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KAP LIMITED (former name KAP Industrial Holdings Limited) (Incorporated in the Republic of South Africa) (Registration number: 1978/000181/06) Share code: KAP ISIN: ZAE000171963 LEI code: 3789001F51BC0045FD42 (‘KAP’ or ‘the Company’) DISCLOSURE OF ACQUISITION OF SECURITIES _______________________________________________________________________________________ In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended (“Companies Act”), and paragraph 3.83(b) of the JSE Limited Listings Requirements, shareholders are hereby advised that the Company has received formal notification in the prescribed form from Coronation Asset Management Proprietary Limited (“Coronation”), advising that it has, on behalf of its clients, acquired a beneficial interest in securities of the Company, such that the total of all beneficial interests held by it, on behalf of its clients, amounts to 5.05% of the Company’s total issued ordinary share capital. The requisite notice in terms of section 122(3)(a) of the Companies Act has been filed with the Takeover Regulation Panel. The board of the Company accepts responsibility for the information contained in this announcement and confirms that, to the best of its knowledge and belief, such information accurately reflects the information contained in the TRP 121.1 form received by the Company from Coronation, on behalf of its clients, and that this announcement does not omit anything likely to affect the importance of the information contained in this announcement. Stellenbosch 28 November 2023 Sponsor PSG Capital
