BARLOWORLD LIMITED - Disclosure of Change in Beneficial Interest in Securities and Update on Acceptances in Terms of the Standby Offer

Disclosure of Change in Beneficial Interest in Securities and Update on Acceptances in Terms of the Standby Offer

Barloworld Limited
(Incorporated in the Republic of South Africa)
(Registration number 1918/000095/06)
(Share code: BAW)
(A2X code: BAW)
(JSE ISIN: ZAE000026639)
(Share code: BAWP)
(JSE ISIN: ZAE000026647)
(Bond issuer code: BIBAW)
(JSE ISIN: ZAE000026647)
("Barloworld" or the "Company")

DISCLOSURE OF CHANGE IN BENEFICIAL INTEREST IN SECURITIES AND UPDATE ON ACCEPTANCES IN TERMS OF THE STANDBY OFFER

In compliance with section 122(3)(b) of the Companies Act, No. 71 of 2008 (as amended) (the "Companies
Act") and paragraph 3.83(b) of the Listings Requirements of the JSE Limited, shareholders are advised that
Barloworld has received a formal notification in accordance with section 122(1) of the Companies Act that
K2024528179 (South Africa) Proprietary Limited ("Newco" or the "Offeror") has acquired, in terms of the
wholly unconditional Standby Offer, an interest in the ordinary shares of the Company, such that the total
beneficial interest in the ordinary shares of the Company held by the Offeror now amounts to 58% of the total
number of ordinary shares in issue.

The board of directors of Barloworld ("Board") accepts responsibility for the information contained in this
announcement and confirms that, to the best of their knowledge and belief, such information is true and that
this announcement does not omit anything likely to affect the importance of such information. The Board has
relied on the accuracy of the information contained in the notification received from Newco in making this
statement.

Barloworld, as required by section 122(3)(a) of the Companies Act, has filed the required notices with the
Takeover Regulation Panel.

13 October 2025

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 13-10-2025 02:45:00
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