Renewal of Cautionary Announcement PREMIER FISHING AND BRANDS LIMITED (Incorporated in the Republic of South Africa) Registration number 1998/018598/06 Share code: PFB and ISIN: ZAE000247516 ("the Company" or “PFB”) RENEWAL OF CAUTIONARY ANNOUNCEMENT Shareholders are referred to the cautionary announcement released on SENS on 09 November 2022, wherein the Company advised that African Equity Empowerment Investments Limited (“AEEI”), who holds [56%] of the shares in the Company, indicated that it is about to make a firm intention to make an offer to acquire all of the ordinary shares in the Company not held by AEEI and shareholders acting in concert with AEEI. The Company hereby advises that AEEI has provided PFB with a written notice of its firm intention to make an offer to the shareholders of PFB (“PFB Shareholders”), details of which were disclosed on the announcement released on SENS on 09 December 2022. The abovementioned negotiations are still in progress, which if successfully concluded, may have a material effect on the price of the Company’s securities. Accordingly, shareholders are advised to continue exercising caution when dealing in their PFB securities until a further announcement is made. Cape Town 22 December 2022 Sponsor Vunani Capital Sponsors Date: 22-12-2022 12:23:00 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.