Update in relation to Business Rescue Proceedings and Notice of First Meeting of Creditors Unicorn Capital Partners Limited Incorporated in the Republic of South Africa (Registration number 1992/001973/06) Share code: UCP ISIN: ZAE000244745 (“Unicorn” or “the Company”) UPDATE IN RELATION TO BUSINESS RESCUE PROCEEDINGS AND NOTICE OF FIRST MEETING OF CREDITORS UPDATE IN RELATION TO BUSINESS RESCUE PROCEEDINGS Shareholders are referred to the announcement released on the Stock Exchange News Service on 5 October 2020 wherein the Company advised that Afrimat Limited (“Afrimat”) launched a High Court application for an order, inter alia, placing Unicorn’s subsidiary, Nkomati Anthracite Proprietary Limited (“Nkomati”), under supervision and commencing business rescue proceedings, in terms of section 131 of the Companies Act, No. 71 of 2008 (“Companies Act”). Shareholders are advised that the order, in terms of section 131 of the Companies Act, was granted on 13 October 2020, thereby placing Nkomati in business rescue and under supervision. Daniel Terblanche has been appointed as the business rescue practitioner with effect from 13 October 2020. NOTICE OF FIRST MEETING OF CREDITORS In accordance with section 147 of the Companies Act, notice is hereby given that the first meeting of the known creditors of Nkomati will be held as follows: Date: Tuesday, 27 October 2020 Time: 15:30 – 16:30 Meeting platform: Zoom Meeting https://us02web.zoom.us/j/89487324343?pwd=dU5Pd3p6RzFINzlQVFRES3JTNmFHUT09 Meeting ID: 894 8732 4343 Passcode: 843536 Johannesburg 21 October 2020 Sponsor Questco Corporate Advisory Proprietary Ltd Date: 21-10-2020 08:31:00 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.