HUDACO INDUSTRIES LIMITED (“Hudaco” or the “Company”) Incorporated in the Republic of South Africa Registration number 1985/004617/06 Share code: HDC & ISIN: ZAE000003273 CHANGE TO THE BOARD OF DIRECTORS AND BOARD COMMITTEE In compliance with paragraph 3.59 of the Listings Requirements of JSE Limited, the board of directors of Hudaco (“the board”) hereby notifies its shareholders that, with effect from 22 June 2023, Bukelwa Bulo has been appointed as an independent non-executive director of Hudaco and a member of the Company’s audit and risk management committee. Bukelwa is a Chartered Accountant (SA) and has completed a PLD at Harvard Business School, the requirements for a CFA charter and a Bachelor of Business Science with Finance Honours. She has over 16 years’ experience in private equity with exposure to a wide spectrum of sectors, including industrial services and retail. Bukelwa has expertise in investment and divestment evaluation, deal structuring, and strategic and stakeholder management. She is a cofounder of Jade Capital Partners, an investment holding company focused primarily on the property, industrial, construction and building materials sectors. Her current directorships include non-executive directorships on the boards of Capital Appreciation Limited, Netcare Limited and Sephaku Holdings Limited. The board welcomes Bukelwa and looks forward to her contribution to Hudaco. 12 June 2023 Corporate advisor and Sponsor Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited