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No Change Statement and Publication of Annual Report INDUSTRIALS REIT LIMITED (formerly Stenprop Limited) (Registered in Guernsey) (Registration number 64865) LSE share code: MLI JSE share code: MLI ISIN: GG00BFWMR296 ("Industrials REIT" or the "Company") No Change Statement and Publication of Annual Report 27 June 2022 Shareholders are advised that Industrials REIT's annual report, incorporating the audited annual financial statements for the year ended 31 March 2022 (on which the Company's auditors, BDO LLP, expressed an unqualified audit opinion), is being dispatched today, Monday, 27 June 2022, to shareholders. The audited annual financial statements contain no changes from the preliminary results announcement for the year ended 31 March 2022, which were published on 10 June 2022. The annual report is available on the Company's website: https://www.industrialsreit.com/investor- information/reports-and-presentations/. The notice of annual general meeting of Industrials will be posted separately on or about 29 July 2022. For further information: Industrials REIT Limited +44(0)20 3918 6600 Paul Arenson (paul.arenson@industrials.co.uk) Julian Carey (julian.carey@industrials.co.uk) James Beaumont (james.beaumont@industrials.co.uk) Numis Securities Limited (Financial Adviser) +44(0)20 7260 1000 Hugh Jonathan Vicki Paine FTI Consulting (PR Adviser) +44(0)20 3727 1000 Richard Sunderland Richard Gotla Neel Bose industrialsreit@fticonsulting.com Java Capital +27 (0)11 722 3050 (JSE Sponsor) About Industrials REIT: Industrials REIT is a UK REIT with a primary listing on the London Stock Exchange and a secondary listing on the JSE. The objective of the Company is to deliver a combination of sustainable growing income and growth in value to its investors. Industrials REIT focuses on owning and operating a diversified portfolio of UK purpose built multi-let industrial (MLI) estates across the UK. The Company aspires to be the leading MLI business in the UK. For further information, go to www.industrialsreit.com. Date: 27-06-2022 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Dealings in securities by an associate of a director of Fairvest Fairvest Limited (previously known as Arrowhead Properties Limited) (Incorporated in the Republic of South Africa) (Registration number 2007/032604/06) JSE share code: FTA ISIN: ZAE000304788 JSE share code: FTB ISIN: ZAE000304796 LEI: 378900E93AFC4D1CAD45 (Granted REIT status with the JSE) ("Fairvest") DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF FAIRVEST Shareholders are advised of the following information relating to dealings in securities by an associate of a director of Fairvest: Name of associate: The Wilder Family Trust Name of director and relationship to director: Darren Wilder, who is a trustee and beneficiary of the Wilder Family Trust Transaction date: 24 June 2022 Class of securities: B ordinary shares Number of securities: 1 600 000 Price per security: R3.07 Total value: R4 912 000.00 Nature of transaction: On-market purchase Nature and extent of director's interest: Indirect beneficial Clearance to deal received: Yes 27 June 2022 Sponsor Java Capital Date: 27-06-2022 03:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Listing Of The Satrix Smart City Infrastructure Feeder Etf On The Main Board Of The Jse Limited ("Jse") - STXCTY SATRIX COLLECTIVE INVESTMENT SCHEME SATRIX SMART CITY INFRASTRUCTURE FEEDER ETF JSE Code: STXCTY ISIN: ZAE000311577 ("Satrix Smart City Infrastructure" or the "Portfolio") A portfolio in the Satrix Collective Investment Scheme, registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002. LISTING OF THE SATRIX SMART CITY INFRASTRUCTURE FEEDER ETF AND THE SCHEME REFERENCING THE STOXX GLOBAL SMART CITY INFRASTRUCTURE INDEX ON THE MAIN BOARD OF THE JSE LIMITED ("JSE") IN THE EXCHANGE TRADED FUND SECTOR. This announcement is issued for information purposes only relating to the listing of the portfolio on the JSE. 1. Introduction Satrix Smart City Infrastructure participatory interests provide the investors exposure to developed and emerging market companies that provide services and solutions for development and efficient running of Smart City infrastructure in a sustainable manner. 2. Listing approval Approval for the listing of the participatory interest in the portfolio was granted by the JSE on 17 June 2022. 3. Summary of the offer 3.1. Issuer Satrix Smart City Infrastructure, a portfolio in the Satrix Collective Investment Scheme in Securities, registered in terms of the Collective Investment Schemes Control Act, No 45 of 2002. 3.2. ISIN: ZAE000311577 3.3. Share code: STXCTY 3.4. Long name: Satrix Smart City Infrastructure Feeder ETF 3.5. Abbreviated name: SATRIXCTY 3.6. Index Launched in June 2013, the STOXX Global Smart City Infrastructure Index tracks the performance of companies deploying the physical structures and facilities needed as urban development gets more intelligent and efficiency- focused. As such, the index targets two global thematic trends: that of smart cities and of infrastructure. As cities in the digital era are faced with expanding populations, limited natural resources, rapidly changing technology and the need to protect the environment, new facilities are required to address challenges and exploit innovative means of transport, housing, energy, waste management and communications. The index constituents are weighted by the security free-float adjusted market capitalization calculated based on the Foreign Inclusion Factor (FIF) and subject to Foreign Ownership Limits (FOLs). 3.7. Distribution or accounting period The underlying fund reinvests the income from the constituents in the index and therefore does not distribute. 3.8. The ramp up period It is the period during which the manager will procure the acquisition of baskets with the cash proceeds from the initial offer and will be announced at the close of the offer. 4. Salient dates and times 4.1. Opening date of the initial offer at 09:00 on Tuesday, 28 June 2022 4.2. Closing date of the initial offer at 12:00 on Thursday, 14 July 2022 4.3. Ramp up period in respect of cash subscriptions commences on Friday, 15 July 2022 4.4. Settlement of Letters of allocation on Monday, 18 July 2022 4.5. Publication of announcement on SENS as to the results of the initial offer on Tuesday, 19 July 2022 4.6. Publication of conversion ratio on Thursday, 21 July 2022 4.7 Ramp up period in respect of in specie subscriptions, Monday, 25 July 2022 4.8. Listing date at 9:00 on Tuesday, 26 July 2022 * One letter of allocation ("LA") will be issued for every Rand subscription against a subscriber's CSDP or broker account being debited with the Rand amount. Once the baskets of Index constituents have been acquired, STRATE will convert the LAs to Satrix securities in the CSDP accounts in terms of the conversion ratios that will be published on SENS. 5. Copies of the supplement to the programme memorandum A supplement to the programme memorandum detailing this offer is available on the website of the Satrix Collective Investment Scheme on www.satrix.co.za 27 June 2022 Satrix Managers (RF) Pty Limited JSE Sponsor Vunani Date: 27-06-2022 03:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Trading statement Crookes Brothers Limited (Incorporated in the Republic of South Africa) (Registration number 1913/000290/06) Share code: CKS ISIN: ZAE000001434 ("the Company") TRADING STATEMENT In terms of the JSE Limited Listings Requirements, a company is required to publish a trading statement as soon as it becomes reasonably certain that the financial results for the next period to be reported on will differ by at least 20% or more from those of the previous corresponding period. For the financial year ended 31 March 2022, shareholders are advised that: • basic earnings per share is expected to be 410.20 cents, compared to 152.2 cents for the year ending 31 March 2022 ("the Corresponding Period"); and • headline earnings per share is expected to be 229.60 cents, compared to headline earnings of 272,2 cents for the Corresponding Period. The increase in basic earnings is mainly due the capital profit realised from the sale of the group's remaining portions of the Riversbend farm in the Nkwalini Valley of northern KwaZulu-Natal. This capital profit is excluded from the calculation of headline earnings, hence the decrease compared to the Corresponding Period. The Company's results for the year ended 31 March 2022 will be published on or about 30 June 2022. Durban 27 June 2022 JSE Sponsor to Crookes Brothers Questco Corporate Advisory (Pty) Ltd Date: 27-06-2022 03:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

CPV Power Plant No 1 Bond SPV - Partial Redemption Notification CPV Power Plant No.1 Bond SPV (RF) Limited (Incorporated in the Republic of South Africa) (Registration number 2012/176922/06) Instrument Code: CPV01 ISIN: Z AG000104894 ("CPV Power Plant No.1 Bond SPV" or "the Issuer") CPV Power Plant No 1 Bond SPV - Redemption Notification In accordance with the Terms and Conditions of CPV Power Plant No 1 Bond SPV notes, noteholders are advised of the scheduled partial redemption effective, 30 June 2022. Stock Amount Outstanding after ISIN Partial Code Capital Redemption Redemption Amount CPV01 ZAG000104894 ZAR 31,251,649 ZAR 669,056,040 27 June 2022 Debt Sponsor The Standard Bank of South Africa Limited Date: 27-06-2022 03:11:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Secondary listing on A2X DISCOVERY LIMITED (Incorporated in the Republic of South Africa) (Registration number 1999/007789/06) Legal Entity Identifier: 378900245A26169C8132 JSE share codes: DSY, DSBP DSY ISIN: ZAE000022331 DSBP ISIN: ZAE000158564 JSE bond company code: DSYI ("Discovery") SECONDARY LISTING ON A2X Shareholders and noteholders are hereby advised that Discovery's ordinary shares have been approved for inclusion in the list of qualifying equity securities to be traded on the A2X exchange in South Africa ("A2X") with effect from 4 July 2022 (the "A2X listing date"). Discovery's primary listing on the JSE Limited and issued share capital will be unaffected by the secondary listing on A2X. Discovery's shares will commence trading on A2X from the A2X listing date. A2X is a licensed stock exchange authorised to provide a secondary listing venue for companies and is regulated by the South African Financial Sector Conduct Authority in terms of the Financial Markets Act 19 of 2012. Sandton 27 June 2022 Sponsor and debt sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 27-06-2022 03:09:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Notification of transactions by Directors and PDMRs Anglo American plc (the "Company") Registered office: 17 Charterhouse Street, London EC1N 6RA Registered number: 3564138 (incorporated in England and Wales) Legal Entity Identifier: 549300S9XF92D1X8ME43 ISIN: GBOOB1XZS820 JSE Share Code: AGL NSX Share Code: ANM Notification of transactions by Directors and PDMRs The Company announces the following transactions in its Ordinary Shares, pursuant to a Non- Executive Directors' ‘Shares in lieu of fees' scheme. The Shares were acquired in the market using after-tax Directors' fees in respect of their services to the Company relating to the period 1 April - 30 June 2022. In accordance with Article 19 of the UK Market Abuse Regulation, the relevant FCA notifications are set out below. 1. Details of PDMR / person closely associated (PCA) a) Name Stuart Chambers 2. Reason for the notification a) Position / status Chairman (Director/PDMR) b) Initial notification / Initial notification amendment 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Full name of the entity Anglo American plc b) LEI 549300S9XF92D1X8ME43 4. Details of the transaction(s) a) Description of the financial Anglo American plc Ordinary Shares of USD0.54945 each instrument Identification Code GB00B1XZS820 b) Nature of the transaction Purchase of Shares, pursuant to a Non-Executive Directors' ‘Shares in lieu of fees' scheme c) Currency GBP - British Pound d) Price(s) and volume(s) Price(s) Volume(s) GBP 30.347 498 e) Aggregated information Aggregated volume 498 Price GBP 30.347 f) Date of the transaction 2022-06-24 g) Place of the transaction London Stock Exchange - XLON 1. Details of PDMR / PCA a) Name Nonkululeko Nyembezi 2. Reason for the notification a) Position / status Non-Executive Director (Director/PDMR) b) Initial notification / Initial notification amendment 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Full name of the entity Anglo American plc b) LEI 549300S9XF92D1X8ME43 4. Details of the transaction(s) a) Description of the financial Anglo American plc Ordinary Shares of USD0.54945 each instrument Identification Code GB00B1XZS820 b) Nature of the transaction Purchase of Shares, pursuant to a Non-Executive Directors' ‘Shares in lieu of fees' scheme c) Currency GBP - British Pound d) Price(s) and volume(s) Price(s) Volume(s) GBP 30.347 223 e) Aggregated information Aggregated volume 223 Price GBP 30.347 f) Date of the transaction 2022-06-24 g) Place of the transaction London Stock Exchange - XLON Clare Davage Deputy Company Secretary 27 June 2022 The Company has a primary listing on the Main Market of the London Stock Exchange and secondary listings on the Johannesburg Stock Exchange, the Botswana Stock Exchange, the Namibia Stock Exchange and the SIX Swiss Exchange. Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 27-06-2022 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

FRII - Interest Payment Notifications FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1929/001225/06) Issuer code: FRII LEI: ZAYQDKTCATIXF9OQY690 Bond Code: FRC325 ISIN: ZAG000164302 Bond Code: FRC406 ISIN: ZAG000186198 Bond Code: FRS238 ISIN: ZAG000171679 Bond Code: FRS305 ISIN: ZAG000186792 (FRB) INTEREST PAYMENT NOTIFICATIONS Noteholders are advised of the following interest payment due 4 July 2022: Bond code: FRC325 ISIN: ZAG000164302 Coupon: 5.967% Interest amount due: ZAR 743 831.51 Interest period: 4 April 2022 to 3 July 2022 Date Convention: Modified Following Business Day Payment Date: 4 July 2022 Noteholders are advised of the following interest payments due 6 July 2022: Bond code: FRC406 ISIN: ZAG000186198 Coupon: 8.483% Interest amount due: ZAR 204 521.64 Interest period: 23 May 2022 to 5 July 2022 Bond code: FRS305 ISIN: ZAG000186792 Coupon: 11.083% Interest amount due: ZAR 1 657 895.34 Interest period: 13 June 2022 to 5 July 2022 Date Convention: Modified Following Business Day Payment Date: 6 July 2022 Noteholders are advised of the following interest payment due 13 July 2022: Bond code: FRS238 ISIN: ZAG000171679 Coupon: 10.733% Interest amount due: ZAR 668 974.66 Interest period: 13 April 2022 to 12 July 2022 Date Convention: Modified Following Business Day Payment Date: 13 July 2022 27 June 2022 Debt Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 27-06-2022 02:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Result of the Distell general meeting of shareholders DISTELL GROUP HOLDINGS LIMITED Incorporated in the Republic of South Africa Registration number: 2016/394974/06 Share code: DGH ISIN: ZAE000248811 ("Distell" or "the Company") RESULT OF THE DISTELL GENERAL MEETING OF SHAREHOLDERS Unless otherwise indicated, capitalised terms in this announcement shall bear the meaning ascribed thereto in the Distell circular ("Circular"), distributed on Thursday, 26 May 2022. 1. INTRODUCTION Distell Shareholders are referred to the Distell Scheme Circular distributed to Distell Shareholders on 17 January 2022, regarding the Scheme proposed by the Distell Board to the Distell Shareholders. Distell Shareholders approved all special and ordinary resolutions required in respect of the Scheme at the Scheme meeting held on 15 February 2022. As set out in the Distell Scheme Circular, it is proposed that all Treasury Shares be repurchased by Distell and Delisted and Cancelled prior to the Scheme Implementation Date. The General Meeting was held today for the purposes of Distell Shareholders considering and, if deemed fit, passing, with or without modification, the special and ordinary resolutions contained in the Notice of General Meeting. 2. RESULT OF THE GENERAL MEETING The Distell Board is pleased to announce that the special and ordinary resolutions required to give effect to the Treasury Share Repurchase were approved by the requisite majority of votes at the General Meeting held today, Monday, 27 June 2022, at 11h00 SAST. The results of the resolutions are as follows: Resolutions Votes cast disclosed as a Number of Shares voted Shares abstained percentage of the total shares voted disclosed as a disclosed as a number of shares voted percentage of the percentage of the at the meeting total issued total issued shares3 shares3 Distell Ordinary Distell Ordinary Distell Ordinary Shares ("Ord") Shares ("Ord") Shares ("Ord") Distell B Shares ("B") Distell B Shares Distell B Shares For Against ("B") ("B") Special Resolution 94,29% Ord 5,71% Ord 169 773 843 76,10% Ord 3,79% Ord Number 1: Approval of 100,00% B 0,00% B Distell Ordinary 100,00% B 0,00% B the Treasury Share Shares Repurchase 124 226 613 Distell B Shares Ordinary Resolution 94,29% Ord 5,71% Ord 1 69 773 243 76,10% Ord 3,79% Ord Number 1: Authorisation 100,00% B 0,00% B Distell Ordinary 0,00% B 0,00% B of Directors Shares 124 226 613 Distell B Shares Notes: 1. Any proxy appointments giving discretion to the Chairman of the General Meeting were voted "for" the resolutions and are included in the totals above. 2. A vote "abstained" is, in accordance with the memorandum of incorporation of Distell, not counted in the calculation of the votes (either "for" or "against" a resolution) and was deemed not to have exercised a vote in respect of such resolution. 3. As at Friday, 17 June 2022, being the voting record date, the total issued ordinary shares of Distell is 223 102 356 Distell Ordinary Shares and 124 226 613 Distell B Shares. As at Friday, 17 June 2022, the total votable ordinary shares on the resolutions, excluding treasury shares, is 222 754 877 Distell Ordinary Shares and 124 226 613 Distell B Shares. 3. REPONSIBILITY STATEMENT To the extent required by law, the Distell Board, individually and collectively, accepts responsibility for the information contained in this announcement insofar as it relates to Distell. In addition, the Distell Board confirms that, to the best of its knowledge and belief, the information contained in this announcement, as it relates to Distell, is true and correct and, where appropriate, does not omit anything that is likely to affect the importance of the information contained herein pertaining to Distell and that all reasonable enquiries to ascertain such information have been made. Stellenbosch 27 June 2022 Financial Adviser, Merchant Bank and Transaction Sponsor Rand Merchant Bank, a division of FirstRand Bank Limited Legal adviser ENSafrica Date: 27-06-2022 02:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Rand Water-Interest Payments RAND WATER Rand Water is established in terms of the Water Services Act, 1997 (the "Act"). Through the Department of Water and Sanitation and duly represented by the Minister of Water and Sanitation, the Government of the Republic of South Africa is the sole shareholder of Rand Water. In terms of the Act, Rand Water's primary activity is the provision of bulk water supply services (potable bulk water and sanitation services) within the predetermined service area. ("Rand Water") Bond Issuer Code: BIRW Notification of Interest Payment Amounts In accordance with paragraph 4.11(b) of the JSE Debt Listings Requirements, noteholders are hereby advised of the interest amount details as follows: Interest Payment Interest Rate Total Interest Instrument Code Date % Amount Payable (ZAR) RWL26 30 June 2022 6.617% R9 773 580.93 RWL28 30 June 2022 9.705% R28 018 999.73 RW31 30 June 2022 10.685% R28 983 574.79 27 June 2022 Debt Sponsor The Standard Bank of South Africa Limited For further information on the Notes issued please contact: Kea Sape SBSA 011 721 5594 Lucky Ncobela Rand Water 083 212 0706 Rand Water information: 522 Impala Road, Glenvista, 2058, Johannesburg, Gauteng, South Africa PO Box 1127, Johannesburg, 2000 www.randwater.co.za Date: 27-06-2022 02:08:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

No Change Statement, notice of Annual General Meeting and distribution of Financial Statements Stefanutti Stocks Holdings Limited (Registration number 1996/003767/06) Share code: SSK ISIN ZAE: 000123766 ("Stefanutti Stocks" or "the company") DISTRIBUTION OF SUMMARISED CONSOLIDATED ANNUAL FINANCIAL STATEMENTS, NO CHANGE STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING Shareholders are advised that the summarised consolidated annual financial statements of Stefanutti Stocks for the year ended 28 February 2022, and the notice of annual general meeting has been dispatched to shareholders on 27 June 2022. The Integrated Annual Report, together with the consolidated annual financial statements, are available on the company's website at www.stefanuttistocks.com. In addition, copies of the Integrated Annual Report and the consolidated annual financial statements are available at the company's registered office or on request from the company secretary. The consolidated annual financial statements contain no modifications to the reviewed results published on 26 May 2022. The company's auditors, Mazars, have audited the consolidated annual financial statements and their unqualified report with an emphasis of matter, is available for inspection at the company's registered office as well as on the company's website. The annual general meeting ("AGM") of Stefanutti Stocks' shareholders for the year ended 28 February 2022 will be held on Friday, 5 August 2022 at 12:00, entirely through electronic communication as permitted by the company's Memorandum of Incorporation and the Companies Act, 71 of 2008 and, if deemed fit, to pass with or without modification all of the ordinary and special resolutions set out in the notice of AGM attached to the summarised consolidated annual financial statements. Shareholders are strongly encouraged to submit votes by proxy before the AGM. If shareholders wish to participate in the AGM, they should instruct their Central Securities Depository Participant (CSDP) or broker to issue them with the necessary letter of representation to participate in the AGM, in the manner stipulated in your custody agreement. These instructions must be provided to the CSDP or broker by the cut-off time and date advised by the CSDP or broker, to accommodate such requests. The record date for shareholders to be recorded as such in the securities' register of Stefanutti Stocks in order to be able to attend, participate and vote at the AGM is Friday, 29 July 2022. Accordingly, the last date to trade to be eligible to attend, participate and vote at the AGM is Tuesday, 26 July 2022. Johannesburg 27 June 2022 Sponsor: Bridge Capital Advisors Proprietary Limited Date: 27-06-2022 01:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Sale of Hermanstad Industrial Park - Industrial Asset TEXTON PROPERTY FUND LIMITED Granted REIT status by the JSE (Incorporated in the Republic of South Africa) (Registration number 2005/019302/06) JSE share code: TEX ISIN: ZAE000190542 ("Texton" or the "Company") SALE OF HERMANSTAD INDUSTRIAL PARK - INDUSTRIAL ASSET 1. INTRODUCTION The board of directors of Texton (the "Board") is pleased to advise shareholders that the Company (the "Seller") has entered into an agreement with Property Genius (Pty) Ltd and Cream Magenta 228 (Pty) Ltd (the "Purchaser") on 24 June 2022 (the "Agreement") to dispose of Hermanstad Industrial Park located in Hermanstad, Pretoria (the "Disposal" or the "Property" or the "Sale"). 2. RATIONALE Texton has received an offer for the Property at a premium to its last disclosed book value. Texton has limited exposure to industrial assets in its direct property portfolio. As such the Board has decided to exit the sector to focus on repurposing its office assets and pursue its Small and Medium Enterprise ("SME") strategy. The proceeds of the Sale will be utilised to repay debt and invest to further develop its SME strategy. Furthermore, the recycling of capital will provide flexibility for future opportunities to diversify investment into other asset classes which appear attractively priced. 3. TERMS OF THE SALE The purchase price payable is R133.5 million (the "Sale Consideration") and will be settled in cash. The Sale is subject to the following condition precedents ("Condition Precedents") to be fulfilled by no later than 12 July 2022: - the Purchaser confirms that it is satisfied with its due diligence investigation undertaken in respect of the Property; - the Purchaser receives written confirmation that it has been granted loan funding on standard terms and conditions typical for a transaction of this nature; and - Finalisation of all requisite Seller board approvals. The effective date of the Disposal will be the date on which all Condition Precedents have been fulfilled and the transfer date will be the date of registration of transfer of ownership of the Property. All other terms of the Agreement are standard terms and conditions typical for a transaction of this nature. 4. FINANCIAL AND PROPERTY SPECIFIC INFORMATION Details of the Property are as follows: Location Sector GLA (m2) Weighted Net rental Book Sale average income value Consideration rental (R million) (R million) (R million) (R/m2) per month 800 Moot Industrial 43 988 R34.02 R4.358 132.000(2) 133.500(3) Street, Hermanstad, Pretoria. Notes: 1. Unaudited net rental income attributable to the Property for the six months ended 31 December 2021 was R4 358 372. 2. Audited book value as at the year ended 30 June 2021. 3. The Sale Consideration in respect of the Property is considered its fair market value, as determined by the Board. The Board is not independent and are not registered as professional valuers or as professional associate valuers in terms of the Property Valuers Profession Act, No. 47 of 2000. 4. The financial information contained in this announcement has not been reviewed or reported on by a reporting accountant. 5. CATEGORISATION OF THE SALE The Sale is a category 2 transaction in terms of the JSE Listings Requirements and accordingly does not require approval by Texton shareholders. SANDTON 27 JUNE 2022 CORPORATE ADVISER AND SPONSOR TO TEXTON Investec Bank Limited Date: 27-06-2022 12:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Dealings in securities by Directors, Director of a major subsidiary, prescribed officers and Group Company Secretary ADvTECH Limited (Incorporated in the Republic of South Africa) (Registration number 1990/001119/06) Share code: ADH ISIN: ZAE000031035 ("ADvTECH" or "the Company") DEALINGS IN SECURITIES BY DIRECTORS, A DIRECTOR OF A MAJOR SUBSIDIARY, PRESCRIBED OFFICERS AND GROUP COMPANY SECRETARY In terms of paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements ("JSE Listings Requirements"), the following transactions, in respect of which prior written approval pursuant to paragraph 3.66 of the JSE Listings Requirements have been obtained, is hereby disclosed. Name of Director: RJ Douglas Designation: Chief Executive Officer Nature of transaction: Off-Market acceptance of shares by participants to be obtained at future vested periods in terms of the ADvTECH Limited Management Share Incentive Scheme (MSI). Number of securities: 285 610 Date of Award 14 June 2022 Class of securities: Ordinary Price of share: R17.89 Total value of transaction: R5 109 562.90 Date of transaction: 27 June 2022 Nature of interest: Direct beneficial Name of Director: JDR Oesch Designation: Group Commercial Director Nature of transaction: Off-Market acceptance of shares by participants to be obtained at future vested periods in terms of the ADvTECH Limited Management Share Incentive Scheme (MSI). Number of securities: 171 861 Date of Award 14 June 2022 Class of securities: Ordinary Price of share: R17.89 Total value of transaction: R3 074 593.29 Date of transaction: 27 June 2022 Nature of interest: Direct beneficial Name of Officer: DL Honey Designation: Prescribed Officer Nature of transaction: Off-Market acceptance of shares by participants to be obtained at future vested periods in terms of the ADvTECH Limited Management Share Incentive Scheme (MSI). Number of securities: 174 172 Date of Award 14 June 2022 Class of securities: Ordinary Price of share: R17.89 Total value of transaction: R3 115 937.08 Date of transaction: 24 June 2022 Nature of interest: Direct beneficial Name of Officer: MD Aitken Designation: Prescribed Officer Nature of transaction: Off-Market acceptance of shares by participants to be obtained at future vested periods in terms of the ADvTECH Limited Management Share Incentive Scheme (MSI). Number of securities: 146 760 Date of Award 14 June 2022 Class of securities: Ordinary Price of share: R17.89 Total value of transaction: R2 625 536.40 Date of transaction: 24 June 2022 Nature of interest: Direct beneficial Name of Officer: L Wiseman Designation: Prescribed Officer Nature of transaction: Off-Market acceptance of shares by participants to be obtained at future vested periods in terms of the ADvTECH Limited Management Share Incentive Scheme (MSI). Number of securities: 99 664 Date of Award 14 June 2022 Class of securities: Ordinary Price of share: R17.89 Total value of transaction: R1 782 988.96 Date of transaction: 24 June 2022 Nature of interest: Direct beneficial Name of Officer: SCD Lurie Designation: The Independent Institute of Education (Pty) Ltd (a major subsidiary of ADvTECH) Nature of transaction: Off-Market acceptance of shares by participants to be obtained at future vested periods in terms of the ADvTECH Limited Management Share Incentive Scheme (MSI). Number of securities: 67 584 Date of Award 14 June 2022 Class of securities: Ordinary Price of share: R17.89 Total value of transaction: R1 209 077.76 Date of transaction: 24 June 2022 Nature of interest: Direct beneficial Name of Officer: CB Crouse Designation: Group Company Secretary Nature of transaction: Off-Market acceptance of shares by participants to be obtained at future vested periods in terms of the ADvTECH Limited Management Share Incentive Scheme (MSI). Number of securities: 24 885 Date of Award 14 June 2022 Class of securities: Ordinary Price of share: R17.89 Total value of transaction: R445 192.65 Date of transaction: 27 June 2022 Nature of interest: Direct beneficial The date of vesting is 17 June 2025. 27 June 2022 Johannesburg Sponsor: Bridge Capital Advisors Proprietary Limited Date: 27-06-2022 12:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Director/PDMR Shareholding BHP Group Limited BHP Group Limited ABN 49 004 028 077 Registered in Australia Registered Office: Level 18, 171 Collins Street Melbourne VIC 3000 Share code: BHG ISIN: AU000000BHP4 BHP GROUP LIMITED Notification and public disclosure of transactions by Persons Discharging Managerial Responsibilities The PDMR notifications below relate to changes in unvested share rights awards under BHP's employee incentive schemes as a result of the Petroleum merger with Woodside which completed on 1 June 2022. BHP paid an in specie dividend and distributed Woodside shares received as consideration for the sale of BHP Petroleum in line with the details described in BHP's announcement on 20 May 2022. Employees who continued to be employed by BHP after completion of the Petroleum merger did not receive the in specie dividend in respect of any unvested share rights, and the value of the underlying BHP shares to which they will receive on vesting will be reduced as a result of the in specie dividend that has been determined. To treat BHP employees fairly and restore the value of the unvested share rights to their pre- completion value, BHP granted those employees a one-off grant of additional matching entitlements on the same substantive terms as the original unvested share rights. 1 Details of the person discharging managerial responsibilities / persons closely associated a) Name Edgar Basto-Baez 2 Reason for the notification a) Position/status PDMR (President Minerals Australia) b) Initial Initial notification notification/Amendment 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name BHP Group Limited b) LEI WZE1WSENV6JSZFK0JC28 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted. Description of the BHP Group Limited ordinary shares a) financial instrument, type ISIN: AU000000BHP4 of instrument Identification code The grant of 14,579 Uplift awards under BHP Group Limited's b) Nature of the transaction Long Term Incentive Plan, 10,212 Uplift awards under BHP Group Limited's Management Award Plan, 6,584 Uplift Awards under BHP Group Limited's Cash and Deferred Plan. c) Price(s) and volume(s) Price(s) Volume(s) 1. Nil 31,375 d) Aggregated information N/A - Aggregated volume - Price e) Date of the transaction 2022-06-17 f) Place of the transaction Australian Securities Exchange (ASX) 1 Details of the person discharging managerial responsibilities / persons closely associated a) Name John Udd 2 Reason for the notification a) Position/status PDMR (President Minerals Americas) b) Initial Initial notification notification/Amendment 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name BHP Group Limited b) LEI WZE1WSENV6JSZFK0JC28 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted. Description of the BHP Group Limited ordinary shares a) financial instrument, type of instrument ISIN: AU000000BHP4 Identification code The grant of 13,045 Uplift awards under BHP Group Limited's b) Nature of the transaction Long Term Incentive Plan, 7,677 Uplift awards under BHP Group Limited's Management Award Plan, 3,962 Uplift Awards under BHP Group Limited's Cash and Deferred Plan. c) Price(s) and volume(s) Price(s) Volume(s) 1. Nil 24,684 d) Aggregated information N/A - Aggregated volume - Price e) Date of the transaction 2022-06-17 f) Place of the transaction Australian Securities Exchange (ASX) 1 Details of the person discharging managerial responsibilities / persons closely associated a) Name Geraldine Slattery 2 Reason for the notification a) Position/status PDMR (Senior Executive Officer) b) Initial Initial notification notification/Amendment 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name BHP Group Limited b) LEI WZE1WSENV6JSZFK0JC28 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted. Description of the BHP Group Limited ordinary shares a) financial instrument, type of instrument ISIN: AU000000BHP4 Identification code The grant of 24,798 Uplift awards under BHP Group Limited's b) Nature of the transaction Long Term Incentive Plan, 6,876 Uplift awards under BHP Group Limited's Management Award Plan, 12,222 Uplift Awards under BHP Group Limited's Cash and Deferred Plan. c) Price(s) and volume(s) Price(s) Volume(s) 1. Nil 43,896 d) Aggregated information N/A - Aggregated volume - Price e) Date of the transaction 2022-06-17 f) Place of the transaction Australian Securities Exchange (ASX) 1 Details of the person discharging managerial responsibilities / persons closely associated a) Name David Lamont 2 Reason for the notification a) Position/status PDMR (CFO) b) Initial Initial notification notification/Amendment 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name BHP Group Limited b) LEI WZE1WSENV6JSZFK0JC28 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted. Description of the BHP Group Limited ordinary shares a) financial instrument, type of instrument ISIN: AU000000BHP4 Identification code The grant of 14,579 Uplift awards under BHP Group Limited's b) Nature of the transaction Long Term Incentive Plan, 9,279 Uplift awards under BHP Group Limited's Executive Incentive Plan, 3,874 Uplift Awards under BHP Group Limited's Cash and Deferred Plan. c) Price(s) and volume(s) Price(s) Volume(s) 1. Nil 27,732 d) Aggregated information N/A - Aggregated volume - Price e) Date of the transaction 2022-06-17 f) Place of the transaction Australian Securities Exchange (ASX) Sponsor: J.P. Morgan Equities South Africa Proprietary Date: 27-06-2022 12:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

BITOY - Interest Payment Notifications Toyota Financial Services (South Africa) Limited (Incorporated in the Republic of South Africa) (Registration No. 1982/010082/06) Company code: BITOY LEI: 3789007A2F79BC469D53 Bond code: TFS148 ISIN: ZAG000147323 Bond code: TFS154 ISIN: ZAG000152422 Bond code: TFS163 ISIN: ZAG000163593 Bond code: TFS164 ISIN: ZAG000163601 Bond code: TFS165 ISIN: ZAG000171737 Bond code: TFS166 ISIN: ZAG000171745 ("Toyota Financial Services") INTEREST PAYMENT NOTIFICATIONS Noteholders are advised of the following interest payment due 6 July 2022: Bond code: TFS154 ISIN: ZAG000152422 Coupon: 5.583% Interest amount due: ZAR 5 484 188.55 Interest Period: 6 April 2022 to 5 July 2022 Payment Date: 6 July 2022 Date Convention: Following Business Day Noteholders are advised of the following interest payment due 12 July 2022: Bond code: TFS148 ISIN: ZAG000147323 Coupon: 5.703% Interest amount due: ZAR 4 265 531.51 Interest Period: 12 April 2022 to 11 July 2022 Payment Date: 12 July 2022 Date Convention: Following Business Day Noteholders are advised of the following interest payments due 15 July 2022: Bond code: TFS165 ISIN: ZAG000171737 Coupon: 5.173% Interest amount due: ZAR 3 600 408.00 Bond code: TFS166 ISIN: ZAG000171745 Coupon: 5.423% Interest amount due: ZAR 9 177 498.90 Interest Period: 19 April 2022 to 14 July 2022 Payment Date: 15 July 2022 Date Convention: Following Business Day Noteholders are advised of the following interest payments due 22 July 2022: Bond code: TFS163 ISIN: ZAG000163593 Coupon: 5.363% Interest amount due: ZAR 2 674 153.42 Bond code: TFS164 ISIN: ZAG000163601 Coupon: 5.533% Interest amount due: ZAR 8 276 761.64 Interest Period: 22 April 2022 to 21 July 2022 Payment Date: 22 July 2022 Date Convention: Following Business Day 27 June 2022 Debt Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 27-06-2022 12:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Investor Report as at 30 April 2022 MW ASSET RENTALS (RF) LIMITED Reg No 2002/030074/06 Incorporated in the Republic of South Africa JSE alpha code: MWSI Investor Report as at 30 April 2022 The April 2022 Investor Report detailing the performance of the underlying assets has been distributed to investors. It is available for viewing on the Merchant West website, https://merchantwest.co.za/investor-relations. During the period under review, there were no underlying assets that were the subject of a demand to repurchase or replace due to a breach of the representations and warranties contained in the agreements underlying the asset backed debt securities. 27 June 2022 Debt Sponsor Nedbank Corporate and Investment Banking, a division of Nedbank Limited Date: 27-06-2022 12:08:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Group Board Appointments And Final AGM Notice -Letshego Holdings Letshego Holdings Limited Incorporated in the Republic of Botswana Registration number 98/442 (JSE Code: "BILETS") ("Letshego Holdings" or "the Company" or "the issuer") This announcement is being released on the Johannesburg Stock Exchange for information purposes only in respect of Letshego Holdings Limited's Note Programme. GROUP BOARD APPOINTMENTS AND FINAL AGM NOTICE _________________________________________________________________________________ Letshego Holdings Limited ("LHL" I "The Company" I "the Group" I "Letshego") was incorporated in 1998, is headquartered in Gaborone and has been publicly listed on the Botswana Stock Exchange (BSE) since 2002. Letshego is an inclusive finance organisation, driven by its digital-first vision to achieve a marked social impact within its 11 subsidiaries across sub-Saharan Africa. Following the Annual General Meeting (AGM) of the Group held on Thursday 23 June 2022, shareholders resolved to elect the following persons as directors: 1. Mr Philip Odera (Re-Elected) 2. Mr Abiodun Odubola (Re-Elected) 3. Mrs Rose Mwaura (Ratified) 4. Mr Ketlhalefile Motshegwa (New Appointment) 5. Mr Christopher Mokgware (New Appointment) 6. Professor Emmanuel Botlhale (New Appointment) 7. Mr Jayaraman Ramesh (New Appointment) Newly appointed directors are subject to regulatory approval. Readers are referred to the Notice of Annual General Meeting 2022 which may be accessed through the following link: http://letshego.com/investor-publication-types/announcements-and-notices BY ORDER OF THE BOARD OF DIRECTORS OF LETSHEGO HOLDINGS LIMITED PHILIP ODERA Group Board Chairman GABORONE, Monday, 27 June 2022 Debt sponsor in South Africa Keletso Moloi: 0117218043 or keletso.moloi@standardbank.co.za The Standard Bank of South Africa Limited, acting through its Corporate and Investment Banking division Date: 27-06-2022 11:58:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

2022 BEE compliance certificate Vodacom Group Limited (Incorporated in the Republic of South Africa) (Registration number 1993/005461/06) Share code VOD ISIN ZAE000132577 ("Vodacom Group" or "the company") 2022 BEE COMPLIANCE CERTIFICATE In accordance with paragraph 16.21(g) and Appendix 1 to Section 11 of the JSE Listings Requirements and Section 13G(2) of the Broad Based Black Economic Empowerment Act, shareholders are further advised that the company's BEE compliance certificate is also available at www.vodacom.com. Both Vodacom Group and Vodacom (Pty) Limited (Vodacom South Africa) attained a level 1 BEE contributor rating. Midrand Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited 27 June 2022 Date: 27-06-2022 11:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Oando Q4 2020 correction summarised HEPS/EPS Oando PLC (Incorporated in Nigeria and registered as an external company in South Africa) Registration number: RC 6474 (External company registration number 2005/038824/10) OANDO PLC Share Code on the JSE Limited: OAO Share Code on the Nigerian Stock Exchange: UNTP ISIN: NGOANDO00002 ("Oando" or the "Company") Summarised Unaudited Interim Consolidated and Separate Interim Financial Statements for the three months ended 31 December 2020 and 2019 ("Quarterly Report: Q4 2019 and 2020") Shareholders are referred to the Q4 summarised announcement published earlier this morning and are advised that the Basic(loss)/earnings per share and Headline(loss)/earnings per share were incorrectly reflected. The below table has corrected those figures: Quarter Quarter ended 31 ended 31 Dec 2020 Dec 2019 N'000 N'000 Total revenue 201 349 288 162 812 304 Operating (expense)/income (24 471 653) (354 640 637) (Loss)/profit for the period (87 847 475) (220 142 385) Basic (loss)/earnings (cents per share) (1) (4) Headline (loss)/earnings (cents per share) (1) (1) Shareholders are advised that the Company's Quarterly Report: Q4 2019 and 2020 has been published and is available at the following: JSE Limited website: https://senspdf.jse.co.za/documents/2022/jse/isse/untp/Q4DEC20.pdf Oando website: www.oandoplc.com Short Form Announcement This short form announcement is a summary of the financial information in the Quarterly Report; Q4 2019 and 2020 and does not contain full or complete details thereof. The information herein is the responsibility of the board of directors of Oando. . Any investment decisions by investors or shareholders should be based on consideration of the full Quarterly Report: Q4 2019 and 2020. Copies of the Quarterly Report: Q4 2019 and 2020 may be requested from the Company Secretary DDawodu@Oandoplc.com at no charge. On behalf of the Board Lagos 27 June 2022 JSE Sponsor to Oando Date: 27-06-2022 11:48:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

CANCELLATION OF S462636 Oando Q4 2020 Oando PLC (Incorporated in Nigeria and registered as an external company in South Africa) Registration number: RC 6474 (External company registration number 2005/038824/10) OANDO PLC Share Code on the JSE Limited: OAO Share Code on the Nigerian Stock Exchange: UNTP ISIN: NGOANDO00002 ("Oando" or the "Company") Summarised Unaudited Interim Consolidated and Separate Interim Financial Statements for the three months ended 31 December 2020 and 2019 ("Quarterly Report: Q4 2019 and 2020") Quarter Quarter ended 31 ended 31 Dec 2020 Dec 2019 N'000 N'000 Total revenue 201 349 288 162 812 304 Operating profit/(loss) (24 471 653) (354 640 637) Basic earnings/(loss) (cents per share) (87 847 475) (220 142 385) Headline earnings/(loss) (cents per share) (1) (4) Shareholders are advised that the Company's Quarterly Report: Q4 2019 and 2020 has been published and is available at the following: JSE Limited website: https://senspdf.jse.co.za/documents/2022/jse/isse/untp/Q4DEC20.pdf Oando website: www.oandoplc.com Short Form Announcement This short form announcement is a summary of the financial information in the Quarterly Report; Q4 2019 and 2020 and does not contain full or complete details thereof. The information herein is the responsibility of the board of directors of Oando. . Any investment decisions by investors or shareholders should be based on consideration of the full Quarterly Report: Q4 2019 and 2020. Copies of the Quarterly Report: Q4 2019 and 2020 may be requested from the Company Secretary DDawodu@Oandoplc.com at no charge. On behalf of the Board Lagos 27 June 2022 JSE Sponsor to Oando Date: 27-06-2022 11:47:59 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

CANCELLATION OF S462633 Oando Q2 2020 Oando PLC (Incorporated in Nigeria and registered as an external company in South Africa) Registration number: RC 6474 (External company registration number 2005/038824/10) OANDO PLC Share Code on the JSE Limited: OAO Share Code on the Nigerian Stock Exchange: UNTP ISIN: NGOANDO00002 ("Oando" or the "Company") Summarised Unaudited Interim Consolidated and Separate Interim Financial Statements for the three months ended 31 June 2020 and 2019 ("Quarterly Report: Q2 2019 and 2020") Quarter Quarter ended 31 ended 30 June 2020 June 2019 N'000 N'000 Total revenue 90 685 369 399 015 Operating profit/(loss) 1 635 421 (15 931 972) Basic earnings/(loss) (cents per share) (1 724 485) 2 534 563 Headline earnings/(loss) (cents per share) (0) (0) Shareholders are advised that the Company's Quarterly Report: Q2 2019 and 2020 has been published and is available at the following: JSE Limited website: https://senspdf.jse.co.za/documents/2022/jse/isse/untp/Q2JUN20.pdf Oando website: www.oandoplc.com Short Form Announcement This short form announcement is a summary of the financial information in the Quarterly Report; Q2 2019 and 2020 and does not contain full or complete details thereof. The information herein is the responsibility of the board of directors of Oando. . Any investment decisions by investors or shareholders should be based on consideration of the full Quarterly Report: Q2 2019 and 2020. Copies of the Quarterly Report: Q2 2019 and 2020 may be requested from the Company Secretary DDawodu@Oandoplc.com at no charge. On behalf of the Board Lagos 27 June 2022 JSE Sponsor to Oando Date: 27-06-2022 11:45:59 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

CANCELLATION OF S462635 Oando Q3 2020 Oando PLC (Incorporated in Nigeria and registered as an external company in South Africa) Registration number: RC 6474 (External company registration number 2005/038824/10) OANDO PLC Share Code on the JSE Limited: OAO Share Code on the Nigerian Stock Exchange: UNTP ISIN: NGOANDO00002 ("Oando" or the "Company") Summarised Unaudited Interim Consolidated and Separate Interim Financial Statements for the three months ended 30 September 2020 and 2019 ("Quarterly Report: Q3 2019 and 2020") Quarter Quarter ended 30 ended 30 Sept 2020 Sept 2019 N'000 N'000 Total revenue 84 662 334 98 350 989 Operating profit/(loss) (5 243 038) 18 591 779 Basic earnings/(loss) (cents per share) (8 885 775) 5 895 449 Headline earnings/(loss) (cents per share) (0) 0 Shareholders are advised that the Company's Quarterly Report: Q3 2020 and 2019 has been published and is available at the following: JSE Limited website: https://senspdf.jse.co.za/documents/2022/jse/isse/untp/Q3SEP20.pdf Oando website: www.oandoplc.com Short Form Announcement This short form announcement is a summary of the financial information in the Quarterly Report; Q3 2019 and 2020 and does not contain full or complete details thereof. The information herein is the responsibility of the board of directors of Oando. . Any investment decisions by investors or shareholders should be based on consideration of the full Quarterly Report: Q3 2019 and 2020. Copies of the Quarterly Report: Q3 2019 and 2020 may be requested from the Company Secretary DDawodu@Oandoplc.com at no charge. On behalf of the Board Lagos 27 June 2022 JSE Sponsor to Oando Date: 27-06-2022 11:46:59 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Oando Q2 2020 correction summarised HEPS/EPS Oando PLC (Incorporated in Nigeria and registered as an external company in South Africa) Registration number: RC 6474 (External company registration number 2005/038824/10) OANDO PLC Share Code on the JSE Limited: OAO Share Code on the Nigerian Stock Exchange: UNTP ISIN: NGOANDO00002 ("Oando" or the "Company") Summarised Unaudited Interim Consolidated and Separate Interim Financial Statements for the three months ended 31 June 2020 and 2019 ("Quarterly Report: Q2 2019 and 2020") Shareholders are referred to the Q2 summarised announcement published earlier this morning and are advised that the Basic(loss)/earnings per share and Headline(loss)/earnings per share were incorrectly reflected. The below table has corrected those figures: Quarter Quarter ended 31 ended 30 June 2020 June 2019 N'000 N'000 Total revenue 90 685 369 147 399 015 Operating (expense)/income 1 635 421 (15 931 972) (Loss)/profit for the period (1 724 485) 2 534 563 Basic (loss)/earnings (cents per share) (0) (0) Headline (loss)/earnings (cents per share) (0) - Shareholders are advised that the Company's Quarterly Report: Q2 2019 and 2020 has been published and is available at the following: JSE Limited website: https://senspdf.jse.co.za/documents/2022/jse/isse/untp/Q2JUN20.pdf Oando website: www.oandoplc.com Short Form Announcement This short form announcement is a summary of the financial information in the Quarterly Report; Q2 2019 and 2020 and does not contain full or complete details thereof. The information herein is the responsibility of the board of directors of Oando. . Any investment decisions by investors or shareholders should be based on consideration of the full Quarterly Report: Q2 2019 and 2020. Copies of the Quarterly Report: Q2 2019 and 2020 may be requested from the Company Secretary DDawodu@Oandoplc.com at no charge. On behalf of the Board Lagos 27 June 2022 JSE Sponsor to Oando Date: 27-06-2022 11:46:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Oando Q3 2020 correction summarised HEPS/EPS Oando PLC (Incorporated in Nigeria and registered as an external company in South Africa) Registration number: RC 6474 (External company registration number 2005/038824/10) OANDO PLC Share Code on the JSE Limited: OAO Share Code on the Nigerian Stock Exchange: UNTP ISIN: NGOANDO00002 ("Oando" or the "Company") Summarised Unaudited Interim Consolidated and Separate Interim Financial Statements for the three months ended 30 September 2020 and 2019 ("Quarterly Report: Q3 2019 and 2020") Shareholders are referred to the Q3 summarised announcement published earlier this morning and are advised that the Basic(loss)/earnings per share and Headline(loss)/earnings per share were incorrectly reflected. The below table has corrected those figures: Quarter Quarter ended 30 ended 30 Sept 2020 Sept 2019 N'000 N'000 Total revenue 84 662 334 98 350 989 Operating (expense)/income (5 243 038) 18 591 779 (Loss)/profit for the period (8 885 775) 5 895 449 Basic (loss)/earnings (cents per share) (0) 0 Headline (loss)/earnings (cents per share) (0) 0 Shareholders are advised that the Company's Quarterly Report: Q3 2020 and 2019 has been published and is available at the following: JSE Limited website: https://senspdf.jse.co.za/documents/2022/jse/isse/untp/Q3SEP20.pdf Oando website: www.oandoplc.com Short Form Announcement This short form announcement is a summary of the financial information in the Quarterly Report; Q3 2019 and 2020 and does not contain full or complete details thereof. The information herein is the responsibility of the board of directors of Oando. . Any investment decisions by investors or shareholders should be based on consideration of the full Quarterly Report: Q3 2019 and 2020. Copies of the Quarterly Report: Q3 2019 and 2020 may be requested from the Company Secretary DDawodu@Oandoplc.com at no charge. On behalf of the Board Lagos 27 June 2022 JSE Sponsor to Oando Date: 27-06-2022 11:47:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Oando Q1 2020 correction summarised HEPS/EPS Oando PLC (Incorporated in Nigeria and registered as an external company in South Africa) Registration number: RC 6474 (External company registration number 2005/038824/10) OANDO PLC Share Code on the JSE Limited: OAO Share Code on the Nigerian Stock Exchange: UNTP ISIN: NGOANDO00002 ("Oando" or the "Company") Summarised Unaudited Interim Consolidated and Separate Interim Financial Statements for the three months ended 31 March 2020 and 2019 ("Quarterly Report: Q1 2019 and 2020") Shareholders are referred to the Q1 summarised announcement published earlier this morning and are advised that the Basic(loss)/earnings per share and Headline(loss)/earnings per share were incorrectly reflected. The below table has corrected those figures: Quarter Quarter ended 31 ended 31 March March 2019 2020 N'000 N'000 Total revenue 113 288 658 168 009 549 Operating (expense)/income (46 717 817) 17 100 312 (Loss)/profit for the period (34 112 696) 4 634 079 Basic (loss)/earnings (cents per share) (1) 0 Headline (loss)/earnings (cents per share) (1) 0 Shareholders are advised that the Company's Quarterly Report: Q1 2019 and 2020 has been published and is available at the following: JSE Limited website: https://senspdf.jse.co.za/documents/2022/jse/isse/untp/Q1MAR20.pdf Oando website: www.oandoplc.com Short Form Announcement This short form announcement is a summary of the financial information in the Quarterly Report; Q1 2019 and 2020 and does not contain full or complete details thereof. The information herein is the responsibility of the board of directors of Oando. Any investment decisions by investors or shareholders should be based on consideration of the full Quarterly Report: Q1 2019 and 2020. Copies of the Quarterly Report: Q1 2019 and 2020 may be requested from the Company Secretary DDawodu@Oandoplc.com at no charge. On behalf of the Board Lagos 27 June 2022 JSE Sponsor to Oando Date: 27-06-2022 11:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

CANCELLATION OF S462632 Oando Q1 2020 Oando PLC (Incorporated in Nigeria and registered as an external company in South Africa) Registration number: RC 6474 (External company registration number 2005/038824/10) OANDO PLC Share Code on the JSE Limited: OAO Share Code on the Nigerian Stock Exchange: UNTP ISIN: NGOANDO00002 ("Oando" or the "Company") Summarised Unaudited Interim Consolidated and Separate Interim Financial Statements for the three months ended 31 March 2020 and 2019 ("Quarterly Report: Q1 2019 and 2020") Quarter Quarter ended 31 ended 31 March March 2019 2020 N'000 N'000 Total revenue 113 288 658 168 009 549 Operating profit/(loss) (46 717 817) 17 100 312 Basic earnings/(loss) (cents per share) (34 112 696) 4 634 079 Headline earnings/(loss) (cents per share) (1) 0 Shareholders are advised that the Company's Quarterly Report: Q1 2019 and 2020 has been published and is available at the following: JSE Limited website: https://senspdf.jse.co.za/documents/2022/jse/isse/untp/Q1MAR20.pdf Oando website: www.oandoplc.com Short Form Announcement This short form announcement is a summary of the financial information in the Quarterly Report; Q1 2019 and 2020 and does not contain full or complete details thereof. The information herein is the responsibility of the board of directors of Oando. Any investment decisions by investors or shareholders should be based on consideration of the full Quarterly Report: Q1 2019 and 2020. Copies of the Quarterly Report: Q1 2019 and 2020 may be requested from the Company Secretary DDawodu@Oandoplc.com at no charge. On behalf of the Board Lagos 27 June 2022 JSE Sponsor to Oando Date: 27-06-2022 11:44:59 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Dealing in securities by the Telkom SA SOC Limited Forfeitable Share Plan Telkom SA SOC Limited Registration number (1991/005476/30) JSE Share Code: TKG JSE Bond Code: BITEL ISIN: ZAE000044897 ("Telkom" or "the Group") DEALING IN SECURITIES BY THE TELKOM SA SOC LIMITED FORFEITABLE SHARE PLAN In compliance with paragraphs 3.63 to 3.66 of the JSE Listings Requirements, Telkom advises that it has been informed of the following dealings in its shares: Purchaser: Telkom SA SOC Limited Forfeitable Share Plan ("the Plan") (through Rossal No 65 (Pty) Ltd) Company: Telkom Class of securities: Ordinary shares Nature of transaction: Purchase of shares (on market) Details of transaction: Purchase of shares in terms of the Plan to satisfy the obligations of the Plan Clearance to deal: Yes Date of transaction: 21 June 2022 Number of securities: 499 106 Average price per security: R34.5216 Highest price per security: R35.31 Lowest price per security: R33.00 Value of transaction: R17 229 937.69 Date of transaction: 22 June 2022 Number of securities: 299 308 Average price per security: R34.3957 Highest price per security: R35.02 Lowest price per security: R33.61 Value of transaction: R10 294 908.18 Date of transaction: 23 June 2022 Number of securities: 298 435 Average price per security: R34.9433 Highest price per security: R35.27 Lowest price per security: R34.10 Value of transaction: R10 428 303.74 Date of transaction: 24 June 2022 Number of securities: 405 299 Average price per security: R36.1607 Highest price per security: R36.75 Lowest price per security: R35.15 Value of transaction: R14 655 895.55 Centurion 27 June 2022 Sponsor Nedbank Corporate and Investment Banking, a division of Nedbank Limited Date: 27-06-2022 11:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

