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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”) DISCLOSURE OF ACQUISITION OF SECURITIES Shareholders of GPI are referred to the joint firm intention announcement (“Firm Intention Announcement”) published by the Company on the Stock Exchange News Service on 9 November 2022 regarding the mandatory offer made by GMB Liquidity Corporation Proprietary Limited (“GMB Liquidity”). In accordance with regulation 98(3) of the Companies Regulations, 2011, as amended, (“Regulations”), shareholders of GPI are hereby advised that the Company has received formal notification in the prescribed form from GMB Liquidity, advising that it acquired an additional 4032 ordinary shares in the issued share capital of the Company on 10 November 2022 for a maximum price per share of R3.33 (“Acquisition”). Following the Acquisition, the total of all beneficial interests held by GMB Liquidity in the Company amounts to 35,1404% of the Company’s total issued ordinary share capital. The requisite notice in terms of Regulation 98 has been filed with the Takeover Regulation Panel in accordance with Regulation 98(2). The board of the Company accepts responsibility for the information contained in this announcement and confirms that, to the best of its knowledge and belief, such information accurately reflects the information contained in the TRP 98 form received by the Company from GMB Liquidity. Cape Town 11 November 2022 Sponsor PSG Capital
