MAS PLC — M&A Activity 2026

Mar 24, 2026

MAS

MAS P.L.C.
Registered in Malta
Registration number: C99355
JSE share code: MSP
ISIN: VGG5884M1041
LEI code: 213800T1TZPGQ7HS4Q13
("MAS", the "Company" or the "Group")

VOLUNTARY ANNOUNCEMENT: OPENING OF BID BY PK INVESTMENTS LIMITED TO PURCHASE MAS SHARES

Unless the context dictates otherwise, capitalised terms used in this announcement will have the same meanings assigned to them in the PKI Announcement (as defined below).

MAS shareholders are referred to the announcement (the "PKI Announcement") published by PK Investments Limited ("PKI") on 24 March 2026, on the Cape Town Stock Exchange News Service, at https://www.ctexchange.co.za/market/company-announcements?company=PK%20INVESTMENTS%20LIMITED, regarding a bid by PKI to acquire MAS shares on the further terms and conditions set out in the PKI Announcement ("Bid").

The Bid is launched independently of the Company, and it is not a party to the Bid. Accordingly, this announcement is made to MAS shareholders solely for notification purposes and does not constitute any advice or recommendation in respect of the Bid.

24 March 2026

For further information please contact:
Irina Grigore, MAS P.L.C.
+356 27 66 36 91
PSG Capital, JSE Sponsor
+27 010 978 2434