ARGENT INDUSTRIAL LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1993/002054/06) Share code: ART ISIN: ZAE000019188 (“the Company”) NOTIFICATION OF CHANGE IN EXTERNAL AUDITOR In accordance with paragraph 3.78 of the JSE Limited Listings Requirements, the board of directors of the Company wishes to advise that, due to mandatory audit firm rotation requirements, BDO South Africa Inc. has resigned as the external auditor of the Company and RSM South Africa Inc. has been appointed as the external auditor of the Company, with Ben Frey as the designated audit partner, with effect from 26 October 2023. Shareholders will be requested to approve the above appointment at the Company’s 2024 annual general meeting, details of which will be communicated to shareholders in due course. Durban 26 October 2023 Sponsor PSG Capital