Stefanutti Stocks Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1996/003767/06) Share code: SSK ISIN: ZAE000123766 (“Stefanutti Stocks” or “the group”) PROJECT ARBITRATION AWARD UPDATE Shareholders are referred to the announcement dated 30 May 2023 with respect to the mechanical project termination arbitration award. In addition to a capital award of R90,85 million, shareholders are advised that Stefanutti Stocks has received a further R15,0 million for expert and legal fees incurred. Johannesburg 31 July 2023 Sponsor: Bridge Capital Advisors Proprietary Limited