Condensed Consolidated Financial Statements for the year ended 31 March 2022 PPC Ltd (Incorporated in the Republic of South Africa) (Company registration number: 1892/000667/06) JSE ISIN: ZAE000170049 JSE code: PPC ZSE code: PPC (PPC or the company or the group) Short-form announcement Condensed consolidated financial statements for the year ended 31 March 2022 Salient features (continuing operations) - Group revenue R9,9 billion (March 2021: R8,9 billion) - Group EBITDA R1,5 Billion (March 2021: R1,6 billion) - Earnings/(loss) per share (5) cents (March 2021: 65 cents) - Headline earnings/(loss) per share (3) cents (March 2021: 3 cents) - Cash generated from operations R1,5 billion (March 2021: R1,4 billion) - The group did not declare a dividend in the current or previous period Roland van Wijnen, CEO, said: "Our resilient cash generation demonstrates our focus on one of the most important measures of financial performance. These results were further supported by our efforts to drive efficiencies which helped mitigate inflationary pressures. Ultimately, Team PPC was able to reduce net debt by R1,2 billion and finalise the work to achieve a solid financial position. Furthermore, we have set our decarbonisation strategy in motion and are committed to tackling climate change head on. I extend my gratitude to all our customers for their continued support and to my colleagues who have worked diligently to ensure PPC continues to sustain its purpose of empowering people to experience a better quality of life." REVIEW OF OPERATIONS The group, in accordance with IFRS 5 - Non-current assets held for sale, continues to account for PPC Barnet as a discontinued operation. Accordingly, the assets, liabilities and profit or loss are reported separately in the financial statements for the year ended 31 March 2022. For the year ended 31 March 2021, PPC Barnet, PPC Lime and Botswana Aggregates were all accounted for as discontinued operations. During the year under review, PPC Lime and Botswana Aggregates were sold with effect from 30 September 2021 and 16 September 2021 respectively. Regarding PPC Barnet, binding long-form agreements for the restructure of the senior lender debt were signed on 19 April 2022 and all the conditions precedent were met on 29 April 2022, from which date PPC will cease to consolidate PPC Barnet. GROUP PERFORMANCE Group revenue for the 12 months ended 31 March 2022 increased by 11% to R9 882 million (March 2021: R8 938 million). Excluding Zimbabwe, group revenue increased by 5%. Revenue in PPC Zimbabwe increased by 34% off the back of a 28% increase in volumes. Total costs, being cost of sales together with administration and other operating expenditure, increased by 19% to R9 360 million (March 2021: R7 887 million). The increase in total costs is significantly affected by an increase in PPC Zimbabwe's costs of 85%. Other than continuing hyperinflation and the 42% depreciation of the Zimbabwean dollar (ZWL dollar) against the South African rand (ZAR), the most significant line item was an increase in PPC Zimbabwe's depreciation expense to R386 million (March 2021: R24 million) due to the application of the effective rate method of hyperinflating depreciation in the current year. Costs, excluding depreciation and PPC Zimbabwe, increased by 7% with efficiency gains offsetting input cost inflation. Profit before tax from continuing operations decreased from R1 765 million to R186 million, due to the items set out below: - PPC Zimbabwe incurred a loss before tax of R67 million (March 2021: R263 million profit) - Excluding PPC Zimbabwe's portion, fair value adjustments and foreign exchange movements resulted in a gain of R18 million (March 2021: R148 million loss) - Impairments of R38 million (March 2021: R1 317 million reversal) - An IFRS - Share-based payment charge of R36 million (March 2021: R21 million). Excluding the above in both the current and the prior year, operating profit from continuing operations would have decreased by R43 million or 11%. Finance costs decreased by 15% to R240 million (March 2021: R283 million) due to lower average borrowings. Finance costs in South Africa decreased by 4% to R155 million (March 2021: R161 million), while finance costs in the international operations decreased by 30% to R85 million (March 2021: R122 million). The group taxation charge for the year amounts to R207 million relative to a charge of R742 million in March 2021. Discontinued operations, which include PPC Barnet for the full year and PPC Lime and Botswana Aggregates until 30 September and 16 September 2021 respectively, generated a profit of R158 million (March 2021: R1 141 million loss) for the year. The most significant change year-on-year was an impairment of R761 million in the prior year compared to a reversal of R215 million in the current year for PPC Barnet at the consolidated level to reflect the economic position post the restructuring agreements entered into on 31 March 