Acceptance of performance share awards Mpact Limited (Incorporated in the Republic of South Africa) (Registration number 2004/025229/06) JSE share code: MPT ISIN: ZAE000156501 (“Mpact” or “the Company”) ACCEPTANCE OF PERFORMANCE SHARE AWARDS TO DIRECTORS AND PRESCRIBED OFFICERS In compliance with the JSE Limited Listings Requirements, the following information is disclosed: DIRECTORS OF MPACT LIMITED Name : BW Strong Office held : Chief Executive Officer Company : Mpact Limited Date of acceptance : 1 April 2021 Nature of transaction : Off-market acceptance of conditional performance share awards vesting in March 2024 subject to the achievement of agreed targets Class of securities : Ordinary shares Number of performance shares : 379,342 Award price* : R20.4372 Total value of award : R7,752,688.32 Nature of interest : Direct beneficial Clearance obtained : Yes Name : BDV Clark Office held : Chief Financial Officer Company : Mpact Limited Date of acceptance : 1 April 2021 Nature of transaction : Off-market acceptance of conditional performance share awards vesting in March 2024 subject to the achievement of agreed targets Class of securities : Ordinary shares Number of performance shares : 216,266 Award price* : R20.4372 Total value of award : R4,419,871.50 Nature of interest : Direct beneficial Clearance obtained : Yes DIRECTORS OF MAJOR SUBSIDIARY Name : HM Thompson Office held : Managing Director – Paper Division Company : Mpact Operations (Pty) Ltd Date of acceptance : 1 April 2021 Nature of transaction : Off-market acceptance of conditional performance share awards vesting in March 2024 subject to the achievement of agreed targets Class of securities : Ordinary shares Number of performance shares : 233,637 Award price* : R20.4372 Total value of award : R4,774,886.10 Nature of interest : Direct beneficial Clearance obtained : Yes Name : N Naidoo Office held : Managing Director – Plastics Division Company : Mpact Operations (Pty) Ltd Date of acceptance : 1 April 2021 Nature of transaction : Off-market acceptance of conditional performance share awards vesting in March 2024 subject to the achievement of agreed targets Class of securities : Ordinary shares Number of performance shares : 183,357 Award price* : R20.4372 Total value of award : R3,747,303.68 Nature of interest : Direct beneficial Clearance obtained : Yes PRESCRIBED OFFICERS Name : JW Hunt Office held : Managing Director – Recycling Division Date of acceptance : 1 April 2021 Nature of transaction : Off-market acceptance of conditional performance share awards vesting in March 2024 subject to the achievement of agreed targets Class of securities : Ordinary shares Number of performance shares : 172,374 Award price* : R20.4372 Total value of award : R3,522,841.91 Nature of interest : Direct beneficial Clearance obtained : Yes Name : CM Botha Office held : Managing Director – Corrugated Division Date of acceptance : 1 April 2021 Nature of transaction : Off-market acceptance of conditional performance share awards vesting in March 2024 subject to the achievement of agreed targets Class of securities : Ordinary shares Number of performance shares : 183,489 Award price* : R20.4372 Total value of award : R3,750,000.00 Nature of interest : Direct beneficial Clearance obtained : Yes Note: 1. Prescribed officers are defined as having general executive control over and management of a significant portion of the Company or regularly participate therein to a material degree. * Award price is calculated on a 15-trading day VWAP starting from 8 March 2021 to 29 March 2021. Melrose Arch 7 April 2021 Sponsor The Standard Bank of South Africa Limited Date: 07-04-2021 03:02:00 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.