DIS-CHEM PHARMACIES LIMITED - Related party transactions - availability of fairness opinion

Related party transactions - availability of fairness opinion

Dis-Chem Pharmacies Limited
(Incorporated in the Republic of South Africa)
(Registration number 2005/009766/06)
JSE share code: DCP ISIN: ZAE000227831
("Dis-Chem" or "the Company" or "the Group")

RELATED PARTY TRANSACTIONS – AVAILABILITY OF FAIRNESS OPINION

Shareholders are referred to the announcement released on SENS on 31 May 2024 in terms of which shareholders
were advised that Dis-Chem had entered into a binding Share Subscription Agreement with OneSpark Proprietary
Limited ("OneSpark") and OneSpark Holdings Inc. (a corporation duly incorporated in accordance with the state
of Delaware of the United States of America) to subscribe for a 50% interest in the ordinary share capital of
OneSpark for a consideration of R155 940 228.00.

As set out in the 31 May 2024 announcement, PricewaterhouseCoopers Corporate Finance (Pty) Ltd ("PWC") was
appointed by the Company as the independent professional expert and has furnished the Dis-Chem board of
directors with its opinion ("Independent Expert Opinion") confirming that the terms of the Transactions are fair
to Dis-Chem shareholders.

Shareholders are advised that the Independent Expert Opinion has been reviewed and approved by the JSE and
is available for inspection at Dis-Chem's registered office, 23 Stag Road, Midrand, 1685, for a period of 28 days
from the date of this SENS announcement.

Shareholders are further advised that the report is available on the Company's website at
https://dischemgroup.com/investors/sens/ for a period of 28 days from the date of this SENS announcement.


Midrand
15 July 2024

N Lumley
Company Secretary

Sponsor
The Standard Bank of South Africa Limited

Independent Expert
PricewaterhouseCoopers Corporate Finance (Pty) Ltd

Date: 15-07-2024 08:46:00
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