2021. Earnings per share (EPS) for the period from continuing operations decreased to a loss of 5 cents (March 2021: 65 cents) while headline earnings per share from continuing operations (HEPS) reduced to a loss of 3 cents (March 2021: 3 cents profit). Group earnings before interest, tax, depreciation and amortisation (EBITDA) decreased by 7% to R1 493 million (March 2021: R1 598 million) with an EBITDA margin of 15,1% (March 2021: 17,9%). Excluding PPC Zimbabwe, the group's EBITDA from continuing operations decreased by 2%. Cash generated from continuing operations before working capital changes decreased by 3% to R1 516 million (March 2021: R1 559 million). Stringent working capital management resulted in cash generated from continuing operations increasing by 6% to R1 454 million (March 2021: R1 375 million). Cash generation and preservation remains a key performance measure for PPC. Net cash outflow from investing activities reduced to R72 million (March 2021: R392 million) mainly due to the receipt of R503 million in cash from the disposal of PPC Lime and Botswana Aggregates offset to some extent by an increase in investments in property, plant and equipment of R186 million. Net cash inflow before financing activities improved to R973 million (March 2021: R972 million). Gross debt amounted to R1 581 million on 31 March 2022 (March 2021: R2 628 million). The R1 047 million decline in gross debt comprises a reduction of borrowings in South Africa of R692 million, CIMERWA Limitada (CIMERWA) of R216 million and PPC Zimbabwe of R139 million. CEMENT SOUTH AFRICA AND BOTSWANA Cement sales volumes in the region for the 12 months ended 31 March 2022 were in line with the prior year as demand normalised from a high base. Relative to the 12 months ended 31 March 2020 (pre-COVID-19), cement sales volumes increased by 5% to 9%. South Africa and Botswana cement sales continue to benefit from demand growth in the informal and rural markets, albeit at a "normalised" rate following the post-COVID-19 lockdown spike in demand. Cement sales volumes in the inland region also benefited from pockets of demand from industrial construction and mining activity. As a result, inland region cement sales volumes exceeded pre-COVID-19 levels. Cement sales volumes in the coastal region experienced low single-digit year-on-year demand growth due to a partial recovery in industrial construction demand. However, despite the improvement in demand, cement sales in the region are still below pre-COVID-19 levels. PPC is well-positioned to benefit from a potential boost in cement demand once the government's infrastructure programme gathers momentum. However, PPC has yet to experience any meaningful uplift in cement sales from this programme except for limited road construction and rehabilitation activity. The group can immediately make additional capacity available to capture any upswing in demand. Cement and clinker imports, mainly from Vietnam, increased by 19% year-on-year and currently exceeds pre-COVID-19 levels. PPC estimates that imports account for approximately 10% of RSA cement sales. PPC and the industry continue to engage with the relevant authorities for relief against unfair competition from imports, which threatens the financial sustainability of a vital component of the manufacturing and construction sector and erodes the industry's ability to maintain jobs. PPC is committed to working with all parties within the parameters of the prevailing competition laws to achieve an expeditious outcome. PPC implemented average price increases of 4% to 7% year-on-year, which partially offset input cost inflation. However, realised selling prices increased by 5% year-on-year due to a change in product mix and a depreciation of the Botswana pula against the South African rand. For the 12 months ended 31 March 2022, South Africa and Botswana cement revenue increased by 4% to R5 415 million (March 2021: R5 196 million). Relative to the comparable period in 2020, revenue increased by 12%. EBITDA reduced by 5% to R825 million (March 2021: R866 million) with a margin of 15,2% (March 2021: 16,7%). Both EBITDA and EBITDA margin were impacted by higher input cost inflation and weaker volumes in the second half of FY22 due to a more normalised demand and higher than usual rainfall. Relative to March 2020, EBITDA increased by 34,6% and EBITDA margins increased by 2,6%. MATERIALS BUSINESS AGGREGATES, READYMIX AND ASH After experiencing strong demand in the first half of FY22 due to a recovery in construction activity, the materials business experienced weaker demand in the second half of FY22 as a result of higher than usual rainfall. For the 12 months ended 31 March 2022, sales volumes for the readymix and aggregates businesses increased by 7% and 10%respectively. Fly ash sales volumes decreased by 17% year-on-year off a high base as ash sales benefited from the shortage of alternative extenders like slag in the prior period. Relative to the 