TRP121.1: Notification of Acquisition of a Beneficial Interest in Securities Bell Equipment Limited Incorporated in the Republic of South Africa (Registration number 1968/013656/06) Share code: BEL ISIN: ZAE000028304 ("Bell" or "the Company") TRP121.1: NOTIFICATION OF ACQUISITION OF A BENEFICIAL INTEREST IN SECURITIES In compliance with section 122(3)(b) of the Companies Act, 71 of 2008 ("the Companies Act"), regulation 121(2)(b) of the Companies Act Regulations, 2011 and paragraph 3.83(b) of the JSE Listings Requirements, shareholders are advised that on 23 April 2024, the Company received formal notification in terms of section 122(1) of the Companies Act that Peregrine Capital (Pty) Ltd acquired a beneficial interest in the securities of the Company, such that its beneficial interest increased to 5% of the issued share capital of the Company. As required in terms of section 122(3)(a) of the Companies Act, the Company has filed the required notice with the Companies and Intellectual Property Commission and the Takeover Regulation Panel. The board of directors of the Company accept responsibility for the information contained in this announcement having relied on the notice information as provided by Peregrine Capital (Pty) Ltd in the Form TRP 121.1, and, to the best of their knowledge and belief, such information is true and does not omit anything likely to affect the importance of the information contained herein. Richards Bay 24 April 2024 Sponsor Investec Bank Limited Date: 24-04-2024 10:05:00 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.