SAB ZENZELE KABILI HOLDINGS (RF) LIMITED - Release of annual report including audited financial statements for the year ended 31 December 2024 & Notice of AGM

Release of annual report including audited financial statements for the year ended 31 December 2024 & Notice of AGM

SAB Zenzele Kabili Holdings (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2019/616052/06)
JSE share code: SZK
ISIN: ZAE000284196
LEI: 378900429C4F73B1BE74
("SABZK" or the "Company")

SABZK – RELEASE OF ANNUAL REPORT INCLUDING AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31
DECEMBER 2024 AND NOTICE OF ANNUAL GENERAL MEETING

Shareholders are advised that the annual report for the year ended 31 December 2024, is available to
shareholders today, Wednesday, 26 March 2025.

The annual report incorporating the audited annual financial statements for the year ended 31 December 2024
("annual financial statements") and the notice of annual general meeting is available at
https://sabzenzelekabili.co.za/index.php/reports/ and is available for inspection at SABZK's registered address
at c/o The South African Breweries (Pty) Ltd, 65 Park Lane, Sandown. In addition, SABZK shareholders are advised
that the unqualified report of the independent auditors, PricewaterhouseCoopers Inc., is included in the annual
financial statements. This announcement is the responsibility of the directors of SABZK and has not been
reviewed or reported on by SABZK's external auditors. Any investment decisions should be based on the annual
report as the information in this announcement does not provide all of the details.

Profit decreased from R425 million for the year ended 31 December 2023 to a loss of R1,5 billion for the year
ended 31 December 2024, a decrease of greater than 100%.

Earnings per share and headline earnings per share decreased from 1,050 cents per share for the year ended 31
December 2023 to a loss of 3,717 cents per share for the year ended 31 December 2024, a decrease of greater
than 100% per share.

The special dividend decreased by 31% from 45 cents per share for the year ended 31 December 2023 to 31
cents per share for the year ended 31 December 2024.

In addition, the net asset value per share decreased by 57% from 6,574 cents per share for the year ended 31
December 2023 to 2,826 cents per share for the year ended 31 December 2024.

The annual report incorporates the notice of the annual general meeting which will be held in fully electronic
format at https://sabzenzelekabili.vagm.africa on Wednesday, 21 May 2025 at 09:00 (SA time).

 ISSUER NAME                                     SAB ZENZELE KABILI HOLDINGS (RF) LIMITED
 TYPE OF INSTRUMENT                              Ordinary Shares
 ISIN NUMBER                                     ZAE000284196
 JSE CODE                                        SZK
 MEETING TYPE                                    Annual General Meeting
 MEETING VENUE                                   https://sabzenzelekabili.vagm.africa
 RECORD DATE – to determine which
 shareholders are entitled to receive the
 Notice of meeting                               Friday, 14 March 2025
 PUBLICATION/POSTING DATE                        Wednesday, 26 March 2025
 LAST DATE TO TRADE – Last day to trade to
 determine eligible shareholders that may
 attend, speak and vote at the Meeting           Tuesday, 13 May 2025
 RECORD DATE - Record date to determine
 eligible shareholders that may attend,
 speak and vote at the Meeting                   Friday, 16 May 2025
 MEETING       DEADLINE      DATE   (For
 administrative purposes, forms of proxy
 for the meeting to be lodged)                   09:00 on Monday, 19 May 2025
 MEETING DATE                                    09:00 on Wednesday, 21 May 2025
 PUBLICATION OF RESULTS                          Thursday, 22 May 2025
 WEB SITE LINK                                   https://www.sabzenzelekabili.co.za

No share certificates may be dematerialised or rematerialised between Wednesday, 14 May 2025 and Friday,
16 May 2025, both days inclusive.

Johannesburg
26 March 2025

JSE Sponsor:
Tamela Holdings Proprietary Limited

Date: 26-03-2025 08:00:00
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