12 months ended 31 March 2020 (pre-COVID-19), aggregates and readymix volumes increased by 16% and 3%, respectively, while ash volumes declined by 1%. Overall, revenue for the materials division increased by 10% to R1 086 million (March 2021: R991 million). Compared to the 12 months ended 31 March 2020, revenue increased by 5%. EBITDA improved to R41 million (March 2021: R8 million loss) for the 12 months ended 31 March 2022. INTERNATIONAL Zimbabwe PPC Zimbabwe continues to trade ahead of expectations even though trading conditions remain challenging due to the macro-economic environment. For the 12 months ended 31 March 2022, cement sales volumes increased by 28% year-on-year due to retail demand and support from government-funded projects. Relative to the 12 months ended 31 March 2020 (pre-COVID-19), volumes increased by 41%. Revenue increased by 34% to R2 172 million (March 2021: R1 623 million) as a result of increased cement sales volumes. Compared to the 12 months ended 31 March 2020 (pre-COVID-19), revenue increased by 17%. PPC Zimbabwe adjusted selling prices in local currency and US Dollar (US$) to reflect currency depreciation and input cost inflation respectively. EBITDA for the 12 months ended 31 March 2022 declined by 18,3% to R393 million (March 2021: R481 million) with a reduced EBITDA margin of 18,1% (March 2021: 29,6%). PPC Zimbabwe incurred additional costs in importing clinker to support volume growth and offset the impact of a planned and unplanned kiln shutdown during the period. The importation of clinker, higher maintenance costs and the depreciation of the ZWL dollar against the ZAR negatively impacted EBITDA. The Reserve Bank of Zimbabwe (RBZ) honoured its obligation to settle PPC Zimbabwe's legacy debt. The debt was fully repaid during December 2021. PPC Zimbabwe is financially self-sufficient and is focused on cash preservation and maximising US$ EBITDA. PPC received US$6,2 million in dividends from PPC Zimbabwe in FY22, plus an additional US$4,4 million in June 2022. Rwanda Although COVID-19 related lockdowns unfavourably impacted CIMERWA's cement volumes in the first half of FY22, cement demand rebounded strongly in the second half post the easing of the lockdown restrictions. Retail demand, exports and government-funded projects were the main drivers of the rebound in demand. For the 12 months ended 31 March 2022, cement sales volumes increased by 20% year-on-year while revenues increased by 7% to R1 209 million (March 2021: R1 128 million). Compared to the 12 months ended 31 March 2020, volumes and revenues increased by 30% and 29%, respectively. The rand strength against the functional currency impacted revenue contribution. EBITDA of R341 million was in line with the prior comparable period (March 2021: R342 million), while the EBITDA margin reduced to 28,2% (March 2021: 30,3%). RESTRUCTURING AND REFINANCING UPDATE During the financial year under review, PPC Aggregate Quarries Botswana and PPC Lime Limited were successfully sold and the South African balance sheet de-geared to acceptable levels. The South African debt facilities were also re-negotiated to reduce the cost of debt and to ensure an optimal mix of the tenure of the long-term facilities. Solvency was restored to PPC Barnet's balance sheet through the capitalisation of quasi-equity and historical deficiency funding loans and subsequent to the year-end the debt restructuring became effective thereby restoring liquidity to the business. OUTLOOK As PPC experiences a normalisation of cement demand in South Africa following the post-COVID-19 spike, the group will redouble its efforts to improve cost competitiveness through improved industrial performance and operational excellence. To this end, Mokate Ramafoko, former head of PPC International Holdings (Pty) Ltd, has been appointed as the group managing director for Industrial and Innovation, reporting directly to the group chief executive officer (CEO), Roland Van Wijnen. He will be responsible for industrial performance, new business and decarbonisation. PPC's international operations will be managed by the respective in-country boards. REVIEW CONCLUSION The provisional report was reviewed by the company's external auditors, Deloitte & Touche, who expressed an unmodified review conclusion. The information in this short-form announcement has been extracted from the reviewed provisional report but is itself not reviewed. The auditor's report does not necessarily report on all of the information contained in this announcement. Shareholders are therefore advised that in order to obtain a full understanding of the nature of the auditor's engagement they should obtain a copy of the auditor's report together with the accompanying provisional report from PPC's registered office. Any reference to future financial performance has not been reviewed by or reported on by the group's external auditors. Chairman Chief executive officer Chief financial officer PJ Moleketi