Take Over Regulation Panel ruling in respect of concert party arrangement in relation to Novus Holdings Limited MUSTEK LIMITED Incorporated in the Republic of South Africa (Registration number 1987/070161/06) Share Code: MST ISIN: ZAE000012373 ("Mustek" or "the Company") TAKE OVER REGULATION PANEL ("TRP") RULING IN RESPECT OF CONCERT PARTY ARRANGEMENT IN RELATION TO NOVUS HOLDINGS LIMITED'S MANDATORY OFFER TO THE SHAREHOLDERS OF MUSTEK FOR SHARES THAT IT DOES NOT ALREADY BENEFICIALLY HOLD Mustek shareholders are referred to the SENS announcement by Novus Holdings Limited ("Novus") released on 25 February 2025, regarding a TRP ruling that the DK Trust is acting in concert with Novus. The TRP ruling can be accessed at Mustek's website at https://mustek.co.za/investor/#news and the TRP's website at https://trpanel.co.za/rulings. Responsibility statement as it relates to Mustek: The Independent Board accepts responsibility for the information contained in this announcement. To the best of the Independent Board's knowledge and belief, the information contained in this announcement is true and nothing has been omitted which is likely to affect the importance of the information. Midrand 25 February 2025 Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited Legal advisor: Webber Wentzel Date: 25-02-2025 05:50:00 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.