New Financial Instrument Listing Announcement - "CLN850" The Standard Bank of South Africa Limited New Financial Instrument Listing Announcement - "CLN850" Stock Code: CLN850 ISIN Code: ZAG000187634 The JSE Limited has granted a listing to The Standard Bank of South Africa Limited - CLN850 Senior Unsecured Mixed Rate Credit Linked Notes due 31 January 2030 - sponsored by The Standard Bank of South Africa Limited, under its Structured Note Programme. Authorised Programme size ZAR80,000,000,000 Total notes issued (including current issue) ZAR70,130,672,469.61 Full Note details are as follows: Issue Date: 28 June 2022 Nominal Issued: ZAR 40,000,000 Coupon Rate: Fixed Notes - From, and including, 31 July 2025 until (but excluding) the Maturity Date: 9.48% per annum payable quarterly in arrears, as per the Applicable Pricing Supplement Floating Rate Notes - From, and including, the Interest Commencement Date to, but excluding, 31 July 2025: three-month ZAR-JIBAR-SAFEX plus 3.65% (capped at 11.03%) as per the Applicable Pricing Supplement Coupon Indicator: Fixed Rate Notes - Fixed Floating Rate Notes - Floating Interest Determination Dates: In respect of: Fixed Rate Notes - Not Applicable Floating Rate Notes - Each 31 January, 30 April, 31 July and 31 October of each year, commencing on the Issue Date until (but excluding) 31 July 2025 Trade Type: Price Issue Price: 100% Maturity Date: 31 January 2030 Interest Commencement Date: Issue Date First Interest Payment Date: 31 July 2022 Interest Payment Dates: In respect of: Fixed Rate Notes - 31 January, 30 April, 31 July and 31 October of each year until the Maturity Date, with the first Interest Payment Date being 31 October 2025 Floating Rate Notes - each 31 January, 30 April, 31 July and 31 October of each year until (and including) 31 July 2025 Business Day Count/Convention: Actual/365(fixed) and Following Business Day Last day to register: By: 17:00 on 25 January, 24 April, 25 July and 25 October of each year, or if such day is not a Business Day, the Business Day before each Books Closed Period Books Close: From each 26 January, 25 April, 26 July and 26 October until the applicable Interest Payment Date Optional Call Date: 31 July 2025 Placement Agent: The Standard Bank of South Africa Limited Debt Security subject to guarantee; security or credit enhancement: Not Applicable Additional Terms and Conditions: Investors should study the Pricing Supplement for full details of the specific terms and conditions applicable to this specific issuance. Notes will be deposited in the Central Depository ("CSD") and settlement will take place electronically in terms of JSE Rules. Dated 27 June 2022 Sponsor - The Standard Bank of South Africa Limited For further information on the Notes issued please contact: Johann Erasmus SBSA (Sponsor) Email: johann.erasmus@standardbank.co.za Date: 27-06-2022 11:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