R van Wijnen B Berlin Sandton 27 June 2022 Short-form announcement This short-form announcement of the provisional report is extracted from the financial information in the condensed consolidated financial statements and does not contain full or complete details of the provisional report. This short-form announcement is the responsibility of the board of directors of PPC. Any investment decisions by investors and/shareholders should be based on consideration of the full provisional report, as a whole, as published on SENS and the issuer's website as follows: PPC's' website: <a href="https://www.ppc.africa/investors-relations/reports/?t=final-results-reports" target="_blank">https://www.ppc.africa/investors-relations/reports/?t=final-results-reports</a>; and JSE's website: <a href="https://senspdf.jse.co.za/documents/2022/jse/isse/PPC/FY2022.pdf" target="_blank">https://senspdf.jse.co.za/documents/2022/jse/isse/PPC/FY2022.pdf</a> Copies of the provisional report and the auditor's unmodified review conclusion thereon are also available for inspection at the company's registered office (by appointment), and may be requested from the company secretary Kevin Ross at (<a href="mailto:Kevin.Ross@ppc.co.za">Kevin.Ross@ppc.co.za</a>) at no charge, during office hours. (A live and recorded video webcast of the results presentation will be held today at 11:00am and can be accessed via this link: <a href="https://www.corpcam.com/PPC27062022" target="_blank">https://www.corpcam.com/PPC27062022</a>) Registered office: 148 Katherine Street, Sandton, South Africa (PO Box 787416, Sandton, 2146 South Africa) DIRECTORS: PJ Moleketi (chair), R van Wijnen* (CEO), AC Ball, B Berlin (CFO), N Gobodo, K Maphisa, NL Mkhondo, BM Hansen**, CH Naude, MR Thompson *Dutch **Danish Company secretary: KR Ross Sponsor: Questco Corporate Advisory (Pty) Ltd Financial Communications Advisor: Instinctif Partners, Louise Fortuin Mobile: +27 71 605 4294 <a href="http://www.ppc.africa" target="_blank">www.ppc.africa</a> Date: 27-06-2022 07:05:00 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.

Trading Statement PPC Ltd (Incorporated in the Republic of South Africa) (Company registration number 1892/000667/06) JSE ISIN: ZAE000170049 JSE code: PPC ZSE code: PPC (“PPC” or “Company” or “Group”) TRADING STATEMENT PPC is currently finalising its results for the twelve months ended 31 March 2022 (“the period”). In terms of the JSE Limited Listings Requirements, shareholders are advised that PPC is satisfied with a reasonable degree of certainty that the financial results for the period to be reported upon will differ by at least 20% from that for the previous corresponding period, being the twelve months ended 31 March 2021 ("the prior period"). In accordance with IFRS 5 - Non-current assets held for sale, the group has accounted for its PPC Lime, Botswana Aggregates and PPC Barnet DRC businesses as discontinued operations. Earnings per share (“EPS”) from continuing operations for both the period and the prior period is impacted by material movements in non-cash items, being fair value and foreign exchange movements, impairments and impairment reversals. In addition, both EPS and headline earnings from Zimbabwe are impacted by hyperinflation accounting in terms of IAS 29. EPS for the period from continuing operations is expected to be a loss of between 3 cents and 7 cents per share, compared to the 65 cents per share profit for the prior period. Headline loss per share for the period from continuing operations is expected to be between 1 cent and 5 cents per share, compared to the 3 cents headline earnings per share for the prior period. EPS for the Group (including discontinued operations) for the period is expected to be between 4 cents and 6 cents per share, a decrease of between 67% and 50% from the 12 cents per share for the prior period. Headline loss per share for the period for the Group is expected to be between 12 cents per share and 15 cents per share, an increase of between 20% and 0% from the 15 cents per share loss for the prior period. Earnings before interest, tax, depreciation and amortization (“EBITDA”) from continuing operations, excluding PPC Zimbabwe’s EBITDA, is expected to be between 0% and 4% lower than the prior period comparable EBITDA. Cash generated from continuing operations increased by between 4% and 8% relative the prior period. The financial information on which this trading statement is based is the responsibility of the directors of the Company and has not been reviewed or reported on by the Group's independent external auditor. The Group's audited annual financial statements for the year ended 31 March 2022 are expected to be released on or about 27 June 2022. Sandton 22 June 2022 Sponsor Questco Corporate Advisory Proprietary Limited Financial Communications Advisor: Instinctif Partners Louise Fortuin Mobile: +27 71 605 4294 Date: 22-06-2022 03:40:00 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.

