Update on the Publication of the Integrated Annual Report Incorporating the Audited AFS and Cautionary Renewal LABAT AFRICA LIMITED Incorporated in the Republic of South Africa (Registration number 1986/001616/06) JSE code: LAB ISIN: ZAE000018354 (“Labat” or “the company” or “the Group”) UPDATE ON THE PUBLICATION OF THE INTEGRATED ANNUAL REPORT INCORPORATING THE AUDITED ANNUAL FINANCIAL STATEMENTS ANDRENEWAL OF CAUTIONARY ANNOUNCEMENT Shareholders are advised that Labat’s Integrated Annual Report incorporating, inter alia, the audited annual financial statements for the year ended 31 August 2020 and a notice of annual general meeting will be published via the JSE and on the Company’s website, www.labat.co.za, on Monday, 15 February 2021. Shareholders are referred to the various cautionary announcements published on SENS in relation to the disposal of Force Fuel (Pty) Ltd and Force Fuel Properties (Pty) Ltd and the negotiations with an Eastern Cape based Pharmaceutical business to acquire 100% of its operations, the last of which was dated 4 January 2021, and are advised to continue exercising caution when trading in the company’s shares until such time as further announcements in respect of the above corporate actions are made. JOHANNESBURG 12 February 2021 _____________________________________________________________________________________________ Sponsor AcaciaCap Advisors Proprietary Limited Date: 12-02-2021 04:37:00 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.