ARB Holdings Limited (JSE:ARH) News - Non-Binding Expression of Interest and Cautionary Announcement ARB HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number: 1986/002975/06) Share code: ARH ISIN: ZAE000109435 (“ARB” or “the Company”) NON-BINDING EXPRESSION OF INTEREST AND CAUTIONARY ANNOUNCEMENT Shareholders are advised that ARB has received a non-binding expression of interest ("Non-Binding Expression of Interest") in respect of a possible transaction which, if successful would result in the offeror acquiring a minority shareholding in ARB (being all the issued shares in ARB excluding those held by the current controlling shareholder and its’ associates) by way of a scheme of arrangement, and the subsequent delisting of the Company. The Non-Binding Expression of Interest, which contains terms and conditions customary for a transaction of this nature, does not constitute an offer or a firm intention to make an offer as contemplated by section 101 of the Companies Regulations. Accordingly, shareholders are advised to exercise caution when dealing in the Company’s securities until a further announcement is made. Durban 3 December 2021 Transaction Sponsor and Corporate Adviser Merchantec Capital Date: 03-12-2021 04:22:00 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.