Change in external auditor PPC Ltd (Incorporated in the Republic of South Africa) (Company registration number 1892/000667/06) JSE ISIN: ZAE000170049 JSE code: PPC ZSE code: PPC (“PPC” or “the Company” or “Group”) CHANGE IN EXTERNAL AUDITOR Shareholders of PPC (“Shareholders”) are advised that the board of directors of the Company (“Board”), on recommendation of PPC’s audit and risk committee, has appointed PricewaterhouseCoopers Inc. (“PwC”) as the new external auditor of the Group for the financial year ending 31 March 2023, with the designated audit partner being Nqaba Ndiweni. The incumbent external auditor, Deloitte & Touche Inc. (“Deloitte”) will continue to act as external auditor of the Group for the financial year ending 31 March 2022. Deloitte’s appointment will accordingly terminate upon the conclusion of the audit in respect of the financial year ending 31 March 2022. PwC’s appointment as external auditor will be effective immediately after Deloitte’s appointment terminates and will be proposed for approval by Shareholders at the annual general meeting of the Company, scheduled to be held in September 2022. The change in external auditor follows PPC’s decision to early adopt the mandatory audit firm rotation rule, issued by the Independent Regulatory Board for Auditors, which will be applicable for financial years commencing on or after 1 April 2023. The Board would like to thank Deloitte for their long-standing service to the Group and looks forward to working with PwC. Sandton 04 April 2022 Sponsor Questco Corporate Advisory Proprietary Limited Financial Communications Advisor: Instinctif Partners Louise Fortuin Mobile: +27 71 605 4294 Date: 04-04-2022 03:00:00 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.

Dealing in securities by associate of directors and disclosure of beneficial interest in securities PPC Ltd (Incorporated in the Republic of South Africa) (Company registration number 1892/000667/06) JSE ISIN: ZAE000170049 JSE code: PPC ZSE code: PPC ("PPC" or "Company") DEALING IN SECURITIES BY AN ASSOCIATE OF DIRECTORS AND DISCLOSURE OF BENEFICIAL INTEREST IN SECURITIES In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : Mr AC Ball Title : Non-Executive Director Director : Ms N Mkhondo Title : Non-Executive Director Company : PPC Limited Name of Associate : Value Capital Partners (Pty) Ltd* Date of transaction : 30 March 2022 Number of securities : 4 268 793 Nature of transaction : On-market acquisition of securities Class of securities : Ordinary shares Share price : R3.9934 Value of transaction : R17 046 997.97 Nature of interest : Indirect Beneficial Clearance to deal obtained : Yes Date of transaction : 31 March 2022 Number of securities : 7 531 207 Nature of transaction : On-market acquisition of securities Class of securities : Ordinary shares Share price : R4.1849 Value of transaction : R31 517 348.17 Nature of interest : Indirect Beneficial Clearance to deal obtained : Yes * Mr AC Ball and Ms N Mkhondo have an indirect beneficial interest in Value Capital Partners (Pty) Ltd (“VCP”), which is the registered investment manager to Value Capital Partners H4 QI Hedge Fund and various other funds. BENEFICIAL INTEREST IN SECURITIES In terms of paragraph 3.83(b) of the JSE Listings Requirements and section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended, shareholders are advised that PPC has received formal notification that VCP has acquired a beneficial interest in the ordinary shares of the Company, such that the total interest held in PPC now amounts to 15.05% of the total issued ordinary shares of the Company. The board of directors of PPC (“the Board”) accepts responsibility for the information contained in this announcement as it pertains to the Company. To the best of the Board's knowledge and belief, the information contained in this announcement is true and nothing has been omitted which is likely to affect the importance of such information. Sandton 1 April 2022 Sponsor Questco Corporate Advisory Proprietary Limited Financial Communications Advisor: Instinctif Partners Louise Fortuin Mobile: +27 71 605 4294 Date: 01-04-2022 03:00:00 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.

