Insimbi Industrial Holdings Ltd (JSE:ISB) News - Settlement with Group Wreck Vendors and Specific Share Repurchase Insimbi Industrial Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2002/029821/06) Share code: ISB ISIN: ZAE000116828 (“Insimbi” or “the Company”) SETTLEMENT WITH GROUP WRECK VENDORS AND SPECIFIC SHARE REPURCHASE Shareholders are referred to the SENS announcements released on SENS on 9 February 2021 and 1 June 2021 setting out the terms of the settlement agreement entered into by Insimbi (“Settlement”) as well as the circular dated 6 May 2021. Insimbi is pleased to announce that all conditions precedent to the Settlement have been fulfilled and that the Settlement is effective. Johannesburg 26 July 2021 Sponsor PSG Capital Date: 26-07-2021 12:45:00 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.