TRANSPACO LIMITED — M&A Activity 2026

Jan 29, 2026

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TRANSPACO LIMITED

(Incorporated in the Republic of South Africa) (Registration number: 1951/000799/06)

Ordinary share code: TPC

Ordinary share ISIN: ZAE000007480

("Transpaco")

UPDATE ON THE ACQUISITION OF THE PREMIER PLASTICS GROUP

Shareholders are referred to the announcement released on the Stock Exchange News Service on 6 November 2025, setting out the details of Transpaco's acquisition of all of the issued shares of Premier Plastics Proprietary Limited ("Premier") from Bundeena No 2 Proprietary Limited, Sixone Proprietary Limited and Alessandra Bragazzi, on certain terms and subject to certain conditions (the "Acquisition") (the "Terms Announcement").

After a comprehensive due diligence investigation, the parties have agreed that Transpaco will not acquire the issued shares of Polyethylene Recoveries Proprietary Limited, a wholly owned subsidiary of Premier.

The Acquisition is categorised as a Category 2 transaction in terms of the JSE Limited Listings Requirements.

Save as detailed above, there have been no other changes to the terms contained in the Terms Announcement and no significant new matter has arisen since the publication of the Terms Announcement.

Johannesburg

29 January 2026

Sponsor to Transpaco Investec Bank Limited

Legal advisors to Transpaco Cliffe Dekker Hofmeyr Incorporated