Dealing in securities by an associate of directors PPC Ltd (Incorporated in the Republic of South Africa) (Company registration number 1892/000667/06) JSE ISIN: ZAE000170049 JSE code: PPC ZSE code: PPC (“PPC” or “the Company”) DEALING IN SECURITIES BY AN ASSOCIATE OF DIRECTORS In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : Mr AC Ball Title : Non-Executive Director Director : Ms N Mkhondo Title : Non-Executive Director Company : PPC Limited Name of Associate : Value Capital Partners (Pty) Ltd* Date of transaction : 23 March 2022 Number of securities : 68 852 Nature of transaction : On-market acquisition of securities Class of securities : Ordinary shares Share price : R4.0300 Value of transaction : R277 473.56 Nature of interest : Indirect Beneficial Clearance to deal obtained : Yes Date of transaction : 24 March 2022 Number of securities : 8 714 795 Nature of transaction : On-market acquisition of securities Class of securities : Ordinary shares Share price : R4.0276 Value of transaction : R35 099 708.34 Nature of interest : Indirect Beneficial Clearance to deal obtained : Yes * Mr AC Ball and Ms N Mkhondo have an indirect beneficial interest in Value Capital Partners (Pty) Ltd (“VCP”), which is the registered investment manager to Value Capital Partners H4 QI Hedge Fund and various other funds. Sandton 28 March 2022 Sponsor Questco Corporate Advisory Proprietary Limited Financial Communications Advisor: Instinctif Partners Louise Fortuin Mobile: +27 71 605 4294 Date: 28-03-2022 03:45:00 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.

Operational update for the twelve months ending 31 March 2022 and change to board committee PPC Ltd (Incorporated in the Republic of South Africa) (Company registration number 1892/000667/06) JSE ISIN: ZAE000170049 JSE code: PPC ZSE code: PPC (“PPC” or “Company” or “Group”) OPERATING UPDATE FOR THE TWELVE MONTHS ENDING 31 MARCH 2022 AND CHANGES TO BOARD COMMITTEE OPERATING UPDATE FOR THE TWELVE MONTHS ENDING 31 MARCH 2022 GROUP PERFORMANCE PPC expects total Group cement sales volumes for the twelve months ending 31 March 2022 to increase by 4%-8% year-on-year, with double- digit volume growth in Zimbabwe and Rwanda. South Africa and Botswana cement experienced low single digit growth in cement sales as volumes normalised from a high base. Relative to the twelve months ended 31 March 2020 (Pre-COVID-19), Group cement sales are expected to increase by 11%-15%. The Group’s materials businesses also experienced a recovery in demand with year-on-year growth in sales volumes. SOUTH AFRICA & BOTSWANA CEMENT PPC expects cement sales volumes in South Africa & Botswana to increase by 0%-3% year-on-year for the twelve months ending 31 March 2022. The prior comparable period benefited from strong retail demand due to increased expenditure on home improvements. Relative to the twelve months ended 31 March 2020 (Pre-COVID-19), cement sales in South Africa & Botswana are expected to increase by 5%-9%. PPC South Africa and Botswana cement sales continue to benefit from demand growth in the rural and informal markets, albeit at a “normalised” rate following the post COVID-19 lockdown spike in demand. Industrial construction activity in the inland area shows pockets of demand growth from the construction of distribution centres and the increase in mining activity. PPC experienced an increase in cement sales in the coastal region with low single-digit year-on-year demand growth supported by a recovery in industrial construction demand. However, despite the improvement in demand, cement sales in the coastal region is still below the twelve months ended 31 March 2020 (Pre-COVID-19). PPC has yet to experience any meaningful uplift in cement sales from the government’s designation related to the use of locally produced cement on government projects. Except for some limited road construction and rehabilitation activity, there have been no large infrastructure projects. PPC is well-positioned to benefit from this potential boost in cement demand once the infrastructure programme gathers momentum. PPC can immediately make additional capacity available to capture an upswing in demand. PPC implemented price increases to offset input cost inflation with realised selling prices increasing by 4%-7% year-on-year for the twelve months ending 31 March 2022. Cement imports, mainly from Vietnam, increased by 11% year-on-year and currently exceeds pre-COVID-19 levels. PPC estimates that imports account for approximately 10% of RSA cement sales. In conjunction with the industry, PPC continues to engage with the relevant authorities for relief against unfair competition from imports, which threatens the financial sustainability of a vital component of the manufacturing and construction sector and