Hudaco Industries Limited (JSE:HDC) News - Notification of a change of beneficial interests in securities HUDACO INDUSTRIES LIMITED (“Hudaco” or the “Company”) Incorporated in the Republic of South Africa Registration number 1985/004617/06 Share code: HDC & ISIN: ZAE000003273 NOTIFICATION OF A CHANGE OF BENEFICIAL INTERESTS IN SECURITIES In compliance with section 122(3)(b) of the Companies Act 71 of 2008 (“the Companies Act”), Regulation 121(2)(b) of the Companies Act Regulations 2011 and paragraph 3.83(b) of the JSE Listings Requirements , shareholders are advised that Hudaco has received notification from MandG Investment Managers (Pty) Ltd (previously Prudential Investment Managers) of the acquisition of Hudaco shares, such that it now holds 5.14% of Hudaco’s total issued shares. As required in terms of section 122(3)(a) of the Act, the Company has filed the required notice with the Takeover Regulation Panel. 10 January 2022 Corporate advisor and Sponsor Nedbank Corporate and Investment Banking, a division of Nedbank Limited Date: 10-01-2022 05:10:00 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.