Notice in terms of section 45(5) of the Companies Act, no. 71 of 2008 (the Act) ARB HOLDINGS LIMITED (Registration number: 1986/002975/06) Share code: ARH ISIN: ZAE000109435 (“ARB”) NOTICE IN TERMS OF SECTION 45(5) OF THE COMPANIES ACT, NO. 71 OF 2008 (the Act) On 5 November 2019, the shareholders of ARB approved a special resolution authorising the board of directors of ARB (“the Board”) to provide financial assistance to related and inter-related companies. The Board has, pursuant to the above authorisation at a board meeting held on 13 May 2020 and in accordance with section 45 of the Act, resolved to provide guarantees to related and inter-related companies, to secure the banking facilities required by such companies. In accordance with that resolution securities are now in the process of being signed to give effect to the banking facilities with Nedbank for the company’s subsidiary Eurolux to secure an increase in these facilities as well as to secure the Eurolux property loan agreement to acquire the Radiant properties. The minority shareholders are also providing guarantees to Nedbank for their 40% share of these facilities and loans. The total financial assistance provided to related and inter-related companies in terms of resolutions passed by the Board during the current financial year exceeds one-tenth of one per cent of ARB’s net worth. Should shareholders have any queries, please contact the group financial director. Durban 14 May 2020 Sponsor Grindrod Bank Limited Date: 14-05-2020 04:00:00 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.