Renewal of cautionary announcement HULISANI LIMITED Incorporated in the Republic of South Africa (Registration number: 2015/363903/06) JSE Share code: HUL ISIN: ZAE000212072 (“Hulisani” or “the Company”) RENEWAL OF CAUTIONARY ANNOUNCEMENT Shareholders are referred to the SENS announcement published by the Company on 16 August 2021 and are advised that the Company is still involved in negotiations, which, if successfully concluded, may have a material effect on the price at which the Company’s securities trade. Accordingly, shareholders are advised to continue to exercise caution when dealing in the Company’s securities until a further announcement is made. 28 September 2021 Johannesburg Sponsor Questco Corporate Advisory Proprietary Limited Date: 28-09-2021 04:07:00 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.