Disclosure of significant holding of AECI shares 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 SIGNIFICANT HOLDING OF AECI SHARES 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, shareholders and noteholders are advised that the Company has received formal notification that Aylett & Company (Pty) Ltd (Aylett & Company) has increased its interest in the ordinary shares of the Company such that the total interest in the ordinary shares of the Company held by Aylett & Company amounts to 5.00% of the total issued ordinary share capital of the Company. As required in terms of section 122(3)(a) of the Companies Act, the Company has filed the required notice with the Takeover Regulation Panel. The Board of Directors of AECI accepts responsibility for the information contained in this announcement as it relates to the Company and confirms that, to the best of its knowledge and belief, such information relating to AECI is true and that this announcement does not omit anything likely to affect the importance of such information. Woodmead, Sandton 15 August 2024 Equity and Debt Sponsor: Rand Merchant Bank (a division of FirstRand Bank Limited) Date: 15-08-2024 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.