Non-executive Directors

Mark J Lamberti

Chairman of the Board and Chairman of the Remuneration and Nominations Committee

Appointed 1 August 1988. Following progress through a multi-functional retail career that began in 1975, Mark was appointed Managing Director of the ailing six-store Makro chain in 1988. After successful repositioning of the chain, he founded Massmart in 1990 to pursue an aggressive growth strategy in high-volume, low-gross margin, low-expense retailing and wholesaling.

In 1996, he was appointed Executive Chairman of Massmart and from July 2003 CEO and Deputy Chairman of the Board. At the end of June 2007 he relinquished his executive role to become non-executive Chairman. His role as architect and leader of Massmart has been widely recognised with numerous awards including that of the Ernst & Young South African Entrepreneur of the Year in 2001.

Mark currently serves as Chief Executive Officer of Transaction Capital (Pty) Limited and a director and executive committee member of Business Leadership South Africa.

His commitment to education has led to his involvement as a benefactor, director or adviser to a number of educational institutions, including the Wits Business School where he is an Honorary Professor.

Chris Seabrooke

Deputy Chairman of the Board and Lead Independent Director, Chairman of the Audit and Risk Committee and member of the Remuneration and Nominations Committee

Appointed 1 February 2000. Chris has, over the years, been a director of over 20 stock exchange-listed companies. He is currently CEO of Sabvest Limited (JSE), Chairman of Metrofile Holdings Limited and a director of Datatec Limited (JSE/AIM), Net1 UEPS Technologies Inc (Nasdaq/JSE) and Brait S.A. (Luxembourg/JSE). He is also Chairman of the Alternative Equity Partners Fund and a director of a number of unlisted companies locally and internationally. He is a former Chairman of the South African State Theatre and former Deputy Chairman of both the inaugural National Arts Council of South Africa and the founding board of Business & Arts South Africa.

Jeffrey Davis

Walmart Stores Inc.ís Senior Vice-President Finance & Treasurer

Appointed 20 June 2011. Jeffrey Davis is Walmart Stores Inc.’s Senior Vice-President Finance & Treasurer and has responsibility for treasury operations, capital markets, investor relations and risk management. Jeffrey was previously Senior Vice President of Finance and Strategy, Operations, for Walmart U.S. He joined Walmart in 2006 as Vice President of Finance for the Walmart U.S. health and wellness merchandise unit. Previously, he served as Chief Financial Officer for Lakeland Tours, LLC, where he led its acquisition growth strategy and was responsible for all accounting, financial reporting, treasury and capital structuring, and strategic planning functions. Prior to that, Jeffrey was Chief Financial Officer for McKesson General Medical and he held a number of financial leadership roles at the Hillman Co, a private investment holding company. He also spent four years at KPMG Peat Marwick as an audit supervisor.

Dr Nolulamo ('Lulu') Gwagwa

Member of the Audit and Risk Committee

Appointed 1 November 2006. Lulu is Chief Operating Officer of Lereko Investments (Pty) Limited. She was Deputy Director General in the National Department of Public Works, responsible for establishing the national public works programme, and completed a five-year term as the CEO of the Independent Development Trust. She has served on various Government commissions, is the CEO of Lereko, and is a non-executive director of FirstRand Limited, the Ethics Institute of South Africa and Sun International Limited.

Phumzile Langeni

Chairperson of the Social and Ethics Committee and member of the Audit and Risk Committee

Appointed 25 August 2004. Phumzile is the Executive Chairperson of Afropulse Group (Pty) Limited, a women-led investment, investor relations and corporate advisory house. She is a stock broker by training and was previously the economic adviser to the Minister of Minerals and Energy, and an executive director of dual-listed junior platinum miner, Anooraq Resources. Phumzile is the non-executive chairman of Astrapak Limited, a non-executive director of Imperial Holdings Limited, Peermont Global (Pty) Limited, the Mineworkers Investment Company (Pty) Limited, Primedia (Pty) Limited, Transaction Capital (Pty) Limited and a member of the Port Regulator.

C Douglas McMillon

President and Chief Executive Officer of Walmart International and a member of the Remuneration and Nominations Committee

Appointed 20 June 2011. Doug McMillon is the president and chief executive officer of Walmart International. In 1984, Doug began his career with the company as a summer associate in a Walmart Distribution Center. In 1990, while pursuing his MBA, he rejoined the company in a Tulsa, Okla., Walmart store. Most of Doug’s 20-year career has been in merchandising in the Walmart U.S. division, primarily in food, apparel and general merchandise. He has also held various merchandising positions at Sam’s Club and Walmart International in addition to holding leadership roles in all three operating segments of the company. From 2006 to February 2009, Doug served as President and Chief Executive Officer of Sam’s Club, an operating segment of Walmart, with sales of more than $46 billion during his tenure. He currently serves on the board of directors of the U.S. China Business Council, the executive committee and board of directors for Students in Free Enterprise (SIFE), the Dean’s Advisory Board for the Walton College of Business at the University of Arkansas and the board for Crystal Bridges, an American art museum. Doug has also been recognised as a Young Global Leader by the World Economic Forum.

JP Suarez

Senior Vice President of International Business Development for Walmart International and a member of the Social and Ethics Committee

Appointed 20 June 2011. John Peter (JP) Suarez is the Senior Vice President of International Business Development for Walmart International. JP is responsible for leading Walmart’s international merger and acquisition activities, international real estate and construction activities, and global format development efforts. Prior to being named to his current position in 2011, JP was Senior Vice President and General Counsel for Walmart International. He joined the company in 2004 as Vice President and General Counsel for Sam’s Club. His previous experience includes serving as the United States’ EPA Assistant Administrator for Enforcement and Compliance, acting as a federal and state prosecutor, and working as Chief Enforcement Officer over New Jersey’s gaming industry.