Investor Information

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 Camissa Asset Management (Pty) Ltd, acquired an interest in the ordinary shares of the Company, such that the total interest held in PPC now amounts to 5.31% of the total issued ordinary shares of PPC. The board of PPC (“the Board”) accepts responsibility for the information contained in this announcement as it pertains to PPC. To the best of the Board's knowledge and belief, the information contained in this announcement as it pertains to PPC is true and nothing has been omitted which is likely to affect the importance of such information. Sandton 25 November 2022 Sponsor Questco Corporate Advisory Proprietary Limited Financial Communications Advisor: Instinctif Partners Louise Fortuin Mobile: +27 71 605 4294 Date: 25-11-2022 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.

Click below to view full PDF article https://senspdf.jse.co.za/documents/2022/jse/isse/ppc/PPC30Sep.pdf Group Results for the six months ended 30 September 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 GROUP RESULTS FOR THE SIX MONTHS ENDED SEPTEMBER 2022 SALIENT FEATURES - CONTINUING OPERATIONS GROUP RESULTS EXCLUDING PPC ZIMBABWE - Group revenue increased 9% to R4 248 million (September 2021: R3 893 million) - Group EBITDA margins declined to 13,7% (September 2021: 16,9%) - Profit before tax increased by 4% from R250 million to R259 million - Net debt for the SA and Botswana group improved by R140 million - EPS decreased from 8 cents to 5 cents - HEPS decreased from 10 cents to 4 cents PPC ZIMBABWE - Planned kiln shutdown reduced volumes by 13% despite robust cement demand - Hyperinflation materially impacted reported results - Contribution to revenue reduced to 17% (September 2021: 24%) - Dividends of US$4,4 million paid to the group - The group did not declare a dividend for the current or previous period COMMENTARY OVERVIEW Roland van Wijnen, CEO, said: "I am pleased that our strategic initiatives have enabled PPC to maintain its market-leading position in its core Southern African markets and continue to reduce debt, despite challenging and competitive trading conditions. We are in a strong financial position to weather the local economic cycle and are well placed to supply any increase in demand as the roll-out of the South African government's infrastructure development plans gain momentum. I thank our valued customers for their enduring support. I also thank all my colleagues for their hard work, commitment, and dedication." GROUP PERFORMANCE - CONTINUING OPERATIONS PPC delivered a sound performance under challenging operating conditions through continued focus on driving cost efficiencies and enhancing cash generation to deleverage. The sound group performance was however impacted by hyperinflation accounting, with the Zimbabwean dollar depreciating 72% against the rand since 31 March 2022 and distorting the consolidated results. While PPC Zimbabwe continued to generate good cash returns and US$4,4million in dividends were paid to the group during the period under review, analysing the results excluding PPC Zimbabwe is more meaningful due to the impact of hyperinflation accounting. The results below are shown both including and excluding the Zimbabwe operations. Excluding PPC Zimbabwe, revenue for the six months ended 30 September 2022, increased 9% to R4,248 million (September 2021: R3,893 million) supported by period-on-period price increases, while cement volumes were 1% down on the comparable period. Including the impact of PPC Zimbabwe, which contributes 17% (September 2021: 24%), group revenue decreased by 1% to R5,103 million (September 2021: R5,131 million). Excluding PPC Zimbabwe's cost of sales and administration and other operating expenditure for both periods, the cost increase amounts to 11,3%, which is below input cost inflation experienced in the current six-month period to 30 September 2022. Including PPC Zimbabwe, cost of sales and administration and other operating expenditure increased by 6,4% to R4,820 million (September 2021: R4 530 million). Group EBITDA, excluding PPC Zimbabwe, decreased by 12% toR580 million (September 2021: R658 million) and EBITDA margins declined to 13,7% (September 2021:16,9%) as higher energy costs and increased competition in PPC's core South African market compressed margins despite a strong performance in the Rwandan business. Group EBITDA, including PPC Zimbabwe, declined by 23% to R728 million (September 2021: R945 million). Fair value and foreign exchange movements resulted in a gain of R82 million (September 2021: R1 million loss), mainly due to the significant depreciation of the Zimbabwean dollar against the United States dollar, which resulted in foreign exchange gains on net monetary items. Finance costs decreased by 43% to R84 million (September 2021: R147 million), due to the continued successful de-gearing of the group and lower interest costs following the implementation of improved facility arrangements in South Africa in December 2021. During the current period, the group realised a net profit on the disposal of equity accounted investments of R23 million (September 2021: Nil) from the sale of Habesha. Profit from continuing operations before tax, but excluding PPC Zimbabwe, increased by 4% from R250 million to R259 million. When the impact of PPC Zimbabwe is included, which is inclusive of the net monetary loss of R206 million (30 September 2021: R440 million gain), the group profit from continuing operations before tax would have decreased from R981 million to R106 million. Taxation decreased to R84 million (September 2021: R201 million). The current period effective tax rate was negatively affected by a once-off de-recognition of a deferred tax asset in PPC Ltd and the impact of PPC Zimbabwe hyperinflation, resulting in an effective tax rate of 79% (September 2021: 20%). Earnings per share (EPS) and headline earnings per share (HEPS) decreased respectively from 53 cents to a loss of 3 cents and from 55 cents to a loss of 5 cents. This is primarily due to the reported EPS and HEPS numbers being impacted as follows: 1. Lower earnings generation in South Africa and Botswana cement and aggregates, readymix and ash segments and PPC Zimbabwe. 