Early redemption of KAP020

KAP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1978/000181/06)
Company Alpha Code: KAP
LEI code: 3789001F51BC0045FD42
("KAP")

EARLY REDEMPTION OF KAP020

In accordance with the provisions of the terms and conditions of KAP's ZAR10,000,000,000 Domestic Medium
Term Note Programme dated 13 December 2019, and specifically Condition 11.3 (Redemption at the Option
of the Issuer) read with Item 38 of the Applicable Pricing Supplement in respect of KAP020, investors are
herewith advised of the full optional capital redemption of KAP020 effective Monday, 16 March 2026 as follows:

 Instrument            ISIN                  Capital redemption    Amount                Record date
                                                                   outstanding after
 KAP020                ZAG000179797          R250,000,000.00       R0.00                 Friday, 13 March
                                                                                         2026

Stellenbosch
24 February 2026

Debt Sponsor
PSG Capital

Date: 24-02-2026 09:00:00
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