Primeserv Group Limited (Incorporated in the Republic of South Africa) (Registration number 1997/013448/06) ("Primeserv” or “the company”) Share code: PMV ISIN: ZAE000039277 RENEWAL OF CAUTIONARY ANNOUNCEMENT Shareholders are referred to the cautionary announcement released on 11 April 2023 which advised that the company has entered into negotiations regarding a potential acquisition in the staffing services sector which, if successfully concluded, may have a material effect on the price of the company’s securities. Shareholders are advised that the negotiations are still in progress. Accordingly, shareholders are advised to continue exercising caution when dealing in the company's securities until a full announcement is made. 22 May 2023 Illovo, Sandton Sponsor Grindrod Bank Limited