2. The full impact of the strong CIMERWA performance not flowing fully to EPS and HEPS given the operations are 51% held by PPC. 3. Hyperinflation accounting in terms of IAS29 for PPC Zimbabwe including a significant negative swing in the net monetary impact in the income statement from a positive R440 million in the prior period to a negative R206 million in the current period. Excluding PPC Zimbabwe, EPS decreased from 8 cents to 5 cents and HEPS decreased from 10 cents to 4 cents. Net cash inflow before financing activities remains positive at R319 million (September 2021: R502 million) as cash generation remains a priority. Group net debt declined to R677 million on 30 September 2022 (March 2022: R1 009 million) due to positive cash generation and strict capital allocation discipline. SOUTH AFRICA AND BOTSWANA CEMENT Increases in sales volumes in the coastal region, due to strong demand and a decrease in imports, were offset by difficult trading conditions in the inland region. This left cement sales volumes in South Africa and Botswana down 2,6% period-on-period for the six months ended September 2022. The coastal region continues to experience an upswing in cement due to a recovery in industrial construction activity and the resumption of postponed government projects. In addition, a decrease in cement imports into the Western Cape due to global supply chain constraints and a weaker rand positively impacted PPC's cement sales volumes to the retail segment. The inland region saw above-average seasonal rainfall at the beginning of FY23 and a subdued macroeconomic backdrop. This resulted in a decline in cement sales to both the retail and construction segments. In addition, the recent flooding in the KZN region lowered cement consumption in that region. As a result, cement destined for that market made its way to the inland region and thereby intensified the competitive pressures further in an already depressed market. The construction of distribution centres and housing estates supported cement sales to the industrial segment in the inland region. PPC estimates that cement and clinker imports decreased by 32% relative to the prior comparable period. Although this has provided a much-needed respite for the domestic producers, imports threaten the long-term sustainability of the South African cement industry as domestic cement production capacity exceeds current demand. PPC and other industry players continue to engage with the relevant authorities on the need to protect the industry from unfair competition. During the period under review, PPC increased selling prices by an average of 5% and saw a positive impact from changes in the product mix. It also continued to be successful with its cost-control efforts. However, this was insufficient to fully recoup the significantly higher fuel and energy costs keeping EBITDA margins under pressure. For the six months ended September 2022, PPC South Africa and Botswana cement revenue increased by 4% to R2,865 million (September 2021: R2,753 million), however EBITDA declined by 29% to R368 million (September 2021: R515 million) with a margin of 12,2%. Net debt for SA and Botswana declined from R1,075 million at 31 March 2022 to R935 million at 30 September 2022, a de-gearing of R140 million. AGGREGATES, READYMIX AND ASH For the six months ended 30 September 2022, the readymix businesses experienced increased demand and market share gains due to the exit of some competitors from the market. Readymix volumes increased by 5% period-on-period, while aggregates volumes decreased by 15% period-on-period. In addition, fly ash sales volumes declined by 27% period-on-period from a high base, as ash sales in the previous period benefited from a lack of alternative extenders such as slag. Overall revenue for the materials division increased by 2% to R612 million (September 2021: R600 million), due to the increase in sales of readymix. EBITDA reduced to a loss of R14 million (September 2021: R37 million profit). INTERNATIONAL Rwanda For the six months ended 30 September 2022, CIMERWA's cement sales volumes increased by 11% period-on-period. Increased demand from government-sponsored infrastructure projects and a resurgence in general building activity aided CIMERWA's domestic cement sales. In addition, cement exports benefited from sustained demand in the eastern Democratic Republic of Congo and the expansion of CIMERWA's route-to-market initiatives. Cement volumes also benefited from improved industrial performance and plant reliability. CIMERWA's efforts to enhance industrial performance and reliability are yielding tangible results. Revenue in rand for the six months ended 30 September 2022 increased by 43% to R771 million (September 2021: R539 million). EBITDA increased by 63% to R249 million (September 2021: R153 million) and EBITDA margin improved to 32,3% (September 