SAPPI LIMITED - Purchase of securities by a director of a major subsidiary

Purchase of securities by a director of a major subsidiary

Sappi Limited
(Incorporated in the Republic of South Africa)
Registration number: 1936/008963/06
JSE share code: SAP
ISIN: ZAE000006284
("Sappi" or the "Company")

PURCHASE OF SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY

In terms of paragraph 3.63 of the Listings Requirements of the JSE Limited
(“Requirements”), we hereby provide the following information regarding the purchase of
securities by a director of a major subsidiary of the Company. The necessary clearance in
terms of paragraph 3.66 of the Requirements was obtained.

Director’s name                    :   Fergus Marupen

Company of which he is a           :   Sappi North America Inc.
director

Date of transaction                :   11 May 2023

Nature of transaction              :   On-market purchase of shares

Number of shares purchased         :   4 500

Price of shares purchased          :   R42.40

Total value of transaction         :   R190 800.00

Class of security                  :   Ordinary shares

Extent of interest                 :   Direct beneficial

17 May 2023

Sponsor:
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 17-05-2023 02:50:00
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