GRINDROD BANK LIMITED (Registration no 1994/007994/06) Incorporated in the Republic of South Africa JSE alpha code: GNDI MARKET REPURCHASE: GBL06 In accordance with paragraph 6.38 of the JSE Debt Listings Requirements, noteholders are advised of the following market repurchase exceeding in aggregate 10% of the initial nominal value of GBL06: Bond code: GBL06 ISIN: ZAG000172420 Price paid per debt security: R1 000 000.00 Number of debt securities repurchased: 200 Remaining nominal amount in issue*: R 200 000 000.00 * The repurchased debt securities will be held by Grindrod Bank Limited and remain in issue and listed on the JSE. 28 August 2023 Debt Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited