Update In Relation To The Disposal Of Interest In Burger King GRAND PARADE INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration Number: 1997/003548/06) Share code: GPL ISIN: ZAE000119814 (“GPI” or the “Company”) UPDATE IN RELATION TO THE DISPOSAL OF INTEREST IN BURGER KING - ONE WEEK EXTENSION OF DATE FOR FULFILMENT OF FINAL CONDITIONS PRECEDENT Shareholders are referred to the Company’s various announcements regarding the proposed transaction in which the Company’s wholly-owned subsidiaries, Grand Foods Investments 1 Proprietary Limited and Grand Foods Proprietary Limited, will sell all of the shares they hold in Burger King South Africa (RF) Proprietary Limited and Grand Foods Meat Plant Proprietary Limited, respectively, to an affiliate of ECP Africa Fund IV LLC and ECP Africa Fund IV A LLC and to the announcements of 21 September 2021 whereby shareholders were advised of, inter alia, the extension of the dates for fulfilment or waiver of the outstanding conditions precedent. Shareholders are hereby advised that the date for fulfilment or waiver of the conditions, as set out in paragraphs 2.5.1, 2.5.2 and 2.5.3 of the circular issued on 12 March 2021 (“Conditions Precedent”), has been extended to 11 October 2021 in order to fulfil or waive the remaining Conditions Precedent. Cape Town 5 October 2021 Sponsor PSG Capital Date: 05-10-2021 05:00:00 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.