Notice of availability of annual report uMngeni-uThukela Water Registration number: 1997/007707/07 JSE Alpha code: BIUMWA ("uMngeni Water" or "the group") NOTICE OF AVAILABILITY OF ANNUAL REPORT UMngeni Water hereby notifies its debt investors that it has publicly released its Annual Report for the year ended 30 June 2023 ("Annual Report"), incorporating the annual financial statements for the year ended 30 June 2023 ("AFS") and the auditor's report prepared by the Auditor-General of South Africa ("AGSA") ("Auditor's Report") which is unqualified. The Annual Report, incorporating the AFS and the Auditor's Report, are available on the uMngeni Water website at https://www.umgeni.co.za/2022-2023-annual-report/ and for inspection at uMngeni Water's registered office at 310 Burger Street, Pietermaritzburg, 3201, South Africa. Restatements The AFS contain a restatement for the prior year ended 30 June 2022 ("prior period"). During the year, the JSE advised uMngeni Water that its 2021/2022 financial statements were subject to the JSE's pro- active monitoring process. In terms of this process, the JSE were of the opinion that the change of investments disclosed as financing activity was not correct and requested that uMngeni Water change the disclosure of the movement in investments and interest to changes in investing activities. Emphasis of matter and material irregularity The Auditor's Report contains an emphasis of matter relating to material impairments of R588.44 million raised by uMngeni Water on trade and other receivables due to debtors not being able to settle outstanding amounts. The AGSA's opinion has not been modified in respect of this matter. In addition, the AGSA identified a material irregularity in progress and notified the accounting authority as required. Full details of the material irregularity will be included in next year's Auditor's Report. 8 December 2023 Debt Sponsor Nedbank Corporate and Investment Banking, a division of Nedbank Limited Date: 08-12-2023 10:32:00 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.