No Change Statement And Notice Of Annual General Meeting KAAP AGRI LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2011/113185/06) Share code: KAL ISIN: ZAE000244711 (“Kaap Agri” or “the Company”) NO CHANGE STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING NO CHANGE STATEMENT, DISTRIBUTION OF NOTICE OF ANNUAL GENERAL MEETING AND SUMMARISED FINANCIAL STATEMENTS Shareholders of Kaap Agri (“Shareholders”) are advised that the Company’s summarised consolidated financial statements for the year ended 30 September 2020 (“Summarised Financial Statements”) are annexed to the notice of the annual general meeting of the Company (“AGM”) (“Notice of AGM”) that was distributed to Shareholders today, 14 December 2020, and contains no modifications to the audited financial statements which were published on Thursday, 26 November 2020 and which are available at https://www.kaapagri.co.za/wp-content/uploads/financial-results/Annual-consolidated- financial-statements-for-the-year-ended-30-September-2020.pdf. The Notice of AGM, incorporating the Summarised Financial Statements, will also be available on the Company’s website, at https://www.kaapagri.co.za/wp-content/uploads/financial- results/Kaap-Agri_Notice_of_AGM_2020.pdf as from today, 14 December 2020. The Proxy Form is also available from today and can be accessed at https://www.kaapagri.co.za/wp- content/uploads/financial-results/Kaap-Agri_Notice_of_AGM_2020_FORM_OF_PROXY.pdf. The Company’s full integrated annual report will be made available on Kaap Agri’s website on or about Friday, 22 January 2021. Kaap Agri will, in due course, release a further announcement in this regard. NOTICE OF AGM Notice is hereby given that the AGM will be held at 12:30 pm on Thursday, 11 February 2021 at the Conference Venue, Lemoenkloof Guest House, 3 Malan Street, Paarl to transact the business set out in the Notice of AGM. The date on which Shareholders must be recorded as such in the share register of the Company to be eligible to vote at the AGM is Friday, 5 February 2021, with the last day to trade being Tuesday, 2 February 2021. Paarl 14 December 2020 Sponsor PSG Capital Date: 14-12-2020 04:52:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.