VOLUNTARY CONDITIONAL GENERAL OFFER SAPPHIRE INVESTMENTS B.V. JACOBS DOUWE EGBERTS B.V. SUPER GROUP LTD. J.P. MORGAN (S.E.A.

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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION.

UNAUTHORISED. VOLUNTARY CONDITIONAL GENERAL OFFER by SAPPHIRE INVESTMENTS B.V. (Incorporated in the Netherlands) (Company Registration No.

1 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION. THIS ANNOUNCEMENT SHALL NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL, SUBSCRIBE FOR OR BUY SECURITIES IN ANY JURISDICTION WHERE SUCH OFFER OR SOLICITATION IS UNLAWFUL OR UNAUTHORISED. VOLUNTARY CONDITIONAL GENERAL OFFER by SAPPHIRE INVESTMENTS B.V. (Incorporated in the Netherlands) (Company Registration No ) a wholly-owned subsidiary of JACOBS DOUWE EGBERTS B.V. (Incorporated in the Netherlands) (Company Registration No ) to acquire all the issued ordinary shares in the capital of SUPER GROUP LTD. (Company Registration No K) Financial Adviser to Sapphire Investments B.V. J.P. MORGAN (S.E.A.) LIMITED (Company Registration No W) Exclusive Financial Adviser to Super Group Ltd. EVERCORE ASIA (SINGAPORE) PTE. LTD. (Company Registration No D)

2 Independent Financial Adviser to the Independent Directors SAC CAPITAL PRIVATE LIMITED (Company Registration No N) DESPATCH OF COMPOSITE DOCUMENT 1. INTRODUCTION The respective boards of directors of Sapphire Investments B.V. (the Offeror ), an indirectly wholly-owned subsidiary of Jacobs Douwe Egberts B.V. ( JDE ), and Super Group Ltd. (the Company ) refer to the announcement (the Offer Announcement ) dated 27 February 2017 released jointly by the Offeror and the Company in relation to the voluntary conditional general offer (the Offer ) by the Offeror to acquire all the issued ordinary shares ( Shares ) of the Company, including any Shares owned, controlled or agreed to be acquired by parties acting or deemed to be acting in concert with the Offeror, in accordance with Rule 15 of the Singapore Code on Take-overs and Mergers (the Code ). All capitalised terms used and not defined herein shall have the same meanings ascribed to them in the Composite Document (as defined in paragraph 2 below). 2. DESPATCH OF COMPOSITE DOCUMENT The respective boards of directors of the Offeror and the Company wish to jointly announce that the composite document dated 14 March 2017 (the Composite Document ) has been despatched to the shareholders of the Company (the Shareholders ) today. The Composite Document comprises, amongst other things, the following: (i) the Offer, as set out in the letter from J.P. Morgan (S.E.A.) Limited, the financial adviser to the Offeror in connection with the Offer (the Offeror s Financial Adviser ), for and on behalf of the Offeror, to Shareholders in connection with the Offer, together with the Acceptance Forms (as defined in paragraph 3 below) (the Offer Document ); and (ii) the letter to Shareholders from the board of directors of the Company in relation to the Offer, which sets out, inter alia, the recommendation of the directors of the Company who are considered independent for the purposes of the Offer (the Independent Directors ), together with the letter dated 14 March 2017 from the independent financial adviser to the Independent Directors containing its advice in 2

3 respect of the Offer (as set out in Appendix A to the Composite Document) (the Offeree s Circular ). Electronic copies of the Composite Document (including the Acceptance Forms) are available on the website of the Singapore Exchange Securities Trading Limited (the SGX- ST ) at 3. PROCEDURES FOR ACCEPTANCE The procedures for acceptance of the Offer by a Shareholder are set out in Appendix 2 to the Composite Document and in the Form of Acceptance and Authorisation for Offer Shares in respect of the Offer (the FAA ) and the Form of Acceptance and Transfer for Offer Shares in respect of the Offer (the FAT and together with the FAA, the Acceptance Forms ). Shareholders who wish to accept the Offer may do so by completing and returning the FAA and/or the FAT (as the case may be). 4. REQUEST FOR COMPOSITE DOCUMENT AND ACCEPTANCE FORMS 4.1 Request by Depositors. Shareholders whose Securities Accounts with The Central Depository (Pte) Limited ( CDP ) are credited with Shares ( Depositors ) who do not receive the Composite Document and the accompanying FAA within a week hereof should contact CDP immediately at the address set out below: The Central Depository (Pte) Limited 9 North Buona Vista Drive #01-19/20 The Metropolis Singapore Copies of the Composite Document and the accompanying FAA may be obtained by Depositors from CDP during normal business hours and up to the Closing Date (as defined in paragraph 5 below), upon production of satisfactory evidence that their Securities Accounts with CDP are or will be credited with Shares. 4.2 Request by Scripholders. Shareholders whose names appear in the register of members of the Company ( Scripholders ) who do not receive the Composite Document and the accompanying FAT within a week from the date hereof should contact Boardroom Corporate & Advisory Services Pte. Ltd. immediately at the address set out below: Boardroom Corporate & Advisory Services Pte. Ltd. 50 Raffles Place #32-01 Singapore Land Tower Singapore Copies of the Composite Document and the accompanying FAT may be obtained by Scripholders from Boardroom Corporate & Advisory Services Pte. Ltd. during normal business hours and up to the Closing Date, upon production of satisfactory evidence of title to the Shares. 3

