Exercise of Share Appreciation Rights and Allotment of Southern Sun Ordinary Shares Southern Sun Limited Incorporated in the Republic of South Africa Registration number 2002/006356/06 Share Code: SSU ISIN: ZAE000272522 ("Southern Sun") EXERCISE OF SHARE APPRECIATION RIGHTS AND ALLOTMENT OF SOUTHERN SUN ORDINARY SHARES In compliance with Paragraphs 3.63 of the JSE Limited Listings Requirements, shareholders are advised that per Southern Sun's Share Appreciation Rights Plan, Share Appreciation Rights ("SARs") vested and were exercised by the following director of a Major Subsidiary, to whom Southern Sun ordinary shares ("SSUs") have been issued. The value of the SSUs issued is equal to the value of the appreciation of the awarded SARs over the vesting period (net of tax). Director Lindelwa Phumla Isabelle Designation Director of Major Subsidiary, Southern Sun Hotel Interests (Pty) Ltd Nature of transaction Off market exercise of SARs and allotment of SSUs Nature of interest Direct, beneficial Class of shares Ordinary SSU shares Exercise date 16 September 2024 Allotment date 25 September 2024 Number of SSU 53 686 Exercise price R6.7127 Transaction value R360 378.01 Clearance obtained Yes 26 September 2024 Sponsor Investec Bank Limited Date: 26-09-2024 12:56:00 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.