Massmart Holdings Limited (Incorporated in the Republic of South Africa) Company registration No. 1940/014066/06 JSE Code: MSM ISIN: ZAE 000152617 ("Massmart" or the "Company") CHANGE IN BENEFICIAL INTEREST IN SECURITIES In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 (the “Companies Act”) and paragraph 3.83(b) of the JSE Listings Requirements, shareholders are hereby advised that Massmart has received formal notification from RMB Morgan Stanley (Pty) Ltd (“RMB”) that it has acquired an interest in the ordinary shares of Massmart, such that the total interest in the ordinary shares held in the Company by RMB now amounts to 5.29% of the total issued ordinary shares of Massmart. As required in terms of Section 122 of the Companies Act, the required notices will be filed with the Takeover Regulation Panel in due course. Johannesburg 18 October 2022 JSE Sponsor to Massmart: J.P. Morgan Equities South Africa Proprietary Limited