Fulfillment Of All Conditions Precedent For The B-BBEE Transaction Imperial Logistics Limited (Incorporated in the Republic of South Africa) Registration number 1946/021048/06 ISIN: ZAE000067211 JSE share code: IPL (“Imperial” or “Company”) FULFILLMENT OF ALL CONDITIONS PRECEDENT FOR THE B-BBEE TRANSACTION Shareholders are referred to the announcements released on the Stock Exchange News Service of the JSE Limited on 23 April 2021 and 26 July 2021, respectively, as well as to the circular to shareholders dated 25 June 2021 (“Circular”) which set out the details relating to the introduction of a 25% broad-based black economic empowerment shareholding in Imperial Logistics South Africa Group Proprietary Limited, a wholly owned subsidiary of Imperial (“B-BBEE Transaction”). Shareholders are hereby advised that all the conditions precedent relating to the B-BBEE Transaction have now been fulfilled and the B-BBEE Transaction will accordingly become effective on 30 July 2021. 27 July 2021 Johannesburg Enquiries Imperial Investor Relations E-mail: esha.mansingh@imperiallogistics.com Sole Financial Advisor and Transaction Sponsor to Imperial The Standard Bank of South Africa Limited Independent Expert PricewaterhouseCoopers Corporate Finance Proprietary Limited Legal Adviser to Imperial TWB – Tugendhaft Wapnick Banchetti & Partners Date: 27-07-2021 04:16:00 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.