New Financial Instrument Listing Announcement - "CLN849" The Standard Bank of South Africa Limited New Financial Instrument Listing Announcement - "CLN849" Stock Code: CLN849 ISIN Code: ZAG000187642 The JSE Limited has granted a listing to The Standard Bank of South Africa Limited - CLN849 Senior Unsecured Mixed Rate Credit Linked Notes due 31 March 2032 - sponsored by The Standard Bank of South Africa Limited, under its Structured Note Programme. Authorised Programme size ZAR80,000,000,000 Total notes issued (including current issue) ZAR70,090,672,469.61 Full Note details are as follows: Issue Date: 28 June 2022 Nominal Issued: ZAR 50,000,000 Coupon Rate: Fixed Notes - From, and including, 31 March 2029 until (but excluding) the Maturity Date: 7.30% per annum payable quarterly in arrears, as per the Applicable Pricing Supplement Floating Rate Notes - From, and including, the Interest Commencement Date to, but excluding, 31 March 2029: three-month ZAR-JIBAR-SAFEX plus 3.00% as per the Applicable Pricing Supplement Coupon Indicator: Fixed Rate Notes - Fixed Floating Rate Notes - Floating Interest Determination Dates: In respect of: Fixed Rate Notes - Not Applicable Floating Rate Notes - Each 31 March, 30 June, 30 September and 31 December of each year, commencing on the Issue Date until (but excluding) 31 March 2029 Trade Type: Price Issue Price: 100% Maturity Date: 31 March 2032 Interest Commencement Date: Issue Date First Interest Payment Date: 30 September 2022 Interest Payment Dates: In respect of: Fixed Rate Notes - 31 March, 30 June, 30 September and 31 December of each year until the Maturity Date, with the first Interest Payment Date being 30 June 2029 Floating Rate Notes - each 31 March, 30 June, 30 September and 31 December of each year until (and including) 31 March 2029 Business Day Count/Convention: Actual/365(fixed) and Following Business Day Last day to register: By: 17:00 on 25 March, 24 June, 24 September and 25 December of each year, or if such day is not a Business Day, the Business Day before each Books Closed Period Books Close: From each 26 March, 25 June, 25 September and 26 December until the applicable Interest Payment Date Optional Call Date: 31 March 2029 Placement Agent: The Standard Bank of South Africa Limited Debt Security subject to guarantee; security or credit enhancement: Not Applicable Additional Terms and Conditions: Investors should study the Pricing Supplement for full details of the specific terms and conditions applicable to this specific issuance. Notes will be deposited in the Central Depository ("CSD") and settlement will take place electronically in terms of JSE Rules. Dated 27 June 2022 Sponsor - The Standard Bank of South Africa Limited For further information on the Notes issued please contact: Johann Erasmus SBSA (Sponsor) Email: johann.erasmus@standardbank.co.za Date: 27-06-2022 11:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Kola Project Optimisation Study Kore Potash plc (Incorporated in England and Wales) Registration number 10933682 ASX share code: KP2 AIM share code: KP2 JSE share code: KP2 ISIN: GB00BYP2QJ94 ("Kore Potash" or the "Company") 27 June2022 Kola Project optimisation study outcomes Kore Potash, the potash development company with 97% ownership of the Kola and DX Potash Projects in the Sintoukola Basin, located within the Republic of Congo ("RoC"), is pleased to provide additional information on the outcomes of the optimisation study ("Study") for the Kola Potash Project ("Kola" or the "Project"). The Company has completed its review of the Study undertaken by the engineering partner of the Summit Consortium ("Consortium"), SEPCO Electric Power Construction Corporation ("SEPCO") as announced in "Kola optimisation study received" on 1st April 2022. The Kola production target and forecast financial information has now been updated to incorporate the results of the optimisation study. Highlights • Capital cost is reduced by US$520 million to US$1.83 billion on an engineering, procurement and construction ("EPC") basis compared to the DFS capital cost of US$2.35 billion on an equivalent EPC basis. • Construction period reduced to 40 months from the DFS construction period of 46 months. • Key financial metrics improved on DFS outcomes (at potash pricing averaging US$360/ tonne unchanged from the DFS): o Kola NPV10 post tax improved to US$1.623 billion o IRR improved to 20% on ungeared post tax basis • At a potash price of US$1000/t MoP CFR Brazil (less than current potash price of approximately US$1100/t MOP CFR Brazil) the Kola financial metrics improve to: o Kola net present value ("NPV")10 post tax US$ 9.354 billion o Internal rate of return ("IRR") of 49% on ungeared post tax basis • Kola designed with a nameplate capacity of 2.2 million tonnes per annum ("Mtpa") of Muriate of Potash ("MoP") • MoP production from Kola scheduled over an initial 31 year project life. • Kola is designed as a conventional mechanised underground potash mine with shallow shaft access. Ore from underground is transported to the process plant via an overland conveyor approximately 25 km long. After processing, the MoP product is conveyor transported 11 km to the marine export facility. MoP is conveyed from the storage area onto barges via the dedicated barge loading jetty and then trans-shipped into ocean going vessels for export. • These results support moving to the next phase of the Kola development. • The Consortium has advised that the EPC contract proposal for the construction of Kola will now be submitted to the Company during August 2022. The EPC proposal will be based on the capital cost and construction schedule from the optimisation study. Page 1 of 71 • The Consortium advises that it intends to provide the financing proposal for the construction cost of Kola after the Company's receipt of the EPC proposal and agreement on key EPC terms. Brad Sampson, Chief Executive Officer of Kore Potash, commented: "The development of Kola is of global importance. The security of the world's food supply is at risk as a result of disruptions to the supply of fertiliser globally. Recent geopolitical events highlight the risks inherent with potash production concentrated within a small number of companies and locations with operations situated long distances inland far from ports and global customers. New potash producers are required in locations closer to customers. With low capital intensity and low production costs, Kola is ideally situated to supply high quality potash to meet growing global demand. "The successful completion of the Kola optimisation study moves us closer to production and we eagerly await delivery of the construction contract and financing proposals." Optimisation Study On 6 April 2021, Kore Potash announced the signing of a Memorandum of Understanding ("MoU") with the Consortium for the optimisation, construction and financing of the Kola Project. The Study, which represented the first part of the financing process, has been undertaken by SEPCO. The key goals of the Study were to improve the value of Kola through reductions in the capital cost and by shortening the construction schedule. During the Study, SEPCO employed two key sub-contractors, China ENFI Engineering Corporation to review the mining, processing and infrastructure aspects of the Project and CCCC-FHDI Engineering Co Limited to consider the optimisation of the marine facilities. A summary of the key assumptions adopted in the Optimisation Study and the DFS that related to Mining, Processing, Infrastructure, Capital Cost, Operating Cost and Schedule are detailed in this announcement. The results of this analysis compared with those of the January 2019 DFS are summarised in Table 1 below. Table 1: Key Project Parameters and Assumptions comparison between DFS and Optimisation Study Result Unit DFS Production Target Optimisation Study (January 2019) Production Target Total MOP production Mt 71 66 Initial project life Years 33 31 Average scheduled mining rate Mtpa ore 7.12 6.8 KCl recovery in process plant % KCl 91.9% 90.4% Average MOP production per year Mtpa 2.20 Mtpa 2.14 Mtpa Capital cost EPCM basis+ US$ billion 2.1 - Capital Cost EPC basis+ US$ billion 2.35 1.83 Deferred capital US$ million 76.4 62.4 Sustaining capital US$/t MOP 10.98 11.20 Construction schedule months 46 40 Steady state operating cost (Mine gate) US$/t MOP 61.70 63.60 Operating cost (CFR Brazil) US$/t MOP 102.50 105.90 Forecast average MoP granular price (CFR Brazil)* US$/t MOP 360 360 Post tax, real un-geared NPV (10% real) US$ million 1,452 1,623 Post tax, real un-geared IRR % 17.2% 20% Page 2 of 71 Average EBITDA per annum real US$ million 583 545 Notes: + The capital cost published in conjunction with the DFS was on EPCM basis, the capital cost estimate from optimisation study is on an EPC basis. * US$360/t is the average future potash price CFR Brazil forecast over the project life. Table 2: Kola Project financial performance sensitivity to potash pricing MOP Price NPV 10 IRR Average EBIDTA per annum US$/t US$ million % US$ million 300 899 15.6 419 360 1,623 19.6 545 500 3,314 27.6 837 1,000 9,354 49.0 1,882 SEPCO's recommended improvements to Kola potentially reduce the Kola capital cost to US$1.83 billion on an EPC basis. The US$1.83 billion capital cost includes US$118 million for Kore's owner's costs during the EPC phase. The capital cost for Kola published in conjunction with the DFS was US$2.1 billion on an Engineering, Procurement and Construction Management ("EPCM") basis. The DFS capital cost on an equivalent Engineering, Procurement and Construction ("EPC") basis to the SEPCO optimisation study capital cost was US$2.35billion. The optimisation study has thus identified reductions in the capital cost of Kola of approximately US$520 million. Prior to commencement of the Optimisation Study SEPCO set targets to reduce the capital cost to US$1.65 billion and to shorten the construction schedule by 6 months. The Optimisation Study achieved the targeted reduction in the construction schedule. Despite identifying significant cost savings of US$520 million, the targeted capital cost of US$1.65 billion was not achieved mostly as a result of a higher than anticipated inflationary environment. The Summit consortium has advised that the strongly positive outcomes of the Optimisation Study continue to support their financing of the Kola Project. The Consortium have further advised the Company that the EPC contract proposal will now be provided to the Company in August 2022. It also advises that the financing proposal for Kola will be provided to the Company within 2 months of Kore's agreement on the terms of the EPC contract. Key assumptions related to the ore reserves, production target and financial evaluation of the project have been updated in Appendix B of this announcement. Ore Reserves and Mineral Resources The Kola Potash Ore Reserves (Table 3) are based on the Kola Sylvinite Mineral Resources (Table 4) as reported on 6 July 2017. Further detail on the Ore Reserve Estimate is provided in Appendix B: (Summary of Information required according to ASX listing Rule 5.9.1) and Appendix C: JORC 2012 - Table 1, Section 4 Ore Reserves .All of the Ore Reserves and Mineral Resources reported here for Kola are Sylvinite. Page 3 of 71 Table 3: Kola Sylvinite Ore Reserves Classification Ore Reserves KCl grade Mg Insolubles (Mt) (% KCl) (% Mg) (% Insol.) Proved 61.8 32.1 0.11 0.15 Probable 90.6 32.8 0.10 0.15 Total Ore Reserves 152.4 32.5 0.10 0.15 Table 4: Kola Sylvinite Mineral Resources (inclusive of Ore Reserves) Million Tonnes KCl Mg Insoluble Classification (Mt) (% KCl) (% Mg) (% Insol.) Total Measured 215.7 35.0 0.08 0.13 Total Indicated 292.0 35.7 0.06 0.14 Total Inferred 340.0 34.0 0.08 0.25 Total Mineral Resources 847.7 34.9 0.08 0.18 Reasonable Basis for Forward-Looking Statements (including production target and forecast financial information) and Ore Reserves This release, inclusive of Appendix A: Summary of Kola Optimisation Study, contains a series of forward-looking statements. The Company has concluded that it has a reasonable basis for providing these forward-looking statements and the forecast financial information included in this release. This includes a reasonable basis to expect that it will be able to fund the development of the Kola Project when required. The detailed reasons for these conclusions are outlined throughout this release. All material assumptions, including the JORC modifying factors, upon which the Ore Reserves, production target and forecast financial information is based are disclosed in this release (including the summary information in Appendix B and Appendix C). This announcement has been prepared in accordance with the requirements of the JORC 2012 and the ASX and LSE: AIM Listing Rules. The Ore Reserves (Proved and Probable) and Inferred Mineral Resources underpinning the production target have been prepared by a competent person in accordance with the requirements of JORC 2012 Details of those Ore Reserves and Mineral Resources are set out in this release (including, in relation to the Ore Reserves, the details in Appendix B and Appendix C). The production target is based on average scheduled annual production of 2.1 Mtpa MoP over a 31 year life. Ore Reserves form 72% of the processed material and Inferred Mineral Resources form 28% of the processed material underpinning the Production Target. No exploration targets underpin the production target. In particular, following exhaustion of the Ore Reserve during the first 25 years of the mine life, which includes the exploitation of 9.7 Mt of Inferred Mineral Resources (6% of the total production during that period), the Production Target includes the mining of Inferred Mineral Resources for a further 6 years. Each of the same modifying factors as used for Ore Reserve determination was considered and applied to this material in preparing the production target. There is a lower level of geological confidence associated with Inferred Mineral Resources and there is no certainty that further exploration will result in the determination of Indicated Mineral Resources or that the production target will be realised, This announcement has been approved for release by the Board of Kore Potash Page 4 of 71 Market Abuse Regulation This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR. END For further information, please visit www.korepotash.com or contact: Kore Potash Tel: +27 84 603 6238 Brad Sampson - CEO Tavistock Communications Tel: +44 (0) 20 7920 3150 Jos Simson Emily Moss Adam Baynes SP Angel Corporate Finance - Nomad and Joint Tel: +44 (0) 20 7470 0470 Broker Ewan Leggat Charlie Bouverat Shore Capital - Joint Broker Tel: +44 (0) 20 7408 4050 Toby Gibbs James Thomas Questco Corporate Advisory - JSE Sponsor Tel: +27 (11) 011 9205 Doné Hattingh Page 5 of 71 Competent Persons Statement The estimated Ore Reserves and Mineral Resources underpinning the production target have been prepared by a competent person in accordance with the requirements of the JORC code. The information relating to Exploration Results and Mineral Resources in this report is based on, or extracted from previous reports referred to herein, and available to view on the Company's website www.korepotash.com. The Kola Mineral Resource Estimate was reported on 6 July 2017 in an announcement titled ‘Updated Mineral Resource for the High-Grade Kola Deposit'. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement. The information in this report that relates to Ore Reserves is based on information compiled or reviewed by, Mo Molavi, P. Eng., who has read and understood the requirements of the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code, 2012 Edition). Mr. Molavi is a Competent Person as defined by the JORC Code 2012 Edition, having a minimum of five years of experience that is relevant to the style of mineralization and type of deposit described in this report, and to the activity for which he is accepting responsibility. Mr. Molavi is member good standing of Engineers and Geoscientists of British Columbia (Registration Number 37594) which is an ASX-Recognized Professional Organization (RPO). Mr. Molavi is a consultant engaged by Kore Potash Plc to review the documentation for Kola Deposit, on which this report ls based, for the period ended 29 October 2018. Mr. Molavi has verified that this report is based on and fairly and accurately reflects in the form and context in which it appears, the information in the supporting documentation relating to preparation of the review of the Ore Reserves. The information in this report that relates to Valuation of Mineral Assets reflects information compiled and conclusions derived by Mr. Roodt, who is a qualified Charted Accounted and a member of the South African Institute of Charted Accountants (SAICA) Mr. Roodt is a consultant of the company, working for Fraser McGill (Pty) Ltd (Fraser McGill). Fraser McGill is a mining & minerals advisory firm that offer strategic decision-making tools and provide business case solutions that are technically and financially sound. Fraser McGill do this by translating complex ore body geometries, mining and processing techniques, and logistics and infrastructure considerations into ‘executive friendly' decision models and dashboards. Mr. Roodt has sufficient experience relevant to the Valuation of the Mineral Assets under consideration and to the activity which he is undertaking to qualify as a Practitioner as defined in the 2015 edition of the ‘Australasian Code for the Public Reporting of Technical Assessments and Valuations of Mineral Assets'. Mr. Roodt consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. Mr. Roodt discloses that nor him or his firm takes any responsibility for any input data in the valuation, as this was obtained directly from the company. Forward-Looking Statements This release contains certain statements that are "forward-looking" with respect to the financial condition, results of operations, projects and business of the Company and certain plans and objectives of the management of the Company. Forward-looking statements include those containing words such as: "anticipate", "believe", "expect," "forecast", "potential", "intends," "estimate," "will", "plan", "could", "may", "project", "target", "likely" and similar expressions identify forward- looking statements. By their very nature forward-looking statements are subject to known and unknown risks and uncertainties and other factors which are subject to change without notice and may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct, which may cause the Company's actual results, Page 6 of 71 performance or achievements, to differ materially from those expressed or implied in any of our forward-looking statements, which are not guarantees of future performance. Neither the Company, nor any other person, gives any representation, warranty, assurance or guarantee that the occurrence of the events expressed or implied in any forward-looking statement will occur. Except as required by law, and only to the extent so required, none of the Company, its subsidiaries or its or their directors, officers, employees, advisors or agents or any other person shall in any way be liable to any person or body for any loss, claim, demand, damages, costs or expenses of whatever nature arising in any way out of, or in connection with, the information contained in this document. In particular, statements in this release regarding the Company's business or proposed business, which are not historical facts, are "forward-looking" statements that involve risks and uncertainties, such as Mineral Resource estimates market prices of potash, capital and operating costs, changes in project parameters as plans continue to be evaluated, continued availability of capital and financing and general economic, market or business conditions, and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Shareholders are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made. The forward-looking statements are based on information available to the Company as at the date of this release. Except as required by law or regulation (including the ASX Listing Rules), the Company is under no obligation to provide any additional or updated information whether as a result of new information, future events, or results or otherwise. Summary information This announcement has been prepared by Kore Potash plc. This document contains general background information about Kore Potash plc current at the date of this announcement and does not constitute or form part of any offer or invitation to purchase, otherwise acquire, issue, subscribe for, sell or otherwise dispose of any securities, nor any solicitation of any offer to purchase, otherwise acquire, issue, subscribe for, sell, or otherwise dispose of any securities. The announcement is in summary form and does not purport to be all-inclusive or complete. It should be read in conjunction with the Company's other periodic and continuous disclosure announcements which are available to view on the Company's website www.korepotash.com. The release, publication or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published or distributed should inform themselves about and observe such restrictions. Not financial advice This document is for information purposes only and is not financial product or investment advice, nor a recommendation to acquire securities in Kore Potash plc. It has been prepared without considering the objectives, financial situation or needs of individuals. Before making any investment decision, prospective investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs and seek legal and taxation advice appropriate to their jurisdiction Page 7 of 71 Appendix A: Summary of Kola Optimisation Study -June 2022 1. Project Introduction: Kore Potash Plc ("Kore", the "Company" or "KP2") is a mineral exploration and development company that is incorporated in the United Kingdom and listed on the AIM (a sub-market of the London Stock Exchange, as KP2), the Australian Securities Exchange (ASX, as KP2) and the Johannesburg Stock Exchange (JSE, as KP2). The primary asset of Kore is the Sintoukola Potash Project which includes the flagship Kola Sylvinite deposit (the "Kola Project") in the Republic of Congo (RoC), held by the 97%-owned Sintoukola Potash SA (SPSA). SPSA has 100% ownership of the Kola Mining Lease, on which the Kola Project is located. The Kola Project is situated in the Kouilou Province of the RoC, within 40 km of the Atlantic Coast and approximately 70 km north of the port city of Pointe Noire. The Kola Definitive Feasibility Study ("DFS") announced on 29 January 2019 considers the mining of the Kola Sylvinite, and the production of approximately 2.2 million tons per annum (Mtpa) of Muriate of Potash (MOP) and its export to its target markets and considers all associated infrastructure. It delivers an economic model based on life of project of 33 years that is based upon 23 production years exploiting Ore Reserves of 152.4Mt and 9.7 Mt of Inferred Mineral Resource, and an additional 10 production years exploiting 70 Mt of the remaining Inferred Mineral Resources In 2019, Kore signed a Memorandum of Understanding ("MoU") with the Summit Consortium ("Consortium") to complete an optimisation study, provide a construction contract proposal and to present a debt and royalty financing proposal for the full construction cost of Kola. The optimisation study undertaken by the engineering partner of the Summit Consortium ("Consortium"), SEPCO Electric Power Construction Corporation ("SEPCO") with a specific task of reducing the capital cost and construction schedule has now been completed. The Kola Optimisation Study considered the mining of the Kola Sylvinite and the production of up to 2.24 million tonnes per annum (Mtpa) of Muriate of Potash (MOP). It delivers an economic model based on life of project of 31 years that includes 25 production years exploiting Ore Reserves of 152.4Mt and 9.7 Mt of Inferred Mineral Resource mined coincident with Ore Reserves, and an additional 6 production years exploiting of 49Mt of the remaining Inferred Mineral Resources. During the Study, SEPCO employed two key sub-contractors, China ENFI to review the mining, processing and infrastructure aspects of the project and CCCC-FHDI to consider the optimisation of the marine facilities. Page 8 of 71 During the DFS, Kore directly contracted with Met-Chem DRA Global ("MTC") for the Mineral Resource Estimate ("MRE"), and SRK Consulting (UK) Limited ("SRK") for undertaking the Environmental and Social Impact Assessment ("ESIA"). These have remained unchanged and have been incorporated into the Optimisation Study. Figure 1: Location Map showing Optimised Kola Project (available at www.korepotash.com) Page 9 of 71 2. Mineral Resource The Kola Mineral Resources are summarised in Table 1 below. The total Measured and Indicated Mineral Resources are 508 Mt with an average grade of 35.4% KCl and provides the basis for the Ore Reserve statement. Sections 1 to 3 of the JORC 2012 Table 1 Checklist of Assessment and Reporting Criteria for that Mineral Resource estimate remain unchanged as reported to shareholders on 6 July 2017, and can be found in Appendix D. The Company confirms there has been no material change to those Mineral Resources. The Company advises that the Mineral Resources are inclusive of Mineral Resources to which modifying factors have been applied to be reported as Ore Reserves. In accordance with JORC 2012, the Competent Persons ("CP") for the Kola Mineral Resources Estimate ("MRE") is: o Mr. Kirkham P. Geo of MTC. Mr Kirkham is a member of good standing of the Association of Professional Engineers and Geoscientists of British Columbia. Table 1 July 2017 Kola Mineral Resources for Sylvinite July 2017 - Kola Deposit Potash Mineral Resources - SYLVINITE Million KCl Mg Insoluble Tonnes Mt % % % Measured - - - - Hanging wall Indicated 29.6 58.5 0.05 0.16 Seam Inferred 18.2 55.1 0.05 0.16 Total Mineral Resources 47.8 57.2 0.02 0.16 Measured 153.7 36.7 0.04 0.14 Indicated 169.9 34.6 0.04 0.14 Upper Seam Inferred 220.7 34.3 0.04 0.15 Total Mineral Resources 544.3 35.1 0.04 0.14 Measured 62.0 30.7 0.19 0.12 Indicated 92.5 30.5 0.13 0.13 Lower Seam Inferred 59.9 30.5 0.08 0.11 Total Mineral Resources 214.4 30.6 0.13 0.12 Measured - - - - Indicated - - - - Footwall Seam Inferred 41.2 28.5 0.33 1.03 Total Mineral Resources 41.2 28.5 0.33 1.03 Total Mineral Resources 847.7 34.9 0.07 0.13 Page 10 of 71 3. Ore Reserves The Kola Ore Reserves are summarised in Table 2 below. The Kola Sylvinite Ore Reserves are 152.4 Mt with average grade of 32.5% KCl. Sections 4 of the JORC 2012 Table 1 as reported to shareholders on 19 January 2019 has been updated based on the optimisation study and is included in this announcement in Attachment C. The original statement of Ore Reserves was prepared by Met-Chem DRA Global and was reported in accordance with JORC 2012. In conjunction with the Optimisation Study the Ore Reserves have been reviewed and restated in accordance with JORC 2012 by the Competent Person (CP) for the Kola Ore Reserves: o Mr. Molavi P. Eng. of AMC, for the Reserve Review (RR). Mr Molavi is a member of good standing of the Association of Professional Engineers and Geoscientists of British Columbia. There is no change to the Kola Sylvinite Ore Reserves from those previously reported Table 2: Kola Sylvinite Ore Reserves Seam Classification Ore Reserves KCl Mg Insolubles Tonnage (%KCl) (%Mg) (%Insol) (Mt) Proved 47.3 33.43 0.08 0.15 Upper Seam Probable 58.7 31.83 0.06 0.15 Sylvinite Total 106.0 32.54 0.07 0.15 Proved 14.5 27.88 0.20 0.13 Lower Seam Probable 23.4 28.35 0.08 0.14 Sylvinite Total 37.9 28.17 0.13 0.14 Proved Hanging Wall Probable 8.4 52.09 0.47 0.19 Seam Sylvinite Total 8.4 52.09 0.47 0.19 Proved 61.8 32.13 0.11 0.15 Probable 90.6 32.81 0.10 0.15 TOTAL Total Ore 152.4 32.54 0.10 0.15 Reserves All Sylvinite in the Measured and Indicated Resource category was considered for Ore Reserve conversion because of the sharp grade boundaries of the Sylvinite seams and the fact that the economic Cut- off Grade ("CoG") is below the Mineral Resources CoG of 10% KCl. Page 11 of 71 Table 3. Kore's Sylvinite Mineral Resources and Ore Reserves KOLA SYLVINITE DEPOSIT Gross Net Attributable (90%) Contained Contained Mineral Resource Million Grade KCl Million Grade KCl KCl KCl million Category Tonnes % Tonnes % million tonnes tonnes Measured 216 34.9 75 194 34.9 68 Indicated 292 35.7 104 263 35.7 94 Sub-Total Measured + 508 35.4 180 457 35.4 162 Indicated Inferred 340 34.0 116 306 34.0 104 TOTAL 848 34.8 295 763 34.8 266 Gross Net Attributable (90%) Contained Contained Million Grade KCl Million Grade KCl KCl Ore Reserve Category KCl million Tonnes % Tonnes % million tonnes tonnes Proven 62 32.1 20 56 34.9 19 Probable 91 32.8 30 82 35.7 29 TOTAL 152 32.5 50 137 35.4 49 Table provided as Gross and Net Attributable (reflecting Kore's future holding of 90% and the RoC government 10%), prepared and reported according to the JORC Code, 2012 edition. Table entries are rounded to the appropriate significant figure. Ore Reserves are not in addition to Mineral Resources but are derived from them by the application of modifying factors 4. Mining The Kola mine design utilised in the optimisation study remains materially unchanged from the design used in the DFS and is described below: The Kola orebody is planned to be mined using conventional underground mechanised methods, extracting the ore within ‘panels', using Continuous Miner ("CM") machines of the drum-cutting type. This is the most widely used method of potash mining world-wide and is considered a low-risk method. The mine design adopts a relatively typical layout including panels, comprised of rooms and pillars. Pillars are the support rock left in place to provide stable ground support during the operation of the mine. The mine design is based on a minimum mining height of 2.5 m with mining being undertaken by a CM which is capable of mining seam heights of between 2.5m and 6m. Each panel is accessed by 4 entries. Page 12 of 71 Each entry is 8m wide and 3m to 6m high depending on the seam height. The rooms are mined in a chevron pattern at an angle of 65 degrees from the middle entry, each with a length of approximately 150 m. Key geotechnical parameters evaluated in the mine design were: o support interval between potash seams to be minimum of 3 m thick, o 8 m wide pillar between consecutive production rooms (of 8 m each) o 50 m wide pillar between Production Panels and between the side of the Production Panel and the Main Haulage o minimum thickness of 10 m to 15 m of the Salt Member between the mine openings and the floor of the overlying Anhydrite Member (referred to as the ‘salt back') o stand-off distance of 20 m from any exploration holes o stand-off distance of between 30 m - 60m from significant geological anomalies o pillar of 300 m in radius around Shafts Mine access is provided by two vertical Shafts, each 8 m in diameter. The shafts will be sunk near the center of the orebody. To provide access to the underground, the Intake Shaft will be equipped with a hoist and cage system for transportation of persons and material. The Exhaust Shaft will be equipped with a Pocket Lift conveyor system to continuously convey the mined-out ore to the surface. Both shafts are approximately 270m deep. Mining equipment selected for the Kola Project Mine includes a fleet of 7 electrically powered continuous miners. Ore haulage from the CMs to the feeder breaker apron feeder will be done using electrically- powered Shuttle Cars, with a rated payload of 30 t and a 250 m power supply cable. Underground conveyor belts will be used for ore transportation to the shaft. The belt conveyors are distributed in the haulages and into the working panels near the CM working face. The ore will be placed on the belts from feeder breakers that are fed by the Shuttle Cars. Belt conveyors will carry the ore loaded by the feeder breakers to the ore bins. The ore is then conveyed from the ore bins to the vertical conveyor (Pocket Lift) system located in the Exhaust Shaft. 5. Life of Project schedule The Life of Mine (LoM) production schedule reported in the optimisation study is as summarized below. The project Life-of-Mine (LoM) production schedule, including tonnes of Sylvinite, tonnes of waste, tonnes of the Muriate of Potash (MOP) product, and the average KCl grade of the Run-Of-Mine (ROM) material, is summarized in Figure 3. The Life of Ore Reserves for the Kola Project is estimated at 25 years, and full-scale production averaging approximately 2.14 million tonnes per annum of MOP from Ore Reserves occurs for approximately 21 years post commissioning and ramp up. During the exploitation of Ore Reserves, 9.7 Mt of Inferred Mineral Resources are scheduled to be mined and processed. This represents approximately 6.0% of the total amount of ROM material processed in the first 25 years. This portion of the Inferred Mineral Resources is at the periphery of the Mineral Resources envelope and immediately adjacent to the Ore Reserves and logically would be extracted in conjunction with the adjacent Ore Reserves. Figure 4 below shows panel sequencing for extraction of Ore Reserves. Page 13 of 71 Figure 3 - Life-of-Mine Production Summary of the Kola Mine (available at www.korepotash.com) In addition, scheduling a further portion of Inferred Mineral Resources after the full depletion of Ore Reserves adds an additional 6 years to the project life. The extraction and processing of these Inferred Mineral Resources has been included in the Life of Project economic evaluation and extends the evaluated project life to 31 years. Approximately 17% (58.5 Mt) of the total Inferred Mineral Resources (340Mt) have been included in the economic evaluation. There is a low level of geological confidence associated with inferred mineral resources and there is no certainty that further exploration work will result in the determination of indicated mineral resources or that the production target itself will be realized. In preparing the production target and economic evaluation, each of the modifying factors was considered and applied and the Company consider there are reasonable grounds for the inclusion of Inferred Mineral Resources in the production target for the Kola Project. Due to the lower level of confidence associated with Inferred Mineral Resources, a detailed mine design and extraction plan was not prepared for the Inferred Mineral Resources considered in the final 6 years of the economic evaluation. The same underlying operating cost and sustaining capital assumptions for the first 25 years were applied to the final 6 years of the economic evaluation. Page 14 of 71 No Exploration Target material has been included in the economic evaluation or production target for the Kola Project. Page 15 of 71 Figure 4: Life of Ore Reserves Panel Sequencing (available at www.korepotash.com) Page 16 of 71 6. Hydrogeology The DFS hydrogeological investigations have been used in the optimisation study and there are no changes to the information or assumptions related to hydrogeology. The hydrogeology test work that was carried out, is summarised below: 1. Identify sources of fresh water supply for construction and operations. These tests concluded that process plant area water supply is available at required rate of 150 m3/hr utilising 5 wells at a depth of 120 m. Similarly, the required water supply at the mine site of 30 m3/hr can be supplied via 2 wells sunk to 120 m depth. Hydrogeological modelling indicates that extraction of these quantities of water over the project life will not adversely impact the aquifers and minor drawdown in the aquifers is expected over the life of the project. 2. Understand the risk that aquifer system poses to mining operations and how to mitigate this risk. The risk of water ingress to the mining areas is a common risk in almost all salt and potash mines. These mines are typically overlain by water-bearing sediments. At operating potash mines in Canada and Europe, the hydrogeological risk is considered higher in areas of disturbance of the stratigraphy, referred to as geological or subsidence anomalies. At Kola, a detailed understanding of the aquifers overlying the evaporite rocks, as well as of the aquitards (or barriers to water flow), has been developed over a number of years. The conclusions drawn following hydrogeological testing were: o A problematic water ingress is considered a low probability as no linear faults have been identified and all potential subsidence features can be accurately delineated using (proposed 50 m spaced line) 3D seismic surveying, to add to the existing 186 km of seismic survey data over the Deposit. o No mining or shaft sinking is planned within areas of subsidence. In addition, horizontal ‘cover drilling' and ground penetrating radar ("GPR") will be employed as forward-looking actions to improve understanding of ground conditions in advance of mining and further mitigate the risk of intersecting a structure or area of disturbance. o The mine design incorporates a 10-15 m minimum 'salt-back' barrier between the mining area and the anhydrite aquitard, effectively reinforcing the anhydrite member aquitard layer. 3. Understand the impacts of groundwater composition and the aquifers on the shaft sinking operation. Page 17 of 71 The results of this testing confirmed: o That ground freezing during shaft sinking will not be impacted by hydraulic flow or high salinity in the deep aquifer. In fact, low permeability, and low total dissolve solids ("TDS") and salinity in both aquifers is to be expected, supporting the planned freeze-hole spacing and comparatively low energy consumption for the ground freezing operation. o The presence of a thick Anhydrite Member (12 m) overlying the salt member which acts as an aquitard and reduces risk of water inflow into the salt member. 7. Metallurgy and Process Ore from underground is transported to the process plant via an overland conveyor approximately 24 kilometers long. A conventional potash flotation plant with a maximum designed production of 2.24 million tonnes per annum of MoP has been designed for the Kola Project. As a result of the low Insolubles content, no separate process circuit is required to remove Insoluble material. The final MOP product is then transported 11 km by conveyor belt from process plant to the marine export facility at the coast. A schematic of the full process to extract ore and produce MOP product is shown in Figure 5. Figure 5: Process flow from mine to ship (available at www.korepotash.com) The design strategy adopted delivers a Process Plant designed to produce 2.2 Mtpa of MOP at a KCl grade of 95.5 %w and that will accommodate the variety Page 18 of 71 of ROM feedstock characteristics expected to be encountered during the Life of the project. The optimised process design references the DFS metallurgical test work in 2017 and 2018. The description of the test work used in the optimisation study is summarised below. Characterisation tests were performed on pure seam samples (USS, LSS and HWS) expected to be mined as part of the mine schedule. Composite samples of multiple seams, prepared to be as representative as possible of the expected range of Run of Mine Ore characteristics foreseen in the mine schedule, were prepared from the seam samples. The insoluble content of the samples was less than 0.5%w and close to 0.1%w in the composite from the USS and LSS. The characterisation of both the composite samples and the pure seam samples established that the KCl content in the composite was 32.2%w. The optimisation study determined the minimum process plant KCl recovery will be 90.4% and this recovery has been used in the economic evaluation. 8. Marine Facilities The marine facility used in the optimisation study was based on the DFS design. A summary of the design is given below: A trans-shipment arrangement has been designed whereby MOP for export is loaded from a dedicated Jetty into self-propelled shuttle Barges (two units), which then travel to the Ocean-Going Vessels (OGVs) anchored 11 nautical miles (20 km) offshore at a dedicated transshipment zone. The MOP is transferred from the Barges to the OGVs using a Floating Crane Transhipper Unit (FCTU). Transshipping was selected over direct ship loading from the export jetty. The ocean depth along the coastline is shallow and it was not considered feasible to construct the length of jetty required to facilitate direct ship loading. To ensure sufficient year-round operational availability of the Jetty, a breakwater structure has been designed to shelter the berthing area for Barge loading operations. The Jetty has been widened to accommodate both a Seawater Intake ("SWI") and a Seawater Outfall ("SWO") system. 9. Residue and Brine Disposal The Kola Project's process residue is combined into a single waste stream Page 19 of 71 composed of the NaCl (the brine from product and salt de-brining - bulk of the effluent) and the residue stream which originates from the insoluble de-brining circuit within the Process Plant. The residue is collected in onshore dissolution/dilution tanks and then discharged at sea via the SWO pipe and diffuser. The discharge stream's dispersion characteristics comply with the applicable environmental criteria. Ecotoxicological test work of the expected discharge confirms that the discharge at sea of the combined salt and insoluble tails stream does not place undue stress on the marine environment. No onshore tails storage facility is therefore required for the Kola Project. 10. General Infrastructure a. Mine Site - Infrastructure The Mine Site is located 24 km north and inland of the Project Process Plant Site which is near the village of Koutou and the current KP2 Exploration Camp. The site can be accessed from Pointe Noire on the existing National Highway "Routes Nationales" RN5 and RN6, via Madingo Kayes. The Mine Site surface facilities and infrastructure provides access and support facilities for the Underground Mining operations. No permanent living accommodation is planned at the Mine Site for the Operational phase of the Project. b. Process Plant Site - Infrastructure The Process Plant Site is located 11 km inland from the marine facilities, approximately 60 km northwest of Pointe Noire. Run of Mine (ROM) ore is transferred from the Mine Site via the Overland Long Conveyor (OLC). The Process Plant Site facilities and infrastructure produces granular Muriate of Potash (MOP), which is transferred to the Marine Facilities for export. The main administration, control and support functions (Maintenance, Storage, Logistics, Training, etc.) are also located within the Process Plant Site. c. Mining Complex & Off-Site - Infrastructure The operation of the Kola Project's Mine and Process Plant sites are supported by ancillary sites (Accommodation Camp and Solid Waste Management Centre) and interconnecting infrastructures (Roads, Power, Water and Gas supply, and Communications). The permanent accommodation camp will be located approximately 3 km from the Process Plant and will accommodate up to 850 people. Page 20 of 71 Operational electrical power will be sourced from the RoC national grid. A 57 km long 220 kV transmission line will be built from the Mongo Kamba II substation north of Pointe Noire to the Process Plant. The power demand is estimated to be 25 MVA at the Mine Site and 50 MVA at the Process Plant. The natural gas needed for product drying will be supplied by a 73 km long pipeline from the M'Boundi gas treatment plant. Memoranda of Understanding for the supply of electrical power and gas are in place with the intended suppliers. Supply contracts are planned to be formalised post the final investment decision for the project. Raw water will be supplied from wells located at the Mine Site (2 wells), the process plant site (5 wells) and at the Accommodation Camp (4 wells). 11. Environmental and Social Impact Assessment (ESIA) The ESIA was prepared managed by SRK Consulting (UK) Limited's environmental and social (E&S) team. SRK partnered with "Cabinet Management & Etudes Environnementales S.A.R.L." (CM2E), which acted as the Congolese-registered consultancy. The Kola ESIA, initially approved on 10 October 2013, was amended to reflect the design changes made to the Kola Project as part of the Definitive Feasibility Study ("DFS") and has been amended to include the service corridors for a gas pipeline and overhead power line. The application and terms of reference for amending the ESIA were approved on 12 April 2018 by the Minister of Tourism and Environment. The ESIA for the Kola Mining License was approved on 31 March 2020 granting a 25-year approval. The change in position of the process plant will now require an amendment to this ESIA and this will be actioned in the 2nd half of 2022. The Company shall carry out their construction operations in compliance with the environmental and social management plan as part of the approved ESIA and will be subject to Regulator's environmental management compliance audits. 12. Potash Marketing Kore's potash marketing strategy recognises the supply opportunities arising from MOP market growth in Brazil, the project's proximity to Brazil and African markets and the cost competitiveness of the Kola Project. The DFS and optimisation study demonstrate that the Kola project can deliver MOP into Brazilian and ports on the west coast of Africa at lower cost than all other international suppliers. The same selling price that was used in the DFS economic evaluation has been used in the optimisation study. Page 21 of 71 The design of the processing plant allows Kore to produce red MOPG (Muriate of Potash - Granular) for the Brazil market. 13. Capital and Operating Costs a. Capital Cost The pre-production Capital Cost for the Kola Project is estimated at US$1.83 billion which includes US$80 million of Contingency, US$55million of Escalation and US$118 million owners' costs. The Capital Cost Estimates, expressed in US dollars, have been developed for each work breakdown area, and are based on December 2021 prices. The Capital Cost Estimates are based on Erected Quantities determined by ENFI's engineers involved in the optimisation study. Rates for construction and installation are based on those of similar projects executed in recent years in the local area. The rates of mine works are in reference to the Chinese Budget Quotes of Non-ferrous Metal Construction Projects (2019 Edition). The rates for indirect costs are based on Chinese Government-Stipulated Social Average Prices for the Calculation of Indirect Costs in the Non-Ferrous Metals Industry (2019 Edition). The prices of large special equipment have been sourced mainly from tender prices. The prices of a portion of the large equipment comes from Chinese suppliers, and those of other equipment such as the regrind mill are from corresponding non-Chinese suppliers. The prices of medium and small-sized mechanical and electrical equipment are adjusted according to the 2021 Chinese Price Inquiry System of Mechanical and Electrical Products. The prices of non-standard equipment are adjusted in reference to the Chinese Method for Determining Non-Standard Equipment Prices issued in 2019, as well as recent order prices and delivery prices of the same kind of equipment. For the DFS and optimisation study, Capital Costs have been grouped into Initial, Deferred and Sustaining Capital Costs. o Initial Capital Costs: all costs incurred up to the completion of First Barge Load milestone. o Deferred Capital Costs: all capital costs incurred from First Barge Load completion up to the Nominal production rate (Mine Steady State + 3 months of stabilized full production) achievement milestone. o Sustaining Capital Costs: all capital costs incurred after this last milestone. They represent the costs of investments to be carried out to maintain nominal production capacity over the years. o Capital Costs (Initial and Deferred) are summarized in Table 4. Page 22 of 71 Table 4 - Summary of Optimisation Study Capital Costs Deferred Capex Initial plus Deferred Capex Description Initial Capex (kUSD) (kUSD) (kUSD) Mine Area 361,671 62,409 424,080 Process Area 453,386 497,667 Tailings Disposal - - - Roads 51,550 - 62,877 Marine Facilities 166,946 - 179,176 General Infrastructures 236,722 - 309,484 Sub-Total Direct Costs 1,270,277 62,409 1,332,686 Construction Supervision 74,946 0 79,369 Pre-Comm. / Comm- /Start- 28,454 0 33,443 up Supervision Home Office Services 154,338 0- 164,397 Miscellaneous 8,000 0- 10,388 Sub-Total Services & Misc. 265,739 0 287,597 Sub-Total Technical Cost 1,536,016 62,409 1,598,425 Owner's Costs 118,844 - 118,844 Escalation 55,437 0 55,437 Contingency 81,915 0 81,915 EPC margin 35,236 - 35,236 Total Capital Costs 1,827,450 62,409 1,889,859 Sustaining capital costs cover expenditures required to ensure the operation can sustain the production at nameplate capacity. These costs include overhaul parts and labour, replacement of equipment, maintenance of infrastructures (road, jetty etc.), shut down costs, additional continuous miner and additional underground conveyor costs, and the inspection and maintenance of the trans- shipment vessels. Sustaining Capital Costs of US$732 million have been included in the financial analysis, which is equivalent to US$11.20/t MOP. b. Operating Cost The Operating Costs are expressed in US dollars on a real 2022 basis and are based on average annual production of 2.1 Mtpa of MOP over the life of mine. All costs have been prepared on an owner operated basis and are shown in Table 5. Table 5 - Summary of Operating Costs Cost Category Real 2022 costs Page 23 of 71 (US$/t MOP) Opex Mining Cost 21.20 Process Cost 28.90 G&A costs 13.50 Mine Gate Operating Costs 63.60 Sustaining Capex 11.20 Product Realisation Charges and Allowances 3.30 Royalties 8.30 Ex Works Cost 86.40 Logistics to FOB point 4.40 Ocean Shipping 15.10 CFR Cost (Landed in Brazil) 105.90 14. Economic Evaluation a. Summary Economics The economic evaluation delivers a post-tax NPV10 (real) of US$1.623 billion and a real ungeared IRR of 20% on an 90% attributable basis, The evaluation is based on a granular MOP price of US$360/t MOP CFR Brazil (real 2022) which represents the same pricing scenario used in the DFS. The Quarter 1 average for 2022 CFR Brazil price was US$876 /t MOP. The key assumptions underpinning the economic evaluation are as follows: • Construction start date: 1 January 2023. • 25-year initial project life from first production based on depletion of Ore Reserves. • Subsequently an additional 6 year project life based on exploitation of a portion of the Inferred Mineral Resources • 2.1 Mtpa average production of MOP. • Granulated MOP represents 100 % of total MOP production and sales. • All cashflows are on a real 2022 basis • NPVs are ungeared and calculated after-tax applying a real discount rate of 10%. • NPVs are calculated at a base date of 1 January 2023 prior to the potential dates for commencement of project construction • Fiscal regime assumptions are aligned with the recently finalised Mining Convention: o Corporate tax of 15% of taxable profit with concessions for the first 10 years of production (0% for the first 5 years and 7.5% for years 6 - 10). Page 24 of 71 o Mining royalty of 3% of the Ex-Mine Market Value (defined as the value of the Product (determined by the export market price obtained for the Product when sold) less the cost of all Mining and Processing Operations including depreciation, all costs of Transport (including any demurrage), and all insurance costs). o Exemption from withholding taxes during the term of the Mining Convention. o Exemption from VAT and import duty during construction; and o Congo Government receives 10% of the shares in KPM which owns the Kola Project. The forecast project cash flow on a 90% attributable basis for 31 years of production is illustrated in Figure 6. Figure 6- Project Cash Flow Forecast (real 2022) on a 90% Attributable Basis (available at www.korepotash.com) b. Price Sensitivity Analysis The price sensitivity of the project financial performance to potash pricing is shown in Table 6 below. Table 6: Sensitivity to potash price based on a 90% attributable basis Page 25 of 71 Average Annual Potash Price NPV10% real IRR % EBITDA US$/tonne (US$ million) (US$ million) 300 899 15.6% 419 360 1 623 19.6% 545 400 2 106 22.0% 628 500 3 314 27.6% 837 600 4 522 32.7% 1 046 700 5 730 37.2% 1 255 800 6 938 41.4% 1 464 900 8 146 45.3% 1 673 1000 9 354 49.0% 1 882 15. Project Funding The Directors of Kore have formed the view that there is a reasonable basis to believe that requisite future funding for development of the Kola Project will be available when required. Kore shareholders should be aware of the risk that future funding for development of the Kola Project may dilute their ownership of the Company or Kore's economic interest in the Kola Project. There are a number of grounds on which this reasonable basis is held: • On the 6th April 2021, in the release "Non-binding Memorandum of Understanding to arrange the full financing required for the construction of the Kola Project", Kore advised details of the Consortium that has undertaken to provide a debt and royalty financing proposal for the full construction cost of Kola. The Summit Consortium consists of Summit (an African strategic advisory and corporate finance investment group) and SEPCO (an international engineering and construction group) as its technical partner. Together they committed to a process to fully fund the construction of Kola. The first key milestone in this process, the optimisation study, has now been completed and is reported in this announcement. The next key milestone is the receipt of an EPC contract proposal from SEPCO and then is to be followed by the financing proposal from the Summit Consortium. • Kore has two large strategic shareholders on its register: (i) SQM (15.74%): a Chilean company with a market capitalisation in excess of US$26 B that is an integrated producer and distributor of specialty plant nutrients, including having an established business in the global potash market; and (ii) OIA (19.35%): the sovereign wealth fund of Oman (formerly SGRF), which holds a range of natural resource investments, including on the African continent. These two groups invested a total of US$40 million into Kore in late 2016 and have continued to invest in the company through additional fundraises and the issue of shares in lieu of cash for technical services totalling US$19.5 million. They collectively bring a considerable and highly relevant combination of substantial financial Page 26 of 71 capacity, specific potash experience, Latin American, Middle Eastern and African influence, and financing expertise. • The Kola Project optimisation study was completed by SEPCO with their technical consultants China ENFI Engineering corporation (for mining and process) and CCC-FHDI Engineering Co Ltd (Marine facilities). This team has the technical and commercial experience in potash and African projects that supports the successful execution of the Kola project. • The technical and financial parameters detailed in the Kola Project Optimisation study are robust and economically attractive. • SQM and OIA hold a right of first refusal to product offtake from Kola proportionate to their shareholding interest (with each having a floor of 20% of production). The residual 60% remains uncontracted and therefore a considerable attraction to other potential strategic financiers of the Kola Project. In this respect, Kore has held, and continues to hold, discussions with respect to possible offtake and project funding/ownership via additional strategic partners. • Kore as 90% owner of Kola retains options for raising the required equity funding including selling down part of its interest in the Kola Potash Project to a third party to form a joint venture. Introduction of a joint venture partner may also provide further comfort for potential debt project financiers and could reduce Kore's share of the equity funding requirements for the project. Kore shareholders should be aware that any sale of a joint venture interest in the project to a third party would most likely dilute Kore's economic ownership of the project. • The Kore Board and management team is highly experienced in the broader resources industry. They have played leading roles previously in the exploration and development of several large and diverse mining projects in Africa. In this regard, key Kore personnel have a demonstrated track record of success in identifying, acquiring, defining, funding, developing and operating quality mineral assets of significant scale. • Funding for Kola Project pre-production and initial working capital is not expected to be required until post conclusion of an EPC agreement and receipt of financing proposal. Kore has reasonable grounds to believe that obtaining requisite funding within this timeline is achievable. Page 27 of 71 Appendix B: Summary of Information required under ASX Listing Rule 5.9.1 (Ore Reserves), Listing Rule 5.16.1 (production target) and Listing Rule 15.7.1 (forecast financial information). Pursuant to Listing Rules 5.9.1, 5.16.1 and 15.7.1, and in addition to the information contained in the body of this release, the Company provides the following summary information Kola Project Ore Reserves and related production target and forecast financial information Summary of Material Assumptions - Ore Reserves Material assumptions relating to the statement of Ore Reserves for the Kola Project are summarised below: • Production life - Life of Mine ("LoM") based on Ore Reserves of 25 years at nominal 2.2 Mtpa MoP production, average 2.1 Mtpa MoP production, this was determined during the execution of the optimisation study and from an aligned production schedule for both mining and processing. • Product pricing - Average MoP price of US$360/t MoP CFR Brazil (real 2022) for granular product has been assumed which is considered to be highly conservative compared to prevailing prices of $1100/ t MoP CFR Brazil for 2021 • Operating cost - average LoM mine gate operating cost US$63.6/MoP t real as detailed in the optimisation study • Shipping costs - LoM Shipping costs (trans-shipment and sea freight) of US$19.5 /MoP t were based on information and estimates from the DFS and review during the optimisation study. • Project duration - A project capital expenditure period of 40 months was assumed in the optimisation study and a deferred capital expenditure period from month 49 to month 72. Sustaining capital was assumed in the optimisation study to be spent over a period from month 44 to month 408. • Project Capital - A total nominal Project Capital of US$1.83 billion (including EPC costs and mark- up) was estimated in the optimisation study • Fiscal parameters - The mining convention between the Company and the Republic of Congo specifies the fiscal parameters summarised below: o Company tax rate (15%), o Initial tax rates (5 years at 0% + 5 years at 7.5%) o Royalties (3% of revenue) (Mining Convention) o Government free carry (10%) (Mining Convention) o Other minor duties and taxes (Mining Convention) • Working capital assumptions - Working capital based on 30 days Debtors and Creditors, 60 days Stores. Page 28 of 71 Summary of Material Assumptions - production target and forecast financial information based on the optimisation study Material assumptions relating to the production target and forecast financial information for the Kola Project which incorporate results from the optimisation study are summarised below: • Production life - LoM of 31 years at an average annual production of 2.1 Mtpa MoP production. The production life fully depletes Ore Reserves and incorporates a portion of Inferred Mineral Resource into the production target. • Product pricing - Average MoP price of US$360/t MoP CFR Brazil (real 2018) for granular product. • MoP Product - The process design is based on a single product type, Red Granular MOP. (The MoP produced will comprise at least 95.3% KCl, with a maximum of 0.2% Mg and 0.3% Insolubles). • Operating cost - mine gate operating cost of US$63.60/t and export (FOB) cost of US$90.80/t were reported in the Optimisation Study. • Project duration - A project capital period 40 months was reported in the Optimisation Study. • Project Capital - A Project Capital of US$1.83 billion (including EPC costs and profit margin) was reported in the optimisation study Criteria for Mineral Resource and Ore Reserve Classification The criteria for Mineral Resource and Ore Reserve Classification remain unchanged from the "Definite Feasibility Study" released on 29th January 2019. The Ore Reserve estimate is based on the Kola Sylvinite Indicated and Measured Mineral Resources reported by Met-Chem DRA in accordance with the JORC Code (2012 edition) and announced by the Company on 6 July 2017. Drill-hole and seismic data were relied upon in the geological modelling and grade estimation. Across the deposit the reliability of the geological and grade data is high. Grade variation is small within each domain reflecting the continuity of the depositional environment and ‘all or nothing' style of Sylvinite formation. Drill hole data spacing determines confidence in the interpretation of the seam continuity and therefore confidence and classification; the further away from seismic and drill-hole data the lower the confidence in the Mineral Resource classification. In the assigning confidence category, all relevant factors were considered, and the final assignment reflects the Competent Persons view of the deposit. Table 1: Summary of Criteria used for the Classification of the Kola Mineral Resource Drill-hole required Seismic data required Classification extent Measured Average of 1 km Within area of close spaced Not beyond the seismic spacing 2010/2011 seismic data (100 - requirement 200 m spacing) Indicated 1-1.5 km spacing 1 to 2.5 km spaced 2010/2011 Maximum of 1.5 km seismic data and 1 to 2 km spaced beyond the seismic data oil industry seismic data requirement if sufficient drill-hole support Inferred Few holes, none 1-3 km spaced oil industry seismic Seismic data required more than 2 km data and maximum of 3.5 km from another from drill-holes Page 29 of 71 The Measured and Indicated Mineral Resources for sylvinite are hosted by 3 layers (or ‘seams') which are from uppermost; the Hanging Wall Seam (HWS), the Upper Seam (US) and the Lower Seam (LS), each separated by rock-salt (a rock-type typically comprised of amp;gt;95% halite). Magnesium and insoluble content are considered deleterious but are present in only very small amounts in the ore (average of 0.07% and 0.14%respectively). The Mineral Resource Estimate was delivered to the Ore Reserve consultants in the form of a standard block model, blocks having dimensions 250 x 250 x 1 m, each block having a KCl grade, a density, and magnesium and insoluble content. The Mineral Resources are inclusive of the Ore Reserves i.e. the Ore Reserves are the mineable part of the Mineral Resources after the application of technical, economic and other modifying factors. Areas of potential structural disturbance, referred to as geological anomalies were excluded from the Measured and Indicated Mineral Resource. They were identified from seismic data as is standard in potash mining districts elsewhere. A 10% cut-off grade (CoG) was used in the Mineral Resource Estimate. Mining Method and assumptions The mining method and assumptions remain unchanged from the "Kola Definite Feasibility Study" ("DFS") released on 29 January 2019. Mining factors and assumptions have been derived from the historical information available for mature potash mines, and the current best mining practices. The Kola orebody will be mined using conventional underground (UG) mining method consisting of room and pillar in a ‘chevron' (or herringbone) pattern, with Continuous Miners (CM's) mining machines of the drum-cutting type. Most of the mining will be on one level only where only the US will be extracted. In some areas, both the US and the LS will be mined, in which case the LS will only be mined after the US. In other areas only the HWS will be mined. In determining the Ore Reserves, a minimum mining height of 2.5 m was selected based on capability of the selected CM which is also capable of mining up to 6 m. Areas of the Mineral Resource with a seam height of less than 2.5 m were excluded from the Ore Reserves. The mine design is typical of potash mines, having 4 entries for accessing panels. Each drive will typically be 8 m wide and 3 m to 6 m high depending on the seam height. The typical configuration for the chevron pattern is an angle of 65 degrees from the middle entry, and length of 150 m approximately. Page 30 of 71 The Mine design relies on geotechnical modelling, carried out in FLAC 3D software. The modelling was based on geotechnical test-work carried out on representative core samples from the sylvinite seams and host rocks (rock-salt and lesser carnallitite). The geotechnical modelling established that the mine design is stable over the LoM and includes the following geotechnical parameters: • Where both the US and LS seams are to be mined, the support interval between the US and LS must be at least 3 m thick, • An 8 m wide pillar between two consecutive production rooms (of 8 m each). • A 50 m wide pillar between two production panels. Similarly, a 50 m wide pillar will be left in place between the side of the production panel and the main haulage access drift. • The interval of rock-salt between the mine openings and the floor of the overlying anhydrite member is referred to as the ‘salt back'. This is typically over 30 m but is less in some areas. The DFS design allows that it may be a minimum of 15 m unless the Anhydrite Member is well developed where it may be 10 m. This is based on the results of the geotechnical model. • A stand-off distance of 20 m radius from the exploration holes. • A stand-off distance of 30 m radius from class 2 geological anomalies and 60 m radius from class 3 geological anomalies. • A pillar of 300 m in radius around the exhaust and intake shafts. Based on the selected mining equipment (CMs), it is anticipated that a good cutting selectivity would be achieved, and that a maximum of 0.2 m of dilution material above and/or below the potash seam is likely. Carnallitite is present in the floor of the seam in some areas. The roof is always of rock-salt. On average, the dilution material is equivalent to approximately 10% of the tonnage of the Ore Reserves. Dilution material was assigned a grade of 3% KCl if rock-salt and 0% KCl if Carnallitite. Based on the configuration of the proposed mining layout, and the anticipated fleet of mining equipment, it is assumed that the mining recovery in the different extraction chambers will be 90% on average (i.e. mining losses will be 10%). This considers the mining action which will lead to some losses such as material being excavated and left in the production chamber, or mineralized material left in the floor or roof, etc. The Global extraction ratio is 30% (25% in the LS, 33% in the US and 28% in the HWS). This is after the removal from Ore Reserves of all pillars (pillars around the geological anomalies, the barrier pillars, the shaft pillar, the pillars between chevrons and main access drifts), the stand-off distance around boreholes, mining losses and the exclusion of sylvinite amp;lt;2.5 m thick. Two vertical shafts, each of 7 m internal diameter, will be sunk at a central location in the Ore Reserves, to provide access to the underground. The intake shaft will be equipped with a hoist and cage system for transportation of persons and material, while the exhaust shaft will be equipped with a vertical conveyor system to convey the mined-out ore to the surface. Both shafts are approximately 270 m deep. Ore haulage from the CMs to the feeder breaker apron feeder will be done using electrically- powered Shuttle Cars. Page 31 of 71 Underground conveyor belts will be used for ore transportation in all the areas of the mine. The belts are distributed in the mains and submains and ultimately in the working panels near the CM working face. The ore will be placed on the belts from the feeder breakers that were fed by the shuttle cars. The belt conveyors will carry the ore loaded by the feeder breakers to the ore bins. Then the ore is conveyed from the ore bins to the Pocket Lift system located in the exhaust shaft. Processing Method and Assumptions The changes to the processing method and assumptions arising from the optimisation study are as follows. • The product will be granular MoP K60, comprising at least 95.3% KCl. The optimisation study design allows for the production of a single product, red granular MOP. • The process flow sheets were optimised to produce a maximum of 2.2 Mtpa of Muriate of Potash (MOP), at 95.3% KCl purity, with a minimum KCl recovery of 90.4% of the KCl content in the ROM fed to the Process Plant. • Eight key areas of process design were changed in the optimisation study o The crushing circuit was changed from 3 stage crushing to 2 stage crushing o The mixing tanks post crushing were replaced with a combination of screens and tanks o The scrubbing capacity has been reduced o The thickening capacity has been increased o Column cells have been replaced with floatation cells o Re-grind flows have been re-routed o Tailings centrifuges has been replaced with a belt filters o Compaction circuit has been simplified A conventional flotation process will be utilised for potash concentration. This method is well established and is the most widely used method in the potash industry. No new metallurgical test work was carried out in the optimisation study, the test work completed remains as per the DFS released on 29 January 2019, and is summarised below: The metallurgical test work campaigns were based on representative core samples of the three seams, collected from the exploration drill hole cores. They comprised US (114.5 kg), LS (102.0 kg) and HWS (10.3 kg). All test work was carried out at the Saskatchewan Research Council ("SRC") laboratory in Saskatoon, Canada Page 32 of 71 Two metallurgical test work campaigns were conducted during the DFS in 2017 and 2018. The main philosophy of the first DFS test work campaign was to prepare representative test feedstocks for each seam, confirm KCl liberation, characterize the feedstock, perform flotation tests, optimize the operating conditions, optimize reagent consumption for optimum KCl recovery and grade performance, perform a sensitivity test on flotation. The objective of the second test work campaign was to optimize the flotation process and improve the plant recovery from the initial flow sheet. The results of this second test work campaign demonstrated that the new flotation process performed above the project performance minimum target. Magnesium and insoluble material are considered deleterious. The extremely low content of these materials in the ore mean that their removal is relatively straightforward. Insoluble material is removed by attrition scrubbing and magnesium removed by brine purge. Cut-off Grades The cut off grades remain the same as the DFS published on 29th January 2019. A Cut-off grade ("CoG") of 10% KCl has been calculated within the process to state Ore Reserves. The cut-off grade calculation included all operating costs associated with the extraction, processing and marketing of ore material. The cut-offs are based on a Muriate of Potash (MoP) price of US$250 per tonne of MoP. Inputs to the calculation of CoG included: o Mining costs o Metallurgical recoveries o Processing costs o Shipping costs o General and administrative costs All sylvinite of the Measured and Indicated Resource is above 9.9% KCl (the Ore Reserve calculated CoG), therefore all the Measured and Indicated Sylvinite Resources have been considered for the Ore Reserve Estimate by application of the other modifying factors. The uniformly very low content of deleterious elements (magnesium and insoluble material) meant that these did not require consideration in the CoG determination. Cost Estimation Methodology Capital Cost: • Capital costs have been estimated for each scope area, expressed in United States dollars (US$) and based on December 2021 prices. Page 33 of 71 • Escalation of 3.3% of direct costs (up to project completion) has been modelled, and a Contingency of 5% of direct costs has been added. • Three capital periods have been defined: Initial (Construction and up to first barge loading, Month +40); Deferred (up to ramp-up completion, Month +65); Sustaining (after Month +65) Operating Cost: • Operating Cost covering the Life of Mine (31 years) has been estimated in US dollars and reported in the SEPCO Optimisation Study report 2022. They include costs for Electric power, Fuel, Gas, Labour, Maintenance parts, Operating Consumables, General and Administration costs and Contract for Employee Facilities. • Transshipment costs were supplied by SEPCO in the optimisation study report based on work done by their marine consultant. • Ocean Freight Transportation estimate produced were supplied by SEPCO in the optimisation study report based on work done by their marine consultant. • Mine Closure cost estimated in accordance with the Conceptual Rehabilitation and Closure Plan developed by SRK Consulting. • Mine Closure duration of 24 months (2 years) • Quantities of equipment, materials and works directly assessed from the Material Take-off prepared within the framework of the DFS for the Kola Potash Project. • Unit rates for dismantling, demolition and rehabilitation works directly based on the Construction Unit rates applied for the CAPEX estimate of the Kola Potash Project and adjusted by using ratios to assess the lower consuming time and means for dismantling, removing and demolition works. • State mineral royalties of 3% of Gross Revenue were applied • Measured Mineral Resources were used for the estimation of the Proved Ore Reserves. Indicated Mineral Resources were used for the estimation of Probable Ore Reserves. • The conversion of Measured and Indicated Mineral Resource to Proved and Probable Ore Reserve reflects the Competent Person's view of the deposit. • 40.6% of the Ore Reserves are classified in the Proved category and 59.4% of the Ore Reserves are classified in the Probable category Material Modifying Factors • Status of Environmental Approvals The Kola Environmental and Social Impact Assessment ("ESIA"), initially approved on 10 October 2013, was amended to reflect the design changes made to the Kola Project as part of the Definitive Feasibility Study ("DFS") and has been amended to include the service corridors for a gas pipeline and overhead power line. The application and terms of reference for amending the ESIA were approved on 12 April 2018 by the Minister of Tourism and Environment. The ESIA for the Kola Mining License was approved on 31 March 2020 for 25 years. The proposed new position of the process plant resulting from the optimisation study creates a requirement to further amend the ESIA. It is intended that work on this amendment will commence in the second half of 2022. Page 34 of 71 • Status of Mining Tenements and Approvals Kore has a 97%-holding in Sintoukola Potash SA (SPSA), a company registered in the ROC. The remaining 3% in SPSA is held by "Les Establissements Congolais MGM" (Republic of Congo). SPSA in turn has a 100% interest in its two ROC subsidiaries, Kola Potash Mining SA ("KPM") and Dougou Potash Mining SA ("DPM"). The Mining Convention includes a requirement for 10% of the shares in KPM and DPM to be assigned to the Government of the Congo. The Company is currently awaiting instructions on how to affect this transfer. The Kola Deposit is within the Kola Mining Lease which is 100% owned by KPM o In May 2008, a non-exclusive Prospecting Authorisation was granted to Sintoukola Potash covering an area of 1,436.5 km2. On 13 August 2009, this was changed to a "Permis de Recherches" (Exploration Permit) named ‘Permis Sintoukola' under decree No. 2009-237 giving the Company exclusive rights to explore. o On 27 November 2012, the first renewal of the permit was made, by decree No. 2012-1193 and reduced in size to 1,408 km2. o On the 9 August 2013, a Mining Lease for Kola issued under decree No. 2013-312, totaling 204.52 km2 falling entirely within the Exploration Permit. • Déclaration d'Utilité Publique" or "DUP Exclusive land acquisition rights have been granted to the Project company for plant development through ministerial order gazetted on 30 August 2018 (the "Déclaration d'Utilité Publique" or "DUP") valid for three years and renewable once for a two-year period. As a result of the proposed optimised processing plant location, a new application, to cover the optimised processing plant location is planned to be submitted to the Government after receipt and acceptance of the financing proposal from Summit • Other Governmental Factors The Company entered into a mining convention with RoC government on 8 June 2017 and it was gazetted into law on 7 December 2018. The Mining Convention provides certainty and enforceability of the key fiscal arrangements for the development and operation of the Kola Project. This includes clarifying import duty and VAT exemptions and agreed tax rates during mine operations. The Mining Convention provides strengthened legal protection of the Company's investments in the Republic of Congo through the settlement of any disputes by international arbitration. Infrastructure Requirements for Selected Mining, Processing and Product Transportation to Market The project infrastructure is comprised of the mine-site (shaft and offices), the process plant 24 km from the mine and a product and marine export facility at the coast (at Tchiboula), the 34 km infrastructure corridor between these (including the overland conveyor, service road and power line), the gas line from M'boundi gas field, overhead line from the MKII substation, the accommodation and administrative camp and the transshipment facilities. Page 35 of 71 Changes to the infrastructure requirements that arise from the optimisation study and are thus different from the DFS are summarised below. • The process plant position has been moved 11 km inland which has allowed optimisation of the foundation design, the resultant infrastructure at the coast consists of the product storage building and marine export facilities. The design of the barge loading jetty has also been optimised. • Road access to the Kola Potash Project sites will be via the existing Route Nationale 5 (RN5). Two external access roads will be built, which are respectively connected from RN5 to the mining site and from RN5 to the mineral processing site and living quarter, with a length of 2.0 km and 4.3 km respectively. Two maintenance roads for long-distance belt conveyors will be built. One of the roads for RoM belt conveyor maintenance is about 24.0 km, connecting Koutou camp and the mineral processing site. The other road is for MOP belt conveyor maintenance, • Raw Water will be supplied from wells located at the Mine Site and at the Accommodation Camp close to the Process Plant Site. • The Accommodation Camp has been sized for a capacity of 850 beds and will be located 3 km southwest of the Process Plant • Electrical Power will be sourced from the ROC national grid. A 57 km long 220 kV transmission line will be built from the Mongo Kamba II substation north of Pointe Noire to the Process Plant Site. A second 34 km long 220 kV transmission line will be built from the Process Plant Site to the Mine Site and the marine facility at the coast. • The Natural Gas needed for product drying will be supplied by a 73 km long pipeline from the M'Boundi gas treatment plant. The infrastructure requirements that have not been modified in the optimisation study and thus remain the same as the DFS are summarised below. • Ongoing operational labour will be a combination of permanent employees, permanent contract services, and part-time contract services for intermittent needs. The total requirement for permanent employees is expected to be 731. Local labour resources will be used for the majority of labour requirements, while some selected positions are planned as expat roles. • The Kola Potash Project intends to export up to 2.2 Mt MoP to world markets each year. A transshipment solution has been developed, whereby MoP for export is loaded at a dedicated jetty onto self-propelled shuttle barges (two units), which will then travel to Ocean Going Vessels (OGVs) anchored 11 nautical miles (20 km) offshore in a dedicated transshipment area. The cargo will be transferred from the Barges to the OGVs using a Floating Crane Transhipper Unit (FCTU). Page 36 of 71 Appendix C: JORC 2012 - Table 1, Section 4 Ore Reserves The Company has relied upon its previously reported information, in particular the announcement of 6 July 2017, in respect of the matters related to sections 1, 2 and 3. The Company confirms that the information in sections 1, 2 and 3 has not changed since it was last reported and has been included in Appendix D of this report for compliance with ASX requirements and ease of reference. Section 4 Estimation and Reporting of Ore Reserves (Criteria listed in section 1, and where relevant in sections 2 and 3, also apply to this section) Criteria JORC Code explanation Commentary Description of the Mineral Resource The Ore Reserves are based on the Indicated and Measured Mineral Resource estimate for sylvinite carried out by Met-Chem DRA estimate used as a basis for the and reported in accordance with the JORC Code (2012 edition), announced by the Company on 6 July 2017. conversion to an Ore Reserve. The Measured Mineral Resource is 216 Mt with an average grade of 35.0% KCl. The Indicated Mineral Resource is 292 Mt with an Clear statement as to whether the average grade of 35.7% KCl. Mineral Resources are reported The total combined Measured and Indicated Mineral Resources are 508 Mt with an average grade of 35.4% KCl. additional to, or inclusive of, the The Measured and Indicated Mineral Resources for sylvinite are hosted by 3 layers (or ‘seams') which are as follows from uppermost; Ore Reserves. the Hanging Wall Seam (HWS), the Upper Seam (US) and the Lower Seam (LS), each separated by rock-salt (a rock-type Mineral Resource typically comprised of amp;gt;95% halite). estimate for Magnesium and insoluble content are considered deleterious but are present in only very small amounts in the ore (average of 0.07% conversion to Ore and 0.14%respectively). Reserves The Mineral Resource Estimate was delivered to the Ore Reserve consultants in the form of a standard block model, blocks having dimensions 250 x 250 x 1 m, each block having a KCl grade, a density, and magnesium and insoluble content. The Mineral Resources are inclusive of the Ore Reserves (i.e. the Ore Reserves are the mineable part of the Mineral Resources after the application of technical, economic and other modifying factors.) Areas of potential structural disturbance, referred to as geological anomalies were excluded from the Measured and Indicated Mineral Resource. They were identified from seismic data as is standard in potash mining districts elsewhere.) A 10% cut-off grade (CoG) was used in the Mineral Resource Estimate. Comment on any site visits A site visit was conducted by the Competent Person for the Ore Reserve Estimate between June 26 to June 28, 2017. The visit undertaken by the Competent included exploration camp inspection, core viewing, site of shafts and process plant, access route from Pointe Noire. The site Site visits Person and the outcome of visit supported the findings of the Competent Person. those visits. No additional site visits were undertaken for optimisation study. Page 37 of 71 Criteria JORC Code explanation Commentary If no site visits have been undertaken indicate why this is the case. The type and level of study A comprehensive Definitive Feasibility Study (DFS) was completed in 2019 including a Life of Mine (LoM) plan. The DFS considered undertaken to enable Mineral all relevant modifying factors, to permit the conversion of the Mineral Resources to Ore Reserves. Resources to be converted to An Optimisation Study that is intended to lead to an EPC contract proposal has been completed in 2022 which included review of Ore Reserves. material aspects of the project design and costs. The Code requires that a study to at least Pre-Feasibility Study level has been undertaken to convert Study status Mineral Resources to Ore Reserves. Such studies will have been carried out and will have determined a mine plan that is technically achievable and economically viable, and that material modifying factors have been considered. The basis of the cut-off grade(s) or A cut-off grade (CoG) of 9.9% KCl has been calculated for the Ore Reserve Estimation based on forecast revenue and estimated quality parameters applied. operating costs. The cut-off calculation included all operating costs associated with the extraction, processing and marketing of ore material. The cut-offs are based on a conservative Muriate of Potash (MoP) price of US$250 per tonne of MoP. Inputs to the calculation of cut-off grades included: o Mining costs o Metallurgical recoveries o Processing costs Cut-off parameters o Shipping costs o General and administrative costs All sylvinite of the Measured and Indicated Resource is present at a grade significantly above 9.9% KCl (the Ore Reserve calculated CoG), therefore all the Measured and Indicated Sylvinite Resources have been considered for the Ore Reserve Estimate by application of the other modifying factors. The uniformly very low content of deleterious elements (magnesium and insoluble material) meant that these did not require consideration in the CoG determination. Mining factors or The method and assumptions used Mining factors and assumptions have been derived from the historical information available for mature potash mines, the current assumptions as reported in the Pre-Feasibility best mining practices and the outcomes of the various technical studies completed in the DFS and Optimisation Study Page 38 of 71 Criteria JORC Code explanation Commentary or Feasibility Study to convert The Kola orebody will be mined using conventional underground (UG) mining method consisting of room and pillar in a ‘chevron' (or the Mineral Resource to an Ore herringbone) pattern, with Continuous Miners (CM's) mining machines of the drum-cutting type. Reserve (i.e. either by The mining equipment selected for the Kola Potash Project Mine are CM's. application of appropriate Most of the mining will be one level only where only the US will be extracted. In some areas, both the US and the LS will be mined, factors by optimisation or by in which case the LS will only be mined after the US. In other areas only the HWS will be mined. preliminary or detailed design). In determining the Ore Reserves, a minimum mining height of 2.5 m was selected based on capability of the selected CM which is The choice, nature and also capable of mining up to 6 m. Areas of the Mineral Resource with a seam height of less than 2.5 m were excluded from the appropriateness of the selected Ore Reserves. mining method(s) and other mining parameters including The mine design is typical of potash mines, having 4 entries for access drives. Each drive will typically be 8 m wide and 3 m to associated design issues such 6 m high depending on the seam height. The typical configuration for the chevron pattern is an angle of 65 degrees from the as pre-strip, access, etc. middle entry, and length of 150 m approximately. The assumptions made regarding geotechnical parameters (e.g. The Mine design relies on geotechnical modelling, carried out in FLAC 3D software. The modelling was based on geotechnical test- pit slopes, stope sizes, etc.), work carried out on representative core samples from the sylvinite seams and host rocks (rock-salt and lesser carnallitite). The grade control and pre- geotechnical modelling established that the mine is stable over the LoM for the DFS mine design which includes the following production drilling. geotechnical parameters: The major assumptions made and o Where both the US and LS seams are to be mined, the support interval between the US and LS must be at least 3 m thick. Mineral Resource model used o An 8 m wide pillar between two consecutive production rooms (of 8 m each). for pit and stope optimisation (if o A 50 m wide pillar between two production panels. Similarly, a 50 m wide pillar will be left in place between the side of the appropriate). production panel and the main haulage access drift. The mining dilution factors used. o The interval of rock-salt between the mine openings and the floor of the overlying anhydrite member is referred to as the ‘salt The mining recovery factors used. back'. This is typically over 30 m but is less in some areas. The DFS design allows that it may be a minimum of 15 m unless Any minimum mining widths used. the Anhydrite Member is well developed where it may be 10 m. This is based on the results of the geotechnical model. The manner in which Inferred Mineral o A stand-off distance of 20 m radius from the exploration holes. Resources are utilised in mining o A stand-off distance of 30 m radius from class 2 geological anomalies and 60 m radius from class 3 geological anomalies. studies and the sensitivity of the o A pillar of 300 m in radius around the exhaust and intake shafts. outcome to their inclusion. The infrastructure requirements of Based on the selected mining equipment (CMs), it is anticipated that a good cutting selectivity would be achieved, and that a the selected mining methods. maximum of 0.2 m of dilution material above and/or below the potash seam is likely. Carnallitite is present in the floor of the seam in some areas. The roof is always of rock-salt. On average, the dilution material is equivalent to approximately 10% of the tonnage of the Ore Reserves. Dilution material was assigned a grade of 3% KCl if rock-salt and 0% KCl if Carnallitite. Based on the configuration of the proposed mining layout, and based on the anticipated fleet of mining equipment, it is assumed Page 39 of 71 Criteria JORC Code explanation Commentary that the mining recovery in the different extraction chambers will be 90% on average (i.e. mining losses will be 10%). This considers the mining action which will lead to some losses such as material being excavated and left in the production chamber, or mineralized material left in the floor or roof, etc. The Global extraction ratio is 30% (25% in the LS, 33% in the US and 28% in the HWS). This is after excluding the tonnage associated with removal of all pillars (pillars around the geological anomalies, the barrier pillars, the shaft pillar, the pillars between chevrons and main access drifts), the stand-off distance around boreholes, mining losses and the exclusion of sylvinite amp;lt;2.5 m thick. Two vertical shafts, each with 8 m internal diameter, will be sunk at a central location in the Ore Reserves, to provide access to the underground. The intake shaft will be equipped with a hoist and cage system for transportation of persons and material, while the exhaust shaft will be equipped with a vertical conveyor system (pocket lift configuration) to convey the mined-out ore to the surface. Both shafts are approximately 270 m deep. One haulage from the CMs to the feeder breaker apron feeder will be done using electrically- powered Shuttle Cars. Underground conveyor belts will be used for materials handling (ore haulage) ore transportation in all the areas of the mine. Conveyor belts are distributed in the mains and submains and ultimately in the working panels near the CM working face. The ore will be placed on the belts from the feeder breakers that were fed by the shuttle cars. The conveyor belts will carry the ore loaded by the feeder breakers to the ore bins. Then the ore is conveyed from the ore bins to the Pocket Lift system located in the exhaust shaft. The life-of mine schedule for the Kola Potash Project based on Ore Reserves is 25 years, at an average annual production of 2.1 Mt of MoP production. This Ore Reserves LoM production schedule Mineral Resource contributes 6.0% of the total amount of ROM material and is planned to be materially extracted from year 11 onwards. Without the inclusion of this material the LoM is 23 years, with a reduction of NPV10 of approximately USD 34 million and reduction in IRR of 1% The Production Target includes the Ore Reserves plus 58.5 Mt of Inferred Mineral Resource. The life-of-mine schedule for the Kola Potash Project based on the Production Target is 31 years, at an average annual production of 2.2 Mt of MoP. The Production Target LoM production schedule and economic analysis includes 9.7 Mt of Inferred Mineral Resources that need to be extracted in conjunction with the Ore Reserves, plus an additional 48.8 Mt of Inferred Mineral Resource scheduled at the end of the mine plan. The total Inferred Mineral Resource contributes 27.7% of the total amount of ROM material and is planned to be materially extracted from year 11 onwards. The metallurgical process proposed The final product will be MoP K60, comprising at least 95% KCl. The DFS design allows for the production of this MoP in two forms, and the appropriateness of that standard and granular. The optimised design simplified production to a single product - red granular K60 MOP. process to the style of A conventional flotation process will be utilized for potash concentration. This method is well established, and the most widely used Metallurgical factors or mineralization. method in the potash industry. assumptions Whether the metallurgical process is The DFS Metallurgical Test work Campaigns were based on representative core samples of the three seams, collected from the well-tested technology or novel exploration drill hole cores. They comprised US (114.5 kg), LS (102.0 kg) and HWS (10.3 kg). All test work was carried out at in nature. the Saskatchewan Research Council (SRC) laboratory in Saskatoon, Canada. No further testing was completed during Page 40 of 71 Criteria JORC Code explanation Commentary The nature, amount and optimisation. representativeness of The process flow sheets were optimised to meet the Kola Potash Project targets of producing 2.2 Mtpa of Muriate of Potash (MoP), metallurgical test work at 95.5% KCl purity, with a minimum KCl recovery of 90.4 % undertaken, the nature of the Two metallurgical test work campaigns were conducted during the DFS in 2017 and 2018. The main philosophy of the first DFS test metallurgical domaining applied work campaign was to prepare representative test feedstocks for each seam, confirm KCl liberation, characterize the feedstock, and the corresponding perform flotation tests, optimize the operating conditions, optimize reagent consumption for optimum KCl recovery and grade metallurgical recovery factors performance, perform a sensitivity test on flotation. applied. The objective of the second test work campaign was to optimize the flotation process and improve the plant recovery from the initial Any assumptions or allowances flow sheet. The results of this second test works processed in SYSCAD™ model demonstrated that the new flotation process made for deleterious elements. performed above the project performance minimum target. The existence of any bulk sample or With a raw ore feed grade of 31.3% KCl, the material balance confirmed that the project objectives can be met with a production of pilot scale test work and the 2.2 Mtpa with an expected product recovery of 90.4%, and a final product grade of 95.5% KCl. degree to which such samples are considered representative of Magnesium and insoluble material are considered deleterious. The extremely low content of these materials in the ore mean that the orebody as a whole. their removal is relatively straightforward. Insoluble material is removed by attrition scrubbing and magnesium removed by brine purge. For minerals that are defined by a specification, has the Ore The metallurgical test work campaigns provided a sound foundation for the development of the process design engineering and Reserve estimation been based subsequent project performance, overall engineering studies and the cost estimate. on the appropriate mineralogy to meet the specifications? The status of studies of potential Exploration and data acquisition and activities were undertaken under the auspices of an approved Environmental Impact environmental impacts of the Assessment (EIA) and Environmental Management Plan (EMP) set out to international best practice and approved by the RoC mining and processing regulator. operation. Details of waste rock The Environmental and Social Impact Assessment (ESIA) for the operation of the mining project was initially prepared by the characterisation and the consulting company SRK in Cardiff and approved by the RoC regulator in 2013. consideration of potential sites, An amendment was prepared by SRK in parallel with the DFS to capture changes to the project description and was submitted to status of design options Environmental considered and, where the ROC regulator in Q4 2018 and approved on 31 March 2020 for 25 years. applicable, the status of The proposed new position of the process plant resulting from the optimisation study creates a requirement to further amend the approvals for process residue ESIA. It is planned to commence this amendment once financing for the development of Kola is secured. storage and waste dumps An Environmental and Social Action Plan (ESAP) captured the differences between the national process required by the Congolese should be reported. authorities and International Best Practice to Equator Principles and IFC Performance Standards. The ESIA addresses all impacts of the operation, from mine-site to exportation, as listed in the infrastructure section below. The mine-site and a portion of the infrastructure corridor are located within the economic development and buffer zones of the Page 41 of 71 Criteria JORC Code explanation Commentary Conkouati-Douli National Park (CDNP). Project activity in this area was minimized and influx is led away from the park through the siting of employee facilities outside the CDNP. Waste rock is very minimal, being only the amp;lt;0.2% of insoluble material or just under 1Mt over the LoM. The bulk of the waste is dissolved halite in the form on an NaCl brine. All waste streams will be diluted with seawater to a concentration of 200mg/l and discharged via a diffuser into the ocean. This material has been characterised and ecotoxicological testing has been undertaken to confirm that no adverse impacts are caused at the edge of the mixing zone. The overall conclusion of the ESIA is that negative environmental impacts identified can be reduced to acceptable levels. A rehabilitation and closure plan has been prepared and included in owner's costs of the project. Biodiversity, air quality, social, archeological, water and noise baseline studies have been prepared and incorporated into the ESIA process. The existence of appropriate The project infrastructure is comprised of the mine-site (shaft and offices), the process plant is 24km from the mine site and the infrastructure: availability of land marine and product storage facility a further 11km from the plant site, on the coast (at Tchiboula), the 34 km infrastructure for plant development, power, corridor between these (including the overland conveyor, service road and power line), the gas line from M'boundi gas field, water, transportation overhead line from the MKII substation, the accommodation and administrative camp and the transshipment facilities. (particularly for bulk Exclusive land acquisition rights through the Déclaration d'Utilité Publique ("DUP") process will be applied for based on the new plant commodities), labour, position. accommodation; or the ease Road access to the Kola Potash Project sites will be via the existing Route Nationale 5 (RN5). Two external access roads will be with which the infrastructure can built, which are connected from RN5 to the mining site and from RN5 to the mineral processing site and living quarter, with a be provided or accessed. length of 2.0km and 4.3km respectively. Two maintenance roads for long-distance belt conveyors will be built. One of the roads for RoM belt conveyor maintenance is about 25 km, connecting Koutou camp and the mineral processing site. The other 9 km road is for MOP belt conveyor maintenance, Infrastructure Electrical Power will be sourced from the ROC national grid. A 57 km long 220 kV transmission line will be built from the Mango Kamba II substation north of Pointe Noire to the Process Plant Site. A second 34 km long 220 kV transmission line will be built from the Process Plant Site to the Mine Site from process plant to marine facility. The Natural Gas needed for product drying will be supplied by a 73 km long pipeline from the M'Boundi gas treatment plant. Raw Water for process plant will be supplied from 5 wells and at the mine site via 2 wells. Ongoing operational labour will be a combination of permanent employees, permanent contract services, and part-time contract services for intermittent needs. The total requirement for permanent employees is expected to be 731. Local labour resources will be used for most labour requirements, while some selected positions are planned as expat roles. The Accommodation Camp has been sized for a capacity of 850 beds and will be located 4km Southwest of the process plant. The Kola Potash Project intends to export up to 2.2 Mt MoP to world markets each year. A transshipment solution has therefore been developed, whereby the material for export is loaded at a dedicated Jetty onto self-propelled shuttle Barges (two units), Page 42 of 71 Criteria JORC Code explanation Commentary which will then travel to Ocean Going Vessels (OGVs) anchored 11 nautical miles (20 km) offshore in a dedicated transshipment area. The cargo will be transferred from the Barges to the OGVs using a Floating Crane Transhipper Unit (FCTU). The derivation of, or assumptions Capital Cost: made, regarding projected Capital Cost Estimate has been developed by SEPCO for each scope area, expressed in United States dollars (USD) and based on capital costs in the study. December 2021 prices. The methodology used to estimate Rates for construction and installation are based on those of similar projects executed in recent years in the local area. operating costs. The rates of mine works are in reference to the Chinese Budget Quota of Non-ferrous Metal Construction Projects (2019 Edition). Allowances made for the content of The rates for indirect costs are based on Chinese Government-Stipulated Social Average Prices for the Calculation of Indirect Costs deleterious elements. in the Non-Ferrous Metals Industry (2019 Edition). The derivation of assumptions made The prices of large special equipment have been sourced mainly from tender prices. The prices of a portion of the large equipment of metal or commodity price(s), comes from Chinese suppliers, and those of other equipment such as the regrind mill are from corresponding non-Chinese for the principal minerals and co- suppliers. The prices of medium and small-sized mechanical and electrical equipment are adjusted according to the 2021 products. Chinese Price Inquiry System of Mechanical and Electrical Products. The source of exchange rates used in The prices of non-standard equipment are adjusted in reference to the Chinese Method for Determining Non-Standard Equipment the study. Prices issued in 2019, as well as recent order prices and delivery prices of the same kind of equipment. Derivation of transportation charges. Escalation of 3.3% (up to project completion) has been considered, and a total Contingency of 5.0% has been added. The basis for forecasting or source of Three capital periods have been defined: Initial (Construction and up to first barge loading, Month +40); Deferred (up to ramp-up Costs treatment and refining charges, completion, Month +65); Sustaining (after Month +65) penalties for failure to meet specification, etc. The allowances made for royalties Operating Cost: payable, both Government and Operating costs were estimated by SEPCO after their review of the DFS estimate which was based on first principles using quoted private. rates, estimated consumption, forecast labour complements and remuneration estimates. Operating Cost covering the Life of Mine (31 years) has been estimated in Q12022 USD. They include costs for Electric power, Fuel, Gas, Labour, Maintenance parts, Operating Consumables, General and Administration costs and Contract for Employee Facilities. Mine Closure cost estimated in accordance with the Conceptual Rehabilitation and Closure Plan developed by SRK Consulting. Mine Closure duration of 24 months (2 years), for the effective dismantling, demolition and rehabilitation works.. Quantities of equipment, materials and works directly assessed from the Material Take-off prepared within the framework of the DFS for the Kola Potash Project. Unit rates for dismantling, demolition and rehabilitation works directly based on the Construction Unit rates applied for the CAPEX estimate of the Kola Potash Project and adjusted by using ratios to assess the lower consuming time and means for dismantling, removing and demolition works. Page 43 of 71 Criteria JORC Code explanation Commentary State mineral royalties of 3% of Gross Revenue applies Other criteria The marketed MoP will comprise at least 95% KCl, with a maximum of 0.2% Mg and 0.3% Insolubles. The derivation of, or assumptions Head grade, recovery and product grade forecasts were based on the DFS results. made regarding revenue factors Product pricing - Average MoP price of US$360/t MoP CFR Brazil (real 2022) for granular product has been assumed which is including head grade, metal or considered to be highly conservative compared to prevailing prices of $1100/ t MoP CFR Brazil for 2021 commodity price(s) exchange rates, transportation and Revenue factors treatment charges, penalties, net smelter returns, etc. The derivation of assumptions made of metal or commodity price(s), for the principal metals, minerals and co-products. The demand, supply and stock Based on CRU estimates, global potash demand is forecast to grow from 74.9Mt in 2022 to exceed 100Mt by 2040 and global situation for the particular nameplate potash capacity to increase from 107.5Mt by the end of 2022, reaching 120Mt by 2040. commodity, consumption trends The Company's current market strategy considers selling to South America and Africa. and factors likely to affect supply MoP price of US$360/t is the average future potash price CFR Brazil forecast over the project life. and demand into the future. The Quarter 1 average for 2022 CFR Brazil price was US$876 /t MOP A customer and competitor analysis along with the identification of Customer specifications are based on K60 product, which means the MoP product has a minimum K2O content of 60%, Market likely market windows for the corresponding to a KCl content of 95.0 %. Product will be sampled regularly on site and tested in a site-based laboratory to assessment product. ensure product grade is consistently met. Product that does not satisfy grade will be removed from the product stream and reprocessed. Price and volume forecasts and the basis for these forecasts. For industrial minerals the customer specification, testing and acceptance requirements prior to a supply contract. The inputs to the economic analysis to produce the net present value Key valuation assumptions and (sources) Economic (NPV) in the study, the source Production - LoM of 31 years at nominal 2.2 Mtpa MoP production. and confidence of these Page 44 of 71 Criteria JORC Code explanation Commentary economic inputs including Single MoP product type - red MOPG (Muriate of Potash - Granular) estimated inflation, discount Average LoM CFR price of US$ 360/MoP t rate, etc. On-mine LoM average operating cost US$ 63.6/MoP t, Real NPV ranges and sensitivity to LoM Shipping (transshipment and sea freight) of US$ 19.5/MoP t variations in the significant assumptions and inputs. Project capital period 40 months, deferred capital period 24 months Total Nominal: Project Capital US$ 1.83 Bn (including Owners Capital) Owners Capital US$ 118 million Deferred Capital US$ 62 million Sustaining Capital US$ 11.20/MoP t, Real Fiscal parameters: Company tax rate (15%), tax holidays (5 years at 0% + 5 years at 7.5%) (Mining Convention) Royalties 3% (Mining Convention) Government free carry (10%) (Mining Convention) Other minor duties and taxes (Mining Convention) Working capital: 30 days Debtors and Creditors, 60 days Stores (Kore) Payback period: 7.7 years from start of construction Highest sensitivities to Price and Capital. A 1% movement in Price has an approximate US$ 44 M movement in NPV10, and a 1% movement in Project Capital has an approximate US$ 15 M impact on NPV10. The status of agreements with key Approval of an ESIA is a prerequisite for beginning construction of a mining project in the Republic of Congo. The Kola ESIA, initially stakeholders and matters approved on 10 October 2013, was amended to reflect the design changes made to the Kola Project as part of the Definitive leading to social license to Feasibility Study ("DFS") and has been amended to include the service corridors for a gas pipeline and overhead power line. operate. The amended ESIA for the Kola Mining License was approved on 31 March 2020 for 25 years. The proposed new position of the process plant resulting from the optimisation study creates a requirement to further amend the ESIA. It is intended that work on this amendment will commence following receipt and acceptance of the EPC and Financing proposals. Social The Compliance Certificate is renewed annually until construction of a mine on the license is completed. The Company shall carry out their construction operations in compliance with the environmental and social management plan as part of the approved ESIA and will be subject to Regulator's environmental management compliance audits. Upon construction completion, the Kola project will be subject to the Minister of Tourism and Environment's final approval of the construction activities environmental and social management compliance allowing the Company to effectively commission and start the mining and processing operations for the export of 2Mtpa from the Kola Mining license. The Kola Mining License is held within subsidiary which will be owned 10% by the ROC government. Page 45 of 71 Criteria JORC Code explanation Commentary Socio-economic, cultural heritage, archeological and livelihood baseline reports have been prepared and approved as part of the ESIA baseline process. Sintoukola Potash has implemented a Stakeholder Engagement Process and is actively engaging with a wide range of project stakeholders, including conservation NGO's, adjacent National Parks, the regulator and communities. Three separate land take corridors have been identified, the Service Corridor, includes Mine Site, Conveyor Belt and Process Plant, the HV line and the Gas Pipeline: A new application for each corridor for a declaration d'utilite publique (DUP) will be required from the Ministry of Land Affairs Consulting Company RSK undertook a Resettlement Action Plan (RAP) for the Service Corridor A Resettlement Policy Framework (RPF) was undertaken for the HV and Gas Corridors by RSK Physical displacement is minimal with most actions requiring livelihood restoration Resettlement Costs have been included in owner's costs and time in the implementation schedule There are believed to be no social related issues that do not have a reasonable likelihood of being resolved. To the extent relevant, the impact of Kola is currently compliant with all legal and regulatory requirements subject to final approval of the Kola Environmental and Social the following on the project Impact Assessment Amendments (which was required following the project design changes implemented during the and / or on the estimation and optimisation study). classification of the Ore A mining convention entered into between the RoC government and the Companies on 8 June 2017 and gazetted into law on 29 Reserves: November 2018 concludes the framework envisaged in the 25-year renewable Kola Mining License granted in August 2013. Any identified material naturally The Mining Convention provides certainty and enforceability of the key fiscal arrangements for the development and operation occurring risks. of Kola Mining Licenses, which amongst other items include import duty and VAT exemptions and agreed tax rates during mine The status of material legal operations. The Mining Convention provides strengthened legal protection of the Company's investments in the Republic of agreements and marketing Congo through the settlement of disputes by international arbitration. arrangements. To the best of the Competent Person's knowledge, there is no reason to assume any government permits and licenses or statutory Other The status of governmental approvals will not be granted. There are no unresolved matters upon which extraction is contingent. agreements and approvals critical to the viability of the project, such as mineral tenement status, and government and statutory approvals. There must be reasonable grounds to expect that all necessary Government approvals will be received within Page 46 of 71 Criteria JORC Code explanation Commentary the timeframes anticipated in the Pre-Feasibility or Feasibility study. Highlight and discuss the materiality of any unresolved matter that is dependent on a third party on which extraction of the reserve is contingent. The basis for the classification of the Measured Mineral Resources were used for the estimation of the Proved Ore Reserves. Indicated Mineral Resources were used for Ore Reserves into varying the estimation of Probable Ore Reserves. confidence categories. The conversion of Measured and Indicated Mineral Resource to Proved and Probable Ore Reserve reflects the Competent Person's Whether the result appropriately view of the deposit. reflects the Competent Person's 40.6% of the Ore Reserves are classified in the Proved category and 59.4% of the Ore Reserves are classified in the Probable Classification view of the deposit. category The proportion of Probable Ore Reserves that have been derived from Measured Mineral Resources (if any). The results of any audits or reviews of DFS deliverables were continually reviewed by an Owner's Team consisting of an inter-discipline engineering team, specialists in Audits or reviews Ore Reserve estimates. ESIA and economic modelling and construction experts. Where appropriate a statement of the In the Competent Person's view, the Kola DFS achieves the required level of confidence in the modifying factors to justify the relative accuracy and estimation of an Ore Reserve. All relevant modifying factors were considered in the Ore Reserve Estimation and deemed to be confidence level in the Ore modelled at a level of accuracy appropriate to the classification, that a global change of greater than 10% considered unlikely Reserve estimate using an The DFS determined a mine plan and production schedule that is technically achievable and economically viable. approach or procedure deemed The capital and operating costs are based on the outcome of the optimisation study. An EPC proposal is due in August 2022 from appropriate by the Competent Discussion of SEPCO and the Summit Consortium. Person. For example, the relative accuracy/ application of statistical or Factors that could affect the Ore Reserves locally include; localised changes in salt-back thickness, greater dip of the seam in some confidence areas, local changes in the thickness of the rock-salt support layer between the seams, areas of unexpected carnallite in floor. geostatistical procedures to quantify the relative accuracy of The Mineral Resource model attempted to model these features to a high level of detail and are ‘passed-on' into the Ore the reserve within stated Reserve and mine plan. The Ore Reserve is also partially reliant on the model for the thickness of the overlying Anhydrite confidence limits, or, if such an Member which was not part of the Mineral Resource. approach is not deemed While local variation from the mine plan in the above are expected, is considered unlikely that these would lead to significant negative appropriate, a qualitative change in the Ore Reserves, and that positive changes are equally likely. Page 47 of 71 Criteria JORC Code explanation Commentary discussion of the factors which For the optimisation study, data from a potash mining operation was used to guide and check the design, productivity assumptions, could affect the relative cost estimates and budgets. The input data and design are likely to be realistic and achievable in the Competent Persons view. accuracy and confidence of the estimate. The statement should specify whether it relates to global or local estimates, and, if local, state the relevant tonnages, which should be relevant to technical and economic evaluation. Documentation should include assumptions made and the procedures used. Accuracy and confidence discussions should extend to specific discussions of any applied modifying factors that may have a material impact on Ore Reserve viability, or for which there are remaining areas of uncertainty at the current study stage. It is recognized that this may not be possible or appropriate in all circumstances. These statements of relative accuracy and confidence of the estimate should be compared with production data, where available. Page 48 of 71 APPENDIX D Appendix D: JORC 2012 - Table 1, Sections 1 to 3[1] [1] Refer to ASX announcement dated 6 July 2017 Page 49 of 71 Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections.) Criteria JORC Code explanation Commentary 1.1 Sampling techniques • Nature and quality of sampling (e.g. cut channels, random chips, Sampling was carried out according to a strict quality control protocol beginning at the drill rig. or specific specialised industry standard measurement tools Holes were drilled to PQ size (85 mm core diameter) core, with a small number of holes drilled appropriate to the minerals under investigation, such as down HQ size (63.5 mm core diameter). Sample intervals were between 0.1 and 2.0 metres and hole gamma sondes, or handheld XRF instruments, etc). These sampled to lithological boundaries. All were sampled as half-core except very recent holes examples should not be taken as limiting the broad meaning of (EK_49 to EK_51) which were sampled as quarter core. Core was cut using an Almonte© core sampling. cutter without water and blade and core holder cleaned down between samples. Sampling and • Include reference to measures taken to ensure sample preparation were carried out by trained geological and technical employees. Samples were representivity and the appropriate calibration of any individually bagged and sealed. measurement tools or systems used. • Aspects of the determination of mineralisation that are Material A small number of historic holes were used in the Mineral Resource model; K6, K18, K19, K20, to the Public Report. K21. K6 and K18 were the original holes twinned by the Company in 2010. The grade data for • In cases where ‘industry standard' work has been done this these holes was not used for the Mineral Resource estimate but they were used to guide the would be relatively simple (eg ‘reverse circulation drilling was seam model. The 2010 twin hole drilling exercise validated the reliability of the geological data used to obtain 1 m samples from which 3 kg was pulverised to for these holes (section 1.7). produce a 30 g charge for fire assay'). In other cases more explanation may be required, such as where there is coarse KCl data for EK_49 to EK_51 was based on the conversion on calibrated API data from downhole gold that has inherent sampling problems. Unusual commodities geophysical logging, as is discussed in Section 6. Subsequent laboratory assay results for EK_49 or mineralisation types (eg submarine nodules) may warrant and EK_51 support the API derived grades. disclosure of detailed information. 1.2 Drilling techniques • Drill type (eg core, reverse circulation, open-hole hammer, rotary Holes were drilled by 12 and 8 inch diameter rotary Percussion through the 'cover sequence', air blast, auger, Bangka, sonic, etc) and details (eg core stopping in the Anhydrite Member and cased and grouted to this depth. Holes were then diameter, triple or standard tube, depth of diamond tails, face- advanced using diamond coring with the use of tri-salt (K, Na, Mg) mud to ensure excellent sampling bit or other type, whether core is oriented and if so, by recovery. Coring was PQ (85 mm core diameter) as standard and HQ (64.5 mm core diameter) what method, etc). in a small number of the holes. 1.3 Drill sample recovery • Method of recording and assessing core and chip sample Core recovery was recorded for all cored sections of the holes by recording the drilling advance recoveries and results assessed. against the length of core recovered. Recovery is between 95 and 100% for the evaporite and • Measures taken to maximise sample recovery and ensure all potash intervals, except in EK_50 for the Carnallitite interval in that hole (as grade was representative nature of the samples. determined using API data for that hole this is of no consequence). The use of tri-salt (Mg, Na, Page 50 of 71 Criteria JORC Code explanation Commentary • Whether a relationship exists between sample recovery and and K) chloride brine to maximize recovery was standard. A fulltime mud engineer was recruited grade and whether sample bias may have occurred due to to maintain drilling mud chemistry and physical properties. Core is wrapped in cellophane sheet preferential loss/gain of fine/coarse material. soon after it is removed from the core barrel, to avoid dissolution in the atmosphere, and is then transported at the end of each shift to a de-humidified core storage room where it is stored permanently. 1.4 Logging • Whether core and chip samples have been geologically and The entire length of each hole was logged from rotary chips in the ‘cover sequence' and core in geotechnically logged to a level of detail to support appropriate the evaporite. Logging is qualitative and supported by quantitative downhole geophysical data Mineral Resource estimation, mining studies and metallurgical including gamma, acoustic televiewer images, density and calliper data which correlates well studies. with the geological logging. Due to the conformable nature of the evaporite stratigraphy and the • Whether logging is qualitative or quantitative in nature. Core (or observed good continuity and abrupt contacts, recognition of the potash seams is straightforward costean, channel, etc) photography. and made with a high degree of confidence. Core was photographed to provide an additional • The total length and percentage of the relevant intersections reference for checking contacts at a later date. logged. 1.5 Sub-sampling • If core, whether cut or sawn and whether quarter, half or all core Excluding QA-QC samples 2368 samples were analysed at two labs in 44 batches, each batch techniques and sample taken. comprising between 20 and 250 samples. Samples were submitted in 46 batches and are from preparation • If non-core, whether riffled, tube sampled, rotary split, etc and 41 of the 47 holes drilled at Kola. The other 6 drill-holes (EK03, EK_21, EK_25, EK_30, EK_34, whether sampled wet or dry. EK_37) were either stopped short of the evaporite rocks or did not intersect potash layers. • For all sample types, the nature, quality and appropriateness of Sample numbers were in sequence, starting with KO-DH-0001 to KO-DH-2650 (EK_01 to the sample preparation technique. EK_44) then KO-DH-2741 to KO-DH-2845 (EK_46 and EK_47). • Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples. The initial 298 samples (EK_01 to EK_05) were analysed at K-UTEC in Sondershausen, • Measures taken to ensure that the sampling is representative of Germany and thereon samples were sent to Intertek-Genalysis in Perth. Samples were crushed the in-situ material collected, including for instance results for to nominal 2 mm then riffle split to derive a 100 g sample for analysis. K, Na, Ca, Mg, Li and S field duplicate/second-half sampling. were determined by ICP-OES. Cl is determined volumetrically. Insolubles (INSOL) were • Whether sample sizes are appropriate to the grain size of the determined by filtration of the residual solution and slurry on 0.45 micron membrane filter, material being sampled. washing to remove residual salts, drying and weighing. Loss on drying by Gravimetric Determination (LOD/GR) was also competed as a check on the mass balance. Density was measured (along with other methods described in section 3.11) using a gas displacement Pycnometer. 1.6 Quality of assay data • The nature, quality and appropriateness of the assaying and For drill-holes EK_01 to EK_47, a total of 412 QAQC samples were inserted into the batches and laboratory tests laboratory procedures used and whether the technique is comprising 115 field duplicate samples, 84 blank samples and 213 certified reference material considered partial or total. (CRM) samples. Duplicate samples are the other half of the core for the exact same interval as • For geophysical tools, spectrometers, handheld XRF the original sample, after it is cut into two. CRMs were obtained from the Bureau of Reference instruments, etc, the parameters used in determining the (BCR), the reference material programme of the European Commission. Either river sand or later analysis including instrument make and model, reading times, barren Rock-salt was used for blank samples. These QA-QC samples make up 17% of the total calibrations factors applied and their derivation, etc. Page 51 of 71 Criteria JORC Code explanation Commentary • Nature of quality control procedures adopted (eg standards, number of samples submitted which is in line with industry norms. Sample chain of custody was blanks, duplicates, external laboratory checks) and whether secure from point of sampling to point of reporting. acceptable levels of accuracy (i.e. lack of bias) and precision have been established. In addition two batches of ‘umpire' analyses were submitted to a second lab. The first batch comprised 17 samples initially analysed at K-UTEC sent to Intertek-Genalysis for umpire. The second umpire batch comprised 23 samples from Intertek-Genalysis sent to SRC laboratory in Saskatoon for umpire. They demonstrate excellent validation of the primary laboratory analyses. Potash intersections for EK_49 to EK_51 were partially sampled for geotechnical test work and so were not available in full for chemical analysis. Gamma ray CPS data was converted to API units which were then converted to KCl % by the application of a conversion factor known, or K- factor. The geophysical logging was carried out by independent downhole geophysical logging company Wireline Workshop (WW) of South Africa, and data was processed by WW. Data collection, data processing and quality control and assurance followed a stringent operating procedure. API calibration of the tool was carried out at a test-well at WW's base in South Africa to convert raw gamma ray CPS to API using a coefficient for sonde NGRS6569 of 2.799 given a standard condition of a diameter 150mm bore in fresh water (1.00gm/cc mud weight). To provide a Kola-specific field based K-factor, log data were converted via a K-factor derived from a comparison with laboratory data for drill-holes EK_13, EK_14 and EK_24. In converting from API to KCl (%), a linear relationship is assumed (no dead time effects are present at the count rates being considered). To remove all depth and log resolution variables, an ‘area-under- the-curve' method was used to derive the K factor. This overcomes the effect of narrow beds not being fully resolved as well as the shoulder effect at bed boundaries. For this, laboratory data was converted to a wireline log and all values between ore zones were assigned zero. A block was created that covered all data and both wireline gamma ray log (GAMC) and laboratory data log were summed in terms of area under the curves. From this like-for -like comparison a K factor of 0.074 was calculated. In support if this factor, it compares well with the theoretical K- factor derived using Schlumberger API to KCl conversion charts which would be 0.0767 for this tool in hole of PQ diameter (125 mm from calliper data. As a check on instrument stability over time, EK_24 is logged frequently. No drift in the gamma-ray data is observed. As confirmation of the accuracy of the API-derived KCl grades for EK_49 to EK_51, samples for the intervals that were not taken for geotechnical sampling, were sent to Intertek-Genalysis for analysis. The results are within 5% of the API-derived KCl and thickness, and so the latter was used unreservedly for the Mineral Resource estimation. 1.7 Verification of • The verification of significant intersections by either independent 40 samples of a variety of grades and drill-holes were sent for umpire analysis and as described sampling and assaying or alternative company personnel. these support the validity of the original analysis. Other validation comes from the routine • The use of twinned holes. geophysical logging of the holes. Gamma data provides a very useful check on the geology and Page 52 of 71 Criteria JORC Code explanation Commentary • Documentation of primary data, data entry procedures, data grade of the potash and for all holes a visual comparison is made in log form. API data for a verification, data storage (physical and electronic) protocols. selection of holes (EK_05, EK_13, EK_14, EK_24) were formally converted to KCl grades. In all • Discuss any adjustment to assay data. cases the API derived KCl supports the reported intersections. As mentioned above; K6, K18, K19, K20, K21 were used in the geological modelling but not for the grade estimate. K6 and K18 were twinned in 2010 and the comparison of the geological data is excellent, providing validation that the geological information for the aforementioned holes could be used with a high degree of confidence. 1.8 Location of data • Accuracy and quality of surveys used to locate drill holes (collar A total of 50 Resource related drill-holes have been drilled by the Company: EK_01 to EK_52. points and down-hole surveys), trenches, mine workings and other EK_37 and EK_48 were geotechnical holes. Of the 50 Resource holes, 4 stopped short above locations used in Mineral Resource estimation. the Salt Member due to drilling difficulties. Of the 46 Resource holes drilled into the Salt Member, • Specification of the grid system used. all except 4 contained a significant Sylvinite intersection. • Quality and adequacy of topographic control. The collars of all drill-holes up to EK_47 including historic holes were surveyed by a professional land surveyor using a DGPS. EK_48 to EK_52 were positioned with a handheld GPS initially (with elevation from the LIDAR data) and later with a DGPS. All data is in UTM zone 32 S using WGS 84 datum. Topography for the bulk of the Mineral Resource area is provided by high resolution airborne LIDAR (Light Detection and Ranging) data collected in 2010, giving accuracy of the topography to amp;lt;200 mm. Beyond this SRTM 90 satellite topographic data was used. Though of relatively low resolution, it is sufficient as the deposit is an underground mining project. 1.9 Data spacing and • Data spacing for reporting of Exploration Results. In most cases drill-holes are 1-2 km apart. A small number of holes are much closer such as distribution • Whether the data spacing and distribution is sufficient to EK_01 and K18, EK_04 and K6, EK_14 and EK_24 which are between 50 and 200 m apart. establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve The drill-hole data is well supported by 186 km of high frequency closely spaced seismic data estimation procedure(s) and classifications applied. acquired by the Company in 2010 and 2011 that was processed to a higher standard in 2016. • Whether sample compositing has been applied. This data provides much guidance of the geometry and indirectly the mineralogy of the potash seams between and away from the holes, as well as allowing the delineation of discontinuities affecting the potash seams. The combination of drill-hole data and the seismic data supports geological modelling with a level of confidence appropriate for the classification assigned to the Measured, Indicated and Inferred sections of the deposit. The seismic data is described in greater detail below. Two sources of seismic data were used to support the Mineral Resource model: 1) Historical oil industry seismic data of various vintage and acquired by several companies, between 1989 and 2006. The data is of low frequency and as final SEG-Y Page 53 of 71 Criteria JORC Code explanation Commentary files as PreStack Time Migrated (PreSTM) form. Data was converted to depth by applying a velocity to best tie the top-of-salt reflector with drill-hole data. The data allows the modelling of the top of the Salt Member (base of the Anhydrite Member) and some guidance of the geometry of the layers within the Salt Member. 2) The Company acquired 55 lines totalling 185.5 km of data (excluding gaps on two lines) in 2010 and 2011. These surveys provide high frequency data specifically to provide quality images for the relatively shallow depths required (surface to approximately 800 m). Data was acquired on strike (tie lines) and dip lines. Within the Measured Mineral Resource area lines are between 100 and 200 m apart. Data was re-processed in 2016, for the 2017 Mineral Resource update, by DMT Petrologic GmbH (DMT) of Germany. DMT worked up the raw field data to post stack migration (PoSTM) and PreSTM format. By an iterative process of time interpretation of known reflectors (with reference to synthetic seismograms) the data was converted to PreStack depth migrated (PSDM) form. Finally, minor adjustments were made to tie the data exactly with the drill-hole data. The Competent Person reviewed the seismic data and processing and visited DMT in Germany for meetings around the final delivery of the data to the Company. 1.10 Orientation of data in • Whether the orientation of sampling achieves unbiased All exploration drill-holes were drilled vertically and holes were surveyed to check for deviation. relation to geological sampling of possible structures and the extent to which this is In almost all cases tilt was less than 1 degree (from vertical). Dip of the potash seam intersections structure known, considering the deposit type. ranges from 0 to 45 degrees with most dipping 20 degrees or less. All intersections with a dip of • If the relationship between the drilling orientation and the greater than 15 degrees were corrected to obtain the true thickness, which was used for the orientation of key mineralised structures is considered to have creation of the Mineral Resource model. introduced a sampling bias, this should be assessed and reported if material. 1.11 Sample security • The measures taken to ensure sample security. At the rig, the core is under full time care of a Company geologist and end of each drilling shift, the core is transported by Kore Potash staff to a secure site where it is stored within a locked room. Sampling is carried out under the fulltime watch of Company staff; packed samples are transported directly from the site by Company staff to DHL couriers in Pointe Noire 3 hours away. From here DHL airfreight all samples to the laboratory. All core remaining at site is stored is wrapped in plastic film and sealed tube bags, and within an air-conditioned room (17-18 degrees C) to minimize deterioration. 1.12 Audits or reviews • The results of any audits or reviews of sampling techniques and The Competent Person has visited site to review core and to observe sampling procedures. As data. part of the Mineral Resource estimation, the drill-hole data was thoroughly checked for errors including comparison of data with the original laboratory certificates; no errors were found. Page 54 of 71 Section 2 Reporting of Exploration Results (Criteria listed in the preceding section also apply to this section.) Criteria JORC Code explanation Commentary 2.1 Mineral tenement and • Type, reference name/number, location and ownership including The Kola deposit is within the Kola Mining Lease which is held 100% under the local company land tenure status agreements or material issues with third parties such as joint Kola Mining SARL which is in turn held 100% by Sintoukola Potash SA RoC, of which Kore ventures, partnerships, overriding royalties, native title interests, Potash holds a 97% share. The lease was issued August 2013 and is valid for 25 years. There historical sites, wilderness or national park and environmental are no impediments on the security of tenure. settings. • The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area. 2.2 Exploration done by • Acknowledgment and appraisal of exploration by other parties. Potash exploration was carried out in the area in the1960's by Mines de Potasse d' Alsace S.A other parties in the 1960's. Holes K6, K18, K19, K20, K21 are in the general area. K6 and K18 are within the deposit itself and both intersected Sylvinite of the Upper and Lower Seam; it was the following up of these two holes by Kore Potash (then named Elemental Minerals) that led to the discovery of the deposit in 2012. Oil exploration in the area has taken place intermittently from the 1950's onwards by different workers including British Petroleum, Chevron, Morel et Prom and others. Seismic data collected by some of these companies was used to guide the evaporite depth and geometry within the Inferred Mineral Resource area. Some oil wells have been drilled in the wider area such as Kola- 1 and Nkoko-1. 2.3 Geology • Deposit type, geological setting and style of mineralisation. The potash seams are hosted by the 300-900 m thick Lower Cretaceous-aged (Aptian age) Loeme Evaporite formation These sedimentary evaporite rocks belong to the Congo (Coastal) Basin which extends from the Cabinda enclave of Angola to the south well into Gabon to the north, and from approximately 50 km inland to some 200-300 km offshore. The evaporites were deposited between 125 and 112 million years ago, within a post-rift ‘proto Atlantic' sub-sea level basin following the break-up of Gondwana forming the Africa and South America continents. The evaporite is covered by a thick sequence of carbonate rocks and clastic sediments of Cretaceous age to recent (Albian to Miocene), referred to as the ‘Cover Sequence', which is between 170 and 270 m thick over the Kola deposit. The lower portion of this Cover Sequence is comprised of dolomitic rocks of the Sendji Formation. At the top of the Loeme Formation, separating the Cover Sequence and the underlying Salt Member is a layer of anhydrite and clay typically between 5 and 15 m thick and referred to as the Anhydrite Member. At Kola, this layer rests un-conformably over the Salt-Member, as described in more detail below. Page 55 of 71 Criteria JORC Code explanation Commentary Within the Salt Member, ten sedimentary-evaporative cycles (I to X) are recognized with a vertical arrangement of mineralogy consistent with classical brine-evolution models; potash being close to the top of cycles. The Salt Member and potash layers formed by the seepage of brines into an extensive sub sea-level basin. Evaporation resulted in precipitation of evaporite minerals over a long period of time, principally halite (NaCl), carnallite (KMgCl3·6H2O) and bischofite (MgCl2·6H2O), which account for over 90% of the evaporite rocks. Sylvinite formed by the replacement of Carnallitite within certain areas. Small amounts of gypsum, anhydrite, dolomite and insoluble material (such as clay, quartz, organic material) is present, typically concentrated in relatively narrow layers at the base of the cycles (interlayered with Rock-salt), providing useful ‘marker' layers. The layers making up the Salt Member are conformable and parallel or sub- parallel and of relatively uniform thickness across the basin, unless affected by some form of discontinuity. There are upwards of 100 potash layers within the Salt Member ranging from 0.1 m to over 10 m in thickness. The Kola deposit is hosted by 4 seams within cycles 7, 8 and 9, from uppermost these are; Hangingwall Seam (HWS), Upper Seam (US), Lower Seam (LS), Footwall Seam (FWS). Seams are separated by Rock-salt. Individual potash seams are stratiform layers that can be followed across the basin are of Carnallitite except where replaced by Sylvinite, as is described below. The potash mineralogy is simple; no other potash rock types have been recognized and Carnallitite and Sylvinite are not inter-mixed. The seams are consistent in their purity; all intersections of Sylvinite are comprised of over 97.5% euhedral or subhedral halite and sylvite of medium to very coarse grainsize (0.5 mm to amp;gt;-5 mm). Between 1.0 and 2.5% is comprised of anhydrite (CaSO4) and a lesser amount of insoluble material. At Kola the potash layers are flat or gently dipping and at depths of between 190 and 340 m below surface. The contact between the Anhydrite Member and the underlying salt is an unconformity and due to the undulation of the layers within the Salt Member at Kola, the thickness of the salt member beneath this contact varies. This is the principal control on the extent and distribution of the seams at Kola and the reason why the uppermost seams such as the Hangingwall Seam are sometimes absent, and the lower seams such as the Upper and Lower Seam are preserved over most of the deposit. The most widely distributed Sylvinite seams at Kola are the US and LS, hosted within cycle 8 of the Salt Member. These seams have an average grade of 35.5 and 30.5 % KCl respectively and average 3.7 and 4.0 m thick. The Sylvinite is thinned in proximity to leached zones or where they ‘pinch out' against Carnallitite. They are separated by 2.5-4.5 m thick Rock-salt layer referred to as the interburden halite (IBH). Sylvinite Hangingwall Seam is extremely high grade (55-60% KCl) but is not as widely preserved as the Upper and Lower Seam being truncated by the Anhydrite Member over most of the deposit. Where it does occur, it is approximately 60 m above Page 56 of 71 Criteria JORC Code explanation Commentary the Upper Seam and is typically 2.5 to 4.0 m thick. The Top Seams are a collection of narrow high grade seams 10-15 m above the Hangingwall Seam but are not considered for extraction at Kola as they are absent (truncated by the Anhydrite Member) over almost all the deposit. The Footwall Seam occurs 45 to 50 m below the Lower Seam. The mode of occurrence is different to the other seams in that it is not a laterally extensive seam, but rather elongate lenses with a preferred orientation, formed not by the replacement of a seam, but by the ‘accumulation' of potassium at a particular stratigraphic position. It forms as lenses of Sylvinite up to 15 m thick and always beneath areas where the Upper and Lower seam have been leached. It is considered a product of re-precipitation of the leached potassium, into pre-existing Carnallitite-Bischofitite unit at the top of cycle 7. The insoluble content of the seams and the Rock-salt immediately above and below them is uniformly low (amp;lt;0.2%) except for the FWS which has an average insoluble content of 1%. Minor anhydrite is present throughout the Salt Member, as 0.5-3 mm thick laminations but comprise less than 2.5% of the rock mass of the potash layers. Reflecting the quiescence of the original depositional environment, the Sylvinite seams exhibit low variation in terms of grade, insoluble content, magnesium content; individual sub-layers and mm thick laminations within the seams can be followed across the deposit. The grade profile of the seams is consistent across the deposit except for the FWS; the US is slightly higher grade at its base, the LS slightly higher grade at its top. The HWS is 50 to 60% sylvite (KCl) throughout. The FWS, forming by introduction of potassium and more variable mode of formation has a higher degree of grade variation and thickness. The original sedimentary layer and ‘precursor' potash rock type is Carnallitite and is preserved in an unaltered state in many holes drill-holes, especially of LS and in holes that are lateral to the deposit. It is comprised of the minerals carnallite (KMgCl3·6H2O), halite (NaCl) (these two minerals comprise 97.5% of the rock) and minor anhydrite and insolubles (amp;lt;2.5%). The Carnallitite is replaced by Sylvinite by a process of ‘outsalting' whereby brine (rich in dissolved NaCl) resulted in the dissolution of carnallite, and the formation of new halite (in addition to that which may already be present) and leaving residual KCl precipitating as sylvite. This ‘outsalting' process produced a chloride brine rich in Mg and Na, which presumably continued filtering down and laterally through the Salt Member. The grade of the Sylvinite is proportional to the grade of the precursor Carnallitite. For example, in the case of the HWS when Carnallitite is 90 percent carnallite (and grades between 24 and 25 percent KCl), if all carnallite was replaced by sylvite the resulting Sylvinite would theoretically be 70.7 percent (by weight) sylvite. However, as described above the inflowing brine introduced new halite into the potash layer, reducing the grade so that the final grade of the Sylvinite of layer 3/IX is between 50 and 60 percent KCl (sylvite). Page 57 of 71 Criteria JORC Code explanation Commentary Importantly, the replacement of Carnallitite by Sylvinite advanced laterally and always in a top- down sense within the seam. This Sylvinite-Carnallitite transition (contact) is observed in core and is very abrupt. Above the contact the rock is completely replaced (Sylvinite with no carnallite) and below the contact the rock is un-replaced (Carnallitite with no sylvite). In many instances the full thickness of the seam is replaced by Sylvinite, in others the Sylvinite replacement advanced only part-way down through the seam. Carnallitite is reliably distinguished from Sylvinite based on any one of the following: • Visually: Carnallitite is orange, Sylvinite is orange-red or pinkish red in colour and less vibrant. • Gamma data: Carnallitite amp;lt; 350 API, Sylvinite amp;gt;350 API • Magnesium data: Sylvinite at Kola does not contain more than 0.1% Mg. Instances of up to 0.3% Mg within Sylvinite explained by 1-2 cm of Carnallitite included in the lowermost sample where underlain by Carnallitite. Carnallitite contains upwards to 5% Mg. • Acoustic televeiwer and calliper data clearly identify Carnallitite from Sylvinite. Based on the ‘stage' of replacement, 5 seam types are recognized. The replacement process was extremely effective, no mixture of Carnallitite and Sylvinite is observed, and within a seam, Carnallitite is not found above Sylvinite. It is thought that over geological time groundwater and/or water released by the dehydration of gypsum (during conversion to anhydrite in the Anhydrite Member) infiltrated the Salt Member under gravity, centred on areas of ‘relatively disturbed stratigraphy' referred to as RDS zones (not to be confused with subsidence anomalies, see section 3.5). In these areas the salt appears to be gently undulating over broad zones, or forms more discrete strike extensive gentle antiformal features. There appears to be a correlation of these areas with small amounts undulation of the overlying strata and the Salt Member and thickening of the Bischofitite at the top of Cycle 7 (some 45-50 m below the LS). The cause of the undulation appears to be related to immature salt-pillowing. The process of sylvinite formation appears to have been very gradual and non-destructive; where leached, the salt remains in-tact and layering is preserved. Brine or voids are not observed. Fractures within the Salt Member appear to be restricted to areas of localized subsidence, as observed in potash deposits mined elsewhere, and described in more detail in section 3.5. Within and lateral to the RDS zones, brine moved downward then laterally, preferentially along the thicker higher porosity Carnallitite layers, replacing the carnallite with sylvite (as described in Page 58 of 71 Criteria JORC Code explanation Commentary preceding text) 10s to 100's metres laterally and to a depth of 80-90 m below the Anhydrite Member. Beyond the zone affected by sylvite replacement, the potash is of unaltered primary Carnallitite. In the intermediate zone, the lower part of the layer may not be replaced supporting a lateral then ‘top-down' replacement of the seams. For the most part the US is ‘full' (fully replaced by Sylvinite), and the LS often is Carnallitite especially within synformal areas giving rise to pockets or troughs of Carnallitite. The HWS, being close to the anhydrite is only preserved in synformal areas where it is always Sylvinite (being close to the top of the Salt Member), or lateral to the main deposit where it is likely to be Carnallitite, relating to the broader control on the zone of Sylvinite formation discussed below. Some of the longer seismic lines show that the relative disturbance of the salt over much of Kola relates to the ‘elevation' of the stratigraphy due to the formation of a northwest-southeast orientated horst block, bound either side by half-graben. The horst block referred to as the ‘Kola High' and is approximately 8 km wide and at least 20 km in length. Lateral to this ‘high' Sylvinite is rarely found except immediately beneath (within 5-10 m of) the Anhydrite Member. 2.4 Drill hole Information • A summary of all information material to the understanding of All drill-hole collar information for holes relevant to the Mineral Resource estimate was provided the exploration results including a tabulation of the following in Table 5 of the announcement (dated 6 July 2017), including historic holes. Hydrological drill- information for all Material drill holes: holes are excluded as they were drilled to a shallow depth. All holes except one were drilled o easting and northing of the drill hole collar vertically and deflection from this angle was less than 3 degrees for almost all holes. Holes were o elevation or RL (Reduced Level - elevation above sea level surveyed with a gyroscope or magnetic deviation tool to obtain downhole survey data. in metres) of the drill hole collar o dip and azimuth of the hole o down hole length and interception depth o hole length. • If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case. 2.5 Data aggregation • In reporting Exploration Results, weighting averaging For the calculation of the grade over the full thickness of the seams, the standard ‘length- methods techniques, maximum and/or minimum grade truncations (eg weighted' compositing method was used to combine individual results within each seam cutting of high grades) and cut-off grades are usually Material intersection. and should be stated. • Where aggregate intercepts incorporate short lengths of high No selective cutting of high or low grade material was carried out as it is not justified given the grade results and longer lengths of low grade results, the massive nature of the potash mineralization and absence of the localised high/low grade areas. procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in Results for short lengths of high grade material included in the Mineral Resource Estimate are detail. justifiable based on their lateral continuity. They were included in the full seam grade by • The assumptions used for any reporting of metal equivalent standard ‘length-weighted' compositing. Page 59 of 71 Criteria JORC Code explanation Commentary values should be clearly stated. No metal equivalents were calculated. 2.6 Relationship between • These relationships are particularly important in the reporting of All mineralised intersections where the dip of the seam is 15 degrees or greater were corrected mineralisation widths and Exploration Results. to obtain true thickness which was used in the Mineral Resource Estimate. intercept lengths • If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported. • If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (eg ‘down hole length, true width not known'). 2.7 Diagrams • Appropriate maps and sections (with scales) and tabulations of The original announcement (dated 6 July 2017) included appropriate maps and sections. intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views. 2.8 Balanced reporting • Where comprehensive reporting of all Exploration Results is not Not relevant to the reporting of the Mineral Resource Estimate. practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results. 2.9 Other substantive • Other exploration data, if meaningful and material, should be All substantive data has been reported herein. exploration data reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples - size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances. 2.10 Further work • The nature and scale of planned further work (eg tests for lateral The exploration database should be updated with the most recent drilling data. No other further extensions or depth extensions or large-scale step-out drilling). work is necessary currently. If conversion of Indicated resources to Measured and Inferred to • Diagrams clearly highlighting the areas of possible extensions, Indicated Mineral Resource is deemed important, additional seismic data would need to be including the main geological interpretations and future drilling acquired. Furthermore, the deposit is open laterally, in places to the west and east (though in the areas, provided this information is not commercially sensitive. case of the latter is limited by the Mining Lease boundary) and probably to the greatest extent to the southeast, along the strike of the Kola High. Additional drilling and seismic data may allow the delineation of additional resources in these areas if results of the work are positive. Page 60 of 71 Section 3 Estimation and Reporting of Mineral Resources (Criteria listed in section 1, and where relevant in section 2, also apply to this section.) Criteria JORC Code explanation Commentary 3.1 Database integrity • Measures taken to ensure that data has not been corrupted by, Geological data is collected in hardcopy then captured digitally by data entry. All entries are for example, transcription or keying errors, between its initial thoroughly checked. During import into Micromine© software, an error file is generated identifying collection and its use for Mineral Resource estimation purposes. any overlapping intervals, gaps and other forms of error. The data is then compared visually in • Data validation procedures used. the form of strip logs against geophysical data. Laboratory data was imported into an Access database using an SQL driven software, to sort QA-QC samples and a check for errors is part of the import. Original laboratory result files are kept as a secure record. For the Mineral Resource model a ‘stratigraphic file' was generated, as synthesis of key geological units, based on geological, geophysical and assay data. The stratigraphic file was then used as a key input into the Mineral Resource model; every intersection and important contact was checked and re- checked, by visual comparison with the other data types in log format. Kore Potash is in the process of creating an updated database, to include the most recent geology and assay data. For the process of setting up a Mineral Resource database, Met-Chem division of DRA Americas Inc., a subsidiary of the DRA Group underwent a rigorous exercise of checking the database, including a comparison with the original laboratory certificates. Once an explanation of the files had had been provided, no errors were found with the assay or stratigraphic data, or with the other data types imported (collar, survey, geophysics). The database is considered as having a high degree of integrity. 3.2 Site visits • Comment on any site visits undertaken by the Competent The Competent Person visited the project from the 5-7 November 2016 to view drill-hole sites, Person and the outcome of those visits. the core shed and sample preparation area. Explanation of all procedures were provided by the • If no site visits have been undertaken indicate why this is the Company, and a procedural document for core logging, marking and sampling reviewed. Time case. was spent reviewing core and hard copy geological logs. All was found to meet or exceed the industry standards. 3.3 Geological • Confidence in (or conversely, the uncertainty of) the geological Recognition and correlation of potash and other important layers or contacts between holes is interpretation interpretation of the mineral deposit. straightforward and did not require assumptions to be made, due the continuity and unique • Nature of the data used and of any assumptions made. characteristics of each of the evaporite layers; each being distinct when thickness, grade and • The effect, if any, of alternative interpretations on Mineral grade distribution, and stratigraphic position relative to other layers is considered. Further Resource estimation. support is provided by the reliable identification of ‘marker' units within and at the base of the • The use of geology in guiding and controlling Mineral Resource evaporite cycles. Correlation is further aided by the downhole geophysical data clearly shows estimation. changes in mineralogy of the evaporite layers and is used to validate or adjust the core logged • The factors affecting continuity both of grade and geology. depths of the important contacts. The abrupt nature of the contacts, particularly between the Rock-salt, Sylvinite and Carnallitite contributes to above. Page 61 of 71 Criteria JORC Code explanation Commentary Between holes the seismic interpretation is the key control in the form and extent of the Sylvinite, in conjunction with the application of the geological model. The controls on the formation of the Sylvinite is well understood and the ‘binary' nature of the potash mineralization allows an interpretation with a degree of confidence that relates to the support data spacing, which in turn is reflected in the classification. In this regard geology was relied upon to guide and control the model, as described in detail section 3.5. Alternative interpretations were tested as part of the modelling process but generated results that do not honour the drill-hole data as well as the adopted model. The following features affect the continuity of the Sylvinite or Carnallitite seams, all of which are described further in Section 3.5. By using the seismic data and the drill-hole data, the Mineral Resource model captures the discontinuities with a level of confidence reflected in the classification. • where the seams are truncated by the anhydrite • where the Sylvinite pinches out becoming Carnallitite or vice versa • areas where the seams are leached within zones of subsidence Outside of these features, grade continuity is high reflecting the small range in variation of grade of each seam, within each domain. Further description of grade variation is provided in later in text. 3.4 Dimensions • The extent and variability of the Mineral Resource expressed as In its entirety, the deposit is 14 km in length (deposit scale strike) and 9 km in width. The length (along strike or otherwise), plan width, and depth below shallowest point of the upper most Sylvinite (of the HWS) is approximately 190 metres below surface to the upper and lower limits of the Mineral Resource. surface. The depth to the deepest Sylvinite (of the FWS) is approximately 340 metres below surface. The thickness of the seams was summarized in Table 3 of the original announcement (dated 6 July 2017). 3.5 Estimation and • The nature and appropriateness of the estimation technique(s) Table 8 and Table 9 of the original announcement (dated 6 July 2017) provide the Mineral modelling techniques applied and key assumptions, including treatment of extreme Resource for Sylvinite and Carnallitite at Kola. This Mineral Resource replaces that dated 21 grade values, domaining, interpolation parameters and August 2012, prepared by CSA Global Pty Ltd. This update incorporates reprocessed seismic maximum distance of extrapolation from data points. If a data and additional drilling data. Table 10 and Table 11 of the original announcement (dated 6 computer assisted estimation method was chosen include a July 2017) provide the Sylvinite and Carnallitite Mineral Resource from 2012. The updated description of computer software and parameters used. Measured and Indicated Mineral Resource categories are not materially different from the 2012 • The availability of check estimates, previous estimates and/or estimate and is of slightly higher grade. The Inferred category has reduced due to the reduction mine production records and whether the Mineral Resource in the FWSS tonnage, following the updated interpretation of it being present within relatively estimate takes appropriate account of such data. narrow lenses that are more constrained than in the previous interpretation. There is no current • The assumptions made regarding recovery of by-products. plan to consider the FWSS as a mining target and so the reduction in FWSS tonnage is of no • Estimation of deleterious elements or other non-grade variables consequence to the project's viability. of economic significance (eg sulphur for acid mine drainage characterisation). • In the case of block model interpolation, the block size in relation Page 62 of 71 Criteria JORC Code explanation Commentary to the average sample spacing and the search employed. As described in section 3.3, the spatial application of the geological model was central to the • Any assumptions behind modelling of selective mining units. creation of the Mineral Resource model. Geological controls were used in conjunction with the • Any assumptions about correlation between variables. seismic data interpretation. The process commenced with the interpretation of the depth • Description of how the geological interpretation was used to migrated drill-hole-tied seismic data in Micromine 2013 © involving the following. Table 7 of the control the resource estimates. original announcement (dated 6 July 2017) provides an explanation of abbreviations used in text. • Discussion of basis for using or not using grade cutting or capping. 1. Interpretation of the base of anhydrite surface or salt roof (SALT_R) which is typically • The process of validation, the checking process used, the a distinct seismic event. comparison of model data to drill hole data, and use of 2. Interpretation of base of salt, the ‘intra-salt marker' and ‘base cycle 8' (BoC8) markers. reconciliation data if available. Based on synthetic seismograms the latter is a negative event picking out the contrast between the top of the Cy78 and overlying Rock-salt. Using Leapfrog Geo 4.0 (Leapfrog) surfaces were created for the SALT_R and BoC8 . In doing so, an assessment of directional control on the surfaces was made; following the observation based on the sectional interpretation a WNW-ESE ‘strike' is evident. Experimental semi- variograms were calculated for the surface elevation values at 10° azimuth increments. All experimental semi-variograms were plotted; 100° and 10° produce good semi-variograms for the directions of most and least continuity respectively. This directional control was adopted for the modelling of surfaces, created in Leapfrog on a 20 by 20 m ‘mesh' using a 2:1 ellipsoid ratio (as indicated by the semi-variogram ranges). The following steps were then carried out: 1. The BoC8 surface was projected up to the position of the Upper Seam roof (US_R) by ‘gridding' the interval between these units from drill-hole data. On seismic lines, The US_R interpretation was then adjusted to fit reflectors at that position, considering interference features common in the data in the Salt Member close to the SALT_R 2. In all cases drill-hole intersections were honoured. In addition to USS and USC intersections, the small number of leached US intersections, all within subsidence zones) were used to guide the seam model. 3. The new US_R interpretation along seismic lines, was then ‘gridded' in Leapfrog, also into a mesh of 20 m by 20 m resolution making use of the 100° directional control and 2:1 anisotropy, to create a new US_R surface. The Mineral Resource model has two potash domains in order to represent the geology i.e. Sylvinite or Carnallitite. A third non-potash domain areas of leaching and/or subsidence as described in the following text. Using the reference horizons, the Sylvinite and Carnallitite seam model was developed as follows: Page 63 of 71 Criteria JORC Code explanation Commentary 1. The US_R surface was fixed as the reference horizon for the modelling of the US, LS and HWS. The US_R surface was imported into Datamine Studio 3 (Datamine), using the same 20 by 20 m cells as described above. 2. The US Sylvinite (USS) model was developed by analysing the position of the cell in relation to the SALT_R and to the RDS zones. The latter were interpreted from seismic data. As described in section 2.3 these attributes are the main geological controls. 3. To a lesser extent the dip of the seam and the relative elevation of each cell, relative to the cells within a 100 by 100 m area were also considered, to further identify Sylvinite with the understanding that areas of very low dip are more likely to be of Carnallitite. 4. Beyond the 2010/2011 seismic data (within the Indicated Mineral Resource area) the influence of the distance from RDS zones was reduced and the proximity to the SALT_R and the dip and relative elevation were assigned greater consideration. 5. Seam thickness of the USS was determined by gridding the drill-hole data of the full Sylvinite intersections (excluding those that have a Carnallitite basal layer or are leached) using Inverse distance squared (IDW2) and adjusting it to account for the influence of 2 and 3 above. The Sylvinite thickness was then subtracted from the elevation of the US_R to create the USS floor (USS_F), on the 20m by 20m mesh. 6. Only the true thickness of drill-hole intersections were used (i.e. corrections for any dip were made) for the above. As the seam model thickness developed in a vertical sense, areas of the model with a dip were corrected so that the true thickness was always honoured. 7. Even if the USS has zero thickness the surface for the USS_F was created, overlying exactly that of the US_R to facilitate the creation of DTMs for each surface. 8. The same method (effectively the inverse) was applied to create the US Carnallitite model (USC) below the USS. The roof of the USC (USC_R) is the same surface as the USS_F. 9. A number of iterations of the model were produced and assessed. The selected model was the one that produced a result that ties well with the drill-hole data and honours the proportional abundance of Sylvinite as intersected in the drill-holes. The Lower Seam model was created in a similar manner as follows: 1. The LS is separated by between 2 and 6 metres of barren Rock-salt, also referred to as the Interburden-halite or IBH. This layer is an important geotechnical consideration and so care was taken to model it. The IBH thickness from drill-hole data was ‘gridded' in Datamine using IDW2 into the 20 by 20 cells. This thickness was then subtracted from the elevation of the US_F to obtain the LS_R elevation from which a DTM was made. 2. Unlike the USS the LSS is often underlain by a layer of Carnallitite. For the LSS model the thickness of the LSS from drill-hole data was gridded using IDW2 into the 20 x 20 mesh without influence from distance to the SALT_R or RDS zones. However, based Page 64 of 71 Criteria JORC Code explanation Commentary on the geological understanding that LSS rarely occurs beneath USC the LSS model was cut accordingly, based on the USC model. Reflecting the model and based on analysis the following rule was also applied; that if the US is ‘full' then the LSS is also full but only if the LS_R is within 30 m of the SALT_R. Finally, if the US_R is truncated by the SALT_R, then the remaining LS is modelled as full LSS due to its proximity to the SALT_R. For the US and LS Inferred Resources, the distribution of Sylvinite and Carnallitite was by manual interpretation based on available drill-hole data and plots of the distance between the seam and the SALT_R. The thickness of the USS and LSS was determined by gridding all USS drill-hole data. The Carnallitite was then modelled as the Inverse of the Sylvinite model, in adherence to the geological model. The Hangingwall seam model was created as follows 1. The distance between the US_R and HWS_R in drill-hole intersection was gridded using IDW2 into the 20 by 20 m mesh. This data was then added to the elevation of the US_R to create a HWS_R. 2. Being close to the SALT_R (within 30 m in all cases) there is less variation in domain type; in all areas except for the zone labelled ‘A' on Figure 24 of the original announcement (dated 6 July 2017) the USS is full Sylvinite (not underlain by USC). For all HWS outside of zone A the model was created by gridding the thickness using IDW2 into the 20 x 20 mesh. 3. The HWS model was created without input from distance to the SALT_R or RDS zones for the reasons stated above, by gridding of the drill-hole intersections. 4. Within the area labelled ‘A' on Figure 24 of the original announcement (dated 6 July 2017), the HWSS is underlain by HWSC and so this was incorporated into the model. 5. Finally, the HWS was ‘pinched' upwards from 4 m below the SALT_R to reflect the geological observation that close to this surface the seam is leached. Modelling of the Footwall Seam (FWS) 1. A different approach was adopted for the modelling of the FWS as the mode of occurrence is different to the other seams as described in section 2.3. Only Sylvinite (FWSS) was modelled as Carnallitite FWS is poorly developed or absent, and low grade. 2. Drill-hole and seismic data was used to identify areas of leaching of the Salt Member based on subsidence of the overlying strata signs of marked disturbance of the salt, within which FWSS is typically developed. These were delineated in plan view. Page 65 of 71 Criteria JORC Code explanation Commentary Where possible drill-hole data was used to guide thickness of the FWS, in other areas the thickness was interpreted using the seismic data. The FWS was ‘constructed' from the top of the Cy7B upwards. As is standard practice in potash mining zones of subsidence which pose a potential risk to mining were identified using seismic and drill-hole data and classified from 1 to 3 depending on severity where 3 is highest. Several drill-holes within or adjacent to these features show that the Salt Member is intact but has experienced some disturbance and leaching. The HWS, US and LS Mineral Resource models were ‘cookie-cut' by these anomalies before calculation of the Mineral Resource estimate. The FWSS model was not cut as that Sylvinite is considered the product of potassium precipitation below the influence of the subsidence anomalies. Finally, all the potash seams were truncated (cut) by the SALT_R surface (base of the Anhydrite Member) as it is an unconformity. Traditional block modelling was employed for estimating %KCl, %Na, %Cl, %Mg, %S, %Ca and %Insols (insolubles). No assumptions were made regarding correlation between variables. The block model is orthogonal and rotated by 20 degrees reflecting the orientation of the deposit. The block size chosen was 250m x 250m x 1m to roughly reflect drill hole spacing, seam thickness and to adequately descretize the deposit without injecting error. Volumetric solids were created for the individual mineralized zones (i.e., Hangingwall Seam, Upper Seam, Lower Seam, Footwall Seam) for both Sylvinite and Carnallitite using drill hole data and re-processed depth migrated seismic data. The solids were adjusted by moving the nodes of the triangulated domain surfaces to exactly honour the drill hole intercepts. Numeric codes denoting the zones within the drill hole database were manually adjusted to ensure the accuracy of zonal intercepts. No assay values were edited or altered. Once the domain solids were created, they were used to code the drill hole assays and composites for subsequent statistical analysis. These solids or domains were then used to constrain the interpolation procedure for the mineral resource model, the solids zones were then used to constrain the block model by matching composites to those within the zones in a process called geologic matching. This ensures that only composites that lie within a particular zone are used to interpolate the blocks within that zone. Relative elevation interpolation methods were also employed which is helpful where the grade is layered or banded and is stratigraphically controlled. In the case of Kola, layering manifests itself as a relatively high-grade band at the footwall, which gradually decreases toward the hanging Page 66 of 71 Criteria JORC Code explanation Commentary wall. Due to the undulations of the deposit, this estimation process accounts for changes in dip that are common in layered and stratified deposits. The estimation plan includes the following: • Store the mineralized zone code and percentage of mineralization. • Apply the density, based on calculated specific gravity. • Estimate the grades for each of the metals using the relative elevation method and an inverse distance using three passes. The three estimation passes were used to estimate the Resource Model because a more realistic block-by-block estimation can be achieved by using more restrictions on those blocks that are closer to drill holes, and thus better informed. • Include a minimum of one composite and a maximum of nine, with a maximum of three from any one drill hole. The nature and distribution of the Kola Deposit shows uniform distribution of KCl grades without evidence of multiple populations which would require special treatment by either grade limiting or cutting. Therefore, it was determined that no outlier or grade capping was necessary. The grade models have been developed using inverse distance and anisotropic search ellipses measure 250 x 150 x 50 m and have been oriented relative to the main direction of continuity within each domain. Anisotropic distances have been included during interpolation; in other words, weighting of a sample is relative to the range of the ellipse. A sample at a range of 250 m along the main axis is given the same weight as a sample at 50 m distance located across the strike of the zone. A full set of cross-sections, long sections, and plans were used to check the block model on the computer screen, showing the block grades and the composite. There was no evidence that any blocks were wrongly estimated. It appears that block grades can be explained as a function of: the surrounding composites, the solids models used, and the estimation plan applied. In addition, manual ballpark estimates for tonnage to determine reasonableness was confirmed along with comparisons against the nearest neighbor estimate. As a check on the global tonnage, an estimate was made in Microsoft Excel by using the average seam thickness and determining a volume based on the proportion of holes containing Sylvinite versus the total number of holes (excluding those that did not reach the target depth) then applying the mean density of 2.1 (t/m3) to determine the total tonnes. This was carried out for the USS and LSS within the Measured and Indicated categories. A deduction was made to account for loss within subsidence anomalies. The tonnage of this estimate is within 10% of the tonnage of the reported Mineral Resource. Page 67 of 71 Criteria JORC Code explanation Commentary 3.6 Moisture • Whether the tonnages are estimated on a dry basis or with Mineral Resource tonnages are reported on an insitu basis (with natural moisture content), natural moisture, and the method of determination of the Sylvinite containing almost no moisture and Carnallitite containing significant moisture within its moisture content. molecular structure. Moisture content of samples was measured using the ‘Loss on Drying' (LOD) method at Intertek Genalysis as part of the suite of analyses carried out. Data shows that for Sylvinite the average moisture content is 0.076 % and the maximum value was 0.6%. Representative moisture analyses of Carnallitite are difficult as it is so hygroscopic. 38% of the mass of the mineral carnallite is due to water (6 H20 groups within its structure). Using the KCl data to work out a mean carnallite content, the Carnallitite has an average moisture content approximately 25% insitu. It can be reliably assumed that this amount of moisture would have been held by the Carnallitite samples at the time of analysis of potassium, in a temperate atmosphere for the duration that they were exposed. 3.7 Cut-off parameters • The basis of the adopted cut-off grade(s) or quality parameters For Sylvinite, a cut-off grade (COG) of 10% was determined by an analysis of the Pre-feasibility applied. and ‘Phased Implementation study' operating costs analysis and a review of current potash pricing. The following operating costs were determined from previous studies per activity per tonne of MoP (95% KCl) produced from a 33% KCl ore, with a recovery of 89.5%: • Mining $30/t • Process $20/t • Infrastructure $20/t • Sustaining Capex $15/t • Royalties $10/t • Shipping $15/t For the purpose of the COG calculation, it was assumed that infrastructure, sustaining capex, royalty and shipping do not change with grade (i.e. are fixed) and that mining and processing costs vary linearly with grade. Using these assumptions of fixed costs ($60/t) and variable costs at 33% ($50/t) and a potash price of $250/t, we can calculate a cut-off grade where the expected cost of operations equals the revenue. This is at a grade of 8.6% KCl. To allow some margin of safety, a COG of 10% is therefore proposed. For Carnallitite, reference was made to the Scoping Study for Dougou which determined similar operating costs for solution mining of Carnallitite and with the application of a $250/t potash price a COG of 10% KCl is determined. 3.8 Mining factors or • Assumptions made regarding possible mining methods, The Kola Sylvinite has been the subject of several scoping studies as well as a publicly available assumptions minimum mining dimensions and internal (or, if applicable, NI43-101 compliant PFS completed in September 2012 by SRK Consulting of Denver. The study external) mining dilution. It is always necessary as part of the found that economic extraction of 2 to 5m thick seams with conventional underground mining process of determining reasonable prospects for eventual machines is viable and that mining thickness as low as 1.8m can be supported. Globally, potash Page 68 of 71 Criteria JORC Code explanation Commentary economic extraction to consider potential mining methods, but is mined in similar deposits with seams of similar geometry and form. The PFS determined an the assumptions made regarding mining methods and overall conversion of resources to reserves of 26%. A Definitive Feasibility Study is underway. parameters when estimating Mineral Resources may not always be rigorous. Where this is the case, this should be reported with Mining of Carnallitite is not planned at this stage but in the form, grade and quantity of the an explanation of the basis of the mining assumptions made. Carnallitite does support reasonable ground for eventual economic extraction. A Scoping Study complete in 2015 for the nearby Dougou Carnallitite deposit further supports this. 3.9 Metallurgical factors • The basis for assumptions or predictions regarding metallurgical The Kola Sylvinite ore represents a simple mineralogy, containing only sylvite, halite and minor or assumptions amenability. It is always necessary as part of the process of fragments of other insoluble materials. Sylvinite of this nature is well understood globally and can determining reasonable prospects for eventual economic be readily processed. Separation of the halite from sylvite by means of flotation has been proven extraction to consider potential metallurgical methods, but the in potash mining districts in Russia and Canadas. Furthermore, metallurgical test work was assumptions regarding metallurgical treatment processes and performed on all Sylvinite seams (HWSS, USS, LSS and FWSS) at the Saskatchewan Research parameters made when reporting Mineral Resources may not Council (SRC) which confirmed the viability of processing the Kola ore by conventional flotation. always be rigorous. Where this is the case, this should be reported with an explanation of the basis of the metallurgical assumptions made. 3.10 Environmental • Assumptions made regarding possible waste and process The Kola deposit is located in a sensitive environmental setting in an area that abuts the factors or assumptions residue disposal options. It is always necessary as part of the Conkouati-Douli National Park (CDNP. Approximately 60% of the deposit is located within the process of determining reasonable prospects for eventual economic development zone of the CDNP, while the remainder is within the buffer zone around economic extraction to consider the potential environmental the park. The economic development zone does permit mining activities if it is shown that impact impacts of the mining and processing operation. While at this can be minimised. For these reasons, Sintoukola Potash has focussed its efforts on stage the determination of potential environmental impacts, understanding the environmental baseline and the potential impacts that the project will have. particularly for a greenfields project, may not always be well Social, water, hydrobiology, cultural, archaeological, biodiversity, noise, traffic and economic advanced, the status of early consideration of these potential baseline studies were undertaken as part of the ESIA process between 2011 and 2013. This led environmental impacts should be reported. Where these aspects to the preparation of an Equator Principles compliant ESIA in 2013 and approval of this study by have not been considered this should be reported with an the government in the same year. explanation of the environmental assumptions made. Waste management for the project is simplified by the proximity to the ocean, which acts as a viable receptor for NaCl from the process plant. Impacts on the forest and fauna are minimised by locating the process plant and employee facilities at the coast, outside the CDNP. Relationships with the national parks, other NGO's and community and government stakeholders have been maintained continuously since 2011 and engagement is continuing for the ongoing DFS. All stakeholders remain supportive of the project. 3.11 Bulk density • Whether assumed or determined. If assumed, the basis for the The separation of Carnallitite and Sylvinite (no instances of a mixed ore-type have been assumptions. If determined, the method used, whether wet or observed) and that these rock types each comprise over 97.5% of only two minerals (Carnallitite dry, the frequency of the measurements, the nature, size and of carnallite and halite; Sylvinite of sylvite and halite) means that density is proportional to grade. representativeness of the samples. The mineral sylvite has a specific gravity of 1.99 and halite of 2.17. Reflecting this, the density of • The bulk density for bulk material must have been measured by Page 69 of 71 Criteria JORC Code explanation Commentary methods that adequately account for void spaces (vugs, Sylvinite is less if it contains more sylvite. The same is true of Carnallitite, carnallite having a porosity, etc), moisture and differences between rock and density of 1.60. alteration zones within the deposit. • Discuss assumptions for bulk density estimates used in the Conventional density measurements using the weight in air and weight in water method were evaluation process of the different materials. problematic due to the soluble nature of the core and difficulty applying wax to salt. As an alternative, gas pycnometer analyses were carried out (71 on Sylvinite and 37 on Carnallitite samples). Density by pycnometer was plotted against grade for each and a regression line was plotted, the formula of which was used in the Mineral Resource model to determine the bulk density of each block. As a check on the pycnometer data, the theoretical bulk density (assumes a porosity of nil) was plotted using the relationship between grade and density described above. As a further check, a ‘field density' was determined for Sylvinite and Carnallitite from EK_49 and EK_51 on whole core, by weighing the core and measuring the volume using a calliper, before sending samples for analysis. An average field density of 2.10 was derived from the Sylvinite samples, with an average grade of 39% KCl, and 1.70 for Carnallitite with an average grade of 21% KCl, supporting the pycnometer data. The theoretical and field density data support the approach of determining bulk-density. 3.12 Classification • The basis for the classification of the Mineral Resources into Drill-hole and seismic data are relied upon in the geological modelling and grade estimation. varying confidence categories. Across the deposit the reliability of the geological and grade data is high. Grade continuity is less • Whether appropriate account has been taken of all relevant reliant on data spacing as within each domain grade variation is small reflecting the continuity of factors (i.e. relative confidence in tonnage/grade estimations, the depositional environment and ‘all or nothing' style of Sylvinite formation. reliability of input data, confidence in continuity of geology and metal values, quality, quantity and distribution of the data). It is the data spacing that is the principal consideration as it determines the confidence in the • Whether the result appropriately reflects the Competent interpretation of the seam continuity and therefore confidence and classification; the further away Person's view of the deposit. from seismic and drill-hole data the lower the confidence in the Mineral Resource classification, as summarized in Table 13 of the original announcement (dated 6 July 2017). In the assigning confidence category, all relevant factors were considered and the final assignment reflects the Competent Persons view of the deposit. 3.13 Audits or reviews • The results of any audits or reviews of Mineral Resource No audits or reviews of the Mineral Resource have been carried out other than those of estimates. professionals working with Met-Chem division of DRA Americas Inc., a subsidiary of the DRA Group as part of the modelling and estimation work. 3.14 Discussion of • Where appropriate a statement of the relative accuracy and The Competent Person has a very high degree of confidence in the data and the results of the relative accuracy/ confidence level in the Mineral Resource estimate using an Mineral Resource Estimate. The use of tightly spaced seismic that was reprocessed using confidence approach or procedure deemed appropriate by the Competent state-of-the-art techniques combined with high quality drill data formed the solid basis from Person. For example, the application of statistical or which to model the deposit. Industry standard best practices were followed throughout and geostatistical procedures to quantify the relative accuracy of the rigorous quality assurance and quality control procedures were employed at all stages. The resource within stated confidence limits, or, if such an approach Competent Person was provided all information and results without exception and was involved Page 70 of 71 Criteria JORC Code explanation Commentary is not deemed appropriate, a qualitative discussion of the factors in all aspects of the program leading up to the estimation of resources. The estimation strategy that could affect the relative accuracy and confidence of the and method accurately depict tonnages and grades with a high degree of accuracy both locally estimate. and globally. • The statement should specify whether it relates to global or local estimates, and, if local, state the relevant tonnages, which There is no production data from which to base an opinion with respect to accuracy and should be relevant to technical and economic evaluation. confidence. Documentation should include assumptions made and the procedures used. • These statements of relative accuracy and confidence of the estimate should be compared with production data, where available. Page 71 of 71 Date: 27-06-2022 11:16:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Correction to results of annual general meeting announcement 4SIGHT HOLDINGS LIMITED (Incorporated in the Republic of Mauritius) (Registration number: C148335 C1/GBL) JSE share code: 4SI ISIN: MU0557S00001 ("4Sight" or "the Company") CORRECTION TO RESULTS OF ANNUAL GENERAL MEETING ANNOUNCEMENT Shareholders are referred to the results of annual general meeting announcement released on 24 June 2022 and are advised of corrections to errors in the voting results of ordinary resolution 2.3 and ordinary resolution 3, which should read as follows: Ordinary resolution 2.3: Re-election of Christopher Crowe as a non-executive director of the Company Shares voted* For Against Abstentions^ 522 562 040, being 79.19% 522 457 040, being 99.98% 105 000, being 0.02% 7 106 824, being 1.08% Ordinary resolution 3: Re-appointment of external auditors Shares voted* For Against Abstentions^ 522 562 040, being 79.19% 522 457 040, being 99.98% 105 000, being 0.02% 7 106 824, being 1.08% * shares voted (excluding abstentions) in relation to total shares in issue ^ shares in relation to total shares in issue 27 June 2022 Designated advisor Java capital Date: 27-06-2022 10:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Early redemption of IVC177 notes Investec Bank Limited Incorporated in the Republic of South Africa Registration number 1969/004763/06 Issuer Code: BIINLP LEI No: 549300RH5FFHO48FXT69 EARLY REDEMPTION OF IVC177 NOTES ("IVC177 NOTES") Investec Bank Limited ("the Issuer") has exercised its option to early redeem all of the IVC177 Notes in terms of item 32 of the Applicable Pricing Supplement, pursuant to the terms and conditions set out in the Issuer's Credit-Linked Note Programme dated 10 May 2010, as follows: JSE Stock Code IVC177 ISIN ZAG000169129 Redemption Amount per Note The Principal Amount plus accrued, unpaid interest to the Optional Redemption Date (Call). Early Redemption Date: 29 June 2022 Date: 27 June 2022 Debt Sponsor: Investec Bank Limited Bongani.Ntuli@investec.co.za Date: 27-06-2022 10:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Dealing in shares by an associate of a director SPEAR REIT LIMITED (Incorporated in the Republic of South Africa) (Registration number 2015/407237/06) Share Code: SEA ISIN: ZAE000228995 LEI: 378900F76170CCB33C50 Approved as a REIT by the JSE ("Spear" or "the Company") DEALING IN SHARES BY AN ASSOCIATE OF A DIRECTOR In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the dealing in securities is disclosed: NAME OF DIRECTOR Christiaan Barnard COMPANY OF WHICH A DIRECTOR Spear REIT Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTION Purchase of shares by an associate of the director (on-market transaction) DATE OF TRANSACTION 24 June 2022 PRICE PER SECURITY (CENTS) High: 770 Low: 769 Average: 769.81 NUMBER OF SECURITIES TRANSACTED 4 000 TOTAL RAND VALUE OF SECURITIES R30 792.21 TRANSACTED NAME OF ASSOCIATE J Barnard RELATIONSHIP WITH DIRECTOR Spouse NATURE AND EXTENT OF INTEREST IN THE Not applicable TRANSACTION Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Cape Town 27 June 2022 Sponsor PSG Capital Date: 27-06-2022 10:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

