Disclosure of Disposal of Trencor Shares TRENCOR LIMITED (Incorporated in the Republic of South Africa) (Registration No 1955/002869/06) Share Code: TRE ISIN: ZAE000007506 ("Trencor" or "the Company") DISCLOSURE OF DISPOSALS OF TRENCOR SHARES In accordance with the JSE Limited Listings Requirements and Section 122 of the Companies Act 71 of 2008 ("the Act"), shareholders are advised that the Company has received formal notification from: - All Weather Capital Proprietary Limited ("All Weather Capital") of the disposal of shares, on behalf of its clients/underlying funds, such that its total beneficial interest held in the Company has decreased from 13,29 % to 3,22%; and - African Phoenix Investments Limited ("African Phoenix Investments") of the disposal of shares such that its total beneficial interest held in the Company has decreased from 15,15% to 4,89%. As required in terms of section 122(3)(a) of the Act, the Company has filed the required notices with the Takeover Regulation Panel. The board of directors accepts responsibility for the information contained in this announcement, having relied on the information as provided by All Weather Capital and African Phoenix Investments respectively and, to the best of their knowledge and belief, such information is true, and this announcement does not omit anything likely to affect the importance of the information included. Trencor Services Proprietary Limited Secretaries 24 February 2025 Sponsor: Investec Bank Limited www.trencor.net Date: 24-02-2025 04:15:00 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.