Master Drilling Group Limited (Incorporated in the Republic of South Africa) (Registration number 2011/008265/06) JSE share code: MDI ISIN: ZAE000171948 (“Master Drilling” or “the Company” or “the Group”) INTEGRATED ANNUAL REPORT, NOTICE OF ANNUAL GENERAL MEETING AND B-BBEE ANNUAL COMPLIANCE REPORT 1. Integrated Annual Report Master Drilling shareholders are advised that the integrated annual report of the Company for the year ended 31 December 2023 (“integrated annual report”), which incorporates the audited summarised consolidated annual financial statements and the notice of the annual general meeting, will be distributed to Master Drilling shareholders today, 30 April 2024. The integrated annual report and the full set of the audited Group annual financial statements are also available on the Company’s website (www.masterdrilling.com). The annual financial statements are audited by BDO South Africa Incorporated whose unqualified audit report is contained in the integrated annual report and is also available on www.masterdrilling.com. 2. Notice of Annual General Meeting Notice is hereby given that the twelfth annual general meeting of Master Drilling (“the AGM”) will be held (subject to any adjournment, postponement or cancellation thereof) at the BDO offices, Wanderers Office Park, 52 Corlett Drive, Illovo, Johannesburg on Monday, 10 June 2024 at 09h00 to transact the business as stated in the AGM notice contained in the integrated annual report, including to consider and, if deemed fit, pass, with or without modification, the resolutions as set out therein. As allowed by the Companies Act and the Company’s Memorandum of Incorporation, Master Drilling intends to offer shareholders reasonable access, through electronic facilities, to participate in the AGM by means of a conference call facility in the manner provided for in the notice of the AGM included in the integrated annual report. Voting will however not be possible via the electronic facility and shareholders wishing to exercise their voting rights at the AGM are required to be represented at the meeting either in person, by proxy or by letter of representation as provided for in the notice of AGM. 3. Record dates, voting and proxies The board of directors of the Company has determined, in accordance with sections 59(1) (a) and (b) of the Companies Act, that: • the record date for the purposes of receiving notice of the AGM (being the date on which a shareholder must be registered in the Company’s register of shareholders in order to receive notice of the AGM), shall be the close of business on Friday, 19 April 2024 (Notice Record Date); • the record date for the purposes of participating in and voting at the AGM (being the date on which a shareholder must be registered in the Company’s register of shareholders in order to participate in and vote at the AGM), shall be the close of business on Friday, 31 May 2024 (Voting Record Date); • the last day to trade for purposes of participating in and voting at the AGM shall be the close of business on Monday, 27 May 2024; and • the date by which forms of proxy for the AGM are requested to be lodged is, for administrative purposes, 09h00 on Friday, 7 June 2024. Any forms of proxy not lodged by this date must be submitted to the Chairman of the AGM immediately prior to the commencement of the meeting. The Chairman may reject or accept any form of proxy which is completed and/or received otherwise than in accordance with the proxy notes, provided that he is satisfied as to the manner in which the shareholder concerned wishes to vote. 4. Broad Based Black Economic Empowerment Act (the "B-BBEE Act"): Annual Compliance Report In compliance with paragraph 16.21 (g) and Appendix 1 to Section 11 of the JSE Listings Requirements, notice is hereby given that the Company’s annual compliance report in terms of section 13G (2) of the B-BBEE Act has been published and is available on the Company’s website at www.masterdrilling.com. Fochville 30 April 2024 Sponsor Investec Bank Limited