Sappi Southern Africa Limited Incorporated in the Republic of South Africa Registration number 1951/003180/06 JSE Alpha code: SSAI (“Sappi Southern Africa”) PARTIAL CAPITAL REDUCTION In accordance with the terms and conditions of Sappi Southern Africa’s ZAR5,000,000,000 Domestic Medium Term Note Programme dated 12 August 2021, noteholders are advised of the partial capital reduction (“Reduction”) of instrument SSA08 (the “Notes”) as follows: Bond code: SSA08 ISIN: ZAG000177536 Nominal amount in issue before Reduction: R1,500,000,000.00 Reduction of nominal amount: R1,255,000,000.00 Remaining nominal amount in issue: R245,000,000.00 Payment date: 12 April 2024 The Reduction is due to a market repurchase of the Notes by Sappi Southern Africa. 9 April 2024 Debt Sponsor Nedbank Corporate and Investment Banking, a division of Nedbank Limited