Grand Parade Investments Limited (JSE:GPL) News - Voluntary Liquidation Of Mac Brothers Subsidiary 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”) VOLUNTARY LIQUIDATION OF MAC BROTHERS SUBSIDIARY Shareholders are referred to GPI’s interim financial results for the six months ended 31 December 2021, as published via SENS on 23 March 2022 (“Interim Results”). As indicated in the Subsequent Events note to the Interim Results, due to the further decline in GPI’s loss-making subsidiary, Mac Bothers Catering Equipment (Pty) Ltd (“Mac Brothers”), GPI’s board of directors has been considering various options to mitigate the losses. Shareholders are hereby advised that Mac Brothers has now been placed in voluntary liquidation. Cape Town 06 April 2022 Sponsor PSG Capital Date: 06-04-2022 08:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.