Renewal of cautionary announcement ZARCLEAR HOLDINGS LIMITED (Incorporated in South Africa) (Registration number 2000/013674/06) Share code: ZCL ISIN: ZAE000262820 (“Zarclear” or the “Company”) RENEWAL OF CAUTIONARY ANNOUNCEMENT Shareholders are referred to the cautionary announcement released on SENS on 12 April 2021, advising that the board of directors of Zarclear had resolved that it would be in the best interests of the Company and its shareholders for the Company to seek a delisting of the Company’s shares from the JSE and A2X. Shareholders are advised that Zarclear continues to investigate the potential delisting on the basis that the delisting would be accompanied by an offer to Zarclear shareholders to acquire their Zarclear shares. Shareholders are advised to continue to exercise caution when dealing in the Company’s shares pending further announcements. Zarclear Board responsibility statement The board of the directors of Zarclear collectively and individually accepts responsibility for the information contained in this announcement and certifies that, to the best of its knowledge and belief, the information contained in this announcement relating to Zarclear is true and this announcement does not omit anything that is likely to affect the import of such information. 25 May 2021 Corporate advisor and sponsor to Zarclear Java Capital Date: 25-05-2021 12:30:00 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.