GRINDROD BANK LIMITED (Registration no 1994/007994/06) Incorporated in the Republic of South Africa JSE alpha code: GNDI (“Grindrod Bank” or “the Company”) CHANGE IN DIRECTORATE In terms of paragraph 6.39 of the JSE Limited Debt Listings Requirements, noteholders are advised of the resignation due to medical reasons of Mr RN Hutchinson-Keip effective 31 March 2023, as a member of the Board, Chairman of the Audit and Compliance Committee and member of the Credit and Large Exposure Committee of Grindrod Financial Holdings Limited and Grindrod Bank Limited. The Board wishes to thank Mr Hutchinson-Keip for his invaluable contribution during this transitionary period and wishes him well in his future endeavors. 31 March 2023 Debt Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited