Pick n Pay Stores Limited Incorporated in the Republic of South Africa Registration number: 1968/008034/06 JSE Share Code: PIK ISIN code: ZAE000005443 (“the Company”) DISCLOSURE OF ACQUISITION OF SECURITIES IN PICK N PAY STORES LIMITED In accordance with section 122(3)(b) of the Companies Act and section 3.83(b) of the JSE Listings Requirements, shareholders are advised that Sanlam Investment Management (Pty) Ltd, acting as agent of its clients, has acquired further shares in the Company and its total beneficial interest now amounts to 5.03% of the total number of shares in issue. Formal notification has been received from Sanlam Investment Management (Pty) Ltd and Pick n Pay Stores Limited has filed the required notice with the Takeover Regulation Panel. The board of the Company accepts responsibility for the information contained in this announcement and to the best of the board’s knowledge and belief, the information contained in this announcement is true and nothing has been omitted which is likely to affect the importance of the information. By order of the board Cape Town 24 February 2023 Sponsor: Investec Bank Limited