Amendments to the KAP Industrial Holdings Limited information statement KAP INDUSTRIAL HOLDINGS LIMITED Incorporated in the Republic of South Africa Registration number: 1978/000181/06 JSE alpha code: KAP (“KAP”) AMENDMENTS TO THE KAP INDUSTRIAL HOLDINGS LIMITED INFORMATION STATEMENT IN RESPECT OF THE ZAR10,000,000,000 DOMESTIC MEDIUM TERM NOTE PROGRAMME Noteholders are advised that KAP Industrial Holdings Limited (the “Issuer”) has amended and restated the information statement in respect of the ZAR10,000,000,000 Domestic Medium Term Note Programme (the “Information Statement”) to incorporate the Issuer’s business and risk factors sections and to incorporate various regulatory amendments and in order to align the Information Statement with the most recent JSE Limited Debt Listings Requirements. The amendments to the Information Statement primarily relate to updates of the following sections: 1. Material Risks relating to the Issuer’s Business 2. Risks Relating to the Notes 3. Introduction of the Issuer's Business 4. Ownership and Control of the Issuer's Business 5. Review of Operations/Description of Business 6. Guarantees and Suretyships 7. Management Strategy 8. Board of Directors and Debt Officer 9. Corporate Governance 10. Broad-Based Black Economic Empowerment 11. Description of the Guarantors 12. Corporate Information The updated Information Statement is available for inspection on the Issuers’ website at www.kap.co.za/investor-relations/note-programme/. 21 December 2021 Debt Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited Date: 21-12-2021 12:27:00 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.