DENEL SOC LIMITED - Clarification on liquidation bid

Clarification on liquidation bid

DENEL SOC LIMITED
Registration number: 1992/001337/30
JSE Alpha Code: BIDEN
(“Denel” or the “Group” or the “Company”)

CLARIFICATION ON LIQUIDATION BID

Noteholders are referred to various press articles relating to an application by SAAB Grintek Defence
for the liquidation of the Company.

In this regard, noteholders are advised that Denel is currently engaging with SAAB Grintek Defence
to reach an amicable outcome, and if need be, will engage its legal advisors to defend this matter.

8 June 2021

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

Date: 08-06-2021 07:15:00
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