Notification in terms of Section 122(3) of the Companies Act and Section 3.83(B) of the JSE Listings Requirements JASCO ELECTRONICS HOLDINGS LIMITED Incorporated in the Republic of South Africa Registration Number 1987/003293/06 Share code: JSC ISIN: ZAE000003794 (“Jasco” or “the company” or “the group”) NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT AND SECTION 3.83(B) OF THE JSE LISTINGS REQUIREMENTS In accordance with section 122(3)(b) of the Companies Act, 71 of 2008 ("the Act"), and section 3.83(b) of the JSE Limited Listings Requirements, holders of ordinary shares in the company are advised that Community Holdings No 1 Proprietary Limited (a wholly owned subsidiary of the company’s major shareholder Community Investment Holdings Proprietary Limited) has acquired a beneficial interest in ordinary shares of the company ("the securities"), such that their shareholding in the securities of the company amounts to 28.12% of the total number of shares in issue. Jasco hereby confirms that it has received the required notice from Community Holdings No 1 Proprietary Limited in terms of section 122(3)(a) of the Act, and that it has filed the required notices with the Takeover Regulation Panel. 17 May 2023 Midrand Sponsor Grindrod Bank Limited Date: 17-05-2023 11:00:00 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.