TONGAAT HULETT LIMITED - Business rescue notice to shareholders

Business rescue notice to shareholders

TONGAAT HULETT LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1892/000610/06
Share code: TON
ISIN: ZAE000096541
(“Tongaat Hulett” or “Company”)

BUSINESS RESCUE NOTICE TO SHAREHOLDERS

Shareholders are advised that the Company has distributed a notice to all known Affected
Persons, in accordance with section 128 of the Companies Act 71 of 2008, as amended (“the
Act”), read together with sections 144(3)(a), 145(1)(a) and 146(a) of the Act (“Notice”).

The Notice and the supporting documentation included therein, pertains to the Notice of
Motion filed at the High Court of South Africa, Kwazulu Natal Local Division, Durban, under
Case No. D4472/2023 (“application”), in the matter between: the Company, Tongaat Hulett
Sugar South Africa (Proprietary) Limited and the joint business rescue practitioners of the
Company (“Practitioners”), and is issued to Affected Persons in accordance with the
provisions set forth in sections of the Act referred to above. Shareholders are further advised
that the Notice and the supporting documentation included therein, do not constitute service
of the application, and the Practitioners are in the process of applying to Court for an order to
direct the manner of service of the application on Affected Persons.

The aforementioned Notice and the supporting documentation included therein, is available
on the Company’s website, under the ‘Business Rescue’ tab, and accessible to Shareholders
via the link: https://www.tongaat.com/business-rescue/

Tongaat
5 May 2023

Sponsor
PSG Capital

Date: 05-05-2023 05:10:00
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