STEFANUTTI STOCKS HOLDINGS LIMITED - Kusile Power Project and Facility with Standard Bank update

Kusile Power Project and Facility with Standard Bank update

Stefanutti Stocks Holdings Limited
(Registration number 1996/003767/06)
Share code: SSK      ISIN: ZAE000123766
(Main Board – General Segment)
(Stefanutti Stocks or the group)

KUSILE POWER PROJECT AND FACILITY WITH STANDARD BANK UPDATE

Stefanutti Stocks hereby provides shareholders with an update on the Kusile power project and the Facility
with Standard Bank as reported in the Unaudited Interim Consolidated Results for the six months ended 31
August 2025 released on 25 November 2025.

Shareholders are advised that in terms of the Settlement Agreement, the amount of R580 million (excluding
VAT) has been received by Stefanutti Stocks. Stefanutti Stocks will apply at least R500 million from this
settlement against the outstanding Facility with Standard Bank before the end of February 2026.

Johannesburg
9 December 2025
Sponsor: Bridge Capital Advisors Proprietary Limited

Date: 09-12-2025 11:35:00
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