SSA07 Tap Issue - Tranche 3 SAPPI SOUTHERN AFRICA LIMITED Registration number 1951/003180/06 Incorporated in the Republic of South Africa JSE Alpha code: SSAI SSA07 Tap Issue - Tranche 3 The JSE Limited has granted a listing to Sappi Southern Africa Limited – “SSA07 (Tap Issue - Tranche 3)” on the Interest Rate Market with effect from 24 July 2020 under its Domestic Medium Term Note Programme dated 23 November 2018. INSTRUMENT TYPE: UNSECURED FLOATING RATE NOTE Authorised Programme size: R5 000 000 000 Total Amount in Issue after this Issuance: R710 000 000 Bond Code: SSA07 (Tap Issue – Tranche 3) Nominal Issued: R330 000 000 Issue Price: 101.518657% Coupon: 7.033% (3 Month JIBAR as at 15 May 2020 of 4.533% plus 250 bps) Coupon Rate Indicator: Floating Trade Type: Price Final Maturity Date: 15 May 2023 Books closed periods: 5 to 14 August, 5 to 14 November, 5 to 14 February and 5 to 14 May Interest Payment Date(s): 15 August, 15 November, 15 February and 15 May Last Day to Register: By 17:00 on 4 August, 4 November, 4 February and 4 May Issue Date: 24 July 2020 Date Convention: Modified Following Business Day Interest Commencement Date: 15 May 2020 First Interest Payment Date: 15 August 2020 ISIN: ZAG000168063 Additional Information: Senior Unsecured Floating Rate Notes The Applicable Pricing Supplement is available at: https://www.sappi.com/bond-and-insurance-captive-reporting-requirements# Corporate Actions JSE +27 11 5207000 Date: 22 July 2020 Debt Sponsor: Nedbank Corporate and Investment Banking Date: 22-07-2020 02:34:00 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.