Joint Announcement: Implementation of the Capespan Disposal ZEDER INVESTMENTS LIMITED AGRARIUS SUSTAINABILITY (Incorporated in the Republic of South Africa) ENGINEERED RF LIMITED (Registration number: 2006/019240/06) (Incorporated in the Republic of South Africa) Share code: ZED (Registration Number: 2022/521382/06) ISIN: ZAE000088431 JSE Alpha Code: AGRIA1 & AGRIB1 LEI: 37890022AF5FD117D649 ISIN: ZAG000191214 & ZAG000202797 LEI: 378900376E9ADF2BD166 ("Zeder" or "the Company") ("Agrarius") JOINT ANNOUNCEMENT: IMPLEMENTATION OF THE CAPESPAN DISPOSAL Zeder shareholders and Agrarius Sukuk holders are referred to the announcements made by Zeder and Agrarius, respectively, on the Stock Exchange News Service of the JSE Limited on 18 September 2023. In terms of these announcements, details were disclosed of the conclusion of the agreement for the disposal by Zeder Financial Services ("ZFS") Limited, a wholly-owned subsidiary of Zeder, of its shareholding in Capespan Group Proprietary Limited ("Capespan"), but excluding its pome fruit primary production operations and the Novo fruit packhouse, to 3 Sisters Proprietary Limited ("Disposal"). 3 Sisters Proprietary Limited, a special purpose acquisition vehicle, is beneficially owned and funded by Agrarius Agri Value Chain RF Proprietary Limited ("Agrarius OpCo"). Agrarius OpCo is fully funded through Agrarius, a JSE-listed special purpose investment vehicle. Agrarius operates a ZAR10 billion Shariah-compliant sustainability-focused asset- backed note program, focusing on the agriculture sector value chain and is administered by 27four Investment Managers Proprietary Limited. Zeder shareholders are advised that the remaining conditions precedent have now all been fulfilled, and that the Disposal has been implemented in accordance with its terms. The Disposal consideration of approximately R511.39 million was received by Zeder on Monday, 5 February 2024, pursuant to Sukuk issuances undertaken by Agrarius under its note programme. Stellenbosch 5 February 2024 Transaction Advisor to Zeder Transaction Funding Partners Administrator of Agrarius and Sponsor ListCo and Agrarius OpCo PSG Capital Agrarius & Agrarius OpCo 27four Investment Managers JSE Debt Sponsor and Transaction Debt Sponsor Questco Corporate Advisory Proprietary Limited Date: 05-02-2024 04:05:00 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.