SAPPI SOUTHERN AFRICA LIMITED - Listing of new financial instrument

Listing of new financial instrument

SAPPI SOUTHERN AFRICA LIMITED
Registration number 1951/003180/06
Incorporated in the Republic of South Africa
JSE Alpha code: SSAI
(“Sappi”)

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted approval for a new financial instrument listing to Sappi effective from 30
June 2021 under its Domestic Medium-Term Note Programme dated 23 November 2018 as follows:

New Instrument                                  SSA08

Authorised programme size                       R5,000,000,000
Total amount in issue after this issuance       R2,580,000,000
Instrument type                                 Floating rate note
Bond Code                                       SSA08
Nominal Issued                                  R1,500,000,000
Issue Price                                     100%
Coupon                                          3 Month Jibar plus 180 bps
Trade Type                                      Price
Final Maturity Date                             16 May 2024
Books Close Dates                               20 September 2021, 21 December 2021, 21 March
                                                2022, 20 June 2022, 20 September 2022, 21
                                                December 2022, 21 March 2023, 20 June 2023, 19
                                                September 2023, 19 December 2023, 18 March 2024
                                                and 6 May 2024
Interest Payment Dates                          30 September 2021, 31 December 2021, 31 March
                                                2022, 30 June 2022, 30 September 2022, 30
                                                December 2022, 31 March 2023, 30 June 2023,
                                                29 September 2023, 29 December 2023, 28 March
                                                2024 and 16 May 2024
Last Day to Register                            By 17:00 on 19 September 2021, 20 December 2021,
                                                20 March 2022, 19 June 2022, 19 September 2022,
                                                20 December 2022, 20 March 2023, 19 June 2023,
                                                18 September 2023, 18 December 2023, 17 March
                                                2024 and 5 May 2024
Issue Date                                      30 June 2021
Date Convention                                 Modified Following Business Day
Interest Commencement Date                      30 June 2021
First Interest Payment Date                     30 September 2021
ISIN                                            ZAG000177536
Additional Information                          Senior, Unsecured

The Applicable Pricing Supplement is available at:
https://www.sappi.com/bond-and-insurance-captive-reporting-requirements#
The note relating to the new financial instrument (“Note”) will be dematerialised in the Central
Securities Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules.


29 June 2021
Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 29-06-2021 01:34:00
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