CASHBUILD LIMITED
(Registration number: 1986/001503/06)
(Incorporated in the Republic of South Africa)
JSE share code: CSB ISIN: ZAE000028320
("Cashbuild" or the "Company")

ODD-LOT OFFER PRICE AND FINALISATION ANNOUNCEMENT

1. Results of General Meeting

    Unless otherwise defined, the definitions and interpretations contained in the circular issued by Cashbuild on
    Monday, 6 February 2023 (“Circular”) apply, mutatis mutandis, to terms used in this announcement.

    On Monday, 6 February 2023, Cashbuild distributed the Circular to Cashbuild Shareholders relating to, inter
    alia, the Odd-lot Offer which will result in the repurchase by the Company of the Odd-lot Holdings from the
    Odd-lot Holders at the Odd-lot Offer Price, being a 5% premium to the 30-day volume weighted average price
    of a Cashbuild Share at the close of business on Friday, 17 March 2023, which Odd-lot Offer Price is equal to
    19728.75450 cents.

    Further to the results of General Meeting of Cashbuild Shareholders released on SENS on Monday, 6 March
    2023, Cashbuild Shareholders are advised that all conditions precedent to the Odd-lot Offer have now been
    fulfilled and that the Odd-lot Offer is accordingly unconditional, and Cashbuild will proceed with implementing
    the Odd-lot Offer. The repurchased Odd-lot Holdings will be delisted with effect from the commencement of
    trading on or about Monday, 3 April 2023 and will thereafter be cancelled.

2. Salient dates and times

    Cashbuild Shareholders are reminded of the following salient dates and times in relation to the Odd-lot Offer:

                                                                                                      2023
      Last day to trade to participate in the Odd-lot Offer                             Tuesday, 28 March
      Shares commence trading ex Odd-lot Offer                                        Wednesday, 29 March
      Forms of Election and Surrender (blue) to be received by the Transfer               Friday, 31 March
      Secretaries by 12:00
      Odd-lot Offer closes at 12:00                                                         Friday, 31 March
      Record date for the Odd-lot Offer                                                     Friday, 31 March
      Payment of Odd-lot Offer Consideration to Certificated Odd-lot Holders                 Monday, 3 April
      who have accepted the Odd-lot Offer or who have made no election
      Dematerialised Odd-lot Holders who have accepted the Odd-lot Offer or                  Monday, 3 April
      who have made no election will have their accounts at their CSDP or
      broker credited with the Odd-lot Consideration
      Results of Odd-lot Offer released on SENS                                              Monday, 3 April
      Delisting and cancellation of Cashbuild Shares repurchased in terms of                 Monday, 3 April
      the Odd-lot Offer on or about

    Notes:
    1. All dates and times indicated above are South African Standard Time.
    2. The above dates and times are subject to amendment at the discretion of the Company. Any such
       amendment will be released on SENS.
    3. Shareholders are reminded that Cashbuild Shares can only be traded in dematerialised form.
    4. Odd-lot Offer:
       4.1 Dematerialised Odd-lot Holders are requested to notify their duly appointed CSDP or broker of their
           election by the cut off time stipulated by their CSDP or broker. This will be before the closing date of
           the Odd-lot Offer.
       4.2 In the case of Certificated Odd-lot Holders who decide to sell their Odd-lot Holdings for the Odd-lot
           Consideration, payment will be made on or about Monday, 3 April 2023 by electronic funds transfer
           into the bank accounts of the Odd-lot Holders, which are provided by the Odd-lot Holders on the Form
           of Election and Surrender (blue).
       4.3 Odd-lot Holders who are non-residents of the Common Monetary Area and who have never resided
           in the Common Monetary Area, whose registered address is outside the Common Monetary Area and
           whose Documents of Title have been restrictively endorsed under the Exchange Control Regulations,
           and who decide to sell their Odd-lot Holdings for the Odd-lot Consideration, are referred to paragraph
           3.10 of the Circular regarding processing and payment of the Odd-lot Consideration.
       4.4 Those Odd-lot Holders who do not make an election or do not return their Form of Election and
           Surrender (blue) timeously to the Transfer Secretaries will automatically be deemed to have
           accepted the Odd-lot Offer and shall be deemed to have agreed to dispose of their Odd-lot
           Holdings to Cashbuild at the Odd-lot Offer Price and to receive the Odd-lot Consideration.
       4.5 Shareholders may not dematerialise or rematerialise their Cashbuild Shares between the last day to
           trade to participate in the Odd-lot Offer and the record date for the Odd-lot Offer.

20 March 2023

Investment Bank, Corporate Advisor and Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited