Amendments to Barloworld’s ZAR15,000,000,000 Domestic Medium-Term Note Programme - BIBAW Barloworld Limited Registration number: 1918/000095/06 Alpha code: BIBAW (“Barloworld” or “the Company”) AMENDMENTS TO BARLOWORLD’S ZAR15,000,000,000 DOMESTIC MEDIUM-TERM NOTE PROGRAMME Noteholders are advised that Barloworld has amended and updated its ZAR15,000,000,000 Domestic Medium Term Note Programme (the “Programme Memorandum”) to incorporate various regulatory amendments in order to align the Programme Memorandum with the most recent Debt Listings Requirements. The amendments to the Programme Memorandum primarily relate to updates of the following sections: • the issuer’s and JSE’s responsibility paragraphs; • documents incorporated by reference; • amendments to existing definitions and the inclusion of additional definitions; • investor considerations/risk factors; • form of the notes; • amendments to the pro forma Applicable Pricing Supplement; • the terms and conditions of the notes; • meeting of noteholders/consent process; • description of Barloworld; • settlement, clearing and transfer of notes; • subscription and sale; • the taxation section to align with current legislation; and • the general information section. The amendments to the Programme Memorandum have been approved by the JSE and the updated Programme Memorandum is available for inspection on Barloworld’s website, https://www.barloworld.com/investors/debt-instruments/ 22 January 2021 Debt Sponsor: Nedbank Limited, acting through its Nedbank Corporate and Investment Banking Date: 22-01-2021 09:05:00 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.