Results of the Odd-lot Offer City Lodge Hotels Limited (Incorporated in the Republic of South Africa) (Registration. No. 1986/002864/06) ISIN Code: ZAE000117792 Share Code: CLH "City Lodge" or the "Company" RESULTS OF THE ODD-LOT OFFER 1. Introduction 1.1. City Lodge ordinary shareholders ("Shareholders") are referred to the circular containing details of the odd-lot offer ("Odd-lot Offer") that was distributed to Shareholders on Thursday, 26 October 2023 ("Circular"). 1.2. Shareholders are further referred to the finalisation announcement that was released on SENS on Monday, 4 December 2023, containing the Odd-lot Offer Price and confirming that the Odd-lot Offer was unconditional and accordingly would be implemented in accordance with its terms. 1.3. Capitalised terms used herein that are not otherwise defined, bear the meanings ascribed to them in the Circular. 2. Results of the Odd-lot Offer 2.1. Shareholders are advised that the Odd-lot Offer closed at 12:00 (South African Standard Time) on Thursday, 14 December 2023 and the results thereof are as follows: Number of Shares Number of Shares Number of Shares Total number of Shares retained by election sold by election sold by default repurchased by City election 1 Lodge pursuant to the Odd-lot Offer Certificated 152 0 48 742 48 742 Dematerialised 22 372 251 835 14 121 265 956 Total 22 524 251 835 62 863 314 698 Note: 1. In terms of the Odd-Lot Offer, Odd-lot Holders who did not make an election were automatically regarded as having disposed of their Odd-lot Holdings to the Company. 2.2. City Lodge repurchased a total of 314 698 Shares, representing 0.05% of the total issued ordinary share capital of City Lodge for a total consideration of R1 479 815.30. 2.3. The Shares repurchased by City Lodge in terms of the Odd-lot Offer will be cancelled and delisted on Tuesday, 19 December 2023, resulting in the total issued ordinary share capital of City Lodge reducing from 609 859 502 to 609 544 804 Shares. 3. Payment of the Odd-lot Consideration 3.1. Dematerialised Odd-lot Holders who have accepted the Odd-lot Offer or who have made no election will have their accounts held at their CSDP or broker credited with the Odd-lot Consideration today, Monday, 18 December 2023. 3.2. Payments of the Odd-lot Consideration to Certificated Odd-lot Holders who have accepted the Odd-lot Offer or who have made no election will also be made today, Monday, 18 December 2023, by way of an electronic funds transfer into the Shareholder's bank account. Bryanston 18 December 2023 Investment Bank, Corporate Advisor and Sponsor Nedbank Corporate and Investment Banking, a division of Nedbank Limited Date: 18-12-2023 11:25:00 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.