In compliance with Section 122(3)(b) of the Companies Act, 2008 (Act 71 of 2008), as amended, and paragraph 3.83(b) of the Listings Requirements of the JSE Limited, shareholders are advised that Famous Brands has received notification in terms of section 122(1) of the Companies Act that the Coronation Asset Management (Pty) Limited (on behalf of its clients), have disposed of a beneficial interest in the securities of the Company, such that their entire beneficial interest now amounts to 22.08% of the total number of securities in issue.

As required in terms of section 122(3)(a) of the Companies Act, Famous Brands has filed the required notice with the Takeover Regulation Panel.

The board of directors of the Company accepts responsibility for the information contained in this announcement having relied on the information provided to in in the Form TRP 121.1 and certifies that, to the best of its knowledge and belief, the information contained in this announcement is true and this announcement does not omit anything that is likely to affect the import of such information.

20 June 2023