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DGAP-News: Steinhoff International Holdings N.V.: Intention to progress implementation of the global settlement proposal Steinhoff International Holdings N.V.: UPDATE ON SETTLEMENT IMPLEMENTATION PROGRESS AND AN INCREASED SETTLEMENT PROPOSAL 16.07.2021 / 15:50 STEINHOFF INTERNATIONAL HOLDINGS N.V. - UPDATE ON SETTLEMENT IMPLEMENTATION PROGRESS AND AN INCREASED SETTLEMENT PROPOSAL Overview Steinhoff or the Steinhoff Group ) and the former South African holding company for such subsidiaries, Steinhoff International Holdings Proprietary Limited ( SIHPL ), are providing their respective stakeholders with updates on two important matters: 1) Intention to progress implementation of the global settlement proposal The Steinhoff Group continues to progress the implementation of its global settlement proposal, notwithstanding the legal challenges in the period since its launch. To date, the Steinhoff global settlement proposal has received support from a substantial number of

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