METAIR INVESTMENTS LIMITED - Notification in terms of section 45(5) of the Companies Act

Notification in terms of section 45(5) of the Companies Act

METAIR INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1948/031013/06
ISIN: ZAE000090692
JSE share code: MTA
(“Metair” or the “Company”)

NOTIFICATION IN TERMS OF SECTION 45(5) OF THE COMPANIES ACT

Notice is hereby given that, pursuant to the authority granted to the board of directors of the Company (“Board”) at the
annual general meeting of the Company held on Thursday, 5 May 2022, the Board has adopted several resolutions to
provide financial assistance to related or inter-related companies of Metair (“Financial Assistance”), as contemplated
in section 45(2) of the Companies Act, No. 71 of 2008 (“Companies Act”).

The Board confirmed, as contemplated in section 45 of the Companies Act, that, after considering the reasonably
foreseeable financial circumstances of the Company, it was (i) satisfied that, immediately after providing such
Financial Assistance, the Company would satisfy the solvency and liquidity test, as contemplated in section 4 of the
Companies Act, and (ii) that the terms under which such assistance was proposed to be given were fair and
reasonable to the Company.

13 February 2023
Johannesburg

Sponsor
One Capital

Date: 13-02-2023 04:50:00
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