FIFB18 FIFB19 - Interest Payments Notifications Fortress REIT Limited (Incorporated in the Republic of South Africa) (Registration no. 2009/016487/06) ("Fortress") Company code: FORI LEI: 378900FE98E30F24D975 (Approved as a REIT by the JSE) Bond code: FIFB18 ISIN: ZAG000163858 Bond code: FIFB19 ISIN: ZAG000171604 Interest Payments Notifications Noteholders are advised of the following interest payment due 13 July 2022: Bond code: FIFB19 ISIN: ZAG000171604 Coupon: 6.583% Interest amount due: ZAR 9 190 950.14 Interest period: 13 April 2022 to 12 July 2022 Payment date: 13 July 2022 Date convention: Following Business Day Noteholders are advised of the following interest payment due 29 July 2022: Bond code: FIFB18 ISIN: ZAG000163858 Coupon: 6.250% Interest amount due: ZAR 3 116 438.36 Interest period: 29 April 2022 to 28 July 2022 Payment date: 29 July 2022 Date convention: Following Business Day 27 June 2022 Debt Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 27-06-2022 10:28:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

New Financial Instrument Listing Announcement - "CLN848" The Standard Bank of South Africa Limited New Financial Instrument Listing Announcement - "CLN848" Stock Code: CLN848 ISIN Code: ZAG000187675 The JSE Limited has granted a listing to The Standard Bank of South Africa Limited - CLN848 Senior Unsecured Mixed Rate Credit Linked Notes due 31 March 2032 - sponsored by The Standard Bank of South Africa Limited, under its Structured Note Programme. Authorised Programme size ZAR80,000,000,000 Total notes issued (including current issue) ZAR70,040,672,469.61 Full Note details are as follows: Issue Date: 28 June 2022 Nominal Issued: ZAR 50,000,000 Coupon Rate: Fixed Notes - From, and including, 31 March 2027 until (but excluding) the Maturity Date: 9.85% per annum payable quarterly in arrears, as per the Applicable Pricing Supplement Floating Rate Notes - From, and including, the Interest Commencement Date to, but excluding, 31 March 2027: three-month ZAR-JIBAR-SAFEX plus 3.00% as per the Applicable Pricing Supplement Coupon Indicator: Fixed Rate Notes - Fixed Floating Rate Notes - Floating Interest Determination Dates: In respect of: Fixed Rate Notes - Not Applicable Floating Rate Notes - Each 31 March, 30 June, 30 September and 31 December of each year, commencing on the Issue Date until (but excluding) 31 March 2027 Trade Type: Price Issue Price: 100% Maturity Date: 31 March 2032 Interest Commencement Date: Issue Date First Interest Payment Date: 30 September 2022 Interest Payment Dates: In respect of: Fixed Rate Notes - 31 March, 30 June, 30 September and 31 December of each year until the Maturity Date, with the first Interest Payment Date being 30 June 2027 Floating Rate Notes - each 31 March, 30 June, 30 September and 31 December of each year until (and including) 31 March 2027 Business Day Count/Convention: Actual/365(fixed) and Following Business Day Last day to register: By: 17:00 on 25 March, 24 June, 24 September and 25 December of each year, or if such day is not a Business Day, the Business Day before each Books Closed Period Books Close: From each 26 March, 25 June, 25 September and 26 December until the applicable Interest Payment Date Optional Call Date: 31 March 2027 Placement Agent: The Standard Bank of South Africa Limited Debt Security subject to guarantee; security or credit enhancement: Not Applicable Additional Terms and Conditions: Investors should study the Pricing Supplement for full details of the specific terms and conditions applicable to this specific issuance. Notes will be deposited in the Central Depository ("CSD") and settlement will take place electronically in terms of JSE Rules. Dated 27 June 2022 Sponsor - The Standard Bank of South Africa Limited For further information on the Notes issued please contact: Johann Erasmus SBSA (Sponsor) Email: johann.erasmus@standardbank.co.za Date: 27-06-2022 10:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Dealings in securities Sanlam Limited (Incorporated in the Republic of South Africa) Registration number 1959/001562/06 JSE share code: SLM NSX share code: SLA A2X share code: SLM ISIN: ZAE000070660 ("Sanlam") Prescribed Officer dealings in Sanlam securities In compliance with paragraph 3.63 - 3.66 of the Listings Requirements of the JSE Limited, we hereby advise the following dealings by a prescribed officer in Sanlam securities: Name: L Lambrechts Date of transaction: 23 June 2022 Total number of shares: 10 564 Nature of transaction: Delivery of Sanlam ordinary shares under Santam Ltd Deferred and Performance Share Plans On market/Off market trade: Off market Market value per share: R53.25 Total deemed value: R562 533.00 Nature and extent of the Direct beneficial interest in the transaction: Class of securities: Ordinary shares Prior authority to transact obtained: Yes Name: L Lambrechts Date of transaction: 23 June 2022 Market value per share: R53.25 Class of securities: Ordinary shares Nature of transaction: Sale of Sanlam ordinary shares under Santam Ltd Deferred and Performance Share Plans to meet income tax obligations on vesting of shares Total number of shares: 4 796 Total transaction value: R255 387.00 Nature and extent of the Direct beneficial director's interest in the transaction: On market/Off market trade: On market Prior authority to transact obtained: Yes Bellville 27 June 2022 Sponsor The Standard Bank of South Africa Limited Date: 27-06-2022 10:01:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

HPF12 HPF13 HPF14 - Interest Payment Notifications Hospitality Property Fund Limited (Incorporated in the Republic of South Africa) (Registration No. 2005/014211/06) Company code: HPAI LEI: 3789006ACF6F371CCB67 Bond code: HPF12 ISIN: ZAG000158338 Bond code: HPF13 ISIN: ZAG000165168 Bond code: HPF14 ISIN: ZAG000184730 INTEREST PAYMENT NOTIFICATIONS Noteholders are advised of the following interest payments due 30 June 2022: Bond code: HPF12 ISIN: ZAG000158338 Nominal: ZAR 300 000 000.00 Coupon: 5.967% Interest amount due: ZAR 4 462 989.04 Interest period: 31 March 2022 to 29 June 2022 Bond code: HPF13 ISIN: ZAG000165168 Nominal: ZAR 800 000 000.00 Coupon: 5.867% Interest amount due: ZAR 11 701 852.05 Interest period: 31 March 2022 to 29 June 2022 Bond code: HPF14 ISIN: ZAG000184730 Nominal: ZAR 600 000 000.00 Coupon: 6.250% Interest amount due: ZAR 9 554 794.52 Interest period: 29 March 2022 to 29 June 2022 Payment date: 30 June 2022 Date Convention: Following Business Day 27 June 2022 Debt Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 27-06-2022 10:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

New Financial Instrument Listing Announcement - "CLN847" The Standard Bank of South Africa Limited New Financial Instrument Listing Announcement - "CLN847" Stock Code: CLN847 ISIN Code: ZAG000187717 The JSE Limited has granted a listing to The Standard Bank of South Africa Limited - CLN847 Senior Unsecured Mixed Rate Credit Linked Notes due 31 March 2032 - sponsored by The Standard Bank of South Africa Limited, under its Structured Note Programme. Authorised Programme size ZAR80,000,000,000 Total notes issued (including current issue) ZAR69,974,572,469.61 Full Note details are as follows: Issue Date: 28 June 2022 Nominal Issued: ZAR 50,000,000 Coupon Rate: Fixed Notes - From, and including, 31 March 2025 until (but excluding) the Maturity Date: 10.49% per annum payable quarterly in arrears, as per the Applicable Pricing Supplement Floating Rate Notes - From, and including, the Interest Commencement Date to, but excluding, 31 March 2025: three-month ZAR-JIBAR-SAFEX plus 3.00% as per the Applicable Pricing Supplement Coupon Indicator: Fixed Rate Notes - Fixed Floating Rate Notes - Floating Interest Determination Dates: In respect of: Fixed Rate Notes - Not Applicable Floating Rate Notes - Each 31 March, 30 June, 30 September and 31 December of each year, with the First Interest Rate Determination Date being the Issue Date Trade Type: Price Issue Price: 100% Maturity Date: 31 March 2032 Interest Commencement Date: Issue Date First Interest Payment Date: 30 September 2022 Interest Payment Dates: In respect of: Fixed Rate Notes - 31 March, 30 June, 30 September and 31 December of each year until the Maturity Date, with the first Interest Payment Date being 30 June 2025 Floating Rate Notes - each 31 March, 30 June, 30 September and 31 December of each year until (and including) 31 March 2025 Business Day Count/Convention: Actual/365(fixed) and Following Business Day Last day to register: By: 17:00 on 25 March, 24 June, 24 September and 25 December of each year, or if such day is not a Business Day, the Business Day before each Books Closed Period Books Close: From each 26 March, 25 June, 25 September and 26 December until the applicable Interest Payment Date Optional Call Date: 31 March 2025 Placement Agent: The Standard Bank of South Africa Limited Debt Security subject to guarantee; security or credit enhancement: Not Applicable Additional Terms and Conditions: Investors should study the Pricing Supplement for full details of the specific terms and conditions applicable to this specific issuance. Notes will be deposited in the Central Depository ("CSD") and settlement will take place electronically in terms of JSE Rules. Dated 27 June 2022 Sponsor - The Standard Bank of South Africa Limited For further information on the Notes issued please contact: Johann Erasmus SBSA (Sponsor) Email: johann.erasmus@standardbank.co.za Date: 27-06-2022 09:58:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

New Financial Instrument Listing Announcement - "CLN846" The Standard Bank of South Africa Limited New Financial Instrument Listing Announcement - "CLN846" Stock Code: CLN846 ISIN Code: ZAG000187626 The JSE Limited has granted a listing to The Standard Bank of South Africa Limited - CLN846 Senior Unsecured Credit Linked Notes due 02 May 2023 - sponsored by The Standard Bank of South Africa Limited, under its Structured Note Programme. Authorised Programme size ZAR80,000,000,000 Total notes issued (including current issue) ZAR69,924,572,469.61 Full Note details are as follows: Issue Date: 28 June 2022 Nominal Issued: ZAR 60,000,000 Coupon Rate: Three-month ZAR-JIBAR-SAFEX plus 2.10% as per the Applicable Pricing Supplement Coupon Indicator: Floating Interest Determination Dates: 30 September 2022, 31 December 2022 and 31 March 2023 commencing on the Issue Date Trade Type: Price Issue Price: 100% Maturity Date: 02 May 2023 Interest Commencement Date: Issue Date First Interest Payment Date: 30 September 2022 Interest Payment Dates: Each 30 September 2022, 31 December 2022, 31 March 2023 and 02 May 2023 Business Day Count/Convention: Actual/365(fixed) and Following Business Day Books Close: From 25 September 2022, 26 December 2022, 26 March 2023 and 27 April 2023 until the applicable Interest Payment Date Last day to register: By 17:00 on 24 September 2022, 25 December 2022, 25 March 2023 and 26 April 2023, or if such day is not a Business Day, the Business Day before each Books Closed Period. Placement Agent: The Standard Bank of South Africa Limited Debt Security subject to guarantee; security or credit enhancement: Not Applicable Additional Terms and Conditions: Investors should study the Pricing Supplement for full details of the specific terms and conditions applicable to this specific issuance. Notes will be deposited in the Central Depository ("CSD") and settlement will take place electronically in terms of JSE Rules. Dated 27 June 2022 Sponsor - The Standard Bank of South Africa Limited For further information on the Notes issued please contact: Johann Erasmus SBSA (Sponsor) Email: johann.erasmus@standardbank.co.za Date: 27-06-2022 09:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Oando Q4 2020 Oando PLC (Incorporated in Nigeria and registered as an external company in South Africa) Registration number: RC 6474 (External company registration number 2005/038824/10) OANDO PLC Share Code on the JSE Limited: OAO Share Code on the Nigerian Stock Exchange: UNTP ISIN: NGOANDO00002 ("Oando" or the "Company") Summarised Unaudited Interim Consolidated and Separate Interim Financial Statements for the three months ended 31 December 2020 and 2019 ("Quarterly Report: Q4 2019 and 2020") Quarter Quarter ended 31 ended 31 Dec 2020 Dec 2019 N'000 N'000 Total revenue 201 349 288 162 812 304 Operating profit/(loss) (24 471 653) (354 640 637) Basic earnings/(loss) (cents per share) (87 847 475) (220 142 385) Headline earnings/(loss) (cents per share) (1) (4) Shareholders are advised that the Company's Quarterly Report: Q4 2019 and 2020 has been published and is available at the following: JSE Limited website: https://senspdf.jse.co.za/documents/2022/jse/isse/untp/Q4DEC20.pdf Oando website: www.oandoplc.com Short Form Announcement This short form announcement is a summary of the financial information in the Quarterly Report; Q4 2019 and 2020 and does not contain full or complete details thereof. The information herein is the responsibility of the board of directors of Oando. . Any investment decisions by investors or shareholders should be based on consideration of the full Quarterly Report: Q4 2019 and 2020. Copies of the Quarterly Report: Q4 2019 and 2020 may be requested from the Company Secretary DDawodu@Oandoplc.com at no charge. On behalf of the Board Lagos 27 June 2022 JSE Sponsor to Oando Date: 27-06-2022 09:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Oando Q2 2020 Oando PLC (Incorporated in Nigeria and registered as an external company in South Africa) Registration number: RC 6474 (External company registration number 2005/038824/10) OANDO PLC Share Code on the JSE Limited: OAO Share Code on the Nigerian Stock Exchange: UNTP ISIN: NGOANDO00002 ("Oando" or the "Company") Summarised Unaudited Interim Consolidated and Separate Interim Financial Statements for the three months ended 31 June 2020 and 2019 ("Quarterly Report: Q2 2019 and 2020") Quarter Quarter ended 31 ended 30 June 2020 June 2019 N'000 N'000 Total revenue 90 685 369 399 015 Operating profit/(loss) 1 635 421 (15 931 972) Basic earnings/(loss) (cents per share) (1 724 485) 2 534 563 Headline earnings/(loss) (cents per share) (0) (0) Shareholders are advised that the Company's Quarterly Report: Q2 2019 and 2020 has been published and is available at the following: JSE Limited website: https://senspdf.jse.co.za/documents/2022/jse/isse/untp/Q2JUN20.pdf Oando website: www.oandoplc.com Short Form Announcement This short form announcement is a summary of the financial information in the Quarterly Report; Q2 2019 and 2020 and does not contain full or complete details thereof. The information herein is the responsibility of the board of directors of Oando. . Any investment decisions by investors or shareholders should be based on consideration of the full Quarterly Report: Q2 2019 and 2020. Copies of the Quarterly Report: Q2 2019 and 2020 may be requested from the Company Secretary DDawodu@Oandoplc.com at no charge. On behalf of the Board Lagos 27 June 2022 JSE Sponsor to Oando Date: 27-06-2022 09:13:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Oando Q3 2020 Oando PLC (Incorporated in Nigeria and registered as an external company in South Africa) Registration number: RC 6474 (External company registration number 2005/038824/10) OANDO PLC Share Code on the JSE Limited: OAO Share Code on the Nigerian Stock Exchange: UNTP ISIN: NGOANDO00002 ("Oando" or the "Company") Summarised Unaudited Interim Consolidated and Separate Interim Financial Statements for the three months ended 30 September 2020 and 2019 ("Quarterly Report: Q3 2019 and 2020") Quarter Quarter ended 30 ended 30 Sept 2020 Sept 2019 N'000 N'000 Total revenue 84 662 334 98 350 989 Operating profit/(loss) (5 243 038) 18 591 779 Basic earnings/(loss) (cents per share) (8 885 775) 5 895 449 Headline earnings/(loss) (cents per share) (0) 0 Shareholders are advised that the Company's Quarterly Report: Q3 2020 and 2019 has been published and is available at the following: JSE Limited website: https://senspdf.jse.co.za/documents/2022/jse/isse/untp/Q3SEP20.pdf Oando website: www.oandoplc.com Short Form Announcement This short form announcement is a summary of the financial information in the Quarterly Report; Q3 2019 and 2020 and does not contain full or complete details thereof. The information herein is the responsibility of the board of directors of Oando. . Any investment decisions by investors or shareholders should be based on consideration of the full Quarterly Report: Q3 2019 and 2020. Copies of the Quarterly Report: Q3 2019 and 2020 may be requested from the Company Secretary DDawodu@Oandoplc.com at no charge. On behalf of the Board Lagos 27 June 2022 JSE Sponsor to Oando Date: 27-06-2022 09:14:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

New Listing Announcement - DTF001 and DTF002 Daimler Truck Southern Africa Limited (Registration number: 2018/300147/06) ("the Issuer") Bond code: DTF001 ISIN: ZAG000187535 Bond code: DTF002 ISIN: ZAG000187543 New Listing Announcement - DTF001 and DTF002 The JSE Limited has granted a listing to Daimler Truck Southern Africa Limited on Interest Rate Market with effect from 28 June 2022. INSTRUMENT TYPE: FLOATING RATE NOTE Total Notes in issue R1,500,000,000 (including current issue) Bond Code DTF001 Nominal Issued R410,000,000 Issue Price 100% Coupon 5.895% (3 Month JIBAR as at 23 June 2022 of 4.975% plus 92bps) Coupon Rate Indicator Floating Trade Type Price Final Maturity Date 28 June 2023 Books Close Date 18 March, 18 June, 18 September, 18 December Interest Payment Date(s) 28 March, 28 June, 28 September, 28 December Last Day to Register By 17:00 on 17 March, 17 June, 17 September, 17 December Issue Date 28 June 2022 Date Convention Following Interest Commencement Date 28 June 2022 First Interest Payment Date 28 September 2022 ISIN No. ZAG000187535 Additional Information Senior Unsecured Applicable Pricing Supplement https://clientportal.jse.co.za/Content/JSEPricingSupplementsItems/DTF001%20 Pricing%20Supplement2806.pdf INSTRUMENT TYPE: FLOATING RATE NOTE Bond Code DTF002 Nominal Issued R1,090,000,000 Issue Price 100% Coupon 6.065% (3 Month JIBAR as at 23 June 2022 of 4.975% plus 109bps) Coupon Rate Indicator Floating Trade Type Price Final Maturity Date 28 June 2025 Books Close Date 18 March, 18 June, 18 September, 18 December Interest Payment Date(s) 28 March, 28 June, 28 September, 28 December Last Day to Register By 17:00 on 17 March, 17 June, 17 September, 17 December Issue Date 28 June 2022 Date Convention Following Interest Commencement Date 28 June 2022 First Interest Payment Date 28 September 2022 ISIN No. ZAG000187543 Additional Information Senior Unsecured Applicable Pricing Supplement https://clientportal.jse.co.za/Content/JSEPricingSupplementsItems/DTF002%2 0PricingSupplement2806.pdf 27 June 2022 Debt Sponsor The Standard Bank of South Africa Date: 27-06-2022 09:14:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Oando Q1 2020 Oando PLC (Incorporated in Nigeria and registered as an external company in South Africa) Registration number: RC 6474 (External company registration number 2005/038824/10) OANDO PLC Share Code on the JSE Limited: OAO Share Code on the Nigerian Stock Exchange: UNTP ISIN: NGOANDO00002 ("Oando" or the "Company") Summarised Unaudited Interim Consolidated and Separate Interim Financial Statements for the three months ended 31 March 2020 and 2019 ("Quarterly Report: Q1 2019 and 2020") Quarter Quarter ended 31 ended 31 March March 2019 2020 N'000 N'000 Total revenue 113 288 658 168 009 549 Operating profit/(loss) (46 717 817) 17 100 312 Basic earnings/(loss) (cents per share) (34 112 696) 4 634 079 Headline earnings/(loss) (cents per share) (1) 0 Shareholders are advised that the Company's Quarterly Report: Q1 2019 and 2020 has been published and is available at the following: JSE Limited website: https://senspdf.jse.co.za/documents/2022/jse/isse/untp/Q1MAR20.pdf Oando website: www.oandoplc.com Short Form Announcement This short form announcement is a summary of the financial information in the Quarterly Report; Q1 2019 and 2020 and does not contain full or complete details thereof. The information herein is the responsibility of the board of directors of Oando. Any investment decisions by investors or shareholders should be based on consideration of the full Quarterly Report: Q1 2019 and 2020. Copies of the Quarterly Report: Q1 2019 and 2020 may be requested from the Company Secretary DDawodu@Oandoplc.com at no charge. On behalf of the Board Lagos 27 June 2022 JSE Sponsor to Oando Date: 27-06-2022 09:12:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Press Release:Oando PLC Announces Unaudited Full Year End 2020 Results: Q1-Q4 Oando PLC (Incorporated in Nigeria and registered as an external company in South Africa) Registration number: RC 6474 (External company registration number 2005/038824/10) OANDO PLC Share Code on the JSE Limited: OAO Share Code on the Nigerian Stock Exchange: UNTP ISIN: NGOANDO00002 ("Oando" or the "Company") Oando PLC Announces Unaudited Full Year End 2020 Results: Q1-Q4 Lagos, Nigeria - Oando PLC (referred to as "Oando" or the "Group"), Nigeria's leading indigenous energy group listed on both Nigerian Exchange Limited and Johannesburg Stock Exchange, today announced unaudited results for Q1 - Q4 2020. HIGHLIGHTS Operational • Upstream: 5% production increase, 44,550boe/day compared to 42,492boe/day (FYE 2019) - Oil production of 15,912bbls/day (vs 17,969bbls/day in FYE 2019) - Natural Gas production of 26,881boe/day (vs 22,047boe/day in FYE 2019) - NGL production of 1,757bbls/day (vs 2,476bbls/day in FYE 2019) • Downstream: o 13% increase in traded crude oil volumes of 16.1 million (vs 14.2 million in FYE 2019) o 53% increase in traded refined petroleum products (694,653 MT compared to 452,919 MT in FYE 2019) Financial • 15% Turnover decrease, N490.0 billion compared to N576.6 billion (FYE 2019) • Loss-After-Tax of N132.6 billion compared to Loss-After-Tax of N207.1 billion (FYE 2019) • 16% Total Group Borrowings increase, N419.6 billion compared to N362.2 billion (FYE 2019) Commenting on the results Wale Tinubu, Group Chief Executive, Oando PLC said: "2020 proved to be an unprecedented year for the global economy due to the impact of the novel COVID-19 pandemic. The Oil & Gas industry was no exception as the year turned out to be one of the most challenging years in its history as we witnessed the lowest oil prices since our sojourn into Nigeria's upstream sector in 2008, thus negatively impacting our revenue during the period. This resulted in us having to impair a portion of the goodwill on our balance sheet to ensure the carrying value of our assets was a true reflection of the environment we were operating in. Furthermore, the second tranche funding of the settlement of a protracted and disruptive shareholder issue resulted in us taking a further impairment on a category of our financial and non-financial assets. Despite these challenges, our hedging policy and long-term offtake contracts ensured our cash flows were not severely stressed during this period. Amid an uncertain operating environment, our operational performance remained on track as we grew our upstream production by 5%, whilst downstream traded volumes of crude oil and refined products ramped up by 13% and 53% respectively". OPERATIONS REVIEW Upstream: Production for the twelve months ended 31 December 2020: FYE 2020 FYE 2019 % Change Crude Oil (bbls/day) 15,912 17,969 -11% NGLs (bbls/day 1,757 2,476 -29% Natural Gas (boe/day) 26,881 22,047 22% Total (boe/day) 44,550 42,492 5% During the twelve months ended December 31, 2020, production was 44,550 boe/day, compared to 42,492 boe/day in 2019. In 2020, production consisted of 15,912 bbls/day of crude oil, 1,757 boe/day of NGLs and 161,288 mcf/day (26,881 boe/day) of natural gas. The increase in production was a result of increased natural gas production at OML 60-63 (22%) offset by 29% decrease in NGL production and 5% and 15% crude production decreases at OML 56 and OML 13 respectively. Production decreases were a result of shut-ins for repairs, maintenance and sabotage incidences at the facilities. During the twelve months to December 31, 2020, Oando spent $82.8 million on capital expenditures related to the development of oil and gas assets and exploration and evaluation activities, compared to $78.8 million in the twelve months to December 31, 2019. Capital Expenditures in 2020 consisted of $80.0 million at OMLs 60 to 63 incurred on oil and gas properties, $1.5 million at OML 56 and $1.3 million capital expenditure recorded on other assets. Downstream: Traded volumes for the twelve months ended 31 December 2020: Traded Volumes FYE 2020 FYE 2019 % Change Crude Oil (bbls) 16,081,633 14,173,691 13% Refined Products (MT) 694,653 452,919 53% In FYE 2020, Oando Trading traded approximately 16 million barrels of crude oil under various contracts with the Nigerian National Petroleum Corporation (NNPC) and delivered 694,653 MT of refined products. FINANCE REVIEW N Million (unless otherwise stated) FYE 2020 FYE 2019 % Change Revenue 489,986 576,572 -15% Operating Loss (74,797) (334,881) -78% Loss-After-Tax (132,570) (207,078) -36% Total Borrowings 419,630 362,166 16% Average Realized Oil Price (US$/bbl) 34.21 62.59 -45% Average Realized Gas Price (US$/boe) 7.13 9.37 -24% Average Realized NGL Price (US$/boe) 5.48 6.84 -20% Revenue Revenue for the period was directly impacted by volatile product prices due to the global economic impact of the pandemic, with realized average crude oil price declining by 45% ($34.21 per barrel compared to $62.59 per barrel in 2019), natural gas by 24% ($7.13/boe compared to $9.37/boe in 2019), and NGL by 20% ($5.48/boe compared to $6.84/boe in 2019). These contributed to an overall decline in revenue of 15% (N490.0 billion compared to N576.6 billion in the same period in 2019) despite a 5% increase in production (44,550 boepd compared to 42,492 boepd in 2019), a 13% increase in traded crude oil volumes (16,081,633 bbls compared to 14,173,691 bbls in 2019), and a 53% increase in traded refined products (694,653 MT compared to 452,919 MT in 2019). Operating Loss The Operating Loss of N74.8 billion in 2020 was driven primarily by asset impairments totalling N84.7 billion as detailed below: I. Impairment of Non-Financial Assets: OER's goodwill arising from Exploration & Evaluation ("E&E") and producing assets was impaired as the fair value less costs of disposal of E&E assets and the discounted estimated cash flows for producing assets were lower than its carrying value. The futures market forward curve for brent carried lower forecasted prices due to the impact of the COVID-19 pandemic on global oil demand and subsequently crude prices. This assessment of goodwill impairment losses resulted in a total impairment of N21.8 billion. II. Impairment of Financial Assets: This relates to an impairment of receivables utilized towards financing of the settlement of a disruptive and value destructive long-standing shareholder dispute. In accordance with IFRS guidelines, an impairment test was carried out on the financing of the agreed settlement, resulting in an impairment on financial assets of N62.9 billion. Loss-After-Tax The Loss-After-Tax for FYE 2020 of N132.6 billion was driven primarily by the above asset impairments of N84.7 billion, as well as a 45% increase in Net Finance Costs to N58.9 billion (compared to N40.7 billion in 2019). Total Borrowings Total Borrowings increased by 16% to N419.6 billion (compared to N362.2 billion in FYE 2019) due to the financing of the settlement of the protracted shareholder dispute as stated above. COVID-19 REVIEW The COVID-19 pandemic, which commenced in December 2019, resulted in an unprecedented global health and economic crisis, with more than 82.0 million confirmed cases and 1.8 million deaths as at the end of December 2020. A resultant shut down of the global economy had a major impact on global demand for oil, with consumption reportedly declining by 30% to 65 million barrels a day in March 2020. This, combined with the inability of OPEC + to agree to production cuts, resulted in a global excess supply of 35 million barrels a day by the end of Q1 2020. In March, Brent crude marker prices reached record lows, declining by over 80% (from a high of $70/bbl. on January 6th to a low of $14/bbl. on March 31st). The second quarter of 2020 began to witness a gradual recovery in global economic activity; OPEC + also succeeded in agreeing production cuts of 9.7mb/d (about 10% of global supply) in April helping oil price to recover robustly in May and June, rising by 180% from its March lows of $14.85/bbl to remain at $41.58/bbl in June. In July, OPEC + eased production cuts to 7.7 mb/d as oil price continued its path to stability, eventually closing the year at $51.22/bbl (266% increase from March lows and 24% below the 2019 closing price of $67.77/bbl.). As a company our average realized selling price of oil during the period was 45% below the previous year ($34.21/bbl vs $62.59/bbl in 2019) while average realized selling prices for natural gas and NGL also remained 24% and 20% below the preceding year respectively. In line with Oando's focus on cash preservation and balance sheet optimization, we took the prudent approach of hedging a proportion of our oil production throughout the course of the year. In the first quarter of 2020, we hedged 8,000bbls per day of oil production at a floor price of $55/bbl, ensuring ~63% of oil production was protected from oil price volatility. In April 2020, we crystallized all the hedges within our portfolio for a gross proceed of $61.7 million and subsequently entered a new hedge arrangement at 4,000bbls per day with a strike price of $25/bbl., for a three-month period covering May - July 2020. Proceeds from this hedge crystallization were used to guarantee debt service obligations on certain debt facilities due in 2020. In October 2020, we entered a new hedge arrangement at 8,000bbls per day with a strike price of $35/bbl. for a six-month period covering October 2020 - March 2021. Our priority at every point was to ensure that our hedge strike price met our cash break-even requirements of covering our marginal cost of operations. For further information, please contact: Ayotola Jagun Company Secretary The Wings Office Complex 17a Ozumba Mbadiwe Avenue Victoria Island, Lagos, Nigeria. Tel: +234 (1) 270400, Ext 6159 ajagun@oandoplc.com Adeola Ogunsemi Group Chief Financial Officer The Wings Office Complex 17a Ozumba Mbadiwe Avenue Victoria Island, Lagos, Nigeria. Tel: +234 (1) 270400, Ext 6506 aogunsemi@oandoplc.com Ibukun Opeodu Investor Relations Manager The Wings Office Complex 17a Ozumba Mbadiwe Avenue Victoria Island, Lagos, Nigeria. Tel: +234 (1) 270400, Ext 6114 iopeodu@oandoplc.com For Oando PLC 27 June 2022 Lagos JSE Sponsor to Oando GLOSSARY "boe/day" barrels of oil equivalent per day "bbls/day" barrels of oil per day "mcf/day" thousand cubic feet per day "bbls" barrels of oil "boe" barrels of oil equivalent "US$/bbl" US dollars per barrel of oil "US$/boe" US dollars per barrel of oil equivalent "US$/mcf" US dollars per thousand cubic feet "MT" Metric Tonnes "OML" Oil Mining Licence Date: 27-06-2022 09:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Final cash dividend declaration and distribution of integrated annual report 2022, notice of virtual AGM Naspers Limited (Incorporated in the Republic of South Africa) (Registration number 1925/001431/06) JSE share code: NPN ISIN: ZAE000015889 ("Naspers" or "the company") FINAL CASH DIVIDEND DECLARATION AND DISTRIBUTION OF INTEGRATED ANNUAL REPORT 2022, NOTICE OF VIRTUAL ANNUAL GENERAL MEETING AND PUBLICATION OF B-BBEE ANNUAL COMPLIANCE CERTIFICATE Distribution of integrated annual report and notice of virtual annual general meeting Shareholders are advised that the company's integrated annual report (including the notice and proxy of the annual general meeting) and annual financial statements for the year ended 31 March 2022 will be available on the company's website www.naspers.com, Monday 27 June 2022. The notice of the virtual annual general meeting was posted to shareholders, 25 June 2022, and notice is hereby given that the 108th annual general meeting of the company will be held at 14:00 on Thursday 25 August 2022, to transact business as stated in the notice of the virtual annual general meeting. Given the ongoing pandemic and related government action and regulations aimed at social distancing, the annual general meeting will be conducted entirely through electronic communications as envisaged in the Act. This notice together with the proxy form will be available on the Company's website, www.naspers.com, as of today. Proxy forms must be lodged, for administrative purposes, by no later than 14:00 on Tuesday, 23 August 2022, alternatively presented to the Naspers company secretary prior to the commencement of the annual general meeting. The record date in order to be eligible to vote at the Annual General Meeting is Friday, 19 August 2022 and accordingly the last day to trade Naspers N Ordinary Shares in order to be recorded in the Naspers Register on the record date to be eligible to vote and participate at the Annual General Meeting is Tuesday, 16 August 2022. Dividend declaration Further to the summarised consolidated financial statements for the year ended 31 March 2022 as released on SENS and the company's website www.naspers.com, the board of Naspers wishes to advise that the dividend to be paid in relation to the Naspers N ordinary shares and A ordinary shares of the amount that Naspers receives from Prosus as a dividend as referred to in the Prosus results announcement released on 27 June 2022, will be as a terminal economics distribution under the cross-holding agreement between Naspers and Prosus. The board of Naspers intends to declare the dividend as soon as practicable. Publication of B-BEE annual compliance certificate Shareholders are further advised that Naspers's annual compliance certificate for the 2022 financial year in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act has been published and is also available on the Company's website, www.naspers.com Cape Town 27 June 2022 Sponsor: Investec Bank Limited For more information contact: Shamiela Letsoalo, Media Relations Director SA Eoin Ryan, Head of Investor Relations Tel: +27 78 802 6310 Tel: +1 347-210-4305 Email: shamiela.letsoalo@naspers.com Email: eoin.ryan@naspers.com About Naspers Established in 1915, Naspers has transformed itself to become a global consumer internet company and one of the largest technology investors in the world. Through Prosus, the group operates and invests globally in markets with long-term growth potential, building leading consumer internet companies that empower people and enrich communities. Prosus has its primary listing on Euronext Amsterdam and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus. In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies in the country. These include Takealot, Mr D Food, Superbalist, Autotrader, Property24 and PayU, in addition to Media24, South Africa's leading print and digital media business. Naspers has a primary listing on the Johannesburg Stock Exchange (NPN.SJ) and a secondary listing on the A2X Exchange (NPN.AJ) in South Africa and has a level 1 American Depository Receipt (ADR) programme which trades on an over-the-counter basis in the US. For more information, please visit www.naspers.com. Naspers Foundry Naspers is focused on stimulating South Africa's local tech sector through Naspers Foundry. This is a R1.4 billion investment vehicle that invests in early-stage technology companies that seek to address big societal needs. Naspers Labs In 2019, Naspers Labs, a youth development programme designed to transform and launch South Africa's unemployed youth into economic activity, was launched. Naspers Labs focuses on digital skills and training, enabling young people to pursue tech careers. Naspers for Good Naspers employees are equally committed to giving back. Naspers for Good is a corporate philanthropy fund administered by a committee of employees in South Africa. Through the fund, Naspers forms partnerships with organisations that have a proven track record of delivering solutions for the most pressing challenges affecting our communities. Email causes@naspers.com for more information. Response to COVID-19 Naspers contributed R1.5 billion of emergency aid to support the South African government's response to the COVID-19 pandemic. This contribution consisted of R500 million towards the Solidarity Fund, and R1 billion worth of PPE sourced and distributed to South Africa's front-line healthcare workers. In addition, Naspers contributed R6.9 million to the Nelson Mandela Foundation's EachOne FeedOne programme to support families impacted by COVID-19 with meals for a year. Date: 27-06-2022 08:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Partial Delisting Of Satrix Resi Securities - STXRES SATRIX COLLECTIVE INVESTMENT SCHEME SATRIX RESI PORTFOLIO JSE Code: STXRES ISIN: ZAE000078622 ("Satrix Resi") A portfolio in the Satrix Collective Investment Scheme, registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002 PARTIAL DELISTING OF SATRIX RESI SECURITIES 100 000 Satrix Resi have been delisted from the JSE commencement of business today, following the redemption of 1 STXRES basket. Following the delisting of the 100 000 securities, there will be 13 387 975 Satrix Resi securities in issue. Sandton 27 June 2022 JSE Sponsor Vunani Date: 27-06-2022 08:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Distribution of annual report 2022 and notice of hybrid annual general meeting and cash dividend PROSUS N.V. (Incorporated in the Netherlands) (Legal Entity Identifier: 635400Z5LQ5F9OLVT688) ISIN: NL0013654783 Euronext Amsterdam and JSE share code: PRX ("the company") DISTRIBUTION OF ANNUAL REPORT 2022, NOTICE OF HYBRID ANNUAL GENERAL MEETING AND CASH DIVIDEND DECLARATION Distribution of annual report 2022 and notice of hybrid annual general meeting Shareholders are advised that the company's annual report (including consolidated annual financial statements) for the year ended 31 March 2022 will be available on the company's website, www.prosus.com, this morning, Monday, 27 June 2022. Notice is hereby given that the annual general meeting of the company will be held at 14:00 (Central European time) on Wednesday, 24 August 2022, at the offices of ABN AMRO Bank N.V., Gustav Mahlerlaan 10, 1082 PP Amsterdam, the Netherlands (that may be subject to applicable restrictions on in-person visits). We will, in any event, ensure virtual access to the annual general meeting in a manner consistent with the arrangements for a virtual meeting. Virtual participation will be subject to our terms and conditions for general meetings. Shareholders can attend and vote at the meeting on all resolutions virtually via the internet at www.abnamro.com/evoting and if they wish, vote in real time online. Holders of shares registered in Prosus's shareholders register (or their authorised representatives) who wish to attend the annual general meeting and/or to vote must apply via www.abnamro.com/evoting not later than Wednesday, 17 August 2022, at 17:30 CET. The notice of the hybrid annual general meeting, including the agenda with explanatory notes, together with the power of attorney and electronic participation form, will also be available on the company's website at www.prosus.com/news/investors-general- meetings. The company's remuneration report and the proposed remuneration policy are included in the annual report. The record date in order to be eligible to vote at the annual general meeting is Wednesday, 27 July 2022. Dividend /Capital declaration Further to the company's summarised consolidated financial statements for the year ended 31 March 2022 released today, Monday, 27 June 2022, shareholders are advised that the company's board of directors recommends that a distribution is made to the Prosus shareholders, in the form of a capital repayment, of 14 euro cents per ordinary share N. Holders of ordinary shares B will receive 0.000014 euro cents per share. Holders of ordinary shares A1 will receive an amount per share equal to the outcome of the formula set forth in article 30.4 of the articles of association. Holders of ordinary shares N as at 2 September 2022 (the Dividend Record Date) who do not wish to receive a capital repayment can elect to receive a dividend instead. A choice for one option implies an opt-out of the other option. If confirmed by shareholders at the Prosus annual general meeting on 24 August 2022, elections to receive a dividend instead of a capital repayment will need to be made by holders of ordinary shares N by 19 September 2022. Capital repayments and dividends will be payable to shareholders recorded in the books on the Dividend Record Date and paid on 27 September 2022. Capital repayments will be paid from share capital for Dutch tax purposes. No dividend tax will be withheld on the amounts of capital reductions paid to shareholders. Holders of ordinary shares N electing to receive a dividend will receive a dividend declared from retained earnings. Dividends will be subject to the Dutch dividend tax rate of 15%. Dividends payable to holders of ordinary shares N who elect to receive a dividend and who hold their ordinary share N through the listing of the company on the JSE will, in addition to the Dutch dividend withholding tax, be subject to South African dividend tax at a rate of up to 20%. The amount of additional South African dividend tax payable will be calculated by deducting from the 20% South African dividend tax otherwise due, a rebate equal to the Dutch dividends tax paid in respect of the dividend (without any right of recovery). Those shareholders, unless exempt from paying dividend tax or entitled to a reduced withholding tax rate in terms of an applicable tax treaty, will be subject to a maximum of 20% total dividend tax. Holders of ordinary shares N that do not elect for a dividend will automatically receive a capital repayment which will not be subject to Dutch and South African dividend tax. The issued share capital as at 25 June 2022 was 2 003 817 745 ordinary shares N and 4 456 650 ordinary shares A1, and 1 128 507 756 ordinary shares B. The summarised consolidated financial statements for the year ended 31 March 2022, dividend declaration and details of the publication of the annual report was released on SENS today, Monday, 27 June 2022, copies of which are available on the website www.prosus.com. AMSTERDAM, THE NETHERLANDS 27 June 2022 Euronext listing agent ING Bank N.V. Euronext paying agent ABN AMRO Bank N.V. JSE Sponsor Investec Bank Limited Enquiries: Investor Enquiries +1 347 210 4305 Eoin Ryan, Head of Investor Relations Media Enquires +27 78 802 6310 Shamiela Letsoalo, Media Relations Director About Prosus Prosus is a global consumer internet group and one of the largest technology investors in the world. Operating and investing globally in markets with long-term growth potential, Prosus builds leading consumer internet companies that empower people and enrich communities. The group is focused on building meaningful businesses in the online classifieds, food delivery, payments and fintech, and education technology sectors in markets including India and Brazil. Through its ventures team, Prosus invests in areas including health, logistics, 2 blockchain, and social commerce. Prosus actively seeks new opportunities to partner with exceptional entrepreneurs using technology to improve people's everyday lives. Every day, billions of customers use the products and services of companies that Prosus has invested in, acquired or built, including 99minutos, Airmeet, Aruna, AutoTrader, Autovit.ro, Azos, BandLab, Bibit, Biome Makers, Borneo, Brainly, BUX, BYJU'S, Bykea, Captain Fresh, Codecademy, Collective Benefits, Creditas, DappRadar, DeHaat, Domofond.ru, dott, EduMe, ElasticRun, eMAG, Endowus, Eruditus, EVERY, Facily, Flink, Foodics, Good Glamm Group, GoodHabitz, GoStudent, Honor, iFood, Imovirtual, Klar, Kovi, LazyPay, letgo, Luno, Mensa Brands, Meesho, merXu, Movile, Oda, OLX, Otodom, OTOMOTO, PaySense, PayU, Pharmeasy, Platzi, Property24, Quick Ride, Red Dot Payment, Republic, Shipper, ShopUp, SoloLearn, Stack Overflow, Standvirtual, Superside, Swiggy, Thndr, Tonik, Ula, Urban Company, Wayflyer, and Wolt. Hundreds of millions of people have made the platforms of Prosus's associates a part of their daily lives. For listed companies where we have an interest, please see: Tencent, Delivery Hero, Remitly, Trip.com, Udemy, Skillsoft, Sinch, and SimilarWeb. Today, Prosus companies and associates help improve the lives of more than two billion people around the world. Prosus has a primary listing on Euronext Amsterdam (AEX:PRX) and secondary listings on the Johannesburg Stock Exchange (XJSE:PRX) and a2X Markets (PRX.AJ). Prosus is majority-owned by Naspers. For more information, please visit www.prosus.com. Date: 27-06-2022 08:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

GLN: Transactions In Own Shares. GLENCORE PLC (Incorporated in Jersey under the Companies (Jersey) Law 1991) (Registration number 107710) JSE Share Code: GLN LSE Share Code: GLEN ISIN: JE00B4T3BW64 LEI: 2138002658CPO9NBH955Baar, Switzerland 27 June 2022 TRANSACTIONS IN OWN SHARES GLENCORE PLC ("Glencore") announces today that it has purchased the following number of its ordinary shares of USD 0.01 each on the London Stock Exchange and Multilateral Trading Facilities from Morgan Stanley & Co. International Plc. Such purchase was effected pursuant to the buy-back programme as announced by Glencore on 21 February 2022: Ordinary Shares Date of purchase: 24 June 2022 Number of ordinary shares purchased: 3,060,000 Highest price paid per share: 449.45 Lowest price paid per share: 431.80 Volume weighted average price paid per share: 439.50 Glencore intends to hold the purchased shares in treasury. Following the above transaction, Glencore holds 1,467,872,776 of its ordinary shares in treasury and has 14,586,200,066 ordinary shares on issue (including treasury shares). Therefore, the total voting rights in Glencore plc will be 13,118,327,290. This figure for the total number of voting rights may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules. These share purchases form part of the Company's existing buy-back programme which is expected to be completed over the period from February 2022 to August 2022, details of which were announced on 21 February 2022. For more information visit: www.glencore.com/investors/shareholder-centre/Share-buy-backs This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction. Ordinary Shares Name of the Issuer GLENCORE PLC Identity Code of the Issuer 2138002658CPO9NBH955 ISIN JE00B4T3BW64 Intermediary Name MORGAN STANLEY & CO INTERNATIONAL PLC Identify Code of the Intermediary 4PQUHN3JPFGFNF3BB653 Currency GBP Sponsor Absa Corporate and Investment Bank, a division of Absa Bank Limited Date: 27-06-2022 08:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

