Enhanced Investments - Financial Portal

Operational Update

Published: 2022-10-12 08:30:27 ET

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



OPERATIONAL UPDATE

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



PEPCO GROUP: Year-end Pre-Close Trading Statement

Shareholders are advised that Steinhoff’s subsidiary, the fast-growing pan-European variety discount retailer,
Pepco Group, owner of the PEPCO and Dealz brands in mainland Europe and Poundland in the United
Kingdom, has today released a pre-close trading statement for the financial year ending 30 September 2022.
The trading statement is available on the Pepco Group website (https://www.pepcogroup.eu/).



MATTRESS FIRM: Update

Mattress Firm is the largest omni-channel mattress speciality retailer in the United States, with more than 2
300 retail stores nationwide, giving it the largest national, coast-to-coast retail footprint of any mattress
speciality retailer in the United States.

Steinhoff announced on 31 August 2021 that Mattress Firm had commenced evaluating a range of strategic
options, including a potential public listing. Further updates on the potential IPO-process were provided on
20 September 2021 and 10 January 2022. At Steinhoff’s AGM in March 2022 the market was informed that
while Mattress Firm was IPO-ready, the Steinhoff Group would continue to monitor the financial markets
and would continue to investigate all options. This message was once again conveyed in the Analyst Day
presentation at the end of July 2022.

While the monitoring of market conditions is ongoing, the Steinhoff Group is continuing to explore strategic
options for Mattress Firm. The evaluation process remains ongoing and no definitive decision has been
taken with respect to any specific course of action.



STEP 3: Group Services debt
The Steinhoff Group is continuing to engage with the various lender groups, with the assistance of market
experts, to restructuring the Group Services debt with a view to extending the duration. Further information
will be provided to the market as and when appropriate.



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

Stellenbosch, 12 October 2022

Sponsor: PSG Capital

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.