Dealings in shares by a director of a major subsidiary KAP LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1978/000181/06) Share code: KAP ISIN: ZAE000171963 Company Alpha Code: KAP LEI code: 3789001F51BC0045FD42 ('KAP' or 'the Company') DEALINGS IN SHARES BY A DIRECTOR OF A MAJOR SUBSIDIARY Shareholders are advised that the chief executive officer of PG Bison (Pty) Ltd, Gerhard Victor ("Director"), sold KAP ordinary shares to diversify his investment portfolio as part of his medium-term retirement planning. He retains more shares than required by the KAP remuneration policy. In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, details of the dealings in KAP shares are disclosed in the table below: NAME OF DIRECTOR Gerhard Victor COMPANY OF WHICH A DIRECTOR PG Bison (Pty) Ltd (Major subsidiary of the Company) STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTION Sale of shares by a director of a major subsidiary (on market) DATE OF TRANSACTION 6 June 2025 NUMBER OF SECURITIES TRANSACTED 2,600,000 PRICE PER SECURITY (CENTS) High: 255.00 Low: 250.00 Average: 250.54 TOTAL RAND VALUE OF SECURITIES R6,514,040.00 TRANSACTED NATURE AND EXTENT OF INTEREST IN Direct, beneficial THE TRANSACTION Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Listings Requirements. Stellenbosch 9 June 2025 Sponsor PSG Capital Date: 09-06-2025 03:00:00 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.