Integrated Annual Report KAAP AGRI LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2011/113185/06) Share code: KAL ISIN: ZAE000244711 (“Kaap Agri” or “the Company”) INTEGRATED ANNUAL REPORT Shareholders are referred to the Company’s SENS announcement on 14 December 2020 notifying shareholders of the annual general meeting (“AGM”) of the Company to be held at 12:30 p.m. on Thursday, 11 February 2021 and further advising shareholders that the full integrated annual report will be made available on Kaap Agri’s website on or about 22 January 2021. Shareholders are advised that the full integrated annual report has today been made available on Kaap Agri’s website at https://www.kaapagri.co.za/wp-content/uploads/2021/01/Kaap_Agri_Annual_IAR_2020_Interactive_PDF.pdf In addition, shareholders are advised that the Company is considering changing the format of the AGM to a fully virtual meeting (time and date unchanged), given the severity of the second wave of the Covid-19 pandemic that is currently sweeping the country, and the restrictions on gatherings of people in terms of the Disaster Management Act, No 57 of 2002. It is expected that a further announcement in this regard will be released within the next few days. Paarl 22 January 2021 Sponsor PSG Capital Date: 22-01-2021 09:00:00 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.