SILVERBRIDGE HOLDINGS LIMITED - Notice in Terms of Section 45(5) of the Companies Act

Notice in Terms of Section 45(5) of the Companies Act

SILVERBRIDGE HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1995/006315/06)
Share code: SVB ISIN: ZAE000086229
(“SilverBridge” or “the Company”)

NOTICE IN TERMS OF SECTION 45(5) OF THE COMPANIES ACT

Notice is hereby given in terms of section 45(5) of the Companies Act, No 71 of 2008 (“Act”),
that the board of directors of the Company (“the Board”) has resolved to provide financial
assistance to the Silverbridge Employee Share Trust for the purposes of acquiring shares in
the Company to settle its obligations in accordance with section 45(2) of the Act, pursuant to
the authority granted to the Board by the shareholders at the annual general meeting of the
Company held on 30 October 2020, which financial assistance exceeds a 10th of 1% of the
Company’s net worth.

In accordance with section 45 of the Act, the Board is satisfied that immediately after providing
such financial assistance, the Company will satisfy the solvency and liquidity test provided for
in section 4 of the Act and that the terms of the financial assistance are fair and reasonable to
the Company.

Pretoria
14 December 2020

Designated Advisor
PSG Capital

Date: 14-12-2020 10:25:00
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