.6% for HY2019 and refurbishments at 23.5% with the focus more to efficiency and customer experience CAPEX (R’m) and CAPEX % Change HY2018 HY2019 Growth Share Group CAPEX Levels 2 934 2 795 -4.7% New Stores 454 325 -28.4% 11.6% Store Refurbishments 535 656 22.6% 23.5% SOURCE: Shoprite Holdings NOTE:, 1variance due to timing – data off website | The Group disposed of its interest in Hungry Lion Fast Food (Pty) LTD opening balance adjusted by 193 stores

Store Footprint Shoprite Store Count and Growth cont. Total Supermarkets are supported by an extensive and sophisticated supply chain as well a new consolidated IT platform Store count at 1,330 at the end of HY2019 Net change of +33 stores in the six months Over 12 month period to Dec 2018, 76 openings and 22 closures SA Supermarkets, trading out of 10921 stores, contributes 40% to total store count Opened 351 net new stores over the six month period Store growth of +3.3% since FY2018 and +19.3% over 5 years Non-SA Supermarkets, trading out of 2381 stores, contributes 9% to total stores Closed 21 net stores over the six month period, Store growth of -0.8% since FY2018 and +25.9% over 5 years SOURCE: Shoprite Holdings NOTE: 1variance due to timing – data off website

Store Footprint Shoprite Store Count and Growth cont. Liquor Net 32 new stores opened in HY2019, achieving the target of one per week , this remains a high focus area for the Group, taking the total to 472, store count has grown by over 61.1% in five years In the 12 months to Dec 2018 52 stores opened and 4 closed Non-SA 21 stores (16 in Namibia, 3 in Lesotho, 1 in Mozambique and 1 in Botswana) Pharmacy MediRite trades from 1621 pharmacies, with one net closure in HY2019 Non-SA 19 stores (15 in Angola, I in Mozambique and 3 in Swaziland) Furniture division Furniture makes up 17.5% of store portfolio for the Group with 479 stores having closed a net 5 during HY2019 Over the 12 month to Dec 2018 10 opened and 22 closed There are 390 stores in SA and 89 Non-SA stores across seven countries OK Franchise Contributes 16.4% to the Group’s store portfolio with a net 30 new stores in HY2019, total 448 stores as at the end of December 2018 including 56 in Non-SA In the 12 months to Dec 2018 58 stores opened and 24 closed 11 new OK Express forecourt stores opened in the six months to Dec 2018, total now 30 Divisional Store Numbers FY2015 FY2016 FY2017 FY2018 HY2019 Net Change HY2019 Five-year % change Furniture 471 497 488 484 479 -5 1.7% OK Franchise 360 359 388 418 448 30 24.4% Pharmacies 156 160 162 1631 1621 -1 3.8% LiquorShop 293 335 390 440 472 32 61.1% SOURCE: Shoprite Holdings NOTE: 1variance due to timing – data off website

Store Footprint Shoprite Store Count and Growth cont. Store Numbers by Trading Brand Shoprite had a net opening of 18 stores in HY2019 Shoprite remains the largest trading brand with 49% of the Group’s Supermarket brand store share with 657 stores of which 1731 are in Non-SA across 14 countries The 12 months to December 2018 saw 31 stores open and 5 close Checkers opened a net 6 new stores in HY2019 (No new Hypers, however many of these are being/have been refurbished) The Checkers portfolio is 227 Checkers stores and 37 Checkers Hyper Checkers has 81 stores in 2 Non-SA Checkers and Checkers Hypers account for 20% of the Group’s Supermarket brand store share Usave account for 31% of supermarket store numbers for the Group Net 9 new stores opened in HY2019 Usave has a total of 409 stores of which 571 are in 8 Non-SA countries SOURCE: Shoprite Holdings NOTE: 1variance due to timing – data off website

Store Footprint Non-South African Store Numbers Shoprite Group now has a total of 419 stores trading outside SA, across 14 countries in Africa and Indian Ocean islands In the 12 months to December 2018 37 stores opened and 18 closed The Group has 2381 Supermarkets in Non-SA at the end of HY2019, as well as 211 LiquorShop, 19 MediRite, 891 Furniture stores and 561 OKFD stores SOURCE: Shoprite Holdings NOTE: 1variance due to timing – data off website

Store Footprint Africa Supermarket Store Count Non-South African Store Numbers Namibia has 58 supermarkets including 27 Usave, 21 Shoprite and 7 Checkers Zambia is at 34 stores, all Shoprite brand Angola has 28 supermarkets, 22 Shoprite and 6 Usave Nigeria has 25, 24 Shoprite and 1 Usave Mozambique has 18 supermarkets, and Botswana and Swaziland have 17 Mauritius no longer has any stores Kenya has joined the portfolio, biggest market in East Africa, first Shoprite store has opened with another planned in H2 Africa Supermarket Store Count Total Shoprite Checkers Usave Total1 238 173 8 57 Angola 28 22   6 Botswana 17 11 1 5 DRC Ghana 7 Kenya Lesotho 14 Madagascar 10 Malawi 4 3 Mozambique 18 Namibia 55 21 27 Nigeria 25 24 Swaziland Uganda Zambia 34 DC capability is strategically important for the future roll out of stores in Africa as well as supply chain optimisation in those countries SOURCE: Shoprite Holdings NOTE: 1variance due to timing – data off website Shoprite Uganda

Store Footprint Confirmed New Stores to June 2019 Planned Store Openings Confirmed New Stores to June 2019 TOTAL GROUP 156 SA 121 Non-SA 35 There are 156 stores planned to June 2019 106 new supermarkets confirmed for 2019 48 confirmed new Shoprite stores, 14 Checkers and 44 Usave There are 21 LiquorShops and 21 OK Franchise Division stores confirmed for 2019 Furniture continues to expand with 8 OK Furniture stores confirmed 35 of new stores are Non-SA (22%) with the long-term view that the population boom expected will be worth the current volatility Confirmed New Stores 2019 TOTAL GROUP 156 Supermarkets 106 Shoprite 48 Checkers 14 Checkers Hyper Usave 44 LiquorShop 21 Hungry Lion1 Furniture 8 OK Furniture House&Home OK Franchise SOURCE: Shoprite Holdings NOTE: 1The Group disposed of its interest in Hungry Lion Fast Food (Pty) LTD when stores were sold in July 2018 – opening balance adjusted with 193 stores

Maryla Masojada | Lead Analyst Carey Leighton | Associate Analyst