BRIMSTONE INVESTMENT CORPORATION LIMITED - Disclosure of Beneficial Interest in Securities

Disclosure of Beneficial Interest in Securities

Brimstone Investment Corporation Limited
(Incorporated in the Republic of South Africa)
Registration number 1995/010442/06
ISIN Number: ZAE000015277 Share Code: BRT
ISIN Number: ZAE000015285 Share Code: BRN
("Brimstone" or the "Company")

DISCLOSURE OF BENEFICIAL INTEREST IN SECURITIES

In compliance with section 122(1) and section 122(3)(b) of the Companies Act, 71 of 2008 (the "Companies
Act") and paragraph 3.83(b) of the JSE Limited Listings Requirements, shareholders are advised that PSG
Asset Management (Pty) Ltd ("PSG") has, in aggregate, acquired a further interest in the "N" Ordinary
shares of Brimstone, such that PSG's entire beneficial interest now amounts to 10.19% of the total number
of "N" Ordinary shares in issue.

The board of directors of Brimstone ("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
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 PSG in making this
statement.

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

Cape Town
3 December 2025

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

Date: 03-12-2025 01:11:00
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