SILVERBRIDGE HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number 1995/006315/06) Share code: SVB ISIN: ZAE000086229 (“SilverBridge” or “the Company”) EXTENSION OF THE CLOSING DATE IN RESPECT OF THE ROX OFFER SilverBridge shareholders (“Shareholders”) are referred to the various announcements and the offeree response circular distributed to Shareholders on 20 July 2022 (“Offeree Response Circular”) in relation to the firm offer letter ("Firm Offer Letter") that the Company received from ROX Equity Partners Limited (“ROX” or the “Offeror”) to acquire from Shareholders all the issued ordinary shares in the capital of the Company (“Shares”) for a cash consideration of R2.00 per Share on and subject to the further terms and conditions contained therein (the "Offer"). The definitions and interpretations in the Offeree Response Circular apply, unless the context clearly indicates otherwise, throughout this announcement. Shareholders are hereby advised that the Offeror has, with the approval of the Takeover Regulation Panel, decided to extend the Closing Date of the Offer from Friday, 2 September 2022 to Friday, 23 September 2022. The Offeror has advised the Company that this extension has been implemented primarily to enable certain Shareholders who were unable to tender acceptance of the Offer due to technical issues. The salient dates and times are set out below for ease of reference: Closing Dates Based on the Finalisation Announcement: Last Day to Trade in SVB Shares in order to participate in the Offer Tuesday, 30 August SVB Shares trade “ex” the Offer Wednesday, 31 August Record Date of the Offer Friday, 2 September Closing Date of the Offer at 12:00 on Friday, 2 September Revised Dates Based on the Extension of the Closing Date: Last Day to Trade in SVB Shares in order to participate in the Tuesday, 20 September Offer SVB Shares trade “ex” the Offer Wednesday, 21 September Record Date of the Offer Friday, 23 September Closing Date of the Offer at 12:00 on Friday, 23 September Results of the Offer to be announced on SENS Monday, 26 September Last date on which Offer Consideration credited to Dematerialised Tuesday, 27 September Offer Participants’ account at CSDP or Broker Offer Consideration posted to Certificated Offer Participants Tuesday, 27 September (subject to receipt by SVB’s Transfer Secretaries of documents of title on or prior to 12:00 on the Closing Date and a duly completed Form of Acceptance and Transfer (blue)) Notes: 1. All dates and times above and quoted generally in this document are South African local times unless otherwise stated. 2. Certificated SVB Shareholders are required to complete and return the attached Form of Acceptance and Transfer (blue) in accordance with the instructions contained therein to be received by SVB’s Transfer Secretaries by no later than 12:00 on the Closing Date. 3. No payment of the Offer Consideration will be made prior to fulfilment of all the Conditions Precedent. 4. No dematerialisation or rematerialisation of SVB Shares will take place between the trading ex-date, Wednesday, 21 September 2022, and the record date, Friday, 23 September 2022, both days inclusive. 5. SVB Shareholders should note that acceptance of the Offer will, subject to paragraph 3.7, be irrevocable. 6. Settlement of the Offer Consideration will take place within six Business Days of the later of the Offer being declared wholly unconditional and acceptance of the Offer by Offer Participants. The last day for settlement of the Offer Consideration is on the Settlement Date. The Independent Board individually and collectively accepts full responsibility for the accuracy of the information contained in this announcement. In addition, the Independent Board certifies that to the best of its knowledge and belief, the information contained in this announcement is true and, where appropriate, does not omit anything that is likely to affect the importance of the information contained herein, and that all reasonable enquiries to ascertain such information have been made. Pretoria 31 August 2022 Transaction Advisor and Designated Advisor PSG Capital NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION. This announcement is for information purposes only. It is not intended to and does not constitute, or form part of, any offer, invitation or the solicitation of any offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities, or the solicitation of any vote or approval in any jurisdiction, pursuant to the acquisitions of securities contemplated hereby or otherwise nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. THIS WRITTEN MATERIAL IS NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES. THE INFORMATION CONTAINED HEREIN IS NOT AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES. THE SECURITIES REFERRED TO HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN EXEMPTION FROM REGISTRATION.