Cancellation Of Ordinary Shares KAP INDUSTRIAL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1978/000181/06) Share code: KAP ISIN: ZAE000171963 (“KAP” or “the Company”) CANCELLATION OF ORDINARY SHARES Shareholders are hereby informed that the JSE Limited (“JSE”) has approved the cancellation and delisting by KAP of 36 000 000 ordinary shares of no par value with effect from the commencement of business today, representing 1.4% of the Company’s current number of issued ordinary shares of no par value. These shares were previously held by KAP Corporate Services Proprietary Limited, a wholly-owned subsidiary of KAP, and were defined as treasury shares. Following the cancellation of these treasury shares, the Company will have 2 531 201 473 ordinary shares of no par value listed on the JSE and will no longer hold any shares in treasury. By order of the Board KAP Secretarial Services Proprietary Limited Stellenbosch 28 June 2021 Sponsor PSG Capital Date: 28-06-2021 01:00:00 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.