LABAT AFRICA LIMITED - Cautionary Announcement

Cautionary Announcement

LABAT AFRICA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1986/001616/06)
("Labat Africa" or "the Company")
ISIN Code: ZAE000018354 Share Code: LAB
FSE Code: LEI 9845000R73DF5EE41J88


CAUTIONARY ANNOUNCEMENT


Shareholders are advised that the Company has entered initial discussions regarding a
potential transaction, which, if successfully concluded, may have a material effect on the
price of the Company's securities.

As these negotiations are ongoing and remain subject to finalisation, shareholders are
advised to exercise caution when dealing in the Company's securities until a further
announcement is made.

The Board of Directors accepts responsibility for the information contained in this
announcement.

By order of the Board.

Johannesburg
22 December 2025

JSE Sponsor
Vunani Sponsors

Date: 22-12-2025 02:53:00
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.