Global Credit Rating Co Affirms Sasfin Bank Limited National Scale Issuer Credit Ratings SASFIN HOLDINGS LIMITED (Incorporated in The Republic of South Africa) (Registration Number 1987/002097/06) Share code: SFN ISIN: ZAE000006565 ("Sasfin Holdings" or "the Company") GLOBAL CREDIT RATING CO ("GCR") AFFIRMS SASFIN BANK LIMITED'S NATIONAL SCALE ISSUER CREDIT RATINGS WITH A RATING WATCH EVOLVING OUTLOOK On 18 December 2023 GCR affirmed the national scale rating assigned to Sasfin Bank Limited of BBB+(ZA) and A2 (ZA) in the long and short term respectively. GCR has concurrently affirmed the international scale long and short-term issuer ratings of B/B with a Stable outlook. GCR placed the national scale ratings on Ratings Watch Evolving following the planned disposal of Sasfin Bank Limited's Capital Equipment Finance and Commercial Property Finance businesses, with the outlook remaining Stable. The ratings are supported by the moderately strong capital and leverage position, good liquidity levels against the funding structure. The full report on the ratings published by GCR is available on Sasfin Holdings' website: https://www.sasfin.com/investor-relations/ Johannesburg 19 December 2023 Sponsor Questco Corporate Advisory Proprietary Limited Date: 19-12-2023 08:00:00 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.