GRAND PARADE INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1997/003548/06) Share code: GPL ISIN: ZAE000119814 (“GPI” or “the Company”) CAUTIONARY ANNOUNCEMENT Shareholders are advised that the Company has entered into a process which, if successfully concluded, may have a material effect on the price of the Company’s securities. The process relates to the potential sale of GPI and/or its underlying assets. This is in keeping with GPI’s stated strategy of unlocking shareholder value and returning capital to GPI shareholders. The process is at an initial stage and shareholders are cautioned that there is no certainty at this stage that the process will lead to a transaction. Accordingly, shareholders are advised to exercise caution when dealing in the Company’s securities until a full announcement is made. Cape Town 21 September 2022 Sponsor Transaction Advisor PSG Capital Rand Merchant Bank