BARLOWORLD LIMITED - Initial Notification of voluntary self-disclosure to U.S. Department of Commerce, Bureau of Industry and Security

Initial Notification of voluntary self-disclosure to U.S. Department of Commerce, Bureau of Industry and Security

Barloworld Limited
(Incorporated in the Republic of South Africa)
(Registration number 1918/000095/06)
(Share code: BAW)
(A2X code: BAW)
(JSE ISIN: ZAE000026639)
(Share code: BAWP)
(JSE ISIN: ZAE000026647)
(Bond issuer code: BIBAW)
(JSE ISIN: ZAE000026647)
(the "Company")


VOLUNTARY ANNOUNCEMENT: FILING OF INITIAL NOTIFICATION OF VOLUNTARY SELF-
DISCLOSURE TO U.S. DEPARTMENT OF COMMERCE, BUREAU OF INDUSTRY AND SECURITY


Shareholders are advised that on 5 September 2024, the Company submitted an initial notification of
voluntary self-disclosure to the U.S. Department of Commerce, Bureau of Industry and Security ("BIS")
regarding potential export control violations that the Company is currently investigating, relating to sales of
certain goods to its Russian subsidiary.

The Company has engaged the services of independent firms with the necessary expertise in connection
with the internal investigation and the voluntary self-disclosure.

Accordingly, the precise details of whether there had been violations and if so, the extent of such violations,
have not yet been determined, and remain subject to the abovementioned investigation and voluntary
engagements with BIS.

In line with the Company's commitment to upholding high standards of transparency, a further update
relating to the above will be provided to the market in due course.


Sandton
13 September 2024

JSE Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Enquiries:
Kgaugelo Legoabe - Kgomari
Group Investor Relations
Tel: +27 82 619 4710
email: bawir@barloworld.com




                                                       

Date: 13-09-2024 03:30:00
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