STEINHOFF INVESTMENT HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1954/001893/06) JSE Code: SHFF ISIN: ZAE000068367 (“Steinhoff Investments” or “the Company”) CAUTIONARY ANNOUNCEMENT Steinhoff Investments Preference Shareholders (“Preference Shareholders”) are advised that the Company is considering a transaction which may have a material effect on the price of the Company’s Preference Shares. Accordingly, Preference Shareholders are advised to exercise caution when dealing in the Preference Shares until a further announcement is made. Stellenbosch 28 September 2023 Transaction Sponsor Investec Bank Limited