FRC417 FRC418 FRC419 - Listing of New Financial Instruments FirstRand Bank Limited (Incorporated in the Republic of South Africa) (Registration number: 1929/001225/06) Issuer code: FRII LEI: ZAYQDKTCATIXF9OQY690 Bond code: FRC417 ISIN: ZAG000187550 Bond code: FRC418 ISIN: ZAG000187527 Bond code: FRC419 ISIN: ZAG000187568 (FRB) LISTING OF NEW FINANCIAL INSTRUMENTS The JSE has granted FRB the listings of its FRC417, FRC418 and FRC419 senior unsecured unsubordinated notes, in terms of its note programme (the programme) dated 29 November 2011, as amended from time to time, effective 28 June 2022. Debt security code: FRC417 ISIN: ZAG000187550 Coupon rate: 3 Month JIBAR plus 369.40 basis points for all interest periods commencing from the issue date and ending on but excluding 30 April 2025, subject to a maximum rate of 10.98% and 9.3099% for all interest periods commencing from 30 April 2025 and ending on but excluding the maturity date Interest determination date(s): For all interest periods commencing from the issue date and ending on but excluding 30 April 2025, the first business day of each interest period, with the first interest determination date being the issue date First interest payment date: 31 July 2022 Interest payment date(s): 31 January, 30 April, 31 July and 31 October of each year until the maturity date Last day to register: By 17:00 on 26 January, 25 April, 26 July and 26 October of each year until the maturity date Books close: 27 January, 26 April, 27 July and 27 October of each year until the maturity date Maturity date: 31 January 2030, subject to paragraph 51 of the pricing supplement Debt security code: FRC418 ISIN: ZAG000187527 Coupon rate: 3 Month JIBAR plus 385.49 basis points for all interest periods commencing from the issue date and ending on but excluding 31 May 2027, subject to a maximum rate of 11.6819% and 10.2364% for all interest periods commencing from 31 May 2027 and ending on but excluding the maturity date Interest determination date(s): For all interest periods commencing from the issue date and ending on but excluding 31 May 2027, the first business day of each interest period, with the first interest determination date being the issue date First interest payment date: 31 August 2022 Interest payment date(s): 28 February, 31 May, 31 August and 30 November of each year until the maturity date Last day to register: By 17:00 on 23 February, 26 May, 26 August and 25 November of each year until the maturity date Books close: 24 February, 27 May, 27 August and 26 November of each year until the maturity date Maturity date: 28 February 2035, subject to paragraph 51 of the pricing supplement Debt security code: FRC419 ISIN: ZAG000187568 Coupon rate: 3 Month JIBAR plus 398.81 basis points for all interest periods commencing from the issue date and ending on but excluding 30 April 2029, subject to a maximum rate of 12.2321% and 10.2590% for all interest periods commencing from 30 April 2029 and ending on but excluding the maturity date Interest determination date(s): For all interest periods commencing from the issue date and ending on but excluding 30 April 2029, the first business day of each interest period, with the first interest determination date being the issue date First interest payment date: 31 July 2022 Interest payment date(s): 31 January, 30 April, 31 July and 31 October of each year until the maturity date Last day to register: By 17:00 on 26 January, 25 April, 26 July and 26 October of each year until the maturity date Books close: 27 January, 26 April, 27 July and 27 October of each year until the maturity date Maturity date: 31 January 2040, subject to paragraph 51 of the pricing supplement Nominal issued: ZAR 50 000 000.00 Type of debt security: Credit linked notes Issue date: 28 June 2022 Issue price: 100% of par Interest commencement date: 28 June 2022 Business day convention: Modified following business day Final maturity amount: 100% of the aggregate nominal amount Other: The pricing supplements contain additional terms and conditions to the terms and conditions as contained in the programme Summary of additional terms: Please refer to the mixed rate note provisions, cessation of interest, reference obligation early redemption event, the early redemption at the option of the issuer, the early redemption amount and the credit linked notes provisions as contained in the pricing supplements Programme amount: ZAR 60 000 000 000.00 Total notes in issue under programme: ZAR 29 808 834 399.30 as at the signature date of the FRC419 pricing supplement Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited 27 June 2022 Debt Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 27-06-2022 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Issue of ZAR 150,000,000 Index Securities due 29 June 2027 - ZA241 BNP Paribas Issuance B.V Stock Code: ZA241 ISIN Code: ZAE000311551 Dated: 27 June 2022 Issue of ZAR 150,000,000 Index Securities due 29 June 2027 The JSE Limited has granted a listing to BNP Paribas Issuance B.V. - ZA241 Index Securities due 29 June 2027, under its Note, Warrant and Certificate Programme dated 1 June 2022 (read with the JSE Placement Document dated 1 September 2016) as supplemented from time to time. Authorised Programme size Unlimited Total securities issued ZAR10,498,279,721 Full Note details are as follows: Nominal Issued: ZAR 150,000,000 Issue Price: ZAR1000 per certificate Type of Securities: Index Securities Underlying Index: MSCI World IMI Select Trend Accelerators Index - PR EUR (Bloomberg: MXWOTAPE Index) Settlement Date: 28 June 2022 Declaration Date: 7 June 2027 Last day to trade: 22 June 2027 Ex-Date: 23 June 2027 Record Date: 25 June 2027 Maturity Date: 29 June 2027 Placement Agent: BNP Paribas Arbitrage S.N.C. Settlement will take place electronically in terms of JSE Rules. For further information on the Securities issued please contact: Michael Schneider BNP Tel:(+33)140 1496 15 Sponsor: The Standard Bank of South Africa Limited, acting through its Corporate and Investment Banking division Date: 27-06-2022 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Daily share buy back notice South32 Limited (Incorporated in Australia under the Corporations Act 2001 (Cth)) (ACN 093 732 597) ASX / LSE / JSE Share Code: S32; ADR: SOUHY ISIN: AU000000S320 south32.net SOUTH32 LIMITED DAILY SHARE BUY-BACK NOTICE The daily share buy-back notice (Appendix 3E) lodged on the Australian Securities Exchange and voluntarily disclosed on the Johannesburg Stock Exchange and London Stock Exchange has today been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism: • South32 Limited - Daily share buy-back notice - Appendix 3E About us South32 is a globally diversified mining and metals company. Our purpose is to make a difference by developing natural resources, improving people's lives now and for generations to come. We are trusted by our owners and partners to realise the potential of their resources. We produce commodities including bauxite, alumina, aluminium, copper, silver, lead, zinc, nickel, metallurgical coal and manganese from our operations in Australia, Southern Africa and South America. With a focus on growing our base metals exposure, we also have two development options in North America and several partnerships with junior explorers around the world. Investor Relations Alex Volante Tom Gallop T +61 8 9324 9029 T +61 8 9324 9030 M +61 403 328 408 M +61 439 353 948 E Alex.Volante@south32.net E Tom.Gallop@south32.net Media Relations Jamie Macdonald Miles Godfrey T +61 8 9324 9000 T +61 8 9324 9000 M +61 408 925 140 M +61 415 325 906 E Jamie.Macdonald@south32.net E Miles.Godfrey@south32.net Further information on South32 can be found at www.south32.net. JSE Sponsor: The Standard Bank of South Africa Limited 27 June 2022 Date: 27-06-2022 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Transaction in own shares British American Tobacco p.l.c. Incorporated in England and Wales (Registration number: 03407696) Short name: BATS Share code: BTI ISIN number: GB0002875804 ("British American Tobacco p.l.c." or "the Company") British American Tobacco p.l.c. British American Tobacco p.l.c. 27 June 2022 TRANSACTION IN OWN SHARES British American Tobacco p.l.c. (the "Company") announces that in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 28 April 2022 it purchased the following number of its ordinary shares of 25 pence each ("shares") from UBS AG as part of its buyback programme announced on 11 February 2022: Date of purchase: 24 June 2022 Number of ordinary shares of 25 pence each 523,000 purchased: Highest price paid per share (pence): 3531.00p Lowest price paid per share (pence): 3429.50p Volume weighted average price paid per share 3479.4083p (pence): The Company intends to hold the purchased shares in Treasury. Following the purchase of these shares, the Company holds 198,393,229 of its shares in Treasury. The Company has 2,258,395,663 ordinary shares in issue (excluding Treasury shares). In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 as it applies in the UK, a schedule of individual trades carried out by UBS AG on 24 June 2022 is set out below. Enquiries: Investor Relations British American Tobacco Investor Relations Mike Nightingale / Victoria Buxton / William Houston / John Harney +44 (0) 20 7845 1180 / 2012 / 1138 / 1263 Schedule of purchases - aggregate information Daily total Daily Transaction volume (in weighted Issuer name ISIN Code Platform date number of average price shares) of shares acquired British American GB0002875804 24/06/2022 353,000 3,479.7415 LSE Tobacco p.l.c. British American GB0002875804 24/06/2022 120,000 3,478.7375 CHIX Tobacco p.l.c. British American GB0002875804 24/06/2022 50,000 3,478.6657 BATE Tobacco p.l.c. Schedule of purchases - individual transactions Number of Transaction Market Time of shares price transaction purchased (per share) Quantity Price Market Execution Time 147 3531.000 LSE 16:23:37 51 3531.000 LSE 16:23:37 118 3531.000 LSE 16:23:37 200 3531.000 LSE 16:23:37 217 3531.000 LSE 16:23:33 118 3531.000 LSE 16:23:33 200 3531.000 LSE 16:23:33 566 3531.000 LSE 16:23:29 224 3531.000 LSE 16:23:29 217 3531.000 LSE 16:23:29 2282 3531.000 LSE 16:23:29 1631 3531.000 LSE 16:23:29 513 3531.000 LSE 16:23:29 785 3529.500 LSE 16:23:12 97 3529.500 LSE 16:23:12 494 3529.500 LSE 16:23:12 149 3529.000 LSE 16:23:00 116 3529.000 LSE 16:22:59 116 3529.000 LSE 16:22:59 98 3529.000 LSE 16:22:59 120 3529.000 LSE 16:22:59 400 3528.500 LSE 16:22:46 903 3528.500 LSE 16:22:44 225 3529.000 LSE 16:22:43 255 3529.000 LSE 16:22:43 14 3529.000 LSE 16:22:39 283 3529.000 LSE 16:22:39 588 3529.000 LSE 16:22:39 179 3529.000 LSE 16:22:39 224 3529.500 LSE 16:22:34 217 3529.500 LSE 16:22:34 200 3529.500 LSE 16:22:34 224 3529.500 LSE 16:22:34 217 3529.500 LSE 16:22:34 605 3529.500 LSE 16:22:34 253 3529.000 LSE 16:22:16 50 3529.000 LSE 16:22:16 400 3529.000 LSE 16:22:16 239 3529.000 LSE 16:22:12 200 3529.000 LSE 16:22:12 550 3529.000 LSE 16:22:12 549 3529.000 LSE 16:22:12 145 3529.500 LSE 16:22:02 200 3529.500 LSE 16:22:02 604 3529.500 LSE 16:22:00 289 3529.000 LSE 16:21:43 96 3529.000 LSE 16:21:43 589 3529.000 LSE 16:21:43 512 3529.000 LSE 16:21:43 578 3529.500 LSE 16:21:24 75 3530.000 LSE 16:21:22 200 3530.000 LSE 16:21:22 217 3530.000 LSE 16:21:22 771 3530.000 LSE 16:21:22 224 3530.500 LSE 16:21:22 200 3530.500 LSE 16:21:22 217 3530.500 LSE 16:21:22 602 3530.500 LSE 16:21:22 565 3530.500 LSE 16:21:22 966 3531.000 LSE 16:21:20 103 3531.000 LSE 16:21:20 109 3531.000 LSE 16:21:20 267 3531.000 LSE 16:21:20 273 3531.000 LSE 16:21:20 34 3531.000 LSE 16:21:20 283 3531.000 LSE 16:21:20 210 3531.000 LSE 16:21:20 110 3531.000 LSE 16:21:20 191 3530.500 LSE 16:21:09 208 3530.500 LSE 16:21:09 187 3530.000 LSE 16:21:01 49 3530.000 LSE 16:21:01 187 3530.000 LSE 16:21:01 170 3530.000 LSE 16:21:01 520 3529.500 LSE 16:20:49 174 3530.000 LSE 16:20:48 283 3530.000 LSE 16:20:48 76 3530.000 LSE 16:20:48 7 3529.500 LSE 16:20:43 283 3529.500 LSE 16:20:43 559 3528.000 LSE 16:20:35 713 3528.000 LSE 16:20:35 224 3528.500 LSE 16:20:29 217 3528.500 LSE 16:20:29 200 3528.500 LSE 16:20:29 1179 3528.500 LSE 16:20:27 571 3528.500 LSE 16:20:27 118 3528.000 LSE 16:20:18 38 3528.000 LSE 16:20:18 3 3528.000 LSE 16:20:18 142 3528.000 LSE 16:20:05 200 3528.000 LSE 16:20:05 93 3528.000 LSE 16:20:05 217 3528.000 LSE 16:20:05 224 3528.000 LSE 16:20:05 581 3527.500 LSE 16:20:05 123 3528.000 LSE 16:20:05 573 3527.500 LSE 16:20:05 117 3528.000 LSE 16:20:03 110 3528.000 LSE 16:20:03 275 3528.000 LSE 16:20:03 83 3527.500 LSE 16:20:00 461 3527.500 LSE 16:19:58 142 3527.500 LSE 16:19:58 260 3527.000 LSE 16:19:48 530 3527.000 LSE 16:19:35 813 3527.000 LSE 16:19:35 283 3527.500 LSE 16:19:29 188 3527.500 LSE 16:19:29 524 3527.500 LSE 16:19:26 597 3527.500 LSE 16:19:26 48 3528.000 LSE 16:19:21 68 3528.000 LSE 16:19:21 155 3528.000 LSE 16:19:21 288 3528.000 LSE 16:19:21 66 3528.000 LSE 16:19:21 224 3528.000 LSE 16:19:21 59 3528.000 LSE 16:19:21 675 3528.000 LSE 16:19:21 600 3528.000 LSE 16:19:21 166 3527.000 LSE 16:18:54 109 3527.000 LSE 16:18:54 244 3527.000 LSE 16:18:54 28 3527.000 LSE 16:18:54 279 3527.000 LSE 16:18:54 230 3526.500 LSE 16:18:35 427 3526.500 LSE 16:18:35 118 3526.500 LSE 16:18:35 16 3526.500 LSE 16:18:35 647 3526.000 LSE 16:18:13 200 3526.500 LSE 16:18:11 200 3526.500 LSE 16:18:11 224 3526.500 LSE 16:18:11 200 3526.500 LSE 16:18:11 118 3526.500 LSE 16:18:11 80 3526.500 LSE 16:18:11 217 3526.500 LSE 16:18:11 200 3526.500 LSE 16:18:11 170 3526.500 LSE 16:18:03 529 3526.500 LSE 16:18:03 76 3526.500 LSE 16:18:03 134 3526.500 LSE 16:18:03 123 3526.500 LSE 16:18:03 260 3526.500 LSE 16:18:03 151 3526.500 LSE 16:18:03 161 3526.500 LSE 16:18:03 217 3526.500 LSE 16:18:03 167 3526.500 LSE 16:18:03 224 3526.500 LSE 16:18:03 142 3526.500 LSE 16:18:03 621 3526.000 LSE 16:18:03 125 3526.000 CHIX 16:17:59 323 3526.000 BATE 16:17:59 368 3526.000 CHIX 16:17:59 59 3526.000 LSE 16:17:58 379 3526.000 LSE 16:17:57 601 3526.000 CHIX 16:17:36 603 3524.500 LSE 16:17:04 200 3525.000 LSE 16:17:03 237 3525.000 LSE 16:17:03 217 3525.000 LSE 16:17:02 200 3525.000 LSE 16:17:02 217 3525.000 LSE 16:17:02 200 3525.000 LSE 16:17:02 170 3525.000 LSE 16:17:02 224 3525.000 LSE 16:17:02 220 3525.000 LSE 16:17:02 200 3525.000 LSE 16:17:02 291 3525.000 CHIX 16:17:02 343 3525.000 CHIX 16:17:00 217 3525.500 LSE 16:16:49 200 3525.500 LSE 16:16:49 107 3525.500 LSE 16:16:49 499 3525.500 LSE 16:16:43 200 3525.500 LSE 16:16:43 224 3525.500 LSE 16:16:43 217 3525.500 LSE 16:16:43 200 3525.500 LSE 16:16:43 1057 3525.500 LSE 16:16:43 951 3525.500 LSE 16:16:41 2600 3525.500 LSE 16:16:40 27 3525.500 LSE 16:16:40 317 3525.500 LSE 16:16:36 187 3525.500 LSE 16:16:36 1584 3525.000 LSE 16:16:21 170 3525.000 LSE 16:16:21 638 3525.000 BATE 16:16:20 144 3524.500 CHIX 16:15:38 229 3524.500 CHIX 16:15:38 229 3524.500 CHIX 16:15:38 421 3519.500 CHIX 16:13:31 34 3519.500 CHIX 16:13:31 132 3519.500 CHIX 16:13:31 66 3520.000 BATE 16:12:40 286 3520.000 BATE 16:12:36 350 3520.000 BATE 16:12:35 586 3520.500 CHIX 16:12:30 573 3519.000 CHIX 16:10:43 300 3519.500 CHIX 16:10:23 229 3519.500 CHIX 16:10:23 215 3517.500 BATE 16:08:29 31 3517.500 BATE 16:08:29 61 3517.500 BATE 16:08:29 270 3517.500 BATE 16:08:29 61 3517.500 BATE 16:08:29 347 3518.000 CHIX 16:08:27 274 3518.000 CHIX 16:08:09 668 3518.500 CHIX 16:06:43 367 3524.000 CHIX 16:05:14 198 3524.000 CHIX 16:05:14 10 3524.000 CHIX 16:05:14 643 3524.500 BATE 16:04:47 682 3525.000 CHIX 16:04:38 609 3525.000 CHIX 16:02:38 96 3525.000 BATE 16:01:49 94 3525.000 BATE 16:01:49 521 3525.000 BATE 16:01:49 706 3525.500 CHIX 16:01:26 96 3521.000 CHIX 15:59:26 594 3521.000 CHIX 15:59:26 572 3522.000 CHIX 15:59:11 331 3520.000 BATE 15:57:41 299 3520.000 BATE 15:57:41 578 3520.500 CHIX 15:57:40 573 3520.500 CHIX 15:56:36 607 3519.000 CHIX 15:54:50 684 3519.000 BATE 15:54:38 664 3521.000 CHIX 15:53:11 40 3521.500 CHIX 15:52:54 574 3518.500 CHIX 15:51:40 280 3517.000 BATE 15:49:35 42 3517.000 BATE 15:49:35 390 3517.000 BATE 15:49:35 653 3517.500 CHIX 15:49:33 647 3518.500 CHIX 15:47:58 670 3520.500 BATE 15:47:07 591 3521.000 CHIX 15:47:04 403 3520.000 CHIX 15:44:26 192 3520.000 CHIX 15:44:25 322 3516.500 BATE 15:43:00 81 3516.500 BATE 15:43:00 210 3516.500 BATE 15:43:00 662 3516.500 CHIX 15:43:00 463 3512.500 CHIX 15:41:42 119 3512.500 CHIX 15:41:34 614 3513.500 CHIX 15:40:17 516 3513.500 BATE 15:38:26 675 3513.500 CHIX 15:38:26 29 3513.500 BATE 15:38:26 40 3513.500 BATE 15:38:26 67 3513.500 BATE 15:38:26 197 3513.000 CHIX 15:36:36 511 3513.000 CHIX 15:36:36 639 3510.500 CHIX 15:34:49 673 3508.000 CHIX 15:34:00 642 3508.000 BATE 15:34:00 399 3509.500 CHIX 15:30:53 281 3509.500 CHIX 15:30:53 513 3511.000 BATE 15:30:08 104 3511.000 BATE 15:30:08 604 3511.500 CHIX 15:29:54 563 3512.500 LSE 15:28:43 160 3513.500 LSE 15:28:23 231 3513.500 LSE 15:28:23 116 3513.500 LSE 15:28:23 538 3513.500 LSE 15:28:23 337 3513.500 CHIX 15:27:39 248 3513.500 CHIX 15:27:39 526 3514.000 LSE 15:27:39 610 3514.000 BATE 15:27:39 231 3514.500 LSE 15:27:30 220 3514.500 LSE 15:27:30 301 3514.000 LSE 15:26:49 238 3514.000 LSE 15:26:49 531 3514.000 LSE 15:26:49 408 3512.500 LSE 15:26:25 161 3512.500 LSE 15:26:25 575 3512.500 CHIX 15:26:25 550 3512.000 LSE 15:25:58 591 3512.000 LSE 15:25:13 529 3512.000 CHIX 15:25:13 86 3512.000 CHIX 15:25:13 510 3512.500 LSE 15:25:10 619 3512.500 LSE 15:23:45 589 3512.500 LSE 15:23:45 586 3509.000 LSE 15:22:46 692 3509.000 CHIX 15:22:46 200 3510.500 LSE 15:22:46 629 3510.500 BATE 15:22:46 409 3510.500 LSE 15:22:46 364 3511.000 LSE 15:22:24 160 3511.000 LSE 15:22:24 506 3511.000 LSE 15:22:24 520 3509.500 LSE 15:20:55 559 3509.500 LSE 15:20:55 468 3509.500 CHIX 15:20:55 144 3509.500 CHIX 15:20:55 73 3509.500 CHIX 15:20:55 597 3509.500 CHIX 15:20:55 748 3509.500 LSE 15:20:55 238 3510.000 LSE 15:20:54 647 3507.500 LSE 15:19:56 231 3507.500 LSE 15:19:56 238 3507.500 LSE 15:19:56 168 3507.500 LSE 15:19:56 179 3507.000 LSE 15:18:27 150 3507.000 LSE 15:18:27 238 3507.000 LSE 15:18:27 150 3507.000 CHIX 15:18:27 200 3507.000 CHIX 15:18:27 8 3507.000 BATE 15:18:27 561 3507.000 LSE 15:18:27 594 3507.000 BATE 15:18:27 581 3505.500 LSE 15:17:27 165 3506.000 CHIX 15:17:23 559 3506.000 LSE 15:17:23 482 3506.000 CHIX 15:17:23 535 3506.500 LSE 15:17:22 535 3505.000 LSE 15:16:22 238 3505.500 LSE 15:16:21 220 3505.500 LSE 15:16:21 117 3505.500 LSE 15:16:21 154 3502.500 LSE 15:15:06 231 3502.500 LSE 15:15:06 238 3502.500 LSE 15:15:06 161 3503.500 CHIX 15:15:04 100 3503.500 CHIX 15:15:04 422 3503.500 CHIX 15:15:04 578 3503.500 LSE 15:15:04 548 3503.000 LSE 15:14:36 480 3503.500 BATE 15:13:55 219 3503.500 BATE 15:13:55 31 3503.500 LSE 15:13:55 529 3503.500 LSE 15:13:55 593 3504.000 LSE 15:13:52 633 3502.500 LSE 15:13:32 654 3502.500 CHIX 15:13:32 546 3503.000 LSE 15:13:30 520 3503.000 CHIX 15:13:30 94 3503.000 CHIX 15:13:30 584 3502.000 LSE 15:12:11 570 3501.500 LSE 15:11:40 571 3500.500 BATE 15:11:08 18 3501.000 LSE 15:11:05 569 3501.000 LSE 15:11:05 510 3501.000 LSE 15:10:53 6 3501.000 LSE 15:10:53 648 3501.000 CHIX 15:10:53 507 3501.000 LSE 15:10:23 550 3500.000 LSE 15:09:35 536 3500.500 LSE 15:09:34 561 3500.500 CHIX 15:09:34 85 3500.500 CHIX 15:09:34 231 3501.000 LSE 15:09:34 238 3501.000 LSE 15:09:34 2 3501.000 LSE 15:09:34 190 3499.500 LSE 15:09:04 231 3499.500 LSE 15:09:04 238 3499.500 LSE 15:09:04 513 3497.500 LSE 15:08:26 588 3497.500 CHIX 15:08:26 231 3498.000 LSE 15:08:07 136 3498.000 LSE 15:08:07 541 3497.000 LSE 15:06:58 644 3497.000 BATE 15:06:58 452 3497.000 LSE 15:06:18 147 3497.000 LSE 15:06:18 595 3497.000 CHIX 15:06:18 501 3497.500 LSE 15:06:15 52 3497.500 LSE 15:06:06 520 3498.000 LSE 15:06:02 543 3497.500 LSE 15:05:14 231 3497.500 LSE 15:04:49 657 3497.500 CHIX 15:04:49 94 3497.500 LSE 15:04:49 286 3497.500 LSE 15:04:49 519 3498.500 LSE 15:04:09 73 3498.500 LSE 15:04:09 531 3499.000 LSE 15:04:01 575 3498.000 LSE 15:03:40 619 3499.000 LSE 15:03:34 551 3499.000 LSE 15:03:34 397 3499.000 BATE 15:03:34 653 3499.000 CHIX 15:03:34 59 3499.000 LSE 15:03:34 556 3499.000 LSE 15:03:34 222 3499.000 BATE 15:03:34 503 3498.500 LSE 15:02:48 12 3496.000 LSE 15:02:10 2 3496.000 LSE 15:02:10 514 3496.000 LSE 15:02:10 93 3496.000 CHIX 15:02:10 11 3496.000 CHIX 15:02:10 511 3496.000 CHIX 15:02:10 656 3495.500 BATE 15:01:42 602 3496.500 LSE 15:01:42 558 3497.000 LSE 15:01:38 92 3497.000 LSE 15:01:38 200 3497.000 LSE 15:01:38 259 3497.000 LSE 15:01:38 2 3497.000 LSE 15:01:38 625 3497.000 LSE 15:01:38 595 3497.000 CHIX 15:01:38 86 3494.500 LSE 15:00:34 446 3494.500 LSE 15:00:34 149 3495.000 LSE 15:00:33 42 3495.000 LSE 15:00:33 75 3495.000 LSE 15:00:33 502 3495.000 LSE 15:00:33 600 3495.000 CHIX 15:00:33 602 3495.000 LSE 15:00:33 527 3491.500 LSE 15:00:00 508 3492.000 LSE 14:59:22 516 3492.500 LSE 14:59:22 517 3492.500 CHIX 14:59:22 110 3492.500 LSE 14:59:22 108 3492.500 CHIX 14:59:22 72 3492.500 LSE 14:58:59 17 3492.500 LSE 14:58:53 156 3492.500 LSE 14:58:53 18 3492.500 LSE 14:58:47 21 3492.500 LSE 14:58:47 14 3492.500 LSE 14:58:47 2 3492.500 LSE 14:58:47 146 3492.500 LSE 14:58:44 598 3491.500 LSE 14:58:25 619 3492.000 LSE 14:58:25 100 3492.000 LSE 14:58:15 150 3492.000 LSE 14:58:15 510 3492.000 LSE 14:58:15 7 3489.500 BATE 14:57:34 605 3490.000 CHIX 14:57:34 587 3490.000 LSE 14:57:34 685 3489.500 BATE 14:57:34 571 3490.500 LSE 14:57:29 197 3486.500 LSE 14:56:29 348 3487.000 LSE 14:56:19 153 3487.000 LSE 14:56:19 578 3487.500 LSE 14:56:03 693 3488.000 LSE 14:56:02 637 3488.000 CHIX 14:56:02 106 3488.500 CHIX 14:56:02 188 3488.500 CHIX 14:56:02 56 3488.500 BATE 14:56:02 12 3488.500 LSE 14:56:02 543 3488.500 BATE 14:56:02 54 3488.500 LSE 14:56:02 754 3488.500 LSE 14:56:02 375 3488.500 CHIX 14:56:02 200 3488.000 LSE 14:55:31 231 3488.000 LSE 14:55:31 190 3488.000 LSE 14:55:31 1028 3488.000 LSE 14:55:31 64 3488.000 LSE 14:55:31 73 3485.500 CHIX 14:54:56 291 3485.500 CHIX 14:54:56 103 3485.500 CHIX 14:54:56 95 3483.000 LSE 14:54:03 434 3483.000 LSE 14:54:03 137 3483.500 LSE 14:54:00 190 3483.500 LSE 14:54:00 59 3483.500 LSE 14:54:00 119 3483.500 LSE 14:54:00 252 3479.000 LSE 14:53:21 307 3479.000 LSE 14:53:21 12 3479.000 LSE 14:53:19 530 3479.000 LSE 14:53:01 460 3480.000 LSE 14:52:32 77 3480.000 LSE 14:52:32 413 3480.500 LSE 14:52:24 125 3480.500 LSE 14:52:24 603 3480.500 CHIX 14:52:24 498 3480.000 LSE 14:52:00 92 3480.000 LSE 14:52:00 256 3480.000 BATE 14:52:00 405 3480.000 BATE 14:52:00 206 3480.000 CHIX 14:51:48 344 3480.000 CHIX 14:51:48 254 3480.000 LSE 14:51:48 31 3480.000 CHIX 14:51:48 43 3480.000 CHIX 14:51:48 265 3480.000 LSE 14:51:48 268 3478.500 LSE 14:50:45 325 3478.500 LSE 14:50:45 492 3480.000 LSE 14:50:12 132 3480.000 LSE 14:50:12 624 3480.000 LSE 14:50:12 623 3481.000 LSE 14:50:12 690 3481.000 CHIX 14:50:12 231 3481.500 LSE 14:50:01 438 3481.500 LSE 14:50:01 582 3480.500 LSE 14:49:51 192 3476.000 LSE 14:48:57 353 3476.000 LSE 14:48:57 403 3476.000 CHIX 14:48:57 249 3476.000 CHIX 14:48:57 356 3475.000 CHIX 14:48:03 78 3475.000 CHIX 14:48:03 98 3475.000 LSE 14:48:03 260 3475.000 BATE 14:48:02 238 3475.000 CHIX 14:48:02 194 3475.000 BATE 14:48:02 248 3475.000 BATE 14:48:02 93 3475.500 LSE 14:47:58 446 3475.500 LSE 14:47:58 31 3475.500 LSE 14:47:58 190 3475.500 LSE 14:47:58 185 3475.500 LSE 14:47:58 220 3475.500 LSE 14:47:58 264 3475.500 LSE 14:47:58 337 3475.500 LSE 14:47:58 300 3473.500 LSE 14:46:45 28 3473.500 LSE 14:46:41 570 3473.500 LSE 14:46:41 544 3474.000 LSE 14:46:15 72 3474.000 LSE 14:46:15 672 3474.000 CHIX 14:46:15 59 3474.500 CHIX 14:46:07 583 3474.000 LSE 14:45:39 516 3474.500 LSE 14:45:13 165 3475.500 CHIX 14:44:49 417 3475.500 CHIX 14:44:49 567 3476.000 LSE 14:44:49 631 3476.000 BATE 14:44:49 521 3476.500 LSE 14:44:44 32 3476.500 LSE 14:44:44 185 3477.000 LSE 14:44:35 190 3477.000 LSE 14:44:35 200 3477.000 LSE 14:44:35 608 3477.000 LSE 14:44:35 536 3473.000 CHIX 14:43:42 85 3473.000 CHIX 14:43:42 608 3473.500 LSE 14:43:42 622 3473.500 LSE 14:43:21 273 3474.000 LSE 14:43:17 289 3474.000 LSE 14:43:17 500 3474.500 CHIX 14:43:05 15 3474.500 CHIX 14:43:05 416 3474.500 LSE 14:43:05 96 3474.500 CHIX 14:43:05 185 3474.500 LSE 14:43:05 530 3475.000 LSE 14:43:05 507 3475.500 LSE 14:42:25 72 3476.000 LSE 14:42:19 628 3476.000 BATE 14:42:18 17 3476.000 BATE 14:42:18 507 3476.000 LSE 14:42:18 582 3476.000 CHIX 14:42:18 520 3476.500 LSE 14:42:03 579 3475.000 LSE 14:41:26 569 3476.000 LSE 14:41:24 208 3477.000 LSE 14:41:02 385 3477.000 LSE 14:41:02 145 3477.500 LSE 14:40:58 457 3477.500 LSE 14:40:58 190 3478.000 LSE 14:40:58 185 3478.000 LSE 14:40:58 200 3478.000 LSE 14:40:58 600 3473.000 CHIX 14:40:36 71 3473.000 CHIX 14:40:36 429 3473.000 LSE 14:40:36 221 3473.000 LSE 14:40:36 616 3473.500 LSE 14:40:34 575 3473.500 CHIX 14:40:34 599 3473.500 BATE 14:40:34 63 3472.000 LSE 14:39:55 623 3473.000 LSE 14:39:20 266 3474.000 LSE 14:39:11 74 3474.000 LSE 14:39:11 150 3474.000 LSE 14:39:11 11 3474.000 LSE 14:39:11 634 3474.500 CHIX 14:39:06 507 3475.000 LSE 14:39:06 600 3475.000 LSE 14:38:38 1 3475.000 LSE 14:38:38 622 3476.000 LSE 14:38:30 603 3476.000 LSE 14:38:04 578 3475.500 CHIX 14:37:45 120 3475.500 CHIX 14:37:45 555 3476.000 LSE 14:37:45 410 3477.000 LSE 14:37:34 93 3477.000 LSE 14:37:34 560 3477.500 LSE 14:37:34 587 3478.000 LSE 14:37:30 583 3477.500 CHIX 14:37:17 663 3477.500 BATE 14:37:17 551 3477.500 LSE 14:37:17 552 3475.500 LSE 14:36:27 9 3477.500 LSE 14:36:16 144 3477.500 LSE 14:36:16 185 3477.500 LSE 14:36:16 190 3477.500 LSE 14:36:16 611 3477.500 LSE 14:36:16 348 3477.500 CHIX 14:36:16 305 3477.500 CHIX 14:36:16 610 3478.500 LSE 14:35:40 350 3478.500 CHIX 14:35:40 255 3478.500 CHIX 14:35:40 505 3479.000 LSE 14:35:39 190 3479.500 LSE 14:35:38 160 3479.500 LSE 14:35:38 185 3479.500 LSE 14:35:38 571 3479.500 LSE 14:35:38 253 3479.500 BATE 14:35:38 134 3479.500 BATE 14:35:38 256 3479.500 BATE 14:35:38 609 3479.500 CHIX 14:35:38 190 3477.500 LSE 14:34:43 180 3477.500 LSE 14:34:43 89 3477.500 LSE 14:34:43 316 3477.500 LSE 14:34:43 265 3477.500 LSE 14:34:43 588 3478.000 LSE 14:34:41 680 3478.000 CHIX 14:34:41 643 3479.000 LSE 14:34:32 393 3479.000 BATE 14:34:32 591 3479.000 CHIX 14:34:32 102 3479.000 BATE 14:34:32 112 3479.000 BATE 14:34:32 13 3479.500 LSE 14:34:23 577 3479.500 LSE 14:34:23 400 3479.500 LSE 14:34:23 117 3479.500 LSE 14:34:23 66 3479.500 LSE 14:34:23 118 3479.000 LSE 14:34:15 185 3479.000 LSE 14:34:15 511 3479.000 LSE 14:34:15 76 3479.000 LSE 14:34:06 701 3479.000 LSE 14:34:06 8 3479.000 LSE 14:34:06 89 3479.000 LSE 14:34:06 34 3479.000 LSE 14:34:06 105 3478.000 CHIX 14:33:54 562 3478.500 LSE 14:33:28 570 3479.000 LSE 14:33:05 14 3479.000 LSE 14:33:05 605 3479.000 LSE 14:32:59 108 3478.000 LSE 14:32:24 450 3478.000 LSE 14:32:24 572 3478.000 CHIX 14:32:24 596 3479.000 LSE 14:32:22 586 3481.000 LSE 14:31:58 34 3482.000 BATE 14:31:58 273 3482.000 BATE 14:31:54 87 3482.000 BATE 14:31:53 173 3482.000 BATE 14:31:53 15 3482.000 BATE 14:31:53 516 3482.500 LSE 14:31:53 28 3482.500 LSE 14:31:53 526 3483.000 LSE 14:31:50 632 3483.000 CHIX 14:31:50 558 3483.500 LSE 14:31:46 731 3484.000 LSE 14:31:41 327 3484.000 CHIX 14:31:41 291 3484.000 CHIX 14:31:41 14 3484.500 LSE 14:31:38 174 3484.500 LSE 14:31:38 558 3484.500 LSE 14:31:38 103 3484.500 LSE 14:31:38 563 3484.500 LSE 14:31:38 14 3484.500 LSE 14:31:38 112 3484.500 LSE 14:31:38 188 3484.500 LSE 14:31:37 617 3484.500 LSE 14:31:27 4 3484.500 LSE 14:31:27 70 3482.500 LSE 14:31:19 673 3478.500 LSE 14:30:45 183 3479.000 BATE 14:30:36 392 3479.000 BATE 14:30:36 785 3479.500 LSE 14:30:36 118 3480.000 LSE 14:30:31 60 3480.000 CHIX 14:30:31 321 3480.000 CHIX 14:30:31 100 3480.000 CHIX 14:30:31 199 3480.000 CHIX 14:30:31 532 3480.500 LSE 14:30:31 616 3480.500 CHIX 14:30:31 419 3480.500 BATE 14:30:31 179 3480.500 BATE 14:30:31 25 3480.000 LSE 14:30:13 190 3480.000 LSE 14:30:13 118 3479.500 LSE 14:30:13 103 3480.000 LSE 14:30:13 200 3480.000 LSE 14:30:13 526 3479.500 LSE 14:30:13 526 3480.000 LSE 14:30:13 200 3480.000 LSE 14:30:13 410 3472.500 CHIX 14:28:44 199 3472.500 CHIX 14:28:44 592 3474.000 LSE 14:27:51 632 3475.000 CHIX 14:27:20 46 3475.000 CHIX 14:27:20 332 3475.000 LSE 14:27:20 233 3475.000 LSE 14:27:17 582 3476.000 LSE 14:27:17 102 3476.000 LSE 14:26:25 444 3476.000 LSE 14:26:25 49 3476.000 LSE 14:26:25 607 3476.500 LSE 14:26:12 24 3476.500 LSE 14:26:12 121 3477.000 CHIX 14:26:03 522 3477.000 CHIX 14:26:03 626 3477.000 BATE 14:26:03 559 3477.000 LSE 14:26:03 46 3477.000 CHIX 14:25:37 556 3477.500 LSE 14:25:09 24 3477.500 LSE 14:25:09 416 3479.000 LSE 14:24:39 110 3479.000 LSE 14:24:39 622 3479.000 CHIX 14:24:39 750 3479.000 LSE 14:23:51 98 3479.500 LSE 14:23:21 524 3479.000 LSE 14:21:00 107 3479.000 BATE 14:21:00 593 3479.000 BATE 14:21:00 655 3479.000 CHIX 14:21:00 592 3479.000 LSE 14:20:05 12 3479.000 LSE 14:20:05 524 3478.500 LSE 14:19:06 573 3478.000 LSE 14:18:20 402 3478.000 LSE 14:17:05 103 3478.000 LSE 14:17:05 680 3478.000 CHIX 14:17:05 269 3478.500 LSE 14:16:33 354 3478.500 LSE 14:16:33 223 3476.500 LSE 14:15:08 10 3479.500 LSE 14:13:31 601 3479.500 LSE 14:13:31 695 3480.500 CHIX 14:13:02 440 3481.000 LSE 14:12:26 71 3481.000 LSE 14:12:12 378 3482.000 LSE 14:12:09 166 3482.000 LSE 14:11:36 616 3483.500 LSE 14:11:28 235 3483.500 CHIX 14:11:28 647 3483.500 BATE 14:11:28 454 3483.500 CHIX 14:11:28 338 3483.000 LSE 14:10:38 81 3483.000 LSE 14:10:38 81 3481.000 LSE 14:09:13 346 3481.000 LSE 14:09:13 170 3481.000 LSE 14:09:13 149 3481.000 LSE 14:09:13 384 3481.000 LSE 14:09:13 4 3481.000 LSE 14:09:13 764 3479.500 LSE 14:08:17 73 3479.500 LSE 14:08:17 94 3476.500 LSE 14:06:21 487 3476.500 LSE 14:06:21 587 3476.500 CHIX 14:06:21 455 3477.000 LSE 14:04:21 132 3477.000 LSE 14:04:21 530 3477.000 LSE 14:03:33 506 3477.000 CHIX 14:03:33 144 3477.000 CHIX 14:03:13 309 3478.000 LSE 14:00:51 289 3478.000 LSE 14:00:51 681 3479.000 LSE 14:00:51 601 3480.500 LSE 14:00:51 553 3480.500 LSE 14:00:51 681 3480.500 BATE 14:00:51 228 3480.500 CHIX 14:00:51 442 3480.500 CHIX 14:00:51 247 3480.000 LSE 13:59:57 357 3476.500 LSE 13:56:08 238 3476.500 LSE 13:56:08 97 3477.000 LSE 13:56:08 185 3477.000 LSE 13:56:08 152 3477.000 LSE 13:56:08 546 3477.500 LSE 13:56:08 168 3477.500 CHIX 13:56:08 480 3477.500 CHIX 13:56:08 122 3476.500 LSE 13:54:42 234 3476.500 LSE 13:54:42 344 3476.500 CHIX 13:54:42 200 3476.500 LSE 13:54:42 83 3476.500 BATE 13:54:42 621 3477.000 LSE 13:54:42 307 3476.500 CHIX 13:54:42 45 3476.500 BATE 13:54:42 627 3476.500 LSE 13:54:42 468 3476.500 BATE 13:54:42 123 3474.000 CHIX 13:50:36 45 3474.000 CHIX 13:50:36 115 3474.500 LSE 13:49:19 211 3474.500 LSE 13:49:19 214 3474.500 LSE 13:49:19 586 3477.000 LSE 13:48:40 577 3483.000 LSE 13:47:51 587 3483.000 CHIX 13:47:51 506 3485.000 LSE 13:46:18 570 3485.500 LSE 13:46:15 20 3485.500 LSE 13:45:53 378 3486.000 LSE 13:45:40 143 3486.000 LSE 13:45:40 58 3486.000 CHIX 13:45:40 500 3486.000 CHIX 13:45:40 100 3486.000 CHIX 13:45:40 573 3486.000 CHIX 13:44:19 577 3486.000 LSE 13:44:19 508 3486.500 LSE 13:43:51 491 3486.500 BATE 13:43:51 210 3486.500 BATE 13:43:51 560 3487.000 LSE 13:43:49 243 3487.000 LSE 13:43:49 300 3487.000 LSE 13:43:49 248 3483.500 LSE 13:39:36 254 3483.500 LSE 13:39:23 557 3483.500 LSE 13:38:04 471 3483.500 CHIX 13:38:04 133 3483.500 CHIX 13:38:04 539 3483.500 LSE 13:36:12 700 3483.500 BATE 13:36:12 547 3484.000 CHIX 13:35:03 51 3484.000 CHIX 13:35:03 88 3484.000 CHIX 13:35:03 758 3484.500 LSE 13:35:03 527 3485.000 LSE 13:35:00 584 3485.000 LSE 13:35:00 358 3485.500 LSE 13:35:00 210 3485.500 LSE 13:35:00 102 3483.000 LSE 13:34:07 58 3483.000 LSE 13:34:07 7 3483.000 LSE 13:34:07 571 3482.000 LSE 13:32:31 516 3482.500 LSE 13:31:39 377 3483.000 LSE 13:31:39 200 3483.000 LSE 13:31:39 104 3483.000 LSE 13:31:39 147 3483.000 LSE 13:31:39 152 3483.000 LSE 13:31:39 676 3483.000 CHIX 13:31:39 620 3478.500 LSE 13:29:01 123 3478.500 BATE 13:29:01 515 3478.500 BATE 13:29:01 664 3478.500 CHIX 13:29:01 171 3479.000 LSE 13:28:29 400 3479.000 LSE 13:28:29 110 3480.000 LSE 13:24:27 192 3480.000 LSE 13:24:27 53 3480.000 LSE 13:24:27 170 3480.000 LSE 13:24:27 507 3481.000 LSE 13:23:26 585 3481.000 CHIX 13:23:26 606 3481.000 LSE 13:21:17 610 3480.500 LSE 13:20:21 612 3480.500 LSE 13:19:10 590 3480.500 CHIX 13:19:10 96 3481.000 LSE 13:17:21 9 3481.500 LSE 13:17:21 360 3481.500 LSE 13:17:21 221 3481.500 LSE 13:17:21 13 3481.500 LSE 13:16:03 112 3482.500 LSE 13:16:02 97 3482.500 LSE 13:16:02 140 3482.500 LSE 13:16:02 67 3482.000 LSE 13:16:02 109 3482.000 LSE 13:16:02 215 3482.500 LSE 13:16:02 1284 3484.000 LSE 13:16:02 679 3484.000 BATE 13:16:02 618 3484.000 CHIX 13:16:02 725 3477.000 LSE 13:14:39 22 3477.000 LSE 13:14:39 666 3474.500 LSE 13:11:11 125 3475.000 CHIX 13:08:54 482 3475.000 CHIX 13:08:54 13 3475.000 CHIX 13:08:54 585 3475.000 LSE 13:08:54 602 3477.500 LSE 13:05:02 677 3478.500 CHIX 13:05:02 656 3478.500 LSE 13:05:02 601 3478.500 BATE 13:05:02 157 3479.000 LSE 13:05:01 152 3479.000 LSE 13:05:01 519 3473.500 LSE 13:00:44 25 3473.500 LSE 13:00:44 152 3473.500 LSE 13:00:44 150 3473.500 CHIX 13:00:44 102 3473.500 CHIX 13:00:44 180 3473.500 LSE 13:00:44 200 3473.500 LSE 13:00:44 512 3473.500 LSE 13:00:44 535 3473.000 LSE 12:57:46 470 3473.000 CHIX 12:57:46 143 3473.000 CHIX 12:57:44 611 3473.000 LSE 12:56:01 530 3473.000 LSE 12:53:59 563 3472.500 LSE 12:53:01 615 3473.000 BATE 12:52:56 4 3473.000 BATE 12:52:56 618 3473.000 CHIX 12:52:56 617 3473.000 LSE 12:52:56 620 3468.500 LSE 12:49:13 605 3468.000 LSE 12:47:06 634 3468.500 CHIX 12:47:05 566 3468.000 LSE 12:46:22 352 3466.500 LSE 12:42:35 199 3466.500 LSE 12:42:35 214 3466.500 CHIX 12:42:35 298 3466.500 CHIX 12:42:35 140 3466.500 CHIX 12:42:35 620 3467.000 LSE 12:40:33 81 3467.000 BATE 12:40:33 540 3467.000 BATE 12:40:33 513 3467.500 LSE 12:39:55 593 3469.000 LSE 12:37:56 534 3469.500 CHIX 12:37:20 59 3469.500 CHIX 12:37:20 624 3471.000 LSE 12:37:20 603 3472.000 LSE 12:34:08 141 3472.000 CHIX 12:34:08 442 3472.000 CHIX 12:34:08 144 3472.500 LSE 12:34:08 424 3472.500 LSE 12:34:08 346 3470.500 LSE 12:31:27 680 3470.000 CHIX 12:31:27 237 3470.500 LSE 12:31:27 118 3470.500 LSE 12:30:32 237 3470.500 LSE 12:30:32 190 3470.500 LSE 12:30:32 4 3470.500 LSE 12:30:32 488 3470.500 LSE 12:30:32 94 3470.500 LSE 12:30:32 581 3470.500 BATE 12:30:32 609 3470.500 CHIX 12:30:32 200 3470.500 LSE 12:29:07 152 3470.500 LSE 12:28:41 142 3470.500 LSE 12:28:41 87 3470.500 LSE 12:28:41 141 3470.500 LSE 12:28:41 82 3470.000 LSE 12:28:20 200 3470.000 LSE 12:28:20 506 3465.000 LSE 12:23:12 32 3465.000 LSE 12:23:12 587 3465.000 LSE 12:23:12 88 3465.000 LSE 12:22:56 157 3465.000 LSE 12:22:39 152 3465.000 LSE 12:22:39 25 3464.500 LSE 12:22:39 9 3465.000 LSE 12:22:36 519 3461.000 LSE 12:17:36 548 3461.500 LSE 12:17:35 370 3461.500 CHIX 12:17:35 289 3461.500 CHIX 12:17:35 103 3461.500 BATE 12:17:35 600 3461.500 BATE 12:17:35 115 3462.000 LSE 12:17:07 214 3462.000 LSE 12:17:07 596 3462.000 LSE 12:16:07 542 3461.500 LSE 12:14:08 687 3463.000 CHIX 12:14:02 508 3463.000 LSE 12:14:02 362 3463.500 LSE 12:09:45 202 3463.500 LSE 12:09:45 94 3464.500 LSE 12:08:49 418 3464.500 LSE 12:08:49 239 3465.500 LSE 12:07:10 349 3465.500 LSE 12:07:10 692 3465.500 CHIX 12:07:10 554 3464.500 LSE 12:05:09 534 3465.000 LSE 12:05:03 621 3466.000 LSE 12:05:03 661 3466.000 BATE 12:05:03 664 3466.000 CHIX 12:05:03 526 3466.000 LSE 12:02:56 418 3464.500 LSE 12:00:55 35 3464.500 LSE 12:00:55 154 3464.500 LSE 12:00:55 406 3464.500 CHIX 12:00:55 241 3464.500 CHIX 12:00:55 511 3465.000 LSE 11:59:52 566 3465.500 LSE 11:57:58 506 3466.500 LSE 11:56:33 200 3467.500 LSE 11:56:04 72 3467.500 LSE 11:56:04 157 3467.500 LSE 11:56:04 9 3467.500 LSE 11:56:04 100 3467.500 LSE 11:56:04 531 3468.000 LSE 11:56:04 596 3468.000 CHIX 11:56:04 660 3468.000 BATE 11:56:04 481 3464.500 CHIX 11:52:04 137 3465.000 LSE 11:52:02 425 3465.000 LSE 11:52:02 200 3463.500 LSE 11:49:04 118 3463.500 LSE 11:49:04 101 3463.500 LSE 11:49:04 84 3463.500 LSE 11:49:04 600 3463.500 LSE 11:49:04 664 3463.500 CHIX 11:49:04 560 3464.000 LSE 11:49:02 122 3462.500 LSE 11:47:45 170 3462.500 LSE 11:47:45 566 3460.500 LSE 11:45:43 532 3461.500 LSE 11:44:25 463 3461.500 BATE 11:44:25 708 3461.500 CHIX 11:44:25 129 3461.500 BATE 11:44:25 358 3462.000 LSE 11:44:14 105 3462.000 LSE 11:44:14 58 3462.000 LSE 11:44:14 566 3462.000 LSE 11:40:19 622 3463.000 LSE 11:38:01 447 3463.000 CHIX 11:38:01 194 3463.000 CHIX 11:38:01 306 3463.500 LSE 11:36:00 122 3463.500 LSE 11:36:00 180 3463.500 LSE 11:36:00 537 3463.500 LSE 11:36:00 524 3462.500 LSE 11:33:37 61 3462.500 BATE 11:33:37 275 3462.500 BATE 11:33:24 276 3462.500 BATE 11:32:56 510 3463.500 LSE 11:31:58 348 3464.000 CHIX 11:31:40 275 3464.000 CHIX 11:31:19 427 3464.500 LSE 11:30:03 194 3464.500 LSE 11:30:03 235 3465.000 LSE 11:29:38 271 3465.000 LSE 11:29:38 614 3466.500 LSE 11:28:16 585 3467.000 CHIX 11:26:13 387 3467.000 LSE 11:26:13 105 3467.000 CHIX 11:26:13 180 3467.000 LSE 11:26:08 14 3467.000 CHIX 11:26:01 106 3467.500 LSE 11:24:48 511 3467.500 LSE 11:24:48 511 3467.500 LSE 11:24:48 606 3468.000 BATE 11:24:31 190 3468.000 LSE 11:24:30 314 3468.000 LSE 11:24:30 524 3468.500 LSE 11:23:43 106 3468.500 LSE 11:22:22 508 3468.500 LSE 11:22:22 269 3469.000 LSE 11:21:23 41 3469.000 LSE 11:21:23 671 3469.000 CHIX 11:21:23 260 3469.000 LSE 11:21:23 605 3471.000 LSE 11:18:17 693 3471.000 CHIX 11:18:17 525 3469.500 LSE 11:16:03 498 3470.000 LSE 11:16:02 115 3470.000 LSE 11:16:02 640 3470.000 CHIX 11:13:54 100 3470.000 BATE 11:13:54 9 3470.000 BATE 11:13:54 525 3470.000 BATE 11:13:54 608 3470.000 LSE 11:13:54 605 3470.500 LSE 11:13:40 162 3469.000 LSE 11:11:20 157 3469.000 LSE 11:11:20 501 3466.500 LSE 11:10:41 141 3466.500 BATE 11:10:41 598 3467.000 CHIX 11:08:53 507 3467.500 LSE 11:07:14 509 3469.000 LSE 11:06:51 52 3469.000 LSE 11:05:30 308 3469.000 LSE 11:05:30 232 3469.000 LSE 11:05:30 509 3469.500 LSE 11:04:07 541 3471.500 LSE 11:04:07 667 3471.500 CHIX 11:04:07 520 3471.500 LSE 11:01:20 512 3473.000 LSE 11:00:06 591 3473.500 LSE 11:00:02 649 3473.500 BATE 11:00:02 112 3474.000 CHIX 10:59:45 562 3474.000 CHIX 10:59:45 21 3471.000 LSE 10:56:53 543 3471.000 LSE 10:56:53 534 3471.500 LSE 10:55:47 58 3471.500 LSE 10:55:37 425 3472.000 LSE 10:55:16 417 3473.000 LSE 10:55:16 187 3473.000 LSE 10:55:16 523 3470.500 LSE 10:53:14 685 3470.500 CHIX 10:53:14 579 3472.000 LSE 10:50:12 5 3473.000 CHIX 10:49:52 631 3473.000 CHIX 10:49:52 523 3473.500 LSE 10:49:47 602 3473.500 LSE 10:49:47 911 3473.500 LSE 10:49:28 859 3469.500 LSE 10:47:34 502 3469.500 BATE 10:47:34 478 3469.500 CHIX 10:47:34 123 3469.500 BATE 10:47:34 172 3469.500 CHIX 10:47:34 564 3469.500 LSE 10:47:03 553 3462.000 LSE 10:41:50 157 3462.500 LSE 10:40:04 162 3462.500 LSE 10:40:04 189 3462.500 LSE 10:40:04 21 3462.500 CHIX 10:40:04 600 3462.500 CHIX 10:40:04 578 3462.500 LSE 10:40:04 589 3463.500 LSE 10:36:44 113 3463.500 BATE 10:36:44 400 3463.500 BATE 10:36:44 119 3463.500 BATE 10:36:44 648 3464.000 CHIX 10:34:09 418 3464.000 LSE 10:33:52 200 3464.000 LSE 10:33:52 437 3464.500 LSE 10:33:52 108 3464.500 LSE 10:33:52 75 3464.500 LSE 10:33:18 514 3465.500 LSE 10:32:51 591 3467.000 LSE 10:30:40 573 3466.500 CHIX 10:30:40 582 3466.500 LSE 10:29:00 277 3467.000 LSE 10:28:00 344 3467.000 LSE 10:28:00 275 3466.000 LSE 10:26:42 564 3467.000 LSE 10:26:40 572 3466.500 CHIX 10:26:26 613 3466.500 BATE 10:26:26 546 3466.500 LSE 10:26:26 462 3464.500 LSE 10:24:02 108 3464.500 LSE 10:24:02 183 3465.000 LSE 10:23:17 335 3465.000 LSE 10:23:17 248 3465.000 CHIX 10:23:17 397 3465.000 CHIX 10:23:17 190 3464.500 LSE 10:21:21 672 3464.500 LSE 10:21:21 966 3464.500 LSE 10:21:21 506 3464.500 LSE 10:19:28 775 3463.000 LSE 10:18:16 692 3464.000 LSE 10:17:56 151 3464.000 CHIX 10:17:56 485 3464.000 CHIX 10:17:56 11 3461.000 LSE 10:14:30 65 3461.000 LSE 10:14:30 189 3461.000 LSE 10:14:30 168 3460.500 LSE 10:14:30 65 3460.500 LSE 10:14:30 102 3460.500 LSE 10:14:30 354 3460.500 BATE 10:14:30 577 3461.000 CHIX 10:14:30 575 3461.000 LSE 10:14:30 340 3460.500 BATE 10:14:30 693 3461.500 CHIX 10:14:05 409 3461.500 LSE 10:14:05 173 3461.500 LSE 10:14:05 162 3460.500 LSE 10:13:37 168 3460.500 LSE 10:13:37 200 3460.500 LSE 10:13:37 257 3457.500 LSE 10:13:07 168 3456.000 LSE 10:10:21 162 3456.000 LSE 10:10:21 191 3456.000 LSE 10:10:21 96 3456.000 LSE 10:10:21 168 3456.000 LSE 10:10:21 162 3456.000 LSE 10:10:21 191 3456.000 LSE 10:10:21 604 3455.000 LSE 10:08:27 471 3455.000 CHIX 10:08:27 132 3455.000 CHIX 10:08:27 187 3454.000 LSE 10:07:00 5 3454.000 LSE 10:07:00 130 3453.500 LSE 10:06:23 189 3453.500 LSE 10:06:23 85 3453.500 LSE 10:06:23 255 3453.500 LSE 10:06:23 653 3452.500 BATE 10:04:01 544 3453.500 LSE 10:03:56 5 3454.500 LSE 10:02:59 193 3454.500 LSE 10:02:59 103 3454.500 LSE 10:02:59 134 3454.500 LSE 10:02:59 130 3454.500 LSE 10:02:59 661 3454.500 LSE 10:02:59 624 3455.000 LSE 10:02:48 586 3455.000 CHIX 10:02:48 134 3453.000 LSE 10:01:06 250 3453.000 LSE 10:01:06 81 3453.000 LSE 10:01:06 130 3453.000 LSE 10:01:06 199 3453.000 LSE 10:01:06 587 3452.000 LSE 09:59:03 5 3452.500 CHIX 09:58:15 146 3452.500 CHIX 09:58:15 268 3452.500 CHIX 09:58:15 287 3452.500 CHIX 09:58:15 134 3454.000 LSE 09:57:02 148 3454.000 LSE 09:57:02 57 3454.000 LSE 09:57:02 63 3454.000 LSE 09:57:02 29 3454.000 LSE 09:57:02 99 3454.000 LSE 09:57:02 95 3454.000 LSE 09:57:02 364 3454.500 LSE 09:57:02 150 3454.500 LSE 09:57:02 549 3454.500 LSE 09:57:02 135 3456.500 LSE 09:53:47 134 3456.500 LSE 09:53:47 130 3456.500 LSE 09:53:47 200 3456.500 LSE 09:53:47 130 3456.500 LSE 09:53:47 115 3456.500 LSE 09:53:47 200 3457.000 LSE 09:53:47 134 3456.500 LSE 09:53:47 2 3457.000 LSE 09:53:47 532 3457.000 LSE 09:53:47 596 3457.000 CHIX 09:53:47 35 3457.000 CHIX 09:53:47 694 3457.000 BATE 09:53:47 445 3459.000 LSE 09:49:54 34 3459.000 LSE 09:49:54 121 3459.000 LSE 09:49:54 111 3460.000 LSE 09:49:53 506 3460.000 LSE 09:49:53 505 3461.500 LSE 09:49:03 622 3461.500 CHIX 09:49:03 105 3462.000 LSE 09:48:10 499 3462.000 LSE 09:48:10 100 3462.500 LSE 09:48:06 387 3462.500 LSE 09:48:06 428 3462.500 LSE 09:48:06 548 3457.500 LSE 09:45:58 617 3457.500 CHIX 09:45:58 625 3457.000 LSE 09:43:33 682 3458.000 CHIX 09:42:56 703 3458.500 BATE 09:42:56 589 3458.500 LSE 09:42:56 46 3458.500 LSE 09:42:25 171 3455.000 LSE 09:38:44 180 3455.000 LSE 09:38:44 200 3455.000 LSE 09:38:44 526 3457.500 LSE 09:37:55 486 3458.000 CHIX 09:37:07 182 3458.000 CHIX 09:37:07 524 3458.000 LSE 09:37:07 180 3458.000 LSE 09:34:21 150 3458.500 LSE 09:34:21 65 3458.500 LSE 09:34:21 143 3458.500 LSE 09:34:21 72 3458.500 LSE 09:34:21 621 3458.500 LSE 09:34:21 524 3458.500 LSE 09:32:47 468 3459.500 BATE 09:31:39 133 3459.500 BATE 09:31:39 612 3462.500 LSE 09:31:39 653 3462.500 CHIX 09:31:39 617 3462.500 LSE 09:31:24 595 3461.500 LSE 09:30:49 618 3461.500 LSE 09:30:49 882 3459.500 LSE 09:29:30 406 3459.500 CHIX 09:29:30 217 3459.500 CHIX 09:29:30 193 3449.500 LSE 09:26:21 399 3449.500 LSE 09:26:21 118 3449.500 LSE 09:25:50 534 3449.500 CHIX 09:25:50 439 3449.500 LSE 09:25:50 48 3449.500 CHIX 09:25:50 28 3449.500 CHIX 09:25:50 578 3450.000 LSE 09:24:36 54 3450.000 BATE 09:24:36 254 3450.000 BATE 09:24:36 101 3450.000 BATE 09:24:36 37 3450.000 BATE 09:24:36 125 3450.000 BATE 09:24:36 522 3449.500 LSE 09:22:53 27 3449.500 LSE 09:22:23 580 3450.000 LSE 09:22:00 521 3449.000 LSE 09:20:20 227 3449.000 CHIX 09:20:20 452 3449.000 CHIX 09:20:20 88 3447.000 LSE 09:19:05 273 3443.000 LSE 09:18:14 226 3443.000 LSE 09:18:14 73 3443.000 LSE 09:18:14 567 3441.000 LSE 09:16:59 110 3442.000 LSE 09:16:59 127 3442.000 LSE 09:16:59 190 3442.000 LSE 09:16:59 185 3442.000 LSE 09:16:59 298 3442.500 BATE 09:16:59 277 3442.500 CHIX 09:16:59 352 3442.500 BATE 09:16:59 416 3442.500 CHIX 09:16:59 524 3442.500 LSE 09:16:59 158 3441.000 CHIX 09:15:06 17 3441.000 CHIX 09:15:05 542 3441.000 LSE 09:12:17 561 3441.500 LSE 09:11:25 362 3441.500 CHIX 09:11:25 20 3441.500 CHIX 09:11:25 46 3441.500 CHIX 09:11:25 182 3441.500 CHIX 09:11:25 513 3441.000 LSE 09:10:56 567 3441.000 LSE 09:09:44 562 3440.500 LSE 09:09:02 136 3442.000 LSE 09:08:37 487 3442.000 LSE 09:08:37 404 3442.000 CHIX 09:08:37 276 3442.000 CHIX 09:08:37 578 3442.000 BATE 09:08:37 600 3443.000 LSE 09:07:06 569 3443.000 LSE 09:05:25 345 3443.000 CHIX 09:05:25 268 3443.000 CHIX 09:05:25 616 3444.500 LSE 09:04:17 3 3444.500 LSE 09:04:05 172 3445.000 LSE 09:04:04 390 3445.000 LSE 09:04:04 623 3445.500 LSE 09:03:53 560 3445.000 LSE 09:03:08 694 3444.500 LSE 09:02:39 703 3446.000 LSE 09:02:20 382 3446.000 CHIX 09:02:20 250 3446.000 CHIX 09:02:20 548 3440.000 LSE 09:00:24 707 3440.000 BATE 09:00:24 600 3440.500 CHIX 08:59:55 106 3440.500 CHIX 08:59:55 662 3441.000 LSE 08:59:47 31 3441.500 LSE 08:59:16 612 3439.000 LSE 08:57:00 384 3435.500 CHIX 08:55:08 42 3435.500 CHIX 08:55:08 36 3435.500 CHIX 08:55:08 174 3435.500 CHIX 08:55:08 503 3438.000 LSE 08:54:17 598 3440.500 LSE 08:53:23 104 3440.500 LSE 08:53:23 152 3440.500 LSE 08:53:23 147 3440.500 LSE 08:53:23 118 3441.000 LSE 08:53:23 45 3441.000 LSE 08:53:23 542 3441.000 LSE 08:53:23 59 3441.000 CHIX 08:53:23 518 3441.000 CHIX 08:53:23 81 3441.000 BATE 08:53:23 600 3441.000 BATE 08:53:23 572 3441.000 LSE 08:51:18 40 3441.000 LSE 08:51:18 525 3441.000 LSE 08:50:40 650 3441.000 CHIX 08:50:40 18 3441.000 CHIX 08:50:40 612 3439.000 LSE 08:47:35 5 3439.000 LSE 08:47:35 576 3439.000 LSE 08:46:49 243 3440.000 LSE 08:46:42 385 3440.000 LSE 08:46:42 680 3440.000 CHIX 08:46:42 61 3439.500 CHIX 08:46:12 610 3440.000 LSE 08:46:12 633 3440.000 CHIX 08:46:12 697 3440.000 BATE 08:46:12 104 3435.000 LSE 08:44:58 147 3432.000 LSE 08:42:27 170 3432.000 LSE 08:42:27 558 3432.000 LSE 08:42:27 551 3429.500 LSE 08:40:00 536 3431.000 LSE 08:39:45 420 3431.000 CHIX 08:39:45 234 3431.000 CHIX 08:39:45 180 3431.500 LSE 08:39:35 152 3431.500 LSE 08:39:35 102 3431.500 LSE 08:39:35 190 3431.000 LSE 08:38:47 548 3430.500 LSE 08:38:17 559 3430.500 LSE 08:36:46 252 3431.000 CHIX 08:36:26 511 3431.000 LSE 08:36:26 286 3431.000 BATE 08:36:26 403 3431.000 CHIX 08:36:26 284 3431.000 BATE 08:35:52 299 3431.000 LSE 08:34:34 200 3431.000 LSE 08:34:34 62 3432.500 LSE 08:34:04 262 3432.500 LSE 08:34:04 248 3432.500 LSE 08:34:04 543 3434.000 LSE 08:33:15 552 3436.500 LSE 08:32:42 690 3437.000 CHIX 08:32:40 581 3437.500 LSE 08:32:40 888 3438.000 LSE 08:32:39 50 3438.000 CHIX 08:32:39 632 3438.000 CHIX 08:32:39 574 3438.500 LSE 08:32:39 618 3439.000 LSE 08:32:39 609 3434.000 LSE 08:30:07 400 3434.000 BATE 08:30:07 73 3434.000 BATE 08:30:07 139 3434.000 BATE 08:30:07 534 3434.000 LSE 08:27:49 563 3436.000 LSE 08:27:13 47 3436.500 CHIX 08:27:13 165 3436.500 CHIX 08:27:13 324 3436.500 CHIX 08:27:13 125 3436.500 CHIX 08:27:07 342 3436.500 LSE 08:27:07 195 3436.500 LSE 08:27:07 603 3435.500 LSE 08:26:10 573 3437.000 LSE 08:24:20 563 3437.000 LSE 08:24:20 111 3437.000 CHIX 08:23:30 90 3437.000 CHIX 08:23:30 488 3437.000 CHIX 08:23:30 202 3438.000 CHIX 08:23:26 542 3438.000 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08:15:18 248 3442.000 CHIX 08:15:18 777 3442.000 LSE 08:15:15 569 3437.500 LSE 08:14:19 464 3436.500 LSE 08:13:55 122 3436.500 LSE 08:13:55 577 3437.000 LSE 08:13:53 547 3439.000 LSE 08:13:51 15 3440.500 CHIX 08:13:17 634 3440.500 CHIX 08:13:17 176 3441.000 LSE 08:13:04 387 3441.000 LSE 08:13:04 555 3441.000 LSE 08:12:12 230 3442.000 BATE 08:11:19 443 3442.000 BATE 08:11:19 547 3445.000 LSE 08:11:11 572 3445.500 LSE 08:11:07 508 3445.000 LSE 08:10:40 708 3446.000 CHIX 08:10:27 600 3446.000 LSE 08:10:27 11 3446.500 LSE 08:10:11 554 3446.500 LSE 08:10:11 466 3442.500 LSE 08:08:19 52 3442.500 LSE 08:08:19 252 3443.000 CHIX 08:07:58 411 3443.000 LSE 08:07:58 459 3443.000 CHIX 08:07:58 195 3443.000 LSE 08:07:58 454 3444.000 LSE 08:07:28 106 3444.000 LSE 08:07:28 139 3446.000 LSE 08:07:02 471 3446.000 LSE 08:07:02 449 3446.500 LSE 08:06:54 678 3446.500 BATE 08:06:54 118 3446.500 LSE 08:06:54 518 3448.000 LSE 08:06:25 575 3448.000 CHIX 08:06:25 391 3448.500 LSE 08:06:11 249 3448.500 LSE 08:06:11 554 3449.000 LSE 08:06:01 19 3449.000 LSE 08:06:01 586 3447.500 LSE 08:05:11 66 3451.500 LSE 08:04:47 463 3451.500 LSE 08:04:47 35 3452.000 LSE 08:04:47 47 3452.000 LSE 08:04:47 518 3452.000 LSE 08:04:47 546 3452.500 LSE 08:04:33 565 3453.250 LSE 08:04:33 503 3453.500 CHIX 08:04:33 121 3453.500 CHIX 08:04:33 127 3453.500 CHIX 08:04:33 172 3453.500 CHIX 08:04:31 224 3453.500 CHIX 08:04:31 515 3453.500 LSE 08:04:31 413 3453.500 LSE 08:04:31 123 3453.500 CHIX 08:04:19 82 3453.500 LSE 08:04:18 35 3453.500 LSE 08:04:15 605 3453.500 CHIX 08:03:35 542 3453.000 LSE 08:03:35 543 3453.000 BATE 08:03:35 92 3453.000 BATE 08:03:35 277 3453.000 LSE 08:03:20 603 3453.500 LSE 08:02:31 217 3454.500 LSE 08:02:09 288 3454.500 LSE 08:02:09 92 3455.000 CHIX 08:02:09 597 3455.000 CHIX 08:02:09 430 3455.500 LSE 08:02:07 76 3455.500 LSE 08:02:07 526 3457.000 LSE 08:01:50 701 3457.000 CHIX 08:01:50 526 3458.000 LSE 08:01:50 545 3450.000 LSE 08:00:28 110 3451.000 LSE 08:00:27 448 3451.000 LSE 08:00:27 694 3451.000 BATE 08:00:26 Sponsor: Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities Date: 27-06-2022 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Annual General Meeting Results Announcement - Letshego Holdings Letshego Holdings Limited Incorporated in the Republic of Botswana Registration number 98/442 (JSE Code: "BILETS") ("Letshego Holdings" or "the Company" or "the issuer") This announcement is being released on the Johannesburg Stock Exchange for information purposes only in respect of Letshego Holdings Limited's Note Programme. ANNUAL GENERAL MEETING RESULTS ANNOUNCEMENT ____________________________________________________________________________ Letshego Holdings Limited ("LHL" I "The Company" I "the Group" I "Letshego") was incorporated in 1998, is headquartered in Gaborone and has been publicly listed on the Botswana Stock Exchange (BSE) since 2002. Letshego is an inclusive finance organisation, driven by its digital-first vision to achieve a marked social impact within its 11 subsidiaries across sub-Saharan Africa. Readers are hereby referred to the results of the 23rd Annual General Meeting of the Shareholders of Letshego Holdings Limited ("the Company") held on Thursday 23 June 2022 which may be accessed through the following link: https://www.letshego.com/sites/default/files/publications/FINAL%20AGM%20RESULTS%2 0-%20Letshego%20Holdings%20Ltd%2024%20June%202022.pdf GABORONE, Monday, 27 June 2022 Debt sponsor in South Africa Keletso Moloi: 0117218043 or keletso.moloi@standardbank.co.za The Standard Bank of South Africa Limited, acting through its Corporate and Investment Banking division Date: 27-06-2022 07:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

TRP121: Notification of Disposal of A Beneficial Interest in Securities Lewis Group Limited Registration Number: 2004/009817/06 Share Code: LEW ISIN Code: ZAE 000058236 Bond Code: LEWI ("Lewis" or "the company") TRP121: NOTIFICATION OF DISPOSAL OF A BENEFICIAL INTEREST IN SECURITIES In compliance with section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended, ("Act"), regulation 121(2)(b) of the Companies Act Regulations, 2011, and paragraph 3.83(b) of the JSE Limited Listings Requirements, shareholders are advised that on 23 June 2022, Lewis received formal notification in terms of section 122(1) of the Act, that LSV Asset Management disposed of a beneficial interest in the securities of the company, such that its remainder beneficial interest is 4.98% of the issued capital of the company. As required in terms of section 122(3)(a) of the Companies Act, Lewis has filed the required notice with the Takeover Regulation Panel. Cape Town 27 June 2022 Equity Sponsor: The Standard Bank of South Africa Limited Debt Sponsor: Absa Bank Limited, acting through its Corporate and Investment Banking Division Date: 27-06-2022 07:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Audited annual consolidated results for the year ended 31 March 2022 Invicta Holdings Limited and its subsidiaries (Incorporated in the Republic of South Africa) Registration number 1966/002182/06 Share code: IVT | ISIN: ZAE000029773 Preference share code: IVTP | ISIN: ZAE000173399 ("Invicta" or "the Company" or "the Group") To view the full announcement please visit our website at http://www.invictaholdings.co.za Audited annual consolidated results for the year ended 31 March 2022 31 March FINANCIAL SUMMARY 2022 2021 % Change Shareholder's Equity R'000 4 692 685 4 726 088 (0.7) Revenue R'000 7 188 991 6 251 484 15 Profit for the period from continuing operations R'000 520 816 296 839 75.5 Profit for the period R'000 906 146 376 072 141 Basic earnings per share from continuing operations cents 408 212 92.5 Basic earnings per share cents 764 285 168.1 Headline earnings per share from continuing operations cents 343 172 99.4 Headline earnings per share cents 330 316 4.4 Net asset value per ordinary share cents 3 765 3 566 5.6 Dividend per share cents 90 60 50 The audited annual consolidated financial statements have been audited by Ernst & Young Inc., who expressed an unmodified audit opinion. A copy of the auditor's report including the key audit matters is available for inspection at the Company's registered office, together with the financial statements identified in the auditor's report, as well as on the Company's website at http://www.invictaholdings.co.za This short-form announcement is the responsibility of the directors and is only a summary of the information in the full announcement and does not contain full or complete details. Any investment decisions should be based on the full announcement that has been published on SENS at https://senspdf.jse.co.za/documents/2022/jse/isse/IVT/YE2022.pdf and is also available on our website http://www.invictaholdings.co.za. Copies of the full announcement may be requested from the company secretary at info@invictaholdings.co.za. Ordinary share cash dividend Notice is hereby given that the Directors of the Company have declared a gross cash dividend of 90 cents per ordinary share for the year ended 31 March 2022. Dividends are to be paid out of distributable reserves. Dividend tax (DT) of 20% will be withheld in terms of the Income Tax Act for those shareholders who are not exempt from DT. In accordance with paragraphs 11.17(1)(i) and 11.17(c) of the JSE Listings Requirements, the following additional information is disclosed: - The gross local dividend amount is 90 cents per ordinary share for shareholders exempt from the Dividend Tax; - The net local dividend amount is 72 cents per ordinary share for shareholders liable to pay the Dividend Tax; - Invicta Holdings Limited has 104 727 070 ordinary shares in issue; and - Invicta Holdings Limited's income tax reference number is 9400/012/03/06. The salient dates for the ordinary share cash dividend will be as follows: Last day of trade to receive a dividend Tuesday, 2 August 2022 Shares commence trading "ex" dividend Wednesday, 3 August 2022 Record date Friday, 5 August 2022 Payment date Monday, 8 August 2022 Share certificates may not be dematerialised or rematerialised between Wednesday, 3 August 2022 and Friday, 5 August 2022, both days inclusive. By order of the board STEVEN JOFFE NAZLEE RAJMOHAMED Chief Executive Officer Group Financial Director Approval: 23 June 2022 Release: 27 June 2022 Invicta Holdings Limited Registered office: 3 Droste Cresent, Droste Park, Johannesburg, Gauteng, 2094 Transfer secretaries: Computershare Investor Services Proprietary Limited, Rosebank Towers, 15 Biermann Avenue, Rosebank, 2196 Directors: Dr CH Wiese* (Chairman), S Joffe (CEO), C Barnard, GM Pelser, N Rajmohamed, LR Sherrell*, AM Sinclair, RA Wally^, Adv JD Wiese*, PM Makwana^, I Van Heerden*, F Davidson^ * Non-executive ^ Independent non-executive Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited Date: 27-06-2022 07:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Annual results announcement for the year ended 31 March 2022 Prosus N.V. Incorporated in the Netherlands (Registration number: 34099856) (Prosus or the group) Euronext Amsterdam and JSE share code: PRX ISIN: NL 0013654783 Annual results announcement for the year ended 31 March 2022 Salient features Year ended 31 March 2022 2021 US$'m US$'m Revenue 6 866 5 116 Operating loss (859) (1 040) Earnings per ordinary share (US cents) 1 243 459 Headline earnings per ordinary share (US cents) 204 360 Core headline earnings per ordinary share (US cents) 247 299 Commentary In a year marked with continued global turmoil and uncertainty, which has made for a turbulent operating environment, the financial year 2022 was a year of progress for Prosus. We remained focused on executing our long-term strategy and delivering strong operational growth across our core segments. At the same time, we made strategic investments and laid the foundation for future growth across the portfolio. Ecommerce segment revenue grew 58% (51%) to US$9.8bn and was the key contributor to group revenue growth of 24% (24%) to US$35.6bn (measured on an economic-interest basis). This is strong growth on a scaled base following similar growth and momentum in the prior year. Percentages in brackets represent growth in local currency, excluding mergers and acquisitions (M&A). Group trading profit reduced 10% (6%) to US$5bn, reflecting investment to expand the market opportunity for each segment and strengthen the customer ecosystems of our businesses. Core headline earnings were US$3.7bn, a reduction of 23% (20%) which reflects ongoing investment in the Ecommerce portfolio and a period of slower growth at Tencent as it adapted to regulatory changes in China. Despite a strong operational performance across the portfolio, the group, like many technology companies, faced significant macroeconomic and geopolitical headwinds, leading to highly volatile capital markets in the latter part of the financial year. The combination of the war in Ukraine, higher inflation and rising interest rates drove up the cost of capital and increased uncertainty. Valuations of global peer group companies in tech and internet sectors declined sharply in recent months as the level of risk appetite reduced significantly. These forces drove, for the first time in many years, a decline in the group's net asset value. The discount to the group's sum of the parts increased to an unacceptable level. Taking substantive action to reduce the discount is a priority. To navigate these turbulent times we will prioritise capital towards supporting our existing businesses and prudent balance sheet management, sustaining adequate financial liquidity. We invested US$6.2bn to increase our stakes in existing investments and in new assets where we see substantial opportunity for future value creation. This investment was weighted largely to the first half of the year, in our Food Delivery and Edtech segments. While Delivery Hero's stock has declined in value since the last investment, we remain confident in the company's future and in our continued ability to generate a return from it. In August, we also committed US$4.7bn to acquire BillDesk, the leading bill-payment-processing company in India. The transaction is under review by the Competition Commission of India. In the second half of the year, we invested heavily through our income statement. We focused on maintaining growth and customer engagement, while leveraging increased scale to develop opportunities in adjacent products and services. We are building ecosystems with multiple customer touchpoints to improve not only their experience but also retention. We aligned technology and data with key customer needs such as convenience and ease of use. We will need to continue to invest organically to build on the strong progress we have made in autos in Classifieds, convenience in Food Delivery and India credit in Payments and Fintech segments. Our plans will recognise the uncertainty and volatility and the need to preserve capital. Throughout the year, the group continued to crystallise returns and return capital to shareholders. In February 2022, we completed a second US$5bn share buyback programme which followed the US$5bn share buyback programme in 2021. This generated a meaningful enhancement to net asset value per share. Repurchased Prosus shares will be cancelled in the following financial year. In total, Prosus has allocated US$50bn in capital over the past six years with approximately 57% of that capital being invested into the business and new growth opportunities; approximately 25% returned to shareholders in the form of share buybacks and dividends; and approximately 18% being held in cash. Against the backdrop of deteriorating geopolitical and economic conditions, our ecommerce businesses were resilient, growing revenues 56% (50%) in the second half of the year, in many cases significantly outperforming global peers. Within our Ecommerce portfolio, all segments made good progress against their financial and strategic objectives. Classifieds demonstrated healthy growth at its core, well ahead of global peers. OLX Autos experienced strong triple-digit growth this year as it creates a differentiated customer experience. Our Classifieds business has been deeply impacted by Russia's invasion of Ukraine. We are appalled by the war in Ukraine and we continue to do all we can for our Ukrainian employees and the people of Ukraine. Consequently, in March 2022, we announced the separation of the Russian classifieds business Avito from our OLX Group. Following completion of this operational separation, in May 2022, we announced our intention to exit the Russian business. We have started the search for an appropriate buyer for our shares in Avito. Food Delivery's performance remained strong as it addresses a major consumer need that is being fundamentally transformed by technology. We are leveraging our logistics network and capabilities as well as our strong customer relationships to pursue this opportunity with a real competitive advantage. The online food and convenience industry is still in its early stages of development, and we are excited by its long-term prospects, and we believe it will ultimately yield a good return on investment. In Payments and Fintech, our growth momentum continued globally. We increased our scale in India, one of the fastest-growing consumer internet markets, and the closing of the acquisition of BillDesk will create further opportunity to expand into credit and digital banking. Outside of India, the business continued to grow strongly. Edtech's performance remained strong and we made substantial progress in expanding the portfolio with acquisitions of market leaders in our areas of focus. During the year, we took a substantial stake in Skillsoft, which is now public, while acquiring Stack Overflow and GoodHabitz. This positions us well within the key enterprise education market. Our Edtech investments currently reach over 500 million users and cover the full span of the sector from kindergarten through to grade 12 (K-12) and beyond, into third- and enterprise-level education. In April 2021, to improve our financial flexibility and reinforce our balance sheet, we sold 2% of Tencent's issued share capital, generating proceeds of US$14.6bn and reducing our holding to 28.9%. Proceeds were used to fund our strategic ambitions and two share buyback programmes that enhanced net asset value per share. Tencent has been impacted by regulatory action and the economic impact of Covid-19, which has resulted in slower growth and a tough macroeconomic environment. We are firm believers that the company will recover from this and generate significant value for shareholders and remain committed long-term investors in Tencent. The group remains focused on building on the strong momentum in our Ecommerce portfolio. We will continue to invest in our platforms and to grow the opportunity set within each segment. We aim to build on the underlying strength of each business through the creation of customer ecosystems, particularly in autos transactions, credit and digital banking, and food, convenience and grocery delivery. At the same time, we are driving profitability and cash generation in more mature core businesses. Our goal is to build an Ecommerce portfolio that will deliver sustainable value creation over the long term for all stakeholders. Furthermore, the group will endeavour to take further steps to crystallise the value we have created over time. Given the wide geographical span of our operations and significant M&A activity in Ecommerce, reported earnings were materially impacted by foreign exchange movements and the effects of acquisitions and disposals. Where relevant in this short-form results announcement, we have adjusted for these effects. These adjustments (alternative performance measures) are quoted in brackets after the equivalent metrics reported under International Financial Reporting Standards (IFRS) as adopted by the European Union (IFRS-EU). These growth rates represent a comparison between the year ended 31 March 2022 and the previous year ended 31 March 2021, unless otherwise stated. Financial review The group financial highlights for the year ended 31 March 2022 are outlined below: Year ended 31 March 2021 2022 2022 2022 2022 2022 2022 2022 A B C D E F(2) G(3) H(4) Group Group composition composition Foreign Local Local disposal acquisition currency currency currency IFRS 8(1) adjustment adjustment adjustment growth IFRS 8(1) growth IFRS 8 US$'m US$'m US$'m US$'m US$'m US$'m % change % change Revenue Ecommerce 6 230 (133) 822 (224) 3 130 9 825 51 58 - Classifieds 1 599 (33) 81 (121) 1 449 2 975 93 86 - Food Delivery 1 486 (9) 374 (1) 1 142 2 992 77 amp;gt;100 - Payments and Fintech 577 (7) 9 (38) 255 796 45 38 - Edtech 115 14 225 - 71 425 55 amp;gt;100 - Etail 2 250 (2) 10 (61) 62 2 259 3 - - Other 203 (96) 123 (3) 151 378 amp;gt;100 86 Social and Internet Platforms 22 526 (1 497) 70 1 305 3 390 25 794 16 15 - Tencent 22 155 (1 493) - 1 302 3 297 25 261 16 14 - VK (previously Mail.ru) 371 (4) 70 3 93 533 25 44 Group economic interest 28 756 (1 630) 892 1 081 6 520 35 619 24 24 Trading profit Ecommerce (429) 45 (218) 3 (512) (1 111) amp;lt;(100) amp;lt;(100) - Classifieds 9 13 9 7 (13) 25 (59) amp;gt;100 - Food Delivery (355) 33 (129) (2) (271) (724) (84) amp;lt;(100) - Payments and Fintech (68) 6 (1) (5) 8 (60) 13 12 - Edtech (14) 1 (48) (1) (55) (117) amp;lt;(100) amp;lt;(100) - Etail 68 - (3) 3 (103) (35) amp;lt;(100) amp;lt;(100) - Other (69) (8) (46) 1 (78) (200) amp;lt;(100) amp;lt;(100) Social and Internet Platforms 6 154 (413) (5) 342 241 6 319 4 3 - Tencent 6 126 (413) - 342 218 6 273 4 2 - VK (previously Mail.ru) 28 - (5) - 23 46 82 64 Corporate segment (110) - - 1 (58) (167) (53) (52) Group economic interest 5 615 (368) (223) 346 (329) 5 041 (6) (10) (1) Figures presented on an economic-interest basis as per the segmental review. (2) A + B + C + D + E. (3) [E/(A + B)] x 100. (4) [(F/A) - 1] x 100. The group delivered strong progress for the year ended 31 March 2022. Group revenue, measured on an economic-interest basis, grew 24% (24%) to US$35.6bn. This was driven by Ecommerce revenues, which rose 58% (51%). Our economic-interest share in Tencent's revenue grew 14% (16%) off a sizable prior-year base. Group trading profit reduced 10% (6%) to US$5bn. Tencent's contribution to the group's trading profit improved by 2% (4%). Core headline earnings were US$3.7bn - down 23% (20%), impacted by our sale of 2% interest in Tencent and Tencent's reduced contribution to core as a result of increased losses from its associates. On a consolidated basis, total revenue increased by US$1.8bn, or 34% (39%), from US$5.1bn in the prior year to US$6.9bn, with strong contributions from all the segments. As we continue to invest in organically building out customer ecosystems across our segments, trading losses expanded from US$163m to US$547m, mostly driven by investment in Food Delivery, our Etail segment and acquisitions in Edtech. Equity-accounted results from our associate investments increased to US$9.3bn, or 31%, from US$7.1bn in the prior year, with positive contributions from Tencent and Delivery Hero. Share of equity-accounted results includes investment disposal gains of US$6.2bn, net fair-value gains on financial instruments of US$1.8bn, and impairment losses of US$1.1bn recognised in Tencent and Delivery Hero reported results. The group recognised a gain of US$12.3bn on the income statement due to the trimming of our holding in Tencent. Furthermore, the group recognised impairment losses on goodwill and equity-accounted investments. Impairment losses of US$246m recognised on goodwill related to Stack Overflow, primarily as a result of the current market conditions and the increase in risk-free rates which resulted in an increase in the discount rate. Equity-accounted investments were impaired by US$584.1m, of which US$474m related to the impairment of VK. In March 2022, the group's directors resigned with immediate effect from the VK board and discontinued equity-accounting the investment going forward on account of a loss of significant influence. The group reclassified the foreign currency translation reserve amounting to a loss of US$1.14bn from 'Other comprehensive income' to the income statement as a result of the loss of significant influence over the investment. Headline earnings decreased by US$2.8bn to US$3.1bn. This is mainly due to the decrease in contribution to headline earnings from associates of US$2.8bn, the increase in trading losses in Ecommerce and the increase in net finance cost (US$141m). This was partially offset by the decrease in the share-based compensation expenses of the group (US$599m). Investments have been funded from upstreamed dividends, asset sales and more efficient use of the group's balance sheet. During the year, we raised additional capital of US$9.25bn in bonds at attractive interest rates, further enhancing our financial position, improving liquidity, and extending debt maturities. Some of the proceeds were used to settle US$1.6bn 2025 and 2027 notes. The group has no debt maturities due until 2025, and 87% of our debt is due after five years and just under 60% due in the next 10 years. We ended the year with a strong and liquid balance sheet comprising US$13.6bn in cash and cash equivalents (including short-term cash investments) and interest-bearing debt of US$15.7bn (excluding capitalised lease liabilities). We also hold an undrawn US$2.5bn revolving credit facility. This sound financial position will enable us to deliver on our strategy to scale our businesses and, over time, deliver significant and sustainable profitability and cash flow generation. Overall, we recorded a net interest expense of US$345m for the year, elevated from the prior year, given new bond issuances and an additional US$217m related to early settlement of the 2025 and 2027 bonds. Consolidated free cash outflow was US$562m, a decrease on the prior year's free cash inflow of US$126m. We stepped up operational working capital, and capital expenditure investment across our businesses. Working capital requirements have increased as we invest in OLX Autos and the Payments and Fintech segment. In autos, we are taking on more inventory as the business expands and moves towards a consumer-facing business. In Payments and Fintech, we accelerated the pace to scale our India credit initiatives, resulting in increased receivables outstanding at year-end. The increased capital expenditure was mainly driven by distribution centre equipment and expansions at eMAG. This was offset by increased dividends from Tencent of US$571m (FY21: US$458m). Tencent dividends remain a meaningful and stable contributor to our cash flow. After year-end in June 2022, we received our annual cash dividend of US$565m from Tencent for FY23. In addition, Tencent paid a special interim dividend in the form of a distribution in specie of JD.com shares. The group received 131 873 028 JD.com shares in March 2022, representing a 4% effective interest in JD.com valued at US$3.9bn at 31 March 2022. Subsequently, the group disposed of its full stake in JD.com for proceeds of approximately US$3.6bn. There were no new or amended accounting pronouncements effective 1 April 2021 with a significant impact on the group's consolidated financial statements. Preparation of the short-form results announcement The preparation of the short-form results announcement was supervised by the group's financial director, Basil Sgourdos CA(SA). These results were made public on 27 June 2022. ADR programme Bank of New York Mellon maintains a Global BuyDIRECT(SM) plan for Prosus N.V. For additional information, please visit Bank of New York Mellon's website at www.globalbuydirect.com or call Shareholder Relations at 1-888-BNY-ADRS or 1-800-345-1612 or write to: Bank of New York Mellon, Shareholder Relations Department - Global BuyDIRECT(SM), Church Street Station, PO Box 11258, New York, NY 10286-1258, USA. Important information This short-form results announcement contains forward-looking statements as defined in the United States Private Securities Litigation Reform Act of 1995 concerning our financial condition, results of operations and businesses. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control and all of which are based on our current beliefs and expectations about future events. Forward-looking statements are typically identified by the use of forward-looking terminology such as 'believes', 'expects', 'may', 'will', 'could', 'should', 'intends', 'estimates', 'plans', 'assumes' or 'anticipates', or associated negative, or other variations or comparable terminology, or by discussions of strategy that involve risks and uncertainties. These forward-looking statements and other statements contained in this short-form results announcement on matters that are not historical facts involve predictions. No assurance can be given that such future results will be achieved. Actual events or results may differ materially as a result of risks and uncertainties implied in such forward-looking statements. A number of factors could affect our future operations and could cause those results to differ materially from those expressed in the forward-looking statements, including (without limitation): (a) changes to IFRS and associated interpretations, applications and practices as they apply to past, present and future periods; (b) ongoing and future acquisitions, changes to domestic and international business and market conditions such as exchange rate and interest rate movements; (c) changes in domestic and international regulatory and legislative environments; (d) changes to domestic and international operational, social, economic and political conditions; (e) labour disruptions and industrial action; and (f) the effects of both current and future litigation. The forward-looking statements contained in this short-form results announcement apply only as of the date of this short-form results announcement. We are not under any obligation to (and expressly disclaim any such obligation to) revise or update any forward-looking statements to reflect events or circumstances after the date of this short-form results announcement or to reflect the occurrence of unanticipated events. We cannot give any assurance that forward-looking statements will prove correct and investors are cautioned not to place undue reliance on any forward-looking statements. Further information This short-form results announcement is the responsibility of the directors and is only a summary of the information in the annual report. The annual report was released on SENS on 27 June 2022 and can be found on the company's website, www.prosus.com, and can also be viewed on the JSE link, https://senspdf.jse.co.za/documents/2022/jse/isse/PRXE/YE22.pdf. Copies of the annual report may also be requested from the company's registered office, at no charge, during office hours. The annual report for year ended 31 March 2022 has been audited by PricewaterhouseCoopers N.V., our independent auditor. Their unqualified report which includes key audit matters is appended to the annual report and is available on www.prosus.com. Any investment decision should be based on the annual report published on SENS and the company's website. The information in this short-form results announcement has been extracted from the reviewed information published on SENS, but the short-form results announcement itself was not reviewed. On behalf of the board Koos Bekker Bob van Dijk Chair Chief executive Amsterdam 27 June 2022 Directors: JP Bekker (chair), B van Dijk (chief executive), HJ du Toit, CL Enenstein, M Girotra, RCC Jafta, AGZ Kemna, FLN Letele, D Meyer, R Oliveira de Lima, SJZ Pacak, V Sgourdos, MR Sorour, JDT Stofberg, Y Xu Company secretary: L Bagwandeen Registered office: Symphony Offices, Gustav Mahlerplein 5, 1082 MS Amsterdam, the Netherlands Euronext listing agent: ING Bank N.V. Euronext paying agent: ABN AMRO Bank N.V., Corporate Broking and Issuer Services, HQ 7212, Gustav Mahlerlaan 10, 1082 PP Amsterdam, the Netherlands Sponsor: Investec Bank Limited www.prosus.com Date: 27-06-2022 07:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Annual results announcement for the year ended 31 March 2022 Naspers Limited Incorporated in the Republic of South Africa (Registration number: 1925/001431/06) (Naspers or the group) JSE share code: NPN ISIN: ZAE000015889 Annual results announcement for the year ended 31 March 2022 Salient features Year ended 31 March 2022 2021 US$'m US$'m Revenue 7 940 5 934 Operating loss (894) (1 189) Earnings per ordinary share (US cents) 4 218 1 243 Headline earnings per ordinary share (US cents) 559 970 Core headline earnings per ordinary share (US cents) 718 814 Commentary In a year marked with continued global turmoil and uncertainty, which has made for a turbulent operating environment, the financial year 2022 was a year of progress for Naspers. We remained focused on executing our long-term strategy and delivering strong operational growth across our core segments. At the same time, we made strategic investments and laid the foundation for future growth across the portfolio. Ecommerce segment revenue grew 56% (49%) to US$10.7bn and was the key contributor to group revenue growth of 24% (24%) to US$36.7bn (measured on an economic-interest basis). This is strong growth on a scaled base following similar growth and momentum in the prior year. Percentages in brackets represent growth in local currency, excluding mergers and acquisitions (M&A). Group trading profit reduced 10% (6%) to US$5bn, reflecting investment to expand the market opportunity for each segment and strengthen the customer ecosystems of our businesses. Core headline earnings were US$2.1bn, a reduction of 40% (16%) which reflects ongoing investment in the Ecommerce portfolio and a period of slower growth at Tencent as it adapted to regulatory changes in China. Despite a strong operational performance across the portfolio, the group, like many technology companies, faced significant macroeconomic and geopolitical headwinds, leading to highly volatile capital markets in the latter part of the financial year. The combination of the war in Ukraine, higher inflation and rising interest rates drove up the cost of capital and increased uncertainty. Valuations of global peer group companies in tech and internet sectors declined sharply in recent months as the level of risk appetite reduced significantly. These forces drove, for the first time in many years, a decline in the group's net asset value. The discount to the group's sum of the parts increased to an unacceptable level. Taking substantive action to reduce the discount is a priority. To navigate these turbulent times we will prioritise capital towards supporting our existing businesses and prudent balance sheet management, sustaining adequate financial liquidity. We invested US$6.2bn to increase our stakes in existing investments and in new assets where we see substantial opportunity for future value creation. This investment was weighted largely to the first half of the year, in our Food Delivery and Edtech segments. While Delivery Hero's stock has declined in value since the last investment, we remain confident in the company's future and in our continued ability to generate a return from it. In August, we also committed US$4.7bn to acquire BillDesk, the leading bill-payment-processing company in India. The transaction is under review by the Competition Commission of India. In the second half of the year, we invested heavily through our income statement. We focused on maintaining growth and customer engagement, while leveraging increased scale to develop opportunities in adjacent products and services. We are building ecosystems with multiple customer touchpoints to improve not only their experience but also retention. We aligned technology and data with key customer needs such as convenience and ease of use. We will need to continue to invest organically to build on the strong progress we have made in autos in Classifieds, convenience in Food Delivery and India credit in Payments and Fintech segments. Our plans will recognise the uncertainty and volatility and the need to preserve capital. Throughout the year, the group continued to crystallise returns and return capital to shareholders. In February 2022, we completed a second US$5bn share buyback programme which followed the US$5bn share buyback programme in 2021. This generated a meaningful enhancement to net asset value per share. Repurchased Prosus shares will be cancelled in the following financial year. In total, Prosus has allocated US$50bn in capital over the past six years with approximately 57% of that capital being invested into the business and new growth opportunities; approximately 25% returned to shareholders in the form of share buybacks and dividends; and approximately 18% being held in cash. Against the backdrop of deteriorating geopolitical and economic conditions, our ecommerce businesses were resilient, growing revenues 53% (47%) in the second half of the year, in many cases significantly outperforming global peers. Within our Ecommerce portfolio, all segments made good progress against their financial and strategic objectives. Classifieds demonstrated healthy growth at its core, well ahead of global peers. OLX Autos experienced strong triple-digit growth this year as it creates a differentiated customer experience. Our Classifieds business has been deeply impacted by Russia's invasion of Ukraine. We are appalled by the war in Ukraine and we continue to do all we can for our Ukrainian employees and the people of Ukraine. Consequently, in March 2022, we announced the separation of the Russian classifieds business Avito from our OLX Group. Following completion of this operational separation, in May 2022, we announced our intention to exit the Russian business. We have started the search for an appropriate buyer for our shares in Avito. Food Delivery's performance remained strong as it addresses a major consumer need that is being fundamentally transformed by technology. We are leveraging our logistics network and capabilities as well as our strong customer relationships to pursue this opportunity with a real competitive advantage. The online food and convenience industry is still in its early stages of development, and we are excited by its long-term prospects, and we believe it will ultimately yield a good return on investment. In Payments and Fintech, our growth momentum continued globally. We increased our scale in India, one of the fastest-growing consumer internet markets, and the closing of the acquisition of BillDesk will create further opportunity to expand into credit and digital banking. Outside of India, the business continued to grow strongly. Edtech's performance remained strong and we made substantial progress in expanding the portfolio with acquisitions of market leaders in our areas of focus. During the year, we took a substantial stake in Skillsoft, which is now public, while acquiring Stack Overflow and GoodHabitz. This positions us well within the key enterprise education market. Our Edtech investments currently reach over 500 million users and cover the full span of the sector from kindergarten through to grade 12 (K-12) and beyond, into third- and enterprise-level education. In April 2021, to improve our financial flexibility and reinforce our balance sheet, we sold 2% of Tencent's issued share capital, generating proceeds of US$14.6bn and reducing our holding to 28.9%. Proceeds were used to fund our strategic ambitions and two share buyback programmes that enhanced net asset value per share. Tencent has been impacted by regulatory action and the economic impact of Covid-19, which has resulted in slower growth and a tough macroeconomic environment. We are firm believers that the company will recover from this and generate significant value for shareholders and remain committed long-term investors in Tencent. The group remains focused on building on the strong momentum in our Ecommerce portfolio. We will continue to invest in our platforms and to grow the opportunity set within each segment. We aim to build on the underlying strength of each business through the creation of customer ecosystems, particularly in autos transactions, credit and digital banking, and food, convenience and grocery delivery. At the same time, we are driving profitability and cash generation in more mature core businesses. Our goal is to build an Ecommerce portfolio that will deliver sustainable value creation over the long term for all stakeholders. Furthermore, the group will endeavour to take further steps to crystallise the value we have created over time. Given the wide geographical span of our operations and significant M&A activity in Ecommerce, reported earnings were materially impacted by foreign exchange movements and the effects of acquisitions and disposals. Where relevant in this short-form results announcement, we have adjusted for these effects. These adjustments (alternative performance measures) are quoted in brackets after the equivalent metrics reported under International Financial Reporting Standards (IFRS). These growth rates represent a comparison between the year ended 31 March 2022 and the previous year ended 31 March 2021, unless otherwise stated. Financial review The group's financial highlights for the year ended 31 March 2022 are outlined below: Year ended 31 March 2021 2022 2022 2022 2022 2022 2022 2022 A B C D E F(2) G(3) H(4) Group Group composition composition Foreign Local Local disposal acquisition currency currency currency IFRS 8(1) adjustment adjustment adjustment growth IFRS 8(1) growth IFRS 8 US$'m US$'m US$'m US$'m US$'m US$'m % change % change Revenue Ecommerce 6 849 (134) 806 (164) 3 299 10 656 49 56 - Classifieds 1 609 (33) 64 (118) 1 453 2 975 92 85 - Food Delivery 1 486 (9) 374 (1) 1 142 2 992 77 amp;gt;100 - Payments and Fintech 577 (7) 9 (38) 255 796 45 38 - Edtech 115 14 225 - 71 425 55 amp;gt;100 - Etail 2 856 (2) 10 (4) 226 3 086 8 8 - Other 206 (97) 124 (3) 152 382 amp;gt;100 85 Social and Internet Platforms 22 526 (1 497) 70 1 305 3 390 25 794 16 15 - Tencent 22 155 (1 493) - 1 302 3 297 25 261 16 14 - VK (previously Mail.ru) 371 (4) 70 3 93 533 25 44 Media 211 - - 20 26 257 12 22 Corporate segment - - - - - - - - Intersegmental - - - - (1) (1) amp;lt;(100) amp;lt;(100) Group economic interest 29 586 (1 631) 876 1 161 6 714 36 706 24 24 Trading profit Ecommerce (439) 46 (231) 3 (499) (1 120) amp;lt;(100) amp;lt;(100) - Classifieds 15 13 (3) 9 (9) 25 (32) 67 - Food Delivery (355) 33 (129) (2) (271) (724) (84) amp;lt;(100) - Payments and Fintech (68) 6 (1) (5) 8 (60) 13 12 - Edtech (14) 1 (48) (1) (55) (117) amp;lt;(100) amp;lt;(100) - Etail 61 - (3) 3 (103) (42) amp;lt;(100) amp;lt;(100) - Other (78) (7) (47) (1) (69) (202) (81) amp;lt;(100) Social and Internet Platforms 6 154 (413) (5) 342 241 6 319 4 3 - Tencent 6 126 (413) - 342 218 6 273 4 2 - VK (previously Mail.ru) 28 - (5) - 23 46 82 64 Media (8) - - 1 24 17 amp;gt;100 amp;gt;100 Corporate segment (152) (1) - (1) (63) (217) (41) (43) Group economic interest 5 555 (368) (236) 345 (297) 4 999 (6) (10) (1) Figures presented on an economic-interest basis as per the segmental review. (2) A + B + C + D + E. (3) [E/(A + B)] x 100. (4) [(F/A) - 1] x 100. The group delivered strong progress for the year ended 31 March 2022. Group revenue, measured on an economic-interest basis, grew 24% (24%) to US$36.7bn. This was driven by Ecommerce revenues, which rose 56% (49%). Our economic-interest share in Tencent's revenue grew 14% (16%) off a sizable prior-year base. Group trading profit reduced 10% (6%) to US$5bn. Tencent's contribution to the group's trading profit improved by 2% (4%). Core headline earnings were US$2.1bn - down 40% (16%), impacted by our sale of 2% interest in Tencent and Tencent's reduced contribution to core as a result of increased losses from its associates. On a consolidated basis, total revenue increased by US$2bn, or 34% (37%), from US$5.9bn in the prior year to US$7.9bn, with strong contributions from all the segments. As we continue to invest in organically building out customer ecosystems across our segments, trading losses expanded from US$224m to US$589m, mostly driven by investment in Food Delivery, our Etail segment and acquisitions in Edtech. Equity-accounted results from our associate investments increased to US$9.3bn, or 31%, from US$7.1bn in the prior year, with positive contributions from Tencent and Delivery Hero. Share of equity-accounted results includes investment disposal gains of US$6.2bn, net fair-value gains on financial instruments of US$1.8bn, and impairment losses of US$1.1bn recognised in Tencent and Delivery Hero reported results. The group recognised a gain of US$12.3bn on the income statement due to the trimming of our holding in Tencent. Furthermore, the group recognised impairment losses on goodwill and equity-accounted investments. Impairment losses of US$246m recognised on goodwill related to Stack Overflow, primarily as a result of the current market conditions and the increase in risk-free rates which resulted in an increase in the discount rate. Equity-accounted investments were impaired by US$589.1m, of which US$474m related to the impairment of VK. In March 2022, the group's directors resigned with immediate effect from the VK board and discontinued equity-accounting the investment going forward on account of a loss of significant influence. The group reclassified the foreign currency translation reserve amounting to a loss of US$1.14bn from 'Other comprehensive income' to the income statement as a result of the loss of significant influence over the investment. Headline earnings decreased by US$2.5bn to US$1.6bn. This is mainly due to the decrease in contribution to headline earnings from associates of US$2.8bn, the increase in trading losses in Ecommerce and the increase in net finance cost (US$143m). This was partially offset by the decrease in the share-based compensation expenses of the group (US$632m). Investments have been funded from upstreamed dividends, asset sales and more efficient use of the group's balance sheet. During the year, we raised additional capital of US$9.25bn in bonds at attractive interest rates, further enhancing our financial position, improving liquidity, and extending debt maturities. Some of the proceeds were used to settle US$1.6bn 2025 and 2027 notes. The group has no debt maturities due until 2025, and 87% of our debt is due after five years and just under 60% due in the next 10 years. We ended the year with a strong and liquid balance sheet comprising US$13.6bn in cash and cash equivalents (including short-term cash investments) and interest-bearing debt of US$15.7bn (excluding capitalised lease liabilities). We also hold an undrawn US$2.7bn revolving credit facility. This sound financial position will enable us to deliver on our strategy to scale our businesses and, over time, deliver significant and sustainable profitability and cash flow generation. Overall, we recorded a net interest expense of US$347m for the year, elevated from the prior year, given new bond issuances and an additional US$217m related to early settlement of the 2025 and 2027 bonds. Consolidated free cash outflow was US$701m, a decrease on the prior year's free cash outflow of US$4m. We stepped up operational and working capital, and capital expenditure investment across our businesses. Working capital requirements have increased as we invest in OLX Autos and the Payments and Fintech segment. In autos, we are taking on more inventory as the business expands and moves towards a consumer-facing business. In Payments and Fintech, we accelerated the pace to scale our India credit initiatives, resulting in increased receivables outstanding at year-end. The increased capital expenditure was mainly driven by distribution centre equipment and expansions at eMAG. This was offset by increased dividends from Tencent of US$571m (FY21: US$458m). Tencent dividends remain a meaningful and stable contributor to our cash flow. After year-end in June 2022, we received our annual cash dividend of US$565m from Tencent for FY23. In addition, Tencent paid a special interim dividend in the form of a distribution in specie of JD.com shares. The group received 131 873 028 JD.com shares in March 2022, representing a 4% effective interest in JD.com valued at US$3.9bn at 31 March 2022. Subsequently, the group disposed of its full stake in JD.com for proceeds of approximately US$3.6bn. There were no new or amended accounting pronouncements effective 1 April 2021 with a significant impact on the group's consolidated financial statements. The company's external auditor has not reviewed or reported on forecasts included in this short-form results announcement. Preparation of the short-form results announcement The preparation of the short-form results announcement was supervised by the group's financial director, Basil Sgourdos CA(SA). These results were made public on 27 June 2022. ADR programme Bank of New York Mellon maintains a Global BuyDIRECT(SM) plan for Naspers Limited. For additional information, visit Bank of New York Mellon's website at www.globalbuydirect.com or call Shareholder Relations at 1-888-BNY-ADRS or 1-800-345-1612 or write to: Bank of New York Mellon, Shareholder Relations Department - Global BuyDIRECT(SM), Church Street Station, PO Box 11258, New York, NY 10286-1258, USA. Important information This short-form results announcement contains forward-looking statements as defined in the United States Private Securities Litigation Reform Act of 1995 concerning our financial condition, results of operations and businesses. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control and all of which are based on our current beliefs and expectations about future events. Forward-looking statements are typically identified by the use of forward-looking terminology such as 'believes', 'expects', 'may', 'will', 'could', 'should', 'intends', 'estimates', 'plans', 'assumes' or 'anticipates', or associated negative, or other variations or comparable terminology, or by discussions of strategy that involve risks and uncertainties. These forward-looking statements and other statements contained in this short-form results announcement on matters that are not historical facts involve predictions. No assurance can be given that such future results will be achieved. Actual events or results may differ materially as a result of risks and uncertainties implied in such forward-looking statements. A number of factors could affect our future operations and could cause those results to differ materially from those expressed in the forward-looking statements, including (without limitation): (a) changes to IFRS and associated interpretations, applications and practices as they apply to past, present and future periods; (b) ongoing and future acquisitions, changes to domestic and international business and market conditions such as exchange rate and interest rate movements; (c) changes in domestic and international regulatory and legislative environments; (d) changes to domestic and international operational, social, economic and political conditions; (e) labour disruptions and industrial action; and (f) the effects of both current and future litigation. The forward-looking statements contained in this short-form results announcement apply only as of the date of this short-form results announcement. We are not under any obligation to (and expressly disclaim any such obligation to) revise or update any forward-looking statements to reflect events or circumstances after the date of this short-form results announcement or to reflect the occurrence of unanticipated events. We cannot give any assurance that forward-looking statements will prove correct and investors are cautioned not to place undue reliance on any forward-looking statements. Further information This short-form results announcement is the responsibility of the directors and is only a summary of the information in the annual financial statements. The annual financial statements was released on SENS on 27 June 2022 and can be found on the company's website, www.naspers.com, and can also be viewed on the JSE link, https://senspdf.jse.co.za/documents/2022/JSE/ISSE/NPN/YE22.pdf. Copies of the annual financial statements may also be requested from the company's registered office, at no charge, during office hours. The annual financial statements for year ended 31 March 2022 has been audited by PricewaterhouseCoopers Inc., our independent auditor. Their unqualified report which includes key audit matters is appended to the annual financial statements and is available on www.naspers.com. Any investment decision should be based on the annual financial statements published on SENS and the company's website. The information in this short-form results announcement has been extracted from the reviewed information published on SENS, but the short-form results announcement itself was not reviewed. On behalf of the board Koos Bekker Bob van Dijk Chair Chief executive Cape Town 27 June 2022 Directors: JP Bekker (chair), B van Dijk (chief executive), S Dubey, HJ du Toit, CL Enenstein, M Girotra, RCC Jafta, AGZ Kemna, FLN Letele, D Meyer, R Oliveira de Lima, SJZ Pacak, V Sgourdos, MR Sorour, JDT Stofberg, Y Xu Company secretary: L Bagwandeen Registered office: 40 Heerengracht, Cape Town 8001 (PO Box 2271, Cape Town 8000) Transfer secretaries: JSE Investor Services Proprietary Limited, 13th Floor Rennie House, 19 Ameshoff Street, Braamfontein 2001 (PO Box 4844, Johannesburg 2000, South Africa) Sponsor: Investec Bank Limited www.naspers.com Date: 27-06-2022 07:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Change in directorate OLD MUTUAL LIFE ASSURANCE COMPANY (SOUTH AFRICA) LIMITED Registration number 1999/004643/06 JSE alpha code: OLDM ("OMLACSA" or "the Company") 27 June 2022 CHANGE IN DIRECTORATE In compliance with rule 6.39 of the JSE Debt Listing requirements, OMLACSA announces the resignation of Nosipho Molope as an independent non-executive director of the Company, with effect from 30 June 2022. Nosipho has completed her nine year tenure as a director on OMLACSA and will take up a position as Non-Executive Director of a company in the financial services sector. The Board wish to express its deepest appreciation for Nosipho's significant contribution as Board member, specifically as Audit committee Chairperson, a position she held until 31 October 2021. Sandton Debt Sponsor: Nedbank Corporate and Investment Banking , a division of Nedbank Limited Date: 27-06-2022 07:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Information regarding the composition of the reference portfolio underlying the notes UBS AG, London Branch ("UBS AG" or the "Company") (Incorporated and domiciled in Switzerland) (Registration number: CHE-101.329.561) Share code: UEFPCA ISIN: ZAE000255477 Share code: UMMIEA ISIN: ZAE000261392 Share code: UMMIEB ISIN: ZAE000261400 Share code: UABSPA ISIN: ZAE000261590 Share code: UPCHPA ISIN: ZAE000263943 Share code: UOMWPA ISIN: ZAE000263919 Share code: USQCPA ISIN: ZAE000266409 Share code: UABCPA ISIN: ZAE000266417 Share code: UEFPCB ISIN: ZAE000277679 Share code: UMMIES ISIN: ZAE000278446 Share code: FNBGSE ISIN: ZAE000285433 Share code: FNBGEG ISIN: ZAE000285441 Share code: UEXGEP ISIN: ZAE000285425 Share code: URETGP ISIN: ZAE000285458 INFORMATION REGARDING THE COMPOSITION OF THE REFERENCE PORTFOLIO UNDERLYING THE NOTES Holders and prospective investors are advised that the reference portfolio to the above notes may have been adjusted, pursuant to the final terms, on the previous business day. Further important information regarding the current composition (including the respective weights) and the current level of the reference portfolio underlying the notes can be requested free of charge at any time from UBS South Africa at the contact details set out below. This information may be material in relation to the value of the notes and the level of risk which is associated with the notes. UBS South Africa (Pty) Ltd, 144 Oxford Road 2196 Johannesburg (South Africa) Tel.: +27-(0)11 322 7000 E-mail: keyinvestza@ubs.com For further information kindly contact: UBS KeyInvest South Africa Tel.: +27 11 322 7129 / 7317 E-mail: keyinvestza@ubs.com Web: http://keyinvest-za.ubs.com Johannesburg 27 June 2022 Sponsor: UBS South Africa (Pty) Limited Date: 27-06-2022 07:08:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

