DGAP-News: Steinhoff International Holdings N.V. : NOMINATION TO THE STEINHOFF SUPERVISORY BOARD

STEINHOFF - NOMINATION TO THE STEINHOFF SUPERVISORY BOARD

Steinhoff International Holdings N.V. ("Steinhoff")

Steinhoff announces today that its Supervisory Board has nominated David Pauker for appointment to the Supervisory Board for a period from Steinhoff's next general meeting of shareholders until the close of the annual general meeting of shareholders to be held in 2023. Upon approval by the general meeting, David Pauker will serve as an independent supervisory director. Until his appointment, he will, however, be entitled to attend meetings of the Supervisory Board and its committees in an advisory capacity.

David has more than 25 years of experience as a financial advisor and turnaround manager working with companies facing difficult decisions in transformative environments. He previously managed a leading U.S. restructuring advisory practice.

Heather Sonn, Chairperson of the Supervisory Board of Steinhoff, stated "Steinhoff welcomes the nomination of David Pauker to the Supervisory Board. David has an impressive track record. We are delighted that he has agreed to join Steinhoff and we look forward to his contribution."

The nomination will be submitted to the General Meeting for appointment in due course.

Stellenbosch, 7 February 2019