SAPPI LIMITED - Dealings in securities by a director of a major subsidiary

Dealings in securities by a director of a major subsidiary

Sappi Limited
(Incorporated in the Republic of South Africa)
Registration number: 1936/008963/06
JSE share code: SAP
ISIN: ZAE000006284
("Sappi" or the "Company")

DEALINGS IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY

In terms of paragraph 3.63 of the Listings Requirements of the JSE Limited, we hereby
provide the following information regarding dealings in securities of Sappi by a director of a
major subsidiary.

 Director’s name                     :   Mr GR Bowles

 Company                             :   Sappi North America, Inc, a major subsidiary of
                                         the Company

 Date of transaction                 :   23 May 2022

 Nature of transaction               :   On-market sale of shares

 Number of shares sold               :   33 601

 Highest price per share sold        :   R58.10

 Lowest price per share sold         :   R57.50

 Volume-weighted average price       :   R57.6264
 of shares sold

 Total value of transaction          :   R 1 936 305.45

 Class of security                   :   Ordinary shares

 Extent of interest                  :   Direct beneficial

 Clearance received                  :   Yes



25 May 2022


Sponsor:
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 26-05-2022 09:18:00
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