TONGAAT HULETT LIMITED - Updated notice to shareholders in terms of section 143 of the Companies Act 71 of 2008 (Companies Act)

Updated notice to shareholders in terms of section 143 of the Companies Act 71 of 2008 (“Companies Act”)

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

UPDATED NOTICE TO SHAREHOLDERS IN TERMS OF SECTION 143 OF THE
COMPANIES ACT 71 OF 2008 (“COMPANIES ACT”) – MEETING OF SHAREHOLDERS
OF THE COMPANY TO BE CONVENED FOR THE PURPOSE OF PROCURING A VOTE
FROM SHAREHOLDERS IN TERMS OF SECTION 143(3)(b) OF THE COMPANIES ACT

Shareholders of the Company (“Shareholders”) are referred to the SENS announcement
released on Thursday, 27 October 2022 wherein the Company advised that it had
commenced voluntary business rescue proceedings.

Shareholders are further referred to the SENS announcement released on
Monday, 5 December 2022 wherein shareholders were advised that a notice pursuant to the
provisions of section 143(3) of the Companies Act was circulated to Shareholders and
published on the Company’s website, containing details regarding a virtual meeting of
Shareholders to be convened at 11h00 on Friday, 9 December 2022, for the purpose of
procuring a vote in terms of section 143(3)(b) of the Companies Act (“Initial Notice”).

Shareholders are hereby advised that an important further, updated notice in terms of section
143(3) of the Companies Act (“Update Notice”) to the Initial Notice, containing updated and
additional information, has been released to Shareholders for their consideration. The Update
Notice is also available to view on the Company website, under the Business Rescue tab at:
www.tongaat.com.

Tongaat
8 December 2022

Sponsor:
PSG Capital

Date: 08-12-2022 03:22:00
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.