AECI Limited - Notification of the voting results in respect of the request for written consent of Noteholders

AECI LIMITED (Incorporated in the Republic of South Africa) (Registration No. 1924/002590/06) Company code: AECI LEI: 3789008641F1D3D90E85 Bond code: AECI05ISIN: ZAG000199258 Bond code: AECI06ISIN: ZAG000199266 (AECI or the Issuer) NOTIFICATION OF THE VOTING RESULTS IN RESPECT OF THE REQUEST FOR WRITTEN CONSENT OF NOTEHOLDERS Unless otherwise defined herein, capitalised terms shall have the same meaning as set forth in Consent Notice (as defined below). Noteholders are referred to the notice of request for written consent released by AECI on SENS on 4 November 2024 (the "Consent Notice"), in which the Extraordinary Resolutions set out below were proposed: 1. Extraordinary Resolution No. 1: "That the Noteholders of all Notes Outstanding consent tounconditional release and discharge of Much Asphalt, as Original Guarantor, from its obligations under the Terms and Conditions and the Noteholders Guarantee." 2. Extraordinary Resolution No. 2: "That, subject to the passing of Extraordinary Resolution No. 1 above, the Noteholders of all Notes Outstanding consent to: 2.1.1                        the Issuer amending and restating the Terms and Conditions, as contained in the Programme Memorandum and the Noteholders Guarantee to give effect to the unconditional release and discharge of Much Asphalt, as an Original Guarantor; 2.1.2                        subject to the passing of Extraordinary Resolution No. 2 above, any consequential changes to the Applicable Pricing Supplements of all Notes Outstanding, to give effect to the release and discharge of Much Asphalt as Original Guarantor." In this regard, AECI confirms the voting results from the Consent Notice in relation to the total nominal amount of those classes of debt securities that were affected by the amendments are as follows: AECI05 +-------------+-----------+----------+----------+-----------+----------+-------- -+ |Extraordinary|Total value|Debt |Debt |Votes for |Votes |Votes | |Resolution |of |securities|securities|the |against |abstained| | |Notes |voted as a|voted (%) |resolution*|the |(%) | | |outstanding|Rand | |(%) |resolution| | | |(R) |value (R) | | |(%) | | +-------------+-----------+----------+----------+-----------+----------+-------- -+ |No. 1 |535 000 000|495500 000|92.62 |92.62 |0.00 |0.00 | +-------------+-----------+----------+----------+-----------+----------+-------- -+ |No. 2 |535 000 000|495500 000|92.62 |92.62 |0.00 |0.00 | +-------------+-----------+----------+----------+-----------+----------+-------- -+ AECI06 +-------------+----------------------------------------------------------------- ----+----------+----------+-----------+----------+---------+ |Extraordinary|Total value of Notes outstanding (R) |Debt |Debt |Votes for |Votes |Votes | |Resolution | |securities|securities|the |against |abstained| | | |voted as a|voted (%) |resolution*|the |(%) | | | |Rand | |(%) |resolution| | | | |value (R) | | |(%) | | +-------------+----------------------------------------------------------------- ----+----------+----------+-----------+----------+---------+ |No. 1 |465 000 000                                                          |414630 000|89.17 |89.17 |0.00 |0.00 | +-------------+----------------------------------------------------------------- ----+----------+----------+-----------+----------+---------+ |No. 2 |465 000 000 |414630 000|89.17 |89.17 |0.00 |0.00 | | |    | | | | | | +-------------+----------------------------------------------------------------- ----+----------+----------+-----------+----------+---------+ * In relation to the total number of debt securities voted in terms of the Consent Notice. Following the above voting results, the requisite majorities were obtained and both resolutions have been passed. 3 December 2024 Debt sponsor Questco Proprietary Limited This information was brought to you by Cision http://news.cision.com

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