SAPPI SOUTHERN AFRICA LIMITED - Affirmation of credit rating

Affirmation of credit rating

SAPPI SOUTHERN AFRICA LIMITED
Registration number 1951/003180/06
Incorporated in the Republic of South Africa
Alpha code: SSAI
("Sappi Southern Africa" or the "Company")

AFFIRMATION OF CREDIT RATING

Sappi Southern Africa hereby notifies all its debt investors that Global Credit Ratings has affirmed its
national long-term and short-term issuer ratings of AAA(ZA) and A1+(ZA) respectively on 21 June
2024. The outlook remains stable.


Date 25 June 2024

Debt Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 25-06-2024 09:27:00
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