Finalisation Announcement in relation to The Specific Repurchase of Shares and Category Two Disposals INSIMBI INDUSTRIAL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2002/029821/06) Share code: ISB ISIN: ZAE000116828 ("Insimbi" or "the Company") FINALISATION ANNOUNCEMENT IN RELATION TO THE SPECIFIC REPURCHASE OF SHARES AND CATEGORY TWO DISPOSALS Unless expressly defined, capitalised terms herein have the same meaning given to them in the Circular. INTRODUCTION Shareholders are referred to the various announcements released by the Company on SENS and the Circular to Shareholders dated and distributed on 11 July 2024, advising shareholders of the repurchase of a number of listed ordinary issued Insimbi shares and the disposal of certain business assets owned by its subsidiaries. FULFILMENT OF TRANSACTION CONDITIONS The Company is pleased to advise Shareholders that all Conditions Precedent to the Transaction, as listed in the Circular, have been fulfilled and that the Transaction has therefore become unconditional. Shareholders are advised that, on 16 August 2024, the TRP issued a compliance certificate in terms of section 119(4)(b) read with section 121(b) of the Companies Act in respect of the Repurchases. SALIENT DATES AND TIMES The Repurchase will be implemented in accordance with their terms and the salient dates and times set out below: 2024 Compliance certificate received from the TRP on Friday, 16 August Finalisation announcement released on SENS on Monday, 19 August Expected implementation and settlement date of the Repurchases on or about Thursday, 22 August Delisting application letter lodged with the JSE for the delisting of the Thursday, 22 August Repurchase Shares on or about Expected termination of listing of Repurchase Shares at the commencement of Friday, 23 August trading on or about RESPONSIBILITY STATEMENTS The Independent Board, collectively and individually, accept responsibility for the accuracy of the information given in this announcement and certify that, to the best of their knowledge and belief, the information contained in this announcement is true, that no facts have been omitted which would make any statement in this announcement false or misleading, that all reasonable enquiries to ascertain such facts have been made and that this announcement contains all information required by law, the Companies Act, the Regulations, and the JSE Listings Requirements. The Board collectively and individually accept full responsibility for the accuracy of the information given and certify that to the best of their knowledge and belief there are no facts that have been omitted which would make any statement false or misleading, and that all reasonable enquiries to ascertain such facts have been made and that this announcement contains all information required by law the Companies Act, the Regulations and the JSE Listings Requirements. Johannesburg 19 August 2024 Transaction Advisor and Sponsor PSG Capital Date: 19-08-2024 09:35:00 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.