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GRAND PARADE INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1997/003548/06) Share code: GPL ISIN: ZAE000119814 (“GPI” or “the Company”) NOTIFICATION OF CHANGE IN EXTERNAL AUDITOR Deloitte & Touche (“Deloitte”) has served as the Company’s external auditor since its appointment on 11 May 2022. Deloitte is also the external auditor of Sun International Limited (“SUN”). Subsequent to the Company's appointment of Deloitte as its external auditor, SUN has acquired a significant interest in GPI by way of the acquisition of further shares in GPI, which has resulted in SUN holding a stake of approximately 24% of the GPI shares in issue (excluding treasury shares). Having regard to SUN's significant shareholding in GPI, the Company and Deloitte recognise that a potential conflict of interest exists for Deloitte, whether perceived or otherwise, as a result of Deloitte being the appointed external auditor of both the Company and SUN. In an effort to mitigate any such potential conflict of interest, whether actual or perceived, the Company and Deloitte have determined that it would be appropriate in the circumstances for Deloitte's appointment as external auditor to the Company to be terminated. Deloitte and the Company have therefore agreed to terminate Deloitte's appointment as external auditor to GPI by mutual agreement with immediate effect. In order to fill the vacancy of the external auditor resulting from the termination of Deloitte's appointment, the Company’s audit and risk committee has recommended, and its board has resolved, in terms of and as required by section 91(2)(a) of the Companies Act, No. 71 of 2008, to appoint Moore Cape Town Inc. (“Moore”) as the new external auditor of GPI for the financial year ending 30 June 2023. Alan Billson will act as the designated audit partner. GPI shareholders will be requested at the AGM to appoint Moore as the Company’s auditor for the 2024 financial year. Cape Town 11 May 2023 Sponsor PSG Capital
