Libstar Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 2014/032444/06) (JSE share code: LBR) (ISIN: ZAE000250239) ("Libstar" or the “Group”) VOLUNTARY ANNOUNCEMENT REGARDING THE ACQUISITION OF CAPE FOODS Shareholders are referred to the voluntary announcement dated 10 August 2022 wherein Libstar advised that the Group had entered into an agreement for the acquisition of Cape Foods Proprietary Limited (the “Transaction”). Libstar is pleased to announce that all suspensive conditions related to the Transaction have been fulfilled. 10 November 2022 Sponsor The Standard Bank of South Africa Limited