Pick n Pay Stores Limited Incorporated in the Republic of South Africa Registration number: 1968/008034/06 JSE Share Code: PIK ISIN code: ZAE000005443 (“the Company”) DISCLOSURE OF ACQUISITION OF SECURITIES IN PICK N PAY STORES LIMITED In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 and section 3.83(b) of the JSE Limited Listings Requirements, shareholders are hereby advised that Pick n Pay Stores Limited has received formal notification that clients of Allan Gray have, in aggregate, acquired an interest in the ordinary shares of the Company, such that the total interest in the ordinary shares of the Company held by Allan Gray's clients now amounts to 10.1139% of the total issued ordinary shares of the Company. Formal notification has been received from Allan Gray Proprietary Limited and the Company has filed the required notice with the Takeover Regulation Panel. The board of the Company accepts responsibility for the information contained in this announcement and to the best of the board’s knowledge and belief, the information contained in this announcement is true and nothing has been omitted which is likely to affect the importance of the information. By order of the board Cape Town 16 January 2024 Sponsor: Investec Bank Limited