RMB HOLDINGS LIMITED - Cautionary announcement

Cautionary announcement

RMB Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1987/005115/06)
ISIN: ZAE000024501
Share Code: RMH
("RMH" or "the Company")

CAUTIONARY ANNOUNCEMENT

Shareholders are advised that the board of directors of RMH (the Board) recently received a formal
approach from Brightbridge Real Estate Limited (Brightbridge) in relation to the proposed acquisition
of the greater part of the property interests of RMH (the Target Assets) that are indirectly held through
RMH Property (the Formal Approach). The Target Assets do not include RMH's interests in the Integer
Properties portfolio.

The Formal Approach contemplates the acquisition by Brightbridge of the Target Assets, for a proposed
total consideration of R1.75 billion.

The Formal Approach is subject to customary terms and conditions for transactions of this nature,
including certain pre-conditions and conditions being fulfilled, and does not constitute a firm intention to
make an offer as envisaged in the Takeover Regulations encapsulated in Chapter 5 of the Companies
Regulations, 2011.

The Board is considering the Formal Approach and RMH will revert to Brightbridge and update
shareholders in due course.

Shareholders are advised that the Formal Approach, if implemented, may have a material effect on the
price of the Company's securities. Accordingly, shareholders are advised to exercise caution when
dealing in the Company's securities until a further announcement is made.

11 October 2021
Rosebank

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 11-10-2021 09:03:00
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