The Group announces the Beginning of an Open-Ended Share Repurchase Programme of Prosus and Naspers Shares NASPERS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1925/001431/06) JSE share code: NPN ISIN: ZAE000015889 ("Naspers") NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, INTO OR IN ANY JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW. PLEASE SEE THE IMPORTANT NOTICE AND DISCLAIMERS AT THE END OF THIS ANNOUNCEMENT. THE GROUP ANNOUNCES THE BEGINNING OF AN OPEN-ENDED SHARE REPURCHASE PROGRAMME OF PROSUS AND NASPERS SHARES Naspers and Prosus today announce a long-term share repurchase programme of Naspers and Prosus shares. The programme is designed to increase net asset value per share, taking advantage of both Prosus's and Naspers's trading discounts to their underlying net asset value. The repurchase programme is open-ended and will run as long as elevated levels of the trading discount to the Group's underlying net asset value persist. The repurchase programme will be funded by an orderly, on-market sale of Tencent shares held by the Group. Tencent is supportive of the withdrawal by Prosus of its voluntary restriction on the sale of its Tencent Shares. The board of directors of Naspers Limited ("Naspers Board") and board of directors ("Prosus Board") of Prosus N.V. ("Prosus") are pleased to announce the beginning of an open-ended, repurchase programme in respect of the ordinary shares N in the capital of Prosus ("Prosus Shares") and N ordinary shares ("Naspers Shares") in the share capital of Naspers, from the respective Prosus and Naspers (together the "Group") free-float shareholders (together the "Repurchase Programme"). The Repurchase Programme is expected to efficiently unlock immediate value for the shareholders of Prosus ("Prosus Shareholders") and Naspers ("Naspers Shareholders"). Prosus will begin selling small numbers of ordinary shares in Tencent Holdings Limited ("Tencent") held by the Group ("Tencent Shares") regularly and in an orderly manner, while concurrently purchasing Prosus Shares and Naspers Shares pursuant to the Repurchase Programme, as long as the Group's trading discount to net asset value is at elevated levels. Tencent is supportive of the withdrawal by Prosus of its voluntary restriction on the sale of its Tencent Shares. The Naspers Board and Prosus Board have great confidence in Tencent's long term prospects and the execution of the Repurchase Programme will result in the Group increasing its exposure to Tencent on a per share basis. At elevated levels of trading discount, however, the Naspers Board and Prosus Board believe that repurchasing Prosus Shares and Naspers Shares and monetising part of the Group's Tencent holding in order to implement the Repurchase Programme, is in the best interests of Prosus, Naspers and their respective shareholders. The Repurchase Programme has been designed to manage the number of Prosus Shares and Naspers Shares that will be repurchased and Tencent Shares that will be sold on a daily basis. Furthermore, the Group intends to repurchase Prosus Shares and Naspers Shares within regulatory limits, specifically the Market Abuse Regulation (as defined below), and intends to do so in a balanced way over time. The Group anticipates that the number of Tencent Shares that will be sold per day will represent a small percentage of average daily traded volume of Tencent Shares. For example, had the Group executed the Repurchase Programme over the last three months within European regulatory limits, the resulting Tencent Shares that would have been sold on a daily basis would have been, on average, not more than approximately 3 - 5% of average daily traded volume. In the future Naspers might, subject to the requisite regulatory approvals being obtained, dispose of certain of the Prosus Shares that it holds in order to provide further funding for the repurchase of Naspers Shares pursuant to the Repurchase Programme. As the Group takes this action intended to unlock value for shareholders, it will also work towards maintaining an Investment Grade rating. In this regard, shareholders are referred to the announcement released by the Group today outlining that it has realised approximately US$3.67 billion through the disposal of its shares in JD.com, Inc. and that such proceeds are to be retained by the Group for general corporate and liquidity purposes. The Repurchase Programme, funded by the orderly, on-market sale of Tencent Shares, is an important step towards creating additional value for shareholders by increasing net asset value per share. The Naspers Board and Prosus Board also remain committed to better evidencing, and crystalising, the value of the Group's ecommerce portfolio. Bob van Dijk, CEO of Prosus and Naspers commented: "Today, we are announcing a open-ended share repurchase programme that is designed to unlock significant value for our shareholders over time. We expect the programme to significantly increase the net asset values per share for Prosus and Naspers. It will also rebalance our asset base towards our fast-growing non-Tencent assets, whose value we expect to increase over time, while retaining exposure to Tencent's significant value creation potential. We will continue to execute our long-term strategy to build valuable consumer internet businesses to deliver sustainable returns over the long term." Naspers and Prosus have appointed intermediaries to execute the Repurchase Programme and sale of Tencent Shares, within parameters set by the Group during open periods and subject to applicable law and regulation. The intermediaries will execute the Repurchase Programme and sale of Tencent Shares independently from, and uninfluenced by, Naspers and Prosus. The Repurchase Programme will commence immediately and is open-ended. Prosus intends to cancel the Prosus Shares repurchased by it under the Repurchase Programme in due course, so as to reduce its issued share capital. The Repurchase Programme will be implemented in accordance with, and subject to, applicable law and regulations, as well as the authority granted by Naspers Shareholders at the Annual General Meeting on 25 August 2021 and Prosus Shareholders at the Annual General Meeting on 24 August 2021 ("Prosus Shareholder Authorisation") respectively, as renewed from time to time, including as to the maximum number of shares that can be repurchased under the Repurchase Programme. In respect of the Prosus Shareholder Authorisation, which was granted for a maximum period of 18 months from the Prosus Annual General Meeting held on 24 August 2021, having regard to the Prosus Shares already repurchased, a maximum of 264,914,808 Prosus Shares may be repurchased at a price, excluding expenses, not lower than the nominal value of the shares and not higher than the opening price on Euronext Amsterdam on the trading day of the repurchase or when the agreement to acquire the shares is entered into, plus 10%. At the 2022 Prosus Annual General Meeting authorisation will be sought, for a similar maximum duration of 18 months from the date of the 2022 Prosus Annual General Meeting, from Prosus Shareholders to increase the level of the Prosus Shareholder Authorisation to a maximum of 50% of the total issued share capital of Prosus as per the date of the annual general meeting, and the same pricing parameters outlined in the Prosus Shareholder Authorisation will apply. The Group will provide weekly updates on the Repurchase Programme in accordance with the Market Abuse Regulation (as defined below) by means of press releases and announcements on the JSE's Stock Exchange News Service (SENS), and, together with details on a daily basis, on the Prosus website (www.prosus.com). Shareholders are advised that the Group will host a call at 16:00 CET on Monday, 27 June 2022 with Bob van Dijk, the Prosus and Naspers CEO, and Basil Sgourdos, the Prosus and Naspers CFO, during which the full year results for the year ending 31 March 2022 and the Repurchase Programme will be discussed. Details of the conference call are: Date: 27 June 2022 Time: 16:00 CET Web pre-registration: Shareholders are requested to pre-register for this conference call by visiting www.prosus.com and following the instructions provided. Cape Town, South Africa 27 June 2022 JSE Sponsor to Prosus and Naspers: Investec Bank Limited South African Legal Advisor to Prosus and Naspers: Webber Wentzel Dutch Legal Advisor to Prosus and Naspers: Allen & Overy LLP Hong Kong Legal Advisor to Prosus and Naspers: Paul, Weiss, Rifkind, Wharton & Garrison LLP Structuring Agents to Prosus: Goldman Sachs Bank Europe SE and Morgan Stanley Bank Europe SE Enquiries Investor Enquiries +1 347-210-4305 Eoin Ryan, Head of Investor Relations Media Enquiries + 27 78 802 6310 Shamiela Letsoalo, Media Relations Director About Naspers Established in 1915, Naspers has transformed itself to become a global consumer internet company and one of the largest technology investors in the world. Through Prosus, the group operates and invests globally in markets with long-term growth potential, building leading consumer internet companies that empower people and enrich communities. Prosus has its primary listing on Euronext Amsterdam and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus. In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies in the country. These include Takealot, Mr D Food, Superbalist, Autotrader, Property24 and PayU, in addition to Media24, South Africa's leading print and digital media business. Naspers has a primary listing on the Johannesburg Stock Exchange (NPN.SJ) and a secondary listing on the A2X Exchange (NPN.AJ) in South Africa and has a level 1 American Depository Receipt (ADR) programme which trades on an over-the-counter basis in the US. For more information, please visit www.naspers.com Naspers Foundry Naspers is focused on stimulating South Africa's local tech sector through Naspers Foundry. This is a R1.4 billion investment vehicle that invests in early-stage technology companies that seek to address big societal needs. Naspers Labs In 2019, Naspers Labs, a youth development programme designed to transform and launch South Africa's unemployed youth into economic activity, was launched. Naspers Labs focuses on digital skills and training, enabling young people to pursue tech careers. Naspers for Good Naspers employees are equally committed to giving back. Naspers for Good is a corporate philanthropy fund administered by a committee of employees in South Africa. Through the fund, Naspers forms partnerships with organisations that have a proven track record of delivering solutions for the most pressing challenges affecting our communities. Email causes@naspers.com for more information. Response to COVID-19 Naspers contributed R1.5 billion of emergency aid to support the South African government's response to the COVID-19 pandemic. This contribution consisted of R500 million towards the Solidarity Fund, and R1 billion worth of PPE sourced and distributed to South Africa's front-line healthcare workers. In addition, Naspers contributed R6.9 million to the Nelson Mandela Foundation's EachOne FeedOne programme to support families impacted by COVID-19 with meals for a year. About Prosus Prosus is a global consumer internet group and one of the largest technology investors in the world. Operating and investing globally in markets with long-term growth potential, Prosus builds leading consumer internet companies that empower people and enrich communities. The group is focused on building meaningful businesses in the online classifieds, food delivery, payments and fintech, and education technology sectors in markets including India and Brazil. Through its ventures team, Prosus invests in areas including health, logistics, blockchain, and social commerce. Prosus actively seeks new opportunities to partner with exceptional entrepreneurs using technology to improve people's everyday lives. Every day, billions of customers use the products and services of companies that Prosus has invested in, acquired or built, including 99minutos, Airmeet, Aruna, AutoTrader, Autovit.ro, Azos, BandLab, Bibit, Biome Makers, Borneo, Brainly, BUX, BYJU'S, Bykea, Captain Fresh, Codecademy, Collective Benefits, Creditas, DappRadar, DeHaat, Domofond.ru, dott, EduMe, ElasticRun, eMAG, Endowus, Eruditus, EVERY, Facily, Flink, Foodics, Good Glamm Group, GoodHabitz, GoStudent, Honor, iFood, Imovirtual, Klar, Kovi, LazyPay, letgo, Luno, Mensa Brands, Meesho, merXu, Movile, Oda, OLX, Otodom, OTOMOTO, PaySense, PayU, Pharmeasy, Platzi, Property24, Quick Ride, Red Dot Payment, Republic, Shipper, ShopUp, SoloLearn, Stack Overflow, Standvirtual, Superside, Swiggy, Thndr, Tonik, Ula, Urban Company, Wayflyer, and Wolt. Hundreds of millions of people have made the platforms of Prosus's associates a part of their daily lives. For listed companies where we have an interest, please see: Tencent, Delivery Hero, Remitly, Trip.com, Udemy, Skillsoft, Sinch, and SimilarWeb. Today, Prosus companies and associates help improve the lives of more than two billion people around the world. Prosus has a primary listing on Euronext Amsterdam (AEX:PRX) and secondary listings on the Johannesburg Stock Exchange (XJSE:PRX) and a2X Markets (PRX.AJ). Prosus is majority-owned by Naspers. For more information, please visit www.prosus.com. IMPORTANT NOTICE AND DISCLAIMER The Repurchase Programme is being conducted in accordance with Articles 5(1) and 5(3) of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse ("Market Abuse Regulation") and Articles 2 to 4 of Commission Delegated Regulation (EU) 2016/1052 supplementing the Market Abuse Regulation with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures (the "Delegated Regulation"). This document is issued in connection with the disclosure and reporting obligation set out in Article 2(1) of the Delegated Regulation. This document contains information that qualifies as inside information within the meaning of Article 7(1) of the Market Abuse Regulation. The Naspers Board and the Prosus Board reserve the right, in their discretion, to not proceed with the Repurchase Programme and/or the transactions envisaged in this announcement and/or to stop the Repurchase Programme and/or the transactions envisaged in this announcement (or any component thereof) at any time. This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction. The information contained in this announcement may contain forward-looking statements, estimates and projections. Forward-looking statements involve all matters that are not historical and may be identified by the words "anticipate", "believe", "estimate", "expect", "intend", "may", "should", "will", "would" and similar expressions or their negatives, but the absence of these words does not necessarily mean that a statement is not forward-looking. These statements reflect Naspers's and Prosus's intentions, beliefs or current expectations, involve elements of subjective judgement and analysis and are based upon the best judgement of Naspers and Prosus as of the date of this announcement, but could prove to be wrong. These statements are subject to change without notice and are based on a number of assumptions and entail known and unknown risks and uncertainties. Therefore, you should not rely on these forward-looking statements as a prediction of actual results. Any forward-looking statements are made only as of the date of this announcement and neither Naspers and Prosus nor any other person gives any undertaking, or is under any obligation, to update these forward-looking statements for events or circumstances that occur subsequent to the date of this announcement or to update or keep current any of the information contained herein, any changes in assumptions or changes in factors affecting these statements and this announcement is not a representation by Naspers, Prosus or any other person that they will do so, except to the extent required by law. Date: 27-06-2022 07:07:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

The Group announces the beginning of an Open-Ended Share Repurchase Programme of Prosus and Naspers Shares PROSUS N.V. (Incorporated in the Netherlands) (Legal Entity Identifier: 635400Z5LQ5F9OLVT688) ISIN: NL0013654783 Euronext Amsterdam and JSE share code: PRX (Prosus or the Company) NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, INTO OR IN ANY JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW. PLEASE SEE THE IMPORTANT NOTICE AND DISCLAIMERS AT THE END OF THIS ANNOUNCEMENT. THE GROUP ANNOUNCES THE BEGINNING OF AN OPEN-ENDED SHARE REPURCHASE PROGRAMME OF PROSUS AND NASPERS SHARES Naspers and Prosus today announce a long-term share repurchase programme of Naspers and Prosus shares. The programme is designed to increase net asset value per share, taking advantage of both Prosus's and Naspers's trading discounts to their underlying net asset value. The repurchase programme is open-ended and will run as long as elevated levels of the trading discount to the Group's underlying net asset value persist. The repurchase programme will be funded by an orderly, on-market sale of Tencent shares held by the Group. Tencent is supportive of the withdrawal by Prosus of its voluntary restriction on the sale of its Tencent Shares. The board of directors of Naspers Limited ("Naspers Board") and board of directors ("Prosus Board") of Prosus N.V. ("Prosus") are pleased to announce the beginning of an open-ended, repurchase programme in respect of the ordinary shares N in the capital of Prosus ("Prosus Shares") and N ordinary shares ("Naspers Shares") in the share capital of Naspers, from the respective Prosus and Naspers (together the "Group") free-float shareholders (together the "Repurchase Programme"). The Repurchase Programme is expected to efficiently unlock immediate value for the shareholders of Prosus ("Prosus Shareholders") and Naspers ("Naspers Shareholders"). Prosus will begin selling small numbers of ordinary shares in Tencent Holdings Limited ("Tencent") held by the Group ("Tencent Shares") regularly and in an orderly manner, while concurrently purchasing Prosus Shares and Naspers Shares pursuant to the Repurchase Programme, as long as the Group's trading discount to net asset value is at elevated levels. Tencent is supportive of the withdrawal by Prosus of its voluntary restriction on the sale of its Tencent Shares. The Naspers Board and Prosus Board have great confidence in Tencent's long term prospects and the execution of the Repurchase Programme will result in the Group increasing its exposure to Tencent on a per share basis. At elevated levels of trading discount, however, the Naspers Board and Prosus Board believe that repurchasing Prosus Shares and Naspers Shares and monetising part of the Group's Tencent holding in order to implement the Repurchase Programme, is in the best interests of Prosus, Naspers and their respective shareholders. The Repurchase Programme has been designed to manage the number of Prosus Shares and Naspers Shares that will be repurchased and Tencent Shares that will be sold on a daily basis. Furthermore, the Group intends to repurchase Prosus Shares and Naspers Shares within regulatory limits, specifically the Market Abuse Regulation (as defined below), and intends to do so in a balanced way over time. The Group anticipates that the number of Tencent Shares that will be sold per day will represent a small percentage of average daily traded volume of Tencent Shares. For example, had the Group executed the Repurchase Programme over the last three months within European regulatory limits, the resulting Tencent Shares that would have been sold on a daily basis would have been, on average, not more than approximately 3 - 5% of average daily traded volume. In the future Naspers might, subject to the requisite regulatory approvals being obtained, dispose of certain of the Prosus Shares that it holds in order to provide further funding for the repurchase of Naspers Shares pursuant to the Repurchase Programme. As the Group takes this action intended to unlock value for shareholders, it will also work towards maintaining an Investment Grade rating. In this regard, shareholders are referred to the announcement released by the Group today outlining that it has realised approximately US$3.67 billion through the disposal of its shares in JD.com, Inc. and that such proceeds are to be retained by the Group for general corporate and liquidity purposes. The Repurchase Programme, funded by the orderly, on-market sale of Tencent Shares, is an important step towards creating additional value for shareholders by increasing net asset value per share. The Naspers Board and Prosus Board also remain committed to better evidencing, and crystalising, the value of the Group's ecommerce portfolio. Bob van Dijk, CEO of Prosus and Naspers commented: "Today, we are announcing a open-ended share repurchase programme that is designed to unlock significant value for our shareholders over time. We expect the programme to significantly increase the net asset values per share for Prosus and Naspers. It will also rebalance our asset base towards our fast-growing non-Tencent assets, whose value we expect to increase over time, while retaining exposure to Tencent's significant value creation potential. We will continue to execute our long-term strategy to build valuable consumer internet businesses to deliver sustainable returns over the long term." Naspers and Prosus have appointed intermediaries to execute the Repurchase Programme and sale of Tencent Shares, within parameters set by the Group during open periods and subject to applicable law and regulation. The intermediaries will execute the Repurchase Programme and sale of Tencent Shares independently from, and uninfluenced by, Naspers and Prosus. The Repurchase Programme will commence immediately and is open-ended. Prosus intends to cancel the Prosus Shares repurchased by it under the Repurchase Programme in due course, so as to reduce its issued share capital. The Repurchase Programme will be implemented in accordance with, and subject to, applicable law and regulations, as well as the authority granted by Naspers Shareholders at the Annual General Meeting on 25 August 2021 and Prosus Shareholders at the Annual General Meeting on 24 August 2021 ("Prosus Shareholder Authorisation") respectively, as renewed from time to time, including as to the maximum number of shares that can be repurchased under the Repurchase Programme. In respect of the Prosus Shareholder Authorisation, which was granted for a maximum period of 18 months from the Prosus Annual General Meeting held on 24 August 2021, having regard to the Prosus Shares already repurchased, a maximum of 264,914,808 Prosus Shares may be repurchased at a price, excluding expenses, not lower than the nominal value of the shares and not higher than the opening price on Euronext Amsterdam on the trading day of the repurchase or when the agreement to acquire the shares is entered into, plus 10%. At the 2022 Prosus Annual General Meeting authorisation will be sought, for a similar maximum duration of 18 months from the date of the 2022 Prosus Annual General Meeting, from Prosus Shareholders to increase the level of the Prosus Shareholder Authorisation to a maximum of 50% of the total issued share capital of Prosus as per the date of the annual general meeting, and the same pricing parameters outlined in the Prosus Shareholder Authorisation will apply. The Group will provide weekly updates on the Repurchase Programme in accordance with the Market Abuse Regulation (as defined below) by means of press releases and announcements on the JSE's Stock Exchange News Service (SENS), and, together with details on a daily basis, on the Prosus website (www.prosus.com). Shareholders are advised that the Group will host a call at 16:00 CET on Monday, 27 June 2022 with Bob van Dijk, the Prosus and Naspers CEO, and Basil Sgourdos, the Prosus and Naspers CFO, during which the full year results for the year ending 31 March 2022 and the Repurchase Programme will be discussed. Details of the conference call are: Date: 27 June 2022 Time: 16:00 CET Web pre-registration: Shareholders are requested to pre-register for this conference call by visiting www.prosus.com and following the instructions provided. Amsterdam, the Netherlands 27 June 2022 JSE Sponsor to Prosus and Naspers: Investec Bank Limited South African Legal Advisor to Prosus and Naspers: Webber Wentzel Dutch Legal Advisor to Prosus and Naspers: Allen & Overy LLP Hong Kong Legal Advisor to Prosus and Naspers: Paul, Weiss, Rifkind, Wharton & Garrison LLP Structuring Agents to Prosus: Goldman Sachs Bank Europe SE and Morgan Stanley Bank Europe SE Enquiries Investor Enquiries +1 347-210-4305 Eoin Ryan, Head of Investor Relations Media Enquiries + 27 78 802 6310 Shamiela Letsoalo, Media Relations Director About Naspers Established in 1915, Naspers has transformed itself to become a global consumer internet company and one of the largest technology investors in the world. Through Prosus, the group operates and invests globally in markets with long-term growth potential, building leading consumer internet companies that empower people and enrich communities. Prosus has its primary listing on Euronext Amsterdam and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus. In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies in the country. These include Takealot, Mr D Food, Superbalist, Autotrader, Property24 and PayU, in addition to Media24, South Africa's leading print and digital media business. Naspers has a primary listing on the Johannesburg Stock Exchange (NPN.SJ) and a secondary listing on the A2X Exchange (NPN.AJ) in South Africa and has a level 1 American Depository Receipt (ADR) programme which trades on an over-the-counter basis in the US.. For more information, please visit www.naspers.com Naspers Foundry Naspers is focused on stimulating South Africa's local tech sector through Naspers Foundry. This is a R1.4 billion investment vehicle that invests in early-stage technology companies that seek to address big societal needs. Naspers Labs In 2019, Naspers Labs, a youth development programme designed to transform and launch South Africa's unemployed youth into economic activity, was launched. Naspers Labs focuses on digital skills and training, enabling young people to pursue tech careers. Naspers for Good Naspers employees are equally committed to giving back. Naspers for Good is a corporate philanthropy fund administered by a committee of employees in South Africa. Through the fund, Naspers forms partnerships with organisations that have a proven track record of delivering solutions for the most pressing challenges affecting our communities. Email causes@naspers.com for more information. Response to COVID-19 Naspers contributed R1.5 billion of emergency aid to support the South African government's response to the COVID-19 pandemic. This contribution consisted of R500 million towards the Solidarity Fund, and R1 billion worth of PPE sourced and distributed to South Africa's front-line healthcare workers. In addition, Naspers contributed R6.9 million to the Nelson Mandela Foundation's EachOne FeedOne programme to support families impacted by COVID-19 with meals for a year. About Prosus Prosus is a global consumer internet group and one of the largest technology investors in the world. Operating and investing globally in markets with long-term growth potential, Prosus builds leading consumer internet companies that empower people and enrich communities. The group is focused on building meaningful businesses in the online classifieds, food delivery, payments and fintech, and education technology sectors in markets including India and Brazil. Through its ventures team, Prosus invests in areas including health, logistics, blockchain, and social commerce. Prosus actively seeks new opportunities to partner with exceptional entrepreneurs using technology to improve people's everyday lives. Every day, billions of customers use the products and services of companies that Prosus has invested in, acquired or built, including 99minutos, Airmeet, Aruna, AutoTrader, Autovit.ro, Azos, BandLab, Bibit, Biome Makers, Borneo, Brainly, BUX, BYJU'S, Bykea, Captain Fresh, Codecademy, Collective Benefits, Creditas, DappRadar, DeHaat, Domofond.ru, dott, EduMe, ElasticRun, eMAG, Endowus, Eruditus, EVERY, Facily, Flink, Foodics, Good Glamm Group, GoodHabitz, GoStudent, Honor, iFood, Imovirtual, Klar, Kovi, LazyPay, letgo, Luno, Mensa Brands, Meesho, merXu, Movile, Oda, OLX, Otodom, OTOMOTO, PaySense, PayU, Pharmeasy, Platzi, Property24, Quick Ride, Red Dot Payment, Republic, Shipper, ShopUp, SoloLearn, Stack Overflow, Standvirtual, Superside, Swiggy, Thndr, Tonik, Ula, Urban Company, Wayflyer, and Wolt. Hundreds of millions of people have made the platforms of Prosus's associates a part of their daily lives. For listed companies where we have an interest, please see: Tencent, Delivery Hero, Remitly, Trip.com, Udemy, Skillsoft, Sinch, and SimilarWeb. Today, Prosus companies and associates help improve the lives of more than two billion people around the world. Prosus has a primary listing on Euronext Amsterdam (AEX:PRX) and secondary listings on the Johannesburg Stock Exchange (XJSE:PRX) and a2X Markets (PRX.AJ). Prosus is majority-owned by Naspers. For more information, please visit www.prosus.com. IMPORTANT NOTICE AND DISCLAIMER The Repurchase Programme is being conducted in accordance with Articles 5(1) and 5(3) of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse ("Market Abuse Regulation") and Articles 2 to 4 of Commission Delegated Regulation (EU) 2016/1052 supplementing the Market Abuse Regulation with regard to regulatory technical standards for the conditions applicable to buy-back programmes and stabilisation measures (the "Delegated Regulation"). This document is issued in connection with the disclosure and reporting obligation set out in Article 2(1) of the Delegated Regulation. This document contains information that qualifies as inside information within the meaning of Article 7(1) of the Market Abuse Regulation. The Naspers Board and the Prosus Board reserve the right, in their discretion, to not proceed with the Repurchase Programme and/or the transactions envisaged in this announcement and/or to stop the Repurchase Programme and/or the transactions envisaged in this announcement (or any component thereof) at any time. This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction. The information contained in this announcement may contain forward-looking statements, estimates and projections. Forward-looking statements involve all matters that are not historical and may be identified by the words "anticipate", "believe", "estimate", "expect", "intend", "may", "should", "will", "would" and similar expressions or their negatives, but the absence of these words does not necessarily mean that a statement is not forward-looking. These statements reflect Naspers's and Prosus's intentions, beliefs or current expectations, involve elements of subjective judgement and analysis and are based upon the best judgement of Naspers and Prosus as of the date of this announcement, but could prove to be wrong. These statements are subject to change without notice and are based on a number of assumptions and entail known and unknown risks and uncertainties. Therefore, you should not rely on these forward-looking statements as a prediction of actual results. Any forward-looking statements are made only as of the date of this announcement and neither Naspers and Prosus nor any other person gives any undertaking, or is under any obligation, to update these forward-looking statements for events or circumstances that occur subsequent to the date of this announcement or to update or keep current any of the information contained herein, any changes in assumptions or changes in factors affecting these statements and this announcement is not a representation by Naspers, Prosus or any other person that they will do so, except to the extent required by law. Date: 27-06-2022 07:07:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Closed Period Share Repurchase Programme British American Tobacco p.l.c. Incorporated in England and Wales (Registration number: 03407696) Short name: BATS Share code: BTI ISIN number: GB0002875804 ("British American Tobacco p.l.c." or "the Company") British American Tobacco p.l.c. British American Tobacco p.l.c. (the "Company") 24 June 2022 Closed Period Share Repurchase Programme Further to the share buyback programme announcement on 11 February 2022, the Company announces that it has entered into an irrevocable, non-discretionary agreement with its broker, UBS AG, to purchase shares during the closed period commencing on 26 June 2022 and ending at the close of business on 26 July 2022, the day prior to the release of its half year results. UBS AG will make its trading decisions in relation to the Company's securities independently of, and uninfluenced by, the Company. The shares repurchased will be held in treasury. Any purchases will be undertaken within certain pre-set parameters, and in accordance with both the Company's general authority to repurchase shares and Chapter 12 of the Listing Rules which requires that the maximum price is an amount equal to 105 per cent of the average market value of the Company's shares for the five business days immediately preceding the date on which the Company's shares are purchased. The Company confirms that it currently has no unpublished inside information. Enquiries: Investor Relations Mike Nightingale/Victoria Buxton/William Houston/John Harney +44 20 7845 1180/2012/1138/1263 Sponsor: Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities Date: 27-06-2022 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Disposal of JD.com shares received from Tencent Holdings Limited NASPERS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1925/001431/06) JSE share code: NPN ISIN: ZAE000015889 (Naspers or the Company) DISPOSAL OF JD.COM SHARES RECEIVED FROM TENCENT HOLDINGS LIMITED Shareholders are advised that on 23 December 2021, the board of directors of Tencent Holdings Limited (Tencent), declared a special interim dividend in the form of a distribution in specie of Class A ordinary shares (the JD.com shares) of JD.com, Inc. (JD.com), a company whose American depositary shares are listed on NASDAQ Global Select Market (stock symbol: JD, ISIN Code: US47215P1066) and whose shares are listed on The Stock Exchange of Hong Kong Limited (HKEx) (stock code: 9618), representing a majority of the JD.com shares held by Tencent (the JD.com in specie distribution). Prosus N.V. (which is majority owned by Naspers) (Prosus), through its subsidiary MIH TC Holdings Limited, received 131 873 028 JD.com shares under the JD.com in specie distribution, representing a c.4% effective interest in JD.com. JD.com is a leading supply chain-based technology and service provider. Its e-commerce business includes online retail and online marketplace. In the online retail business, JD.com acquires products from suppliers and sells them directly to customers primarily through JD.com mobile apps and websites. In the online marketplace business, third-party merchants sell products to customers primarily through JD.com mobile apps and websites. As JD.com does not form part of the group's core strategic focus and the JD.com shares were received by the Prosus group as a result of the JD.com in specie distribution, the Prosus group implemented an orderly disposal of the JD.com shares on the open market. The JD.com shares were sold through an on-market orderly sales process comprising of a number of separate sales over time (the Disposal). The Disposal was not subject to any conditions precedent and concluded on 24 June 2022. Aggregate proceeds of approximately US$3.67bn were realized through the Disposal. The aggregate proceeds of the Disposal after costs, fees and expenses will be retained by the Prosus group for general corporate and liquidity purposes. The carrying value of the JD.com shares as at 31 March 2022, being Prosus's most recent reporting period, was approximately US$3.94bn. The profit after tax attributable to the JD.com shares for the twelve months ended 31 March 2022 was zero. The aforementioned information has been extracted from the full year financial information of Prosus for the twelve-month period ended 31 March 2022, prepared in accordance with International Financial Reporting Standards. The aggregate Disposal of the JD.com shares constitutes a category 2 transaction for Naspers in terms of the JSE Listings Requirements. CAPE TOWN 27 June 2022 Sponsor: Investec Bank Limited Enquiries Investor Enquiries +1 347-210-4305 Eoin Ryan, Head of Investor Relations Media Enquiries + 27 78 802 6310 Shamiela Letsoalo, Media Relations Director About Naspers Established in 1915, Naspers has transformed itself to become a global consumer internet company and one of the largest technology investors in the world. Through Prosus, the group operates and invests globally in markets with long-term growth potential, building leading consumer internet companies that empower people and enrich communities. Prosus has its primary listing on Euronext Amsterdam and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus. In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies in the country. These include Takealot, Mr D Food, Superbalist, Autotrader, Property24 and PayU, in addition to Media24, South Africa's leading print and digital media business. Naspers has a primary listing on the Johannesburg Stock Exchange (NPN.SJ) and a secondary listing on the A2X Exchange (NPN.AJ) in South Africa and has a level 1 American Depository Receipt (ADR) programme which trades on an over-the-counter basis in the US. For more information, please visit www.naspers.com. Naspers Foundry Naspers is focused on stimulating South Africa's local tech sector through Naspers Foundry. This is a R1.4 billion investment vehicle that invests in early-stage technology companies that seek to address big societal needs. Naspers Labs In 2019, Naspers Labs, a youth development programme designed to transform and launch South Africa's unemployed youth into economic activity, was launched. Naspers Labs focuses on digital skills and training, enabling young people to pursue tech careers. Naspers for Good Naspers employees are equally committed to giving back. Naspers for Good is a corporate philanthropy fund administered by a committee of employees in South Africa. Through the fund, Naspers forms partnerships with organisations that have a proven track record of delivering solutions for the most pressing challenges affecting our communities. Email causes@naspers.com for more information. Response to COVID-19 Naspers contributed R1.5 billion of emergency aid to support the South African government's response to the COVID-19 pandemic. This contribution consisted of R500 million towards the Solidarity Fund, and R1 billion worth of PPE sourced and distributed to South Africa's front-line healthcare workers. In addition, Naspers contributed R6.9 million to the Nelson Mandela Foundation's EachOne FeedOne programme to support families impacted by COVID-19 with meals for a year. This announcement is for information purposes only and is not and does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction. This document and anything contained herein including any copy thereof may not be taken into or distributed, directly or indirectly, in or into the United States (including its territories and dependencies, any State of the United States and the District of Columbia), Canada or Japan or any other jurisdiction in which it would be prohibited or restricted by applicable law. Date: 27-06-2022 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Condensed Consolidated Financial Statements for the year ended 31 March 2022 PPC Ltd (Incorporated in the Republic of South Africa) (Company registration number: 1892/000667/06) JSE ISIN: ZAE000170049 JSE code: PPC ZSE code: PPC (PPC or the company or the group) Short-form announcement Condensed consolidated financial statements for the year ended 31 March 2022 Salient features (continuing operations) - Group revenue R9,9 billion (March 2021: R8,9 billion) - Group EBITDA R1,5 Billion (March 2021: R1,6 billion) - Earnings/(loss) per share (5) cents (March 2021: 65 cents) - Headline earnings/(loss) per share (3) cents (March 2021: 3 cents) - Cash generated from operations R1,5 billion (March 2021: R1,4 billion) - The group did not declare a dividend in the current or previous period Roland van Wijnen, CEO, said: "Our resilient cash generation demonstrates our focus on one of the most important measures of financial performance. These results were further supported by our efforts to drive efficiencies which helped mitigate inflationary pressures. Ultimately, Team PPC was able to reduce net debt by R1,2 billion and finalise the work to achieve a solid financial position. Furthermore, we have set our decarbonisation strategy in motion and are committed to tackling climate change head on. I extend my gratitude to all our customers for their continued support and to my colleagues who have worked diligently to ensure PPC continues to sustain its purpose of empowering people to experience a better quality of life." REVIEW OF OPERATIONS The group, in accordance with IFRS 5 - Non-current assets held for sale, continues to account for PPC Barnet as a discontinued operation. Accordingly, the assets, liabilities and profit or loss are reported separately in the financial statements for the year ended 31 March 2022. For the year ended 31 March 2021, PPC Barnet, PPC Lime and Botswana Aggregates were all accounted for as discontinued operations. During the year under review, PPC Lime and Botswana Aggregates were sold with effect from 30 September 2021 and 16 September 2021 respectively. Regarding PPC Barnet, binding long-form agreements for the restructure of the senior lender debt were signed on 19 April 2022 and all the conditions precedent were met on 29 April 2022, from which date PPC will cease to consolidate PPC Barnet. GROUP PERFORMANCE Group revenue for the 12 months ended 31 March 2022 increased by 11% to R9 882 million (March 2021: R8 938 million). Excluding Zimbabwe, group revenue increased by 5%. Revenue in PPC Zimbabwe increased by 34% off the back of a 28% increase in volumes. Total costs, being cost of sales together with administration and other operating expenditure, increased by 19% to R9 360 million (March 2021: R7 887 million). The increase in total costs is significantly affected by an increase in PPC Zimbabwe's costs of 85%. Other than continuing hyperinflation and the 42% depreciation of the Zimbabwean dollar (ZWL dollar) against the South African rand (ZAR), the most significant line item was an increase in PPC Zimbabwe's depreciation expense to R386 million (March 2021: R24 million) due to the application of the effective rate method of hyperinflating depreciation in the current year. Costs, excluding depreciation and PPC Zimbabwe, increased by 7% with efficiency gains offsetting input cost inflation. Profit before tax from continuing operations decreased from R1 765 million to R186 million, due to the items set out below: - PPC Zimbabwe incurred a loss before tax of R67 million (March 2021: R263 million profit) - Excluding PPC Zimbabwe's portion, fair value adjustments and foreign exchange movements resulted in a gain of R18 million (March 2021: R148 million loss) - Impairments of R38 million (March 2021: R1 317 million reversal) - An IFRS - Share-based payment charge of R36 million (March 2021: R21 million). Excluding the above in both the current and the prior year, operating profit from continuing operations would have decreased by R43 million or 11%. Finance costs decreased by 15% to R240 million (March 2021: R283 million) due to lower average borrowings. Finance costs in South Africa decreased by 4% to R155 million (March 2021: R161 million), while finance costs in the international operations decreased by 30% to R85 million (March 2021: R122 million). The group taxation charge for the year amounts to R207 million relative to a charge of R742 million in March 2021. Discontinued operations, which include PPC Barnet for the full year and PPC Lime and Botswana Aggregates until 30 September and 16 September 2021 respectively, generated a profit of R158 million (March 2021: R1 141 million loss) for the year. The most significant change year-on-year was an impairment of R761 million in the prior year compared to a reversal of R215 million in the current year for PPC Barnet at the consolidated level to reflect the economic position post the restructuring agreements entered into on 31 March 2021. Earnings per share (EPS) for the period from continuing operations decreased to a loss of 5 cents (March 2021: 65 cents) while headline earnings per share from continuing operations (HEPS) reduced to a loss of 3 cents (March 2021: 3 cents profit). Group earnings before interest, tax, depreciation and amortisation (EBITDA) decreased by 7% to R1 493 million (March 2021: R1 598 million) with an EBITDA margin of 15,1% (March 2021: 17,9%). Excluding PPC Zimbabwe, the group's EBITDA from continuing operations decreased by 2%. Cash generated from continuing operations before working capital changes decreased by 3% to R1 516 million (March 2021: R1 559 million). Stringent working capital management resulted in cash generated from continuing operations increasing by 6% to R1 454 million (March 2021: R1 375 million). Cash generation and preservation remains a key performance measure for PPC. Net cash outflow from investing activities reduced to R72 million (March 2021: R392 million) mainly due to the receipt of R503 million in cash from the disposal of PPC Lime and Botswana Aggregates offset to some extent by an increase in investments in property, plant and equipment of R186 million. Net cash inflow before financing activities improved to R973 million (March 2021: R972 million). Gross debt amounted to R1 581 million on 31 March 2022 (March 2021: R2 628 million). The R1 047 million decline in gross debt comprises a reduction of borrowings in South Africa of R692 million, CIMERWA Limitada (CIMERWA) of R216 million and PPC Zimbabwe of R139 million. CEMENT SOUTH AFRICA AND BOTSWANA Cement sales volumes in the region for the 12 months ended 31 March 2022 were in line with the prior year as demand normalised from a high base. Relative to the 12 months ended 31 March 2020 (pre-COVID-19), cement sales volumes increased by 5% to 9%. South Africa and Botswana cement sales continue to benefit from demand growth in the informal and rural markets, albeit at a "normalised" rate following the post-COVID-19 lockdown spike in demand. Cement sales volumes in the inland region also benefited from pockets of demand from industrial construction and mining activity. As a result, inland region cement sales volumes exceeded pre-COVID-19 levels. Cement sales volumes in the coastal region experienced low single-digit year-on-year demand growth due to a partial recovery in industrial construction demand. However, despite the improvement in demand, cement sales in the region are still below pre-COVID-19 levels. PPC is well-positioned to benefit from a potential boost in cement demand once the government's infrastructure programme gathers momentum. However, PPC has yet to experience any meaningful uplift in cement sales from this programme except for limited road construction and rehabilitation activity. The group can immediately make additional capacity available to capture any upswing in demand. Cement and clinker imports, mainly from Vietnam, increased by 19% year-on-year and currently exceeds pre-COVID-19 levels. PPC estimates that imports account for approximately 10% of RSA cement sales. PPC and the industry continue to engage with the relevant authorities for relief against unfair competition from imports, which threatens the financial sustainability of a vital component of the manufacturing and construction sector and erodes the industry's ability to maintain jobs. PPC is committed to working with all parties within the parameters of the prevailing competition laws to achieve an expeditious outcome. PPC implemented average price increases of 4% to 7% year-on-year, which partially offset input cost inflation. However, realised selling prices increased by 5% year-on-year due to a change in product mix and a depreciation of the Botswana pula against the South African rand. For the 12 months ended 31 March 2022, South Africa and Botswana cement revenue increased by 4% to R5 415 million (March 2021: R5 196 million). Relative to the comparable period in 2020, revenue increased by 12%. EBITDA reduced by 5% to R825 million (March 2021: R866 million) with a margin of 15,2% (March 2021: 16,7%). Both EBITDA and EBITDA margin were impacted by higher input cost inflation and weaker volumes in the second half of FY22 due to a more normalised demand and higher than usual rainfall. Relative to March 2020, EBITDA increased by 34,6% and EBITDA margins increased by 2,6%. MATERIALS BUSINESS AGGREGATES, READYMIX AND ASH After experiencing strong demand in the first half of FY22 due to a recovery in construction activity, the materials business experienced weaker demand in the second half of FY22 as a result of higher than usual rainfall. For the 12 months ended 31 March 2022, sales volumes for the readymix and aggregates businesses increased by 7% and 10%respectively. Fly ash sales volumes decreased by 17% year-on-year off a high base as ash sales benefited from the shortage of alternative extenders like slag in the prior period. Relative to the 12 months ended 31 March 2020 (pre-COVID-19), aggregates and readymix volumes increased by 16% and 3%, respectively, while ash volumes declined by 1%. Overall, revenue for the materials division increased by 10% to R1 086 million (March 2021: R991 million). Compared to the 12 months ended 31 March 2020, revenue increased by 5%. EBITDA improved to R41 million (March 2021: R8 million loss) for the 12 months ended 31 March 2022. INTERNATIONAL Zimbabwe PPC Zimbabwe continues to trade ahead of expectations even though trading conditions remain challenging due to the macro-economic environment. For the 12 months ended 31 March 2022, cement sales volumes increased by 28% year-on-year due to retail demand and support from government-funded projects. Relative to the 12 months ended 31 March 2020 (pre-COVID-19), volumes increased by 41%. Revenue increased by 34% to R2 172 million (March 2021: R1 623 million) as a result of increased cement sales volumes. Compared to the 12 months ended 31 March 2020 (pre-COVID-19), revenue increased by 17%. PPC Zimbabwe adjusted selling prices in local currency and US Dollar (US$) to reflect currency depreciation and input cost inflation respectively. EBITDA for the 12 months ended 31 March 2022 declined by 18,3% to R393 million (March 2021: R481 million) with a reduced EBITDA margin of 18,1% (March 2021: 29,6%). PPC Zimbabwe incurred additional costs in importing clinker to support volume growth and offset the impact of a planned and unplanned kiln shutdown during the period. The importation of clinker, higher maintenance costs and the depreciation of the ZWL dollar against the ZAR negatively impacted EBITDA. The Reserve Bank of Zimbabwe (RBZ) honoured its obligation to settle PPC Zimbabwe's legacy debt. The debt was fully repaid during December 2021. PPC Zimbabwe is financially self-sufficient and is focused on cash preservation and maximising US$ EBITDA. PPC received US$6,2 million in dividends from PPC Zimbabwe in FY22, plus an additional US$4,4 million in June 2022. Rwanda Although COVID-19 related lockdowns unfavourably impacted CIMERWA's cement volumes in the first half of FY22, cement demand rebounded strongly in the second half post the easing of the lockdown restrictions. Retail demand, exports and government-funded projects were the main drivers of the rebound in demand. For the 12 months ended 31 March 2022, cement sales volumes increased by 20% year-on-year while revenues increased by 7% to R1 209 million (March 2021: R1 128 million). Compared to the 12 months ended 31 March 2020, volumes and revenues increased by 30% and 29%, respectively. The rand strength against the functional currency impacted revenue contribution. EBITDA of R341 million was in line with the prior comparable period (March 2021: R342 million), while the EBITDA margin reduced to 28,2% (March 2021: 30,3%). RESTRUCTURING AND REFINANCING UPDATE During the financial year under review, PPC Aggregate Quarries Botswana and PPC Lime Limited were successfully sold and the South African balance sheet de-geared to acceptable levels. The South African debt facilities were also re-negotiated to reduce the cost of debt and to ensure an optimal mix of the tenure of the long-term facilities. Solvency was restored to PPC Barnet's balance sheet through the capitalisation of quasi-equity and historical deficiency funding loans and subsequent to the year-end the debt restructuring became effective thereby restoring liquidity to the business. OUTLOOK As PPC experiences a normalisation of cement demand in South Africa following the post-COVID-19 spike, the group will redouble its efforts to improve cost competitiveness through improved industrial performance and operational excellence. To this end, Mokate Ramafoko, former head of PPC International Holdings (Pty) Ltd, has been appointed as the group managing director for Industrial and Innovation, reporting directly to the group chief executive officer (CEO), Roland Van Wijnen. He will be responsible for industrial performance, new business and decarbonisation. PPC's international operations will be managed by the respective in-country boards. REVIEW CONCLUSION The provisional report was reviewed by the company's external auditors, Deloitte & Touche, who expressed an unmodified review conclusion. The information in this short-form announcement has been extracted from the reviewed provisional report but is itself not reviewed. The auditor's report does not necessarily report on all of the information contained in this announcement. Shareholders are therefore advised that in order to obtain a full understanding of the nature of the auditor's engagement they should obtain a copy of the auditor's report together with the accompanying provisional report from PPC's registered office. Any reference to future financial performance has not been reviewed by or reported on by the group's external auditors. Chairman Chief executive officer Chief financial officer PJ Moleketi R van Wijnen B Berlin Sandton 27 June 2022 Short-form announcement This short-form announcement of the provisional report is extracted from the financial information in the condensed consolidated financial statements and does not contain full or complete details of the provisional report. This short-form announcement is the responsibility of the board of directors of PPC. Any investment decisions by investors and/shareholders should be based on consideration of the full provisional report, as a whole, as published on SENS and the issuer's website as follows: PPC's' website: https://www.ppc.africa/investors-relations/reports/?t=final-results-reports; and JSE's website: https://senspdf.jse.co.za/documents/2022/jse/isse/PPC/FY2022.pdf Copies of the provisional report and the auditor's unmodified review conclusion thereon are also available for inspection at the company's registered office (by appointment), and may be requested from the company secretary Kevin Ross at (Kevin.Ross@ppc.co.za) at no charge, during office hours. (A live and recorded video webcast of the results presentation will be held today at 11:00am and can be accessed via this link: https://www.corpcam.com/PPC27062022) Registered office: 148 Katherine Street, Sandton, South Africa (PO Box 787416, Sandton, 2146 South Africa) DIRECTORS: PJ Moleketi (chair), R van Wijnen* (CEO), AC Ball, B Berlin (CFO), N Gobodo, K Maphisa, NL Mkhondo, BM Hansen**, CH Naude, MR Thompson *Dutch **Danish Company secretary: KR Ross Sponsor: Questco Corporate Advisory (Pty) Ltd Financial Communications Advisor: Instinctif Partners, Louise Fortuin Mobile: +27 71 605 4294 www.ppc.africa Date: 27-06-2022 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Disposal of JD.com shares received from Tencent Holdings Limited PROSUS N.V. (Incorporated in the Netherlands) (Legal Entity Identifier: 635400Z5LQ5F9OLVT688) ISIN: NL0013654783 Euronext Amsterdam and JSE share code: PRX (Prosus or the Company) DISPOSAL OF JD.COM SHARES RECEIVED FROM TENCENT HOLDINGS LIMITED Shareholders are advised that on 23 December 2021, the board of directors of Tencent Holdings Limited (Tencent), declared a special interim dividend in the form of a distribution in specie of Class A ordinary shares (the JD.com shares) of JD.com, Inc. (JD.com), a company whose American depositary shares are listed on NASDAQ Global Select Market (stock symbol: JD, ISIN Code: US47215P1066) and whose shares are listed on The Stock Exchange of Hong Kong Limited (HKEx) (stock code: 9618), representing a majority of the JD.com shares held by Tencent (the JD.com in specie distribution). Prosus, through its subsidiary MIH TC Holdings Limited, received 131 873 028 JD.com shares under the JD.com in specie distribution, representing a c.4% effective interest in JD.com. JD.com is a leading supply chain-based technology and service provider. Its e-commerce business includes online retail and online marketplace. In the online retail business, JD.com acquires products from suppliers and sells them directly to customers primarily through JD.com mobile apps and websites. In the online marketplace business, third-party merchants sell products to customers primarily through JD.com mobile apps and websites. As JD.com does not form part of the group's core strategic focus and the JD.com shares were received by the Prosus group as a result of the JD.com in specie distribution, the Prosus group implemented an orderly disposal of the JD.com shares on the open market. The JD.com shares were sold through an on-market orderly sales process comprising of a number of separate sales over time (the Disposal). The Disposal was not subject to any conditions precedent and concluded on 24 June 2022. Aggregate proceeds of approximately US$3.67bn were realized through the Disposal. The aggregate proceeds of the Disposal after costs, fees and expenses will be retained by the Prosus group for general corporate and liquidity purposes. The carrying value of the JD.com shares as at 31 March 2022, being Prosus's most recent reporting period, was approximately US$3.94bn. The profit after tax attributable to the JD.com shares for the twelve months ended 31 March 2022 was zero. The aforementioned information has been extracted from the full year financial information of Prosus for the twelve-month period ended 31 March 2022, prepared in accordance with International Financial Reporting Standards. Amsterdam, the Netherlands 27 June 2022 JSE sponsor to Prosus Investec Bank Limited Enquiries Investor Enquiries +1 347-210-4305 Eoin Ryan, Head of Investor Relations Media Enquiries + 27 78 802 6310 Shamiela Letsoalo, Media Relations Director About Prosus Prosus is a global consumer internet group and one of the largest technology investors in the world. Operating and investing globally in markets with long-term growth potential, Prosus builds leading consumer internet companies that empower people and enrich communities. The group is focused on building meaningful businesses in the online classifieds, food delivery, payments and fintech, and education technology sectors in markets including India and Brazil. Through its ventures team, Prosus invests in areas including health, logistics, blockchain, and social commerce. Prosus actively seeks new opportunities to partner with exceptional entrepreneurs using technology to improve people's everyday lives. Every day, billions of customers use the products and services of companies that Prosus has invested in, acquired or built, including 99minutos, Airmeet, Aruna, AutoTrader, Autovit.ro, Azos, BandLab, Bibit, Biome Makers, Borneo, Brainly, BUX, BYJU'S, Bykea, Captain Fresh, Codecademy, Collective Benefits, Creditas, DappRadar, DeHaat, Domofond.ru, dott, EduMe, ElasticRun, eMAG, Endowus, Eruditus, EVERY, Facily, Flink, Foodics, Good Glamm Group, GoodHabitz, GoStudent, Honor, iFood, Imovirtual, Klar, Kovi, LazyPay, letgo, Luno, Mensa Brands, Meesho, merXu, Movile, Oda, OLX, Otodom, OTOMOTO, PaySense, PayU, Pharmeasy, Platzi, Property24, Quick Ride, Red Dot Payment, Republic, Shipper, ShopUp, SoloLearn, Stack Overflow, Standvirtual, Superside, Swiggy, Thndr, Tonik, Ula, Urban Company, Wayflyer, and Wolt. Hundreds of millions of people have made the platforms of Prosus's associates a part of their daily lives. For listed companies where we have an interest, please see: Tencent, Delivery Hero, Remitly, Trip.com, Udemy, Skillsoft, Sinch, and SimilarWeb. Today, Prosus companies and associates help improve the lives of more than two billion people around the world. Prosus has a primary listing on Euronext Amsterdam (AEX:PRX) and secondary listings on the Johannesburg Stock Exchange (XJSE:PRX) and a2X Markets (PRX.AJ). Prosus is majority-owned by Naspers. For more information, please visit www.prosus.com. This announcement is for information purposes only and is not and does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction. This document and anything contained herein including any copy thereof may not be taken into or distributed, directly or indirectly, in or into the United States (including its territories and dependencies, any State of the United States and the District of Columbia), Canada or Japan or any other jurisdiction in which it would be prohibited or restricted by applicable law. Date: 27-06-2022 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.