Disclosure of an acquisition of a beneficial interest in AECI AECI LIMITED (Incorporated in the Republic of South Africa) Registration number: 1924/002590/06 Share code: AFE ISIN: ZAE000000220 Hybrid code: AFEP ISIN: ZAE000000238 Bond company code: AECI LEI: 3789008641F1D3D90E85 (AECI or the Company) DISCLOSURE OF AN ACQUISITION OF A BENEFICIAL INTEREST IN AECI In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 as amended (the Companies Act), regulation 121(2)(b) of the Companies Regulations, 2011 and paragraph 3.83(b) of the JSE Limited Listings Requirements (JSE Listings Requirements), AECI shareholders and noteholders are advised that the Company has received formal notification, in the prescribed form, from 36ONE Asset Management (Proprietary) Limited (36ONE), advising that it has acquired a beneficial interest in the ordinary securities of AECI, such that 36ONE now holds a beneficial interest of 5.37% of the total issued ordinary share capital of the Company. As required in terms of sections 122(3)(a) and 122(3A) of the Companies Act, the Company will file the required notice with the Takeover Regulation Panel and the Companies and Intellectual Property Commission. The board of directors of AECI (Board) accepts responsibility for the information contained in this announcement and certifies that, to the best of the Board's knowledge and belief, the information contained in this announcement is true and that there are no facts that have been omitted which would make any statement in this announcement false or misleading and that this announcement contains all information required by law and the JSE Listings Requirements. Woodmead, Sandton 4 March 2025 Equity Sponsor: One Capital Debt Sponsor: Questco Corporate Advisory Date: 04-03-2025 12:30:00 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.