4 5. CLOSING DATE The Offer will remain open for acceptance until 5.30 p.m. (Singapore time) on 11 April 2017 (Tuesday) or such later date(s) as may be announced from time to time by or on behalf of the Offeror (the Closing Date ). 6. OVERSEAS SHAREHOLDERS 6.1 Overseas Shareholders. The availability of the Offer to Shareholders whose addresses are outside Singapore, as shown on the register of members of the Company or in the records of CDP (as the case may be) ( Overseas Shareholders ), may be affected by the laws of the relevant overseas jurisdictions. Accordingly, any Overseas Shareholder should inform himself about and observe any applicable legal requirements, and exercise caution in relation to the Offer, as the Composite Document has not been reviewed by any regulatory authority in any overseas jurisdiction. Where there are potential restrictions on sending the Composite Document and any other formal documentation relating to the Offer to any overseas jurisdictions where the making of or the acceptance of the Offer would violate the law of that jurisdiction (a Restricted Jurisdiction ), the Offeror, the Offeror s Financial Adviser and CDP each reserves the right not to send these documents to Shareholders in such Restricted Jurisdictions, and persons receiving such documents (including custodians, nominees and trustees) must not mail or otherwise forward, distribute or send them in or into or from any Restricted Jurisdiction. For the avoidance of doubt, the Offer is open to all Shareholders, including those to whom the Composite Document and the Acceptance Forms have not been, or may not be, sent. The Offer will be made in the United States pursuant to an exemption from the U.S. tender offer rules provided by Rule 14d-1(c) of the Securities Exchange Act of 1934 and otherwise in accordance with the requirements of the Code. Accordingly, the Offer will be subject to disclosure and other procedural requirements, including with respect to withdrawal rights, offer timetable, settlement procedures and timing of payments that are different from those applicable under U.S. domestic tender offer procedures and laws. The Composite Document has not been and will not be filed with the authorities of any jurisdiction outside of Singapore. It is the responsibility of any Overseas Shareholder who wishes to (i) request for the Composite Document and/or any related documents; or (ii) accept the Offer, to satisfy himself as to the full observance of the laws of the relevant jurisdiction in that connection, including the obtaining of any governmental or other consent which may be required, and compliance with all necessary formalities or legal requirements and the payment of any taxes, imposts, duties or other requisite payments due in such jurisdiction. Such Overseas Shareholder shall be liable for any such taxes, imposts, duties or other requisite payments payable and the Offeror and any person acting on its behalf (including the Offeror s Financial Adviser) shall be fully indemnified and held harmless by such Overseas Shareholder for any such taxes, imposts, duties or other requisite payments as the Offeror 4

5 and/or any person acting on its behalf (including the Offeror s Financial Adviser) may be required to pay. In (a) requesting for the Composite Document and/or any related documents; and/or (b) accepting the Offer, the Overseas Shareholder represents and warrants to the Offeror and the Offeror s Financial Adviser that he is in full observance of the laws of the relevant jurisdiction in that connection, and that he is in full compliance with all necessary formalities or legal requirements. Any Overseas Shareholder who is in any doubt about his position should consult his professional adviser in the relevant jurisdiction. Overseas Shareholders should read paragraph 11 of the Offer Document entitled Overseas Shareholders carefully. 6.2 Copies of the Composite Document. Overseas Shareholders may, nonetheless, obtain copies of the Composite Document and/or any related documents, during normal business hours and up to the Closing Date, from the Offeror through its receiving agent, Boardroom Corporate & Advisory Services Pte. Ltd. (if he is a Scripholder) at its office located at 50 Raffles Place, #32-01 Singapore Land Tower, Singapore or The Central Depository (Pte) Limited (if he is a Depositor) at 9 North Buona Vista Drive, #01-19/20 The Metropolis, Singapore Alternatively, an Overseas Shareholder may write to the Offeror through Boardroom Corporate & Advisory Services Pte. Ltd. (if he is a Scripholder) at the address listed above or The Central Depository (Pte) Limited (if he is a Depositor) at Robinson Road Post Office P.O. Box 1984 Singapore , to request for the Composite Document and/or any related documents to be sent to an address in Singapore by ordinary post at the Overseas Shareholder s own risk, up to three Market Days prior to the Closing Date. 7. INFORMATION PERTAINING TO CPFIS INVESTORS AND SRS INVESTORS Investors who have purchased Shares using their Central Provident Fund ( CPF ) contributions pursuant to the Central Provident Fund Investment Scheme ( CPFIS and such investors, CPFIS Investors ) and investors who have purchased Shares pursuant to The Supplementary Retirement Scheme ( SRS and such investors, SRS Investors ) should receive further information on how to accept the Offer from their respective CPF Agent Banks and SRS Agent Banks. CPFIS Investors and SRS Investors are advised to consult their respective CPF Agent Banks and SRS Agent Banks should they require further information, and if they are in any doubt as to the action they should take, CPFIS Investors and SRS Investors should seek independent professional advice. CPFIS Investors and SRS Investors who wish to accept the Offer are to reply to their respective CPF Agent Banks and SRS Agent Banks by the deadline stated in the letter from their respective CPF Agent Banks and SRS Agent Banks, which may be earlier than the Closing Date. CPFIS Investors and SRS Investors will receive the Offer Price payable in respect of their Shares validly tendered in acceptance of the Offer through appropriate intermediaries in their respective CPF investment accounts and SRS investment accounts. 5

