A E C I LIMITED - Notification in terms of section 45(5) of the Companies Act, No. 71 of 2008

Notification in terms of section 45(5) of the Companies Act, No. 71 of 2008

AECI LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1924/002590/06
Share code: AFE ISIN: ZAE000000220
Hybrid code: AFEP ISIN: ZAE000000238
Bond company code: AECI
LEI: 3789008641F1D3D90E85
(AECI or the Company)

NOTIFICATION IN TERMS OF SECTION 45(5) OF THE COMPANIES ACT, NO. 71 OF 2008 (COMPANIES ACT)

Notice is hereby given that, in terms of the provisions of section 45(5) of the Companies Act and pursuant to the special
resolution passed at the annual general meeting of the Company held on Tuesday, 27 May 2025 authorising the board
of directors (Board) to provide financial assistance to the Company's present or future subsidiaries and associates
and/or any other company or entity that is or becomes related or interrelated to the Company, the Board has adopted
certain resolutions contemplated in section 45(2) of the Companies Act.

The said resolutions adopted by, and on behalf of, the Board relate to financial assistance in respect of a guarantee
by AECI in respect of the obligations of certain subsidiaries and associates of AECI, the total value of which, together
with previous resolutions to provide financial assistance during the current financial year, exceeds one-tenth of 1% of
AECI's net worth as set out in section 45(5)(a) of the Companies Act.


Woodmead, Sandton
11 February 2026

Equity Sponsor: One Capital

Debt Sponsor: Questco Proprietary Limited

Date: 11-02-2026 10:00:00
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