Beneficial interests in the ordinary shares of the Company GRINDROD SHIPPING HOLDINGS LTD. ABBREVIATED NAME: GRINSHIP Registered in Singapore with registration number 201731497H JSE Share code: GSH ISIN: SG9999019087 Primary listing on NASDAQ Global Select Market Secondary listing on the JSE Main Board Grindrod Shipping Holdings Ltd. (the "Company"): Beneficial interests in the ordinary shares of the Company In accordance with section 18.20 (e) of the JSE Limited Listings Requirements; shareholders are advised that the sale of 4,329,580 ordinary shares of the Company from Industrial Partnership Investments Proprietary Limited to Good Falkirk (MI) Limited (company registration number 96379) was completed on 28 January 2022. Together with open market purchases of 595,443 ordinary shares of the Company, the combined entities of Good Falkirk (MI) Limited, TMI Holdco Limited (company registration number 108363) and Taylor Maritime Investments Limited (company registration number 69031) held a beneficial interest of 4,925,023 ordinary shares in issue in the Company; which represents 26.64% of the 18,484,861 ordinary shares in issue on 7 February 2022 (excluding 825,163 treasury shares of the Company). By order of the Board 7 February 2022 Sponsor: Grindrod Bank Limited Date: 07-02-2022 07:30:00 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.