KAP LIMITED (former name KAP Industrial Holdings Limited) (Incorporated in the Republic of South Africa) (Registration number: 1978/000181/06) Share code: KAP ISIN: ZAE000171963 LEI code: 3789001F51BC0045FD42 (‘KAP’ or ‘the Company’) DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the dealing in securities is disclosed: NAME OF DIRECTOR Willem Els COMPANY OF WHICH A DIRECTOR Safripol (Pty) Ltd (a major subsidiary of the Company) STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTION Sale of shares by a director of a major subsidiary (on-market transaction) DATE OF TRANSACTION 28 December 2023 NUMBER OF SECURITIES TRANSACTED 408 402 PRICE PER SECURITY R2.65 TOTAL RAND VALUE OF SECURITIES R1,082,265.30 TRANSACTED NATURE AND EXTENT OF INTEREST IN THE Direct beneficial TRANSACTION Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Stellenbosch 29 December 2023 Sponsor PSG Capital