Financial information and withdrawal of cautionary announcement Sable Exploration and Mining Limited (previously known as Middle East Diamond Resources Limited) (Incorporated in the Republic of South Africa) (Registration number: 2001/006539/06) (Share Code: SXM ISIN Code: ZAE000303319) (“SEAM” or “the company”) Financial information and withdrawal of cautionary announcement 1) Financial information Shareholders are referred to the SENS announcement dated 24 November 2021 and 1 February 2022 regarding the agreement entered into by SEAM and Sable Platinum Holdings (Pty) Ltd, a wholly owned subsidiary of SEAM with Magni Investment Holdings (Pty) Ltd (“Magni”) and Lurco Metals (Pty) Ltd (“Lurco Metals”). Below is the outstanding financial information. The value of the net assets acquired were R820 667 229 and the losses attributable to the net assets being acquired were R1 983 049. This information is based on unaudited management accounts as at 31 January 2022. 2) Withdrawal of cautionary announcement Shareholders are referred to the cautionary announcements dated 24 November 2021 and 1 February 2022 relating to the outstanding financial information and are now advised that caution is no longer required to be exercised by shareholders when dealing in their securities 28 February 2022 Sandton Sponsors Exchange Sponsors Date: 28-02-2022 09:58:00 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.