erodes the industry's ability to maintain jobs. MATERIALS The readymix and aggregates businesses continue to experience a recovery in demand supported by a pick-up in construction activity in the regions in which they operate. For the twelve months ending 31 March 2022, PPC expects readymix volumes to increase by 5%-10% year- on-year, while aggregates volumes are expected to increase by 10%-14% year-on-year. Fly ash sales volumes are expected to decrease by 14%- 18% due to an unusually strong performance in the prior year due to lack of slag in the market. Overall, revenues for the materials division are expected to increase due to the increase in sales of readymix and aggregates. ZIMBABWE PPC Zimbabwe continues to trade well and ahead of expectations. For the twelve months ending 31 March 2022, PPC Zimbabwe’s cement sales volumes are expected to increase by 21%-25% year-on-year, benefiting from retail demand, increased sales to concrete product manufacturers, and support from Government-funded projects. Relative to the comparable period ended 31 March 2020 (Pre-COVID-19), cement sales volumes are expected to increase by 33%-36%. RWANDA CIMERWA experienced an upswing in cement sales in the last six months following the initiation of anticipated projects such as the construction of a new airport. For the twelve months ending 31 March 2022, CIMERWA expects cement sales volumes to increase by 18%-20% year-on-year due to cement demand for critical infrastructure and housing projects to realise an urbanisation target of 34% by 2024. Relative to the comparable period ended 31 March 2020 (Pre-COVID-19), cement sales volumes are expected to increase by 26%-30%. LIQUIDITY & CASH FLOW South Africa gross debt declined to R1.2 billion at 28 February 2022 (30 September 2021: R1.7 billion) due to a continued focus on cash generation and the proceeds from the sale of PPC Lime, and the Botswana aggregates business. OUTLOOK PPC is well-positioned to benefit from growing cement demand in the territories it operates. The Group remains focused on improving operational efficiencies to ensure financial sustainability through all demand cycles. PPC CAPITAL MARKETS DAY PPC is hosting a Capital Markets Day today at 10h00 (SA time) at the Vineyard Hotel in Cape Town. The event will be broadcast live via a webcast with live Q & A sessions. Further details can be accessed at the following links: Investor presentation: <a href="https://www.ppc.africa/investors-relations/reports/?t=presentations-" target="_blank">https://www.ppc.africa/investors-relations/reports/?t=presentations-</a> allocate Webcast: <a href="https://presentations.corpcam.com/RegistrationPage.aspx?id=PPC230320" target="_blank">https://presentations.corpcam.com/RegistrationPage.aspx?id=PPC230320</a> 22 CHANGES TO BOARD COMMITTEE In compliance with paragraph 3.59 of the JSE Listings Requirements, PPC wishes to advise its shareholders of the renaming of the Investment Committee to the Strategy and Investment Committee and the appointment of Mr R van Wijnen as a member of the Strategy and Investment Committee. The composition of the Strategy and Investment Committee will now be as follows: Mr C Naude Mr A Ball Mr B Moltke Hansen Ms K Maphisa Mr M Thompson Mr R van Wijnen Sandton 23 March 2022 Sponsor: Questco Corporate Advisory Proprietary Limited Financial Communications Advisor: Instinctif Partners Louise Fortuin Mobile: +27 71 605 4294 Date: 23-03-2022 07:05:00 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.

Dealing in securities by an associate of directors PPC Ltd (Incorporated in the Republic of South Africa) (Company registration number 1892/000667/06) JSE ISIN: ZAE000170049 JSE code: PPC ZSE code: PPC (“PPC” or “the Company”) DEALING IN SECURITIES BY AN ASSOCIATE OF DIRECTORS In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : Mr AC Ball Title : Non-Executive Director Director : Ms N Mkhondo Title : Non-Executive Director Company : PPC Limited Name of Associate : Value Capital Partners (Pty) Ltd* Date of transaction : 17 March 2022 Number of securities : 252 539 Nature of transaction : On-market acquisition of securities Class of securities : Ordinary shares Share price : R4.0274 Value of transaction : R1 017 075.57 Nature of interest : Indirect Beneficial Clearance to deal obtained : Yes * Mr AC Ball and Ms N Mkhondo have an indirect beneficial interest in Value Capital Partners (Pty) Ltd (“VCP”), which is the registered investment manager to Value Capital Partners H4 QI Hedge Fund and various other funds. Sandton 22 March 2022 Sponsor Questco Corporate Advisory Proprietary Limited Financial Communications Advisor: Instinctif Partners Louise Fortuin Mobile: +27 71 605 4294 Date: 22-03-2022 01:30:00 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.

