LEWIS GROUP LIMITED - LEW02 - Notice of Consent Notice

LEW02 - Notice of Consent Notice

Lewis Group Limited
Registration Number: 2004/009817/06
Bond Code: LEW02
ISIN No: ZAG000219130
(“Lewis”)

NOTICE OF A CONSENT NOTICE

Introduction
Noteholders are advised of a notice of request for consent (this Consent Notice) is delivered by the
Issuer, under its ZAR2,000,000,000 domestic medium term note programme (the Programme)
pursuant to a programme memorandum dated 7 May 2025 (the Programme Memorandum) and in
accordance with condition 18 (Notices) of the section headed “Terms and Conditions of the Notes” in
the Programme Memorandum (the Terms and Conditions), for the purpose of obtaining the
Noteholder’s written consent required in terms of condition 21 (Amendment of these Conditions) to
amend the Applicable Pricing Supplement in respect of the LEW02 Notes (the LEW02 APS).

Background:
The LEW02 Notes were issued on 30 September 2025 pursuant to the Programme Memorandum and
the LEW02 APS. The LEW02 Notes mature on 30 September 2028 and the LEW02 APS currently
specifies that the Issuer does not have the option to redeem the LEW02 Notes prior to the Maturity
Date. Accordingly, under the existing terms, the LEW02 Notes may not be redeemed prior to 30
September 2028.

The Issuer now wishes to early redeem the LEW02 Notes, in order to replace this exposure with a new
issuance

In order to permit the proposed early redemption, the Issuer proposes to amend paragraph 37 of the
LEW02 APS so as to:

    •   Switch the Issuer’s Optional Redemption from “No” to “Yes”;
    •   Specify the Optional Redemption Date;
    •   Specify the Optional Redemption Amount as par value plus accrued interest to (but excluding)
        the Optional Redemption Date; and
    •   Provide that no notice period is required in respect of the Optional Redemption, in substitution
        for the default notice period of not less than 30 (thirty) nor more than 60 (sixty) calendar days
        prescribed by Condition 10.6.1 of the Terms and Conditions.

The full text of the proposed amendments is set out in the amended and restated LEW02 APS as
Annexure B in the notice of request for consent (Consent Notice) as delivered to the Noteholder.


Rationale:
The proposed amendment is intended to align the maturity and funding profile of the LEW02 Notes
with the Issuer’s newly issued notes and its broader funding strategy. The early redemption of the
LEW02 Notes is intended to be followed by the issuance of new notes under the Programme.

The redemption and issuance are intended to occur on the same day.

The record date to be recorded in the Register to receive this Consent Notice is the date of publication
of this notice on the Stock Exchange News Service ("SENS"), 11 September 2026.
Please note that the completed and signed consent notice should be sent to Strate Proprietary Limited
at Strate-cdadmin@strate.co.za, and a copy to the Issuer and the Issuer Agent, c/o Absa at
IBDDCM@absa.africa.


Cape Town
11 September 2026


Debt Sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited

Date: 11/09/2026 04:09:00
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