Withdrawal of Cautionary Announcement ZEDER INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2006/019240/06) Share code: ZED ISIN: ZAE000088431 LEI: 37890022AF5FD117D649 (“the Company” or “Zeder”) WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT Shareholders of the Company (“Shareholders”) are referred to Zeder’s cautionary announcement dated 14 April 2021, advising that the Company had received several approaches from third parties interested in acquiring a number of Zeder portfolio investments (“Approaches”), and to Zeder’s subsequent further cautionary announcements, the most recent being dated 28 February 2022. One such Approach resulted in the disposal of the Company’s shareholding in The Logistics Group Proprietary Limited, which was first announced on 12 November 2021 and, following Shareholder approval, was implemented on 31 March 2022. With a view to maximising Shareholder wealth, Zeder also announced, on 28 February 2022, the distribution in specie of its 42.2% shareholding in Kaap Agri Limited, which was thereafter implemented on 4 April 2022. Various Approaches are still being considered by the Company in relation to certain of its remaining portfolio investments. However, as the funding arrangements and other key terms of such Approaches are not currently certain nor final in nature, the Company hereby withdraws the existing cautionary announcement and advises that caution is no longer required to be exercised by Shareholders when dealing in the Company’s securities. The Company continues to assess the remaining Approaches and to engage with the relevant parties and will, to the extent required, keep Shareholders and the market appraised of further developments in this regard. Stellenbosch 12 April 2022 Transaction Advisor and Sponsor PSG Capital Independent Joint Sponsor Tamela Holdings Date: 12-04-2022 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.