KAP LIMITED - Disclosure of acquisition of securities

Disclosure of acquisition of securities

KAP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1978/000181/06)
Share code: KAP
ISIN: ZAE000171963
Company Alpha Code: KAP
LEI code: 3789001F51BC0045FD42
('KAP' or 'the Company')

DISCLOSURE OF ACQUISITION OF SECURITIES

In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended ('Companies Act'),
and paragraph 6.54 of the JSE Limited Listings Requirements, shareholders are hereby advised that the
Company has received formal notification in the prescribed form from Truffle Asset Management (Pty) Ltd
('Truffle') advising that it has acquired a beneficial interest in securities of the Company, such that the total of
all beneficial interests held by Truffle amounts to 6.94% of the Company's total issued ordinary share capital.

The requisite notice in terms of section 122(3)(a) of the Companies Act has been filed with the Takeover
Regulation Panel.

The board of the Company accepts responsibility for the information contained in this announcement and
confirms that, to the best of its knowledge and belief, such information accurately reflects the information
contained in the TRP 121.1 form received by the Company from Truffle, and that this announcement does not
omit anything likely to affect the importance of the information contained in this announcement.

Stellenbosch
6 March 2026

Sponsor
PSG Capital

Date: 06-03-2026 11:00:00
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