SENS ANNOUNCEMENT

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NAMPAK LIMITED
Registration number 1968/008070/06
Incorporated in the Republic of South Africa
Share Code: NPK       ISIN: ZAE000071676
Share Code: NPP1 ISIN: ZAE000004966
Share Code: NPKP ISIN: ZAE000004958
LEI: 3789003820EC27C76729
(“Nampak” or the “Company”)

SHARE CONSOLIDATION: FINALISATION ANNOUNCEMENT

1. Introduction
   1.1. Ordinary shareholders are referred to the:
        1.1.1. circular issued to shareholders on Wednesday, 31 May 2023 (“circular”) relating to, inter alia, the
               restructuring of Nampak’s ordinary authorised and issued share capital (“share capital”) by the
               consolidation of every 250 ordinary shares (“shares”) into 1 ordinary share (“consolidation”) to give effect
               to the proposed rights offer; and
        1.1.2. results of general meeting announcement released on SENS on 30 June 2023, noting that all the requisite
               resolutions to approve and implement the consolidation (“resolutions”) were passed.
   1.2. Terms used herein that are not otherwise defined, bear the meanings ascribed to them in the circular.


2. The consolidation
   2.1. Shareholders are advised that the resolutions were accepted and placed on file by the CIPC on Friday, 14 July
        2023.
   2.2. Accordingly, (i) the shares will be converted from par value shares to no par value shares, (ii) the authorised and
        issued share capital will be consolidated and reduced in the ratio of 1 share for every 250 shares, and (iii) the
        authorised share capital will be increased from 3 107 428 to 600 000 000 shares, in accordance with the salient
        dates and times set out below.


3. Salient dates and times
   The salient dates and times of the consolidation remain as previously published in the circular, and are set out below.


                                                                                                                    2023
     Effective date of the conversion of the par value shares into no par value shares
                                                                                                     Wednesday, 19 July
     Last day to trade under the present share capital in order to be recorded as a shareholder by
     the record date for the consolidation
                                                                                                        Tuesday, 25 July
     Trading in consolidated shares under the new consolidated share capital commences on the
     new ISIN: ZAE000322095 and suspension of trading in shares on the old ISIN: ZAE000071676
                                                                                                     Wednesday, 26 July
     Effective date of the increase in the authorised share capital                                  Wednesday, 26 July
     Announcement released on SENS in respect of the cash payment applicable to fractional
     entitlements as a result of the consolidation, based on the volume weighted average price of
     consolidated shares traded on Wednesday, 26 July 2023, less 10%, by 11:00
                                                                                                       Thursday, 27 July
 Record date to determine those shareholders whose shares will be subject to the consolidation
                                                                                                            Friday, 28 July
 Forms of surrender (yellow) to be received by the transfer secretaries in order for certificated
 shareholders to have their entitlements credited to their accounts at their CSDP or broker in
 dematerialised form on Monday, 31 July 2023, by 12:00
                                                                                                            Friday, 28 July
 Dematerialised shareholders will have their accounts at their CSDP or broker updated to reflect
 the consolidation
                                                                                                          Monday, 31 July
 Certificated shareholders who have surrendered their documents of title and given valid details
 of their CSDP or broker will have their accounts at their CSDP or broker credited with their
 entitlement
                                                                                                          Monday, 31 July
 Certificated shareholders who have not surrendered their documents of title will have their
 entitlements credited to Computershare Nominees pending the surrender of their documents of
 title
                                                                                                          Monday, 31 July

Notes:
1. All times are local times in South Africa on a 24-hour basis, unless specified otherwise.
2. Shares in the pre-consolidated form may not be dematerialised after the last day to trade prior to the consolidation,
being Tuesday, 25 July 2023.
3. Shares in the consolidated form may be dematerialised or rematerialised as from Monday, 31 July 2023.

Bryanston
18 July 2023

Joint transaction sponsors
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
The Standard Bank of South Africa Limited

Legal advisor
Edward Nathan Sonnenbergs Inc.