Dealing in securities by an associate of directors and disclosure of beneficial interests in securities PPC Ltd (Incorporated in the Republic of South Africa) (Company registration number 1892/000667/06) JSE ISIN: ZAE000170049 JSE code: PPC ZSE code: PPC (“PPC” or “the Company”) DEALING IN SECURITIES BY AN ASSOCIATE OF DIRECTORS AND DISCLOSURE OF BENEFICIAL INTEREST IN SECURITIES In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : Mr AC Ball Title : Non-Executive Director Director : Ms N Mkhondo Title : Non-Executive Director Company : PPC Limited Name of Associate : Value Capital Partners (Pty) Ltd* Date of transaction : 19 January 2022 Number of securities : 30 200 000 Share price : R5.5000 Value of transaction : R166 100 000.00 Date of transaction : 20 January 2022 Number of securities : 8 222 045 Share price : R5.6735 Value of transaction : R46 647 772.31 Date of transaction : 21 January 2022 Number of securities : 514 089 Share price : R5.4039 Value of transaction : R2 778 085.55 Nature of transaction : On-market disposal of securities Class of securities : Ordinary shares Nature of interest : Indirect Beneficial Clearance to deal obtained : Yes * Mr AC Ball and Ms N Mkhondo have an indirect beneficial interest in Value Capital Partners (Pty) Ltd (“VCP”), which is the registered investment manager to Value Capital Partners H4 QI Hedge Fund and various other funds. BENEFICIAL INTEREST IN SECURITIES In terms of paragraph 3.83(b) of the JSE Listings Requirements and section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended, shareholders are advised that PPC has received formal notification that VCP has disposed of a beneficial interest in the ordinary shares of the Company, such that the total interest held in PPC now amounts to 13.75% of the total issued ordinary shares of the Company. TRANSACTION RATIONALE Through its various funds VCP has been a strategic investor in PPC since August 2017. Since that initial entry point, VCP has periodically taken advantage of the decline in the PPC share price to increase its shareholding. Following the rebound in the PPC share price in recent months, PPC has become a disproportionate share of VCP’s total portfolio. The above transaction forms part of a portfolio rebalancing to align VCP’s relative exposure in PPC with its overall target asset allocation. VCP will continue to be represented on the board of directors of PPC and its various sub-committees by Antony Ball and Nono Mkhondo, who will continue to provide support to PPC as it executes its strategy to unlock further value for shareholders. Sandton 25 January 2022 Sponsor Questco Corporate Advisory Proprietary Limited Financial Communications Advisor: Instinctif Partners Louise Fortuin Mobile: +27 71 605 4294 Date: 25-01-2022 07:55:00 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.

Disclosure of beneficial interest in securities PPC Ltd (Incorporated in the Republic of South Africa) (Company registration number 1892/000667/06) JSE ISIN: ZAE000170049 JSE code: PPC ZSE code: PPC (“PPC” or “the Company”) DISCLOSURE OF BENEFICIAL INTERESTS IN SECURITIES In terms of paragraph 3.83(b) of the JSE Listings Requirements and section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended, shareholders are advised that the Company has received formal notification that Public Investment Corporation SOC LIMITED acquired an interest in the ordinary shares of the Company, such that the total interest held in PPC now amounts to 10.249% (previously 5.37%) of the total issued ordinary shares of PPC. Sandton 24 January 2022 Sponsor Questco Corporate Advisory Proprietary Limited Financial Communications Advisor: Instinctif Partners Louise Fortuin Mobile: +27 71 605 4294 Date: 24-01-2022 04:00:00 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.

Dealing in securities by a director PPC Ltd (Incorporated in the Republic of South Africa) (Company registration number 1892/000667/06) JSE ISIN: ZAE000170049 JSE code: PPC ZSE code: PPC (“PPC” or “the Company”) DEALING IN SECURITIES BY A DIRECTOR In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : Mr R van Wijnen Title : Chief Executive Officer Date of transaction : 19 January 2022 Number of securities : 4 545 718 Nature of transaction : On-market sale of securities Class of securities : Ordinary shares Share price : R 5.50 Value of transaction : R 25 001 449 Nature of interest : Direct Beneficial Clearance to deal obtained : Yes Mr van Wijnen has been a shareholder of PPC since September 2019. The abovementioned transaction represents the sale of a portion of Mr van Wijnen’s interest in the Company in order to rebalance his investment portfolio. Post the transaction Mr van Wijnen will remain a shareholder in PPC holding 4 233 209 shares. Sandton 21 January 2022 Sponsor Questco Corporate Advisory Proprietary Limited Financial Communications Advisor: Instinctif Partners Louise Fortuin Mobile: +27 71 605 4294 Date: 21-01-2022 04:00:00 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.