Sappi Limited (JSE:SAP) News - Dealings in securities by a director of a major subsidiary Sappi Limited (Incorporated in the Republic of South Africa) Registration number: 1936/008963/06 JSE share code: SAP ISIN: ZAE000006284 ("Sappi" or the "Company") DEALINGS IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY In terms of paragraph 3.63 of the Listings Requirements of the JSE Limited, we hereby provide the following information regarding dealings in securities of Sappi by a director of a major subsidiary. Director’s name : Mr GR Bowles Company : Sappi North America, Inc, a major subsidiary of the Company Date of transaction : 23 May 2022 Nature of transaction : On-market sale of shares Number of shares sold : 33 601 Highest price per share sold : R58.10 Lowest price per share sold : R57.50 Volume-weighted average price : R57.6264 of shares sold Total value of transaction : R 1 936 305.45 Class of security : Ordinary shares Extent of interest : Direct beneficial Clearance received : Yes 25 May 2022 Sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 26-05-2022 09:18:00 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.