Withdrawal of Cautionary Announcements LABAT AFRICA LIMITED (Incorporated in the Republic of South Africa) (Registration number 1986/001616/06) (“Labat Africa” or “the Company”) ISIN Code: ZAE 000018354 Share code: LAB LEI 9845000R73DF5EE41J88 WITHDRAWAL OF CAUTIONARY ANNOUNCEMENTS Shareholders are referred to the cautionary announcements dated 2 December 2021 and 6 December 2021 respectively and advise that a circular to shareholders is being prepared to approve a Specific Authority to issue shares for cash as well as the issue of 30 million warrants to GR Global Ventures LLC at a price of R0.50 (Fifty) cents per shares. The listing of Labat shares (Equity) on the Frankfurt Stock Exchange has happened and it is the intention to make shares available for trade on this platform as well. Accordingly, the two cautionary announcements are withdrawn. Johannesburg 17 January 2022 Sponsor AcaciaCap Advisors Proprietary Limited Date: 17-01-2022 04:13:00 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.