6 8. INDEPENDENT ADVICE The Offeror s Financial Adviser is acting for and on behalf of the Offeror and does not purport to advise the Shareholders or any other person. In issuing the Offer Document on behalf of the Offeror, the Offeror s Financial Adviser had not had regard to the general or specific investment objectives, tax position, risk profiles, financial situation or particular needs and constraints of any Shareholder. 9. RESPONSIBILITY STATEMENTS 9.1 The Offeror and JDE. The directors of the Offeror and the directors of JDE (including any director who may have delegated detailed supervision of this Announcement) have taken all reasonable care to ensure that the facts stated and all opinions expressed in this Announcement (other than those relating to the Company) are fair and accurate and that no material facts have been omitted therefrom. The directors of the Offeror and the directors of JDE jointly and severally accept responsibility accordingly. Where any information has been extracted or reproduced from published or otherwise publicly available sources (including, without limitation, in relation to the Company), the sole responsibility of the directors of the Offeror and the directors of JDE has been to ensure, through reasonable enquiries, that such information is accurately and correctly extracted from such sources or, as the case may be, reflected or reproduced in this Announcement. 9.2 The Company. The directors of the Company (including any director who may have delegated detailed supervision of this Announcement) have taken all reasonable care to ensure that the facts stated and all opinions expressed in this Announcement (other than those relating to the Offeror, JDE or the Offer) are fair and accurate and that no material facts have been omitted therefrom. The directors of the Company jointly and severally accept responsibility accordingly. Where any information has been extracted or reproduced from published or otherwise publicly available sources, the sole responsibility of the directors of the Company has been to ensure, through reasonable enquiries, that such information is accurately and correctly extracted from such sources or, as the case may be, reflected or reproduced in this Announcement. 14 March 2017 BY ORDER OF THE BOARD SAPPHIRE INVESTMENTS B.V. BY ORDER OF THE BOARD SUPER GROUP LTD. 6

7 Any inquiries relating to the Offer or the Offer Document should be directed during office hours to the following: J.P. Morgan (S.E.A.) Limited Ee-Ching Tay Managing Director Head of Southeast Asia Mergers and Acquisitions Ren Yi Sng Executive Director Investment Banking Tel: Any inquiries relating to the Company or the Offeree s Circular should be directed during office hours to the following: Evercore Asia (Singapore) Pte. Ltd. Keith Magnus Chief Executive Officer and Senior Managing Director Axel Granger Managing Director Tel: Forward-Looking Statements All statements other than statements of historical facts included in this Announcement are or may be forward-looking statements. Forward-looking statements include but are not limited to those using words such as aim, seek, expect, anticipate, estimate, believe, intend, project, plan, strategy, forecast and similar expressions or future and conditional verbs such as will, would, should, could, may and might. These statements reflect the Offeror s, JDE s or the Company s current expectations, beliefs, hopes, intentions or strategies regarding the future and assumptions in light of currently available information. Such forward-looking statements are not guarantees of future performance or events and involve known and unknown risks and uncertainties. Accordingly, actual results may differ materially from those described in such forward-looking statements. Shareholders and investors of the Offeror, JDE and the Company should not place undue reliance on such forward-looking statements. None of the Offeror, JDE, the Offeror s Financial Adviser, the Company or the Offeree s Financial Adviser guarantees any future performance or event or undertakes any obligation to update publicly or revise any forwardlooking statements. 7

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