In accordance with Section 3.59 of the JSE Limited Listings requirements, HCI shareholders are advised that the following change has been made to the composition of the HCI Board of

Ms Ngiphiwe (Mapi) Mhlangu has been appointed as a non-executive director of HCI with immediate effect.

Ngiphiwe (Mapi) Mhlangu is an executive news professional with over 16 years broadcasting experience. She is the Channel News Director at eNCA, the most watched 24-hour news channel
in the country, where she oversees and directs the editorial content for all news bulletins. She is the chair of the broadcasting forum of the South African National Editors Forum (SANEF), an
African Leadership Initiative media fellow and Duke University Menell fellow. She is currently studying towards her MBA at Henley Business School.

The Group welcomes Ms Mhlangu and looks forward to her contribution.

23 March 2017
Cape Town