Capital Appreciation Limited Incorporated in the Republic of South Africa (Registration number 2014/253277/06) Share Code : CTA ISIN : ZAE000208245 (“CTA”, or the Company) ACQUISITION OF DARIEL SOLUTIONS CONCLUDED Further to the announcement released on SENS on 24 April 2023 regarding the acquisition of Dariel Solutions Proprietary Limited, CTA is pleased to announce that all suspensive conditions have been met and the transaction became effective on Monday, 3 July 2023. Sandton 4 July 2023 Sponsor: Investec Bank Limited