Further update – Cashbuild Acquisition of The Building Company CASHBUILD LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1986/001503/06) ISIN: ZAE000028320 JSE share code: CSB ("Cashbuild" or "the Company") FURTHER UPDATE - CASHBUILD’S ACQUISITION OF THE BUILDING COMPANY Cashbuild shareholders are referred to the SENS announcements released by the Company on: • 4 August 2020 where the Company announced that it had entered into a definitive sale and purchase agreement on 3 August 2020 with Pepkor Holdings Limited to acquire 100% of the issued share capital of The Building Company Proprietary Limited (the “Transaction”); and • 28 May 2021 where shareholders were advised that the Competition Commission announced their recommendation that the Transaction be prohibited. The approval of the Transaction by the Competition Commission was a material suspensive condition which was required to be fulfilled in order to implement the Transaction. Consequently, given that not all the suspensive conditions would be met by the long stop date of 16 August 2021 and the parties are unable to agree on an extension to the long stop date, the Transaction is regrettably terminated. 12 August 2021 Johannesburg Financial Advisor and Transaction Sponsor: Investec Bank Limited Legal Advisor: Webber Wentzel Date: 12-08-2021 07:30:00 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.