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TONGAAT HULETT LIMITED (Incorporated in the Republic of South Africa) Registration number: 1892/000610/06 Share code: TON ISIN: ZAE000096541 (“Tongaat Hulett” or “Company”) BUSINESS RESCUE UPDATE TO SHAREHOLDERS AND FURTHER CAUTIONARY ANNOUNCEMENT EXTENSION OF THE PUBLICATION DATE OF THE AMENDED BUSINESS RESCUE PLAN AND FURTHER ADJOURNMENT OF MEETING TO DETERMINE THE FUTURE OF THE COMPANY Shareholders are referred to the SENS announcement released on 14 June 2023, wherein the Company advised of the postponement of voting on the business rescue plans of Tongaat Hulett and its subsidiaries, Tongaat Hulett Sugar South Africa (Pty) Limited and Voermol Feeds (Pty) Limited, which are also in business rescue (together “the Companies”). Following meetings of creditors of the Companies held on 8 September 2023, convened for the purposes of creditors voting on proposed motions regarding the date of publication of the Companies’ amended business rescue plans and the reconvening of the adjourned meetings in terms of section 151 of the Companies Act 71 of 2008, as amended (the “Act"), shareholders are hereby advised that the requisite holders of a majority of the creditors' voting interests, in accordance with the provisions of section 150(5)(b) of the Act, voted in favour of extending the date of publication of the Companies’ amended business rescue plans to no later than 31 October 2023 and a further adjournment of the meetings to determine the future of the Companies to no later than 30 November 2023. Notices in this regard have been published and are available for shareholders to view on the Company’s website, under the ’Business Rescue’ tab, via the following link: https://www.tongaat.com/business-rescue/. FURTHER CAUTIONARY ANNOUNCEMENT Shareholders are further referred to the previous cautionary and renewal of cautionary announcements, the last of which was released on SENS on 8 August 2023. Tongaat Hulett’s shares remain suspended on the JSE and shareholders are advised to continue to exercise caution in relation to the Company’s securities until a further announcement is made. Tongaat 13 September 2023 Sponsor PSG Capital
