Cautionary Announcement Marshall Monteagle PLC (Incorporated in Jersey) (Registration number: 102785) (External registration number: 2010/024031/10) JSE Code: MMP ISIN: JE00B5N88T08 ("the Company") CAUTIONARY ANNOUNCEMENT Shareholders are referred to the Company's unaudited interim condensed consolidated financial statements for the 6 months ended 30 September 2023, which were published on SENS on 12 December 2023, wherein they were informed that the Company received an offer of US$26.5m for its California property, that contracts had been exchanged and that, subject to due diligence, this sale was expected to complete in early 2024. Shareholders are advised that contracts have not been exchanged, but that the Company has agreed non-binding heads of terms with a California based company and negotiations continue regarding an agreement for the disposal of its California property, which if successfully concluded may have a material effect on the price of the Company's securities. No binding agreement has been entered into between the parties. Accordingly, shareholders are advised to exercise caution when dealing in the Company's securities until a further announcement is made. 13 December 2023 London JSE Sponsor to the Company Questco Corporate Advisory Proprietary Limited Date: 13-12-2023 05:45:00 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.