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”) CHANGE TO THE BOARD OF DIRECTORS In accordance with paragraph 3.59(b) of the JSE Limited Listing Requirements, the board of directors of the Company (“the Board”) wishes to advise that Mr Monde Nkosi has resigned from the Board as non-executive director, and the relevant committees of GPI, with effect from 14 November 2022. Monde was appointed to the Board in December 2019. He has chaired the Investment Committee and had been a member of the Remuneration and Nomination Committee. He has served in these roles with distinction and contributed to the successful value unlock program at GPI over the last three years. We wish Monde well in his future endeavours. Cape Town 14 November 2022 Sponsor PSG Capital