2021: 28,4%). CIMERWA also de-geared and ended the period under review with cash holdings of R345 million. Zimbabwe Due to a planned kiln shutdown, required for maintenance, PPC Zimbabwe's cement sales volumes declined 13% period-on-period. However, following the resumption of clinker production at the end of May 2022, PPC Zimbabwe's cement sales volumes improved in the second quarter of FY23 relative to the first quarter of FY23 with a continued robust cement demand from residential construction and government-funded infrastructure projects. PPC Zimbabwe implemented US$ price increases of 5% in March 2022, 2% in April 2022 and a further 5% increase in August 2022 to recover input cost inflation. Further, PPC observed an increase in foreign currency availability in the Zimbabwean economy, with over 80% of cement sales occurring in foreign currency during the period under review. PPC received a $3,7 million dividend in December 2021 and an additional US$4,4 million in dividends in June 2022. Revenue decreased by 31% to R855 million (September 2021: R1,239 million) due to the impact of the planned kiln maintenance and the depreciation in the Zimbabwean dollar against the rand. EBITDA declined by 48% to R148 million (September 2021: R287 million) with a reduced EBITDA margin of 17,3% (September 2021: 23,2%). EBITDA and EBITDA margin were adversely impacted by the procurement of clinker from South Africa and Zambia as a way to offset the impact of the kiln shutdown during a high demand period. Imported clinker, including transport, is more expensive than PPC Zimbabwe's own clinker manufacturing costs. In addition, the shutdown of the kiln incurred once-off additional maintenance costs, which negatively impacted the EBITDA margin. As at 30 September 2022, PPC Zimbabwe held R253 million in hard currency cash. OUTLOOK In light of the current economic climate, the group will continue to improve cash generation and operational efficiencies in an effort to further strengthen its financial position and reduce the impact of rising input cost inflation. Without a significant increase in infrastructure spending and tangible action against imports, South Africa's cement demand is expected to remain subdued. PPC South Africa is well positioned to benefit from an increase in cement demand with additional capacity available to capture an upswing in demand without additional capital expenditure required. PPC Zimbabwe anticipates a further recovery for the balance of the financial year thereby restoring its profitability to historical levels and the outlook for CIMERWA remains positive. On behalf of the board PJ Moleketi R van Wijnen B Berlin Chairman Chief executive officer Chief financial officer Sandton 21 November 2022 SHORT FORM STATEMENT This short form announcement is the responsibility of the directors. It is only a summary of the information contained in the full announcement and does not contain full or complete details. Any investment decision should be based on the full announcement accessible from Monday, 21 November 2022, via the JSE link and also available on the Company's website at https://www.ppc.africa/investors-relations/reports/?t=interim A copy of the full announcement is also available for inspection at the company's registered office and may be requested from the Company Secretary Kevin Ross at (Kevin.Ross@ppc.co.za) at no charge, during office hours. A live and recorded video webcast of the results presentation will be held tomorrow at 10:00am (SAST) and can be accessed via this link: https://www.corpcam.com/PPC21112022 The JSE link is as follows: https://senspdf.jse.co.za/documents/2022/JSE/ISSE/PPC/PPC30Sep.pdf Registered office: 148 Katherine Street, Sandton, South Africa (PO Box 787416, Sandton, 2146, South Africa) DIRECTORS: PJ Moleketi (chair), R van Wijnen* (CEO), B Berlin (CFO), N Gobodo, BM Hansen**, K Maphisa, NL Mkhondo, CH Naude, D Smith, MR Thompson *Dutch **Danish Company secretary: KR Ross Sponsor: Questco Corporate Advisory (Pty) Ltd http://www.ppc.africa Date: 21-11-2022 01:10:00 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.

CANCELLATION OF S468618 Group Results of the six months ended 30 September 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 GROUP RESULTS FOR THE SIX MONTHS ENDED SEPTEMBER 2022 SALIENT FEATURES - CONTINUING OPERATIONS GROUP RESULTS EXCLUDING PPC ZIMBABWE - Group revenue increased 9% to R4 248 million (September 2021: R3 893 million) - Group EBITDA margins declined to 13,7% (September 2021: 16,9%) - Profit before tax increased by 4% from R250 million to R259 million - Net debt for the SA and Botswana group improved by R140 million - EPS decreased from 8 cents to 5 cents - HEPS decreased from 10 cents to 4 cents PPC ZIMBABWE - Planned kiln shutdown reduced volumes by 13% despite robust cement demand - Hyperinflation materially impacted reported results - Contribution to revenue reduced to 17% (September 2021: 24%) - Dividends of US$4,4 million paid to the group - The group did not declare a dividend for the current or previous period COMMENTARY OVERVIEW Roland van Wijnen, CEO, said: "I am pleased that our strategic initiatives have enabled PPC to maintain its market-leading position in its core Southern African markets and continue to reduce debt, despite challenging and competitive trading conditions. We are in a strong financial position to weather the local economic cycle and are well placed to supply any increase in demand as the roll-out of the South African government's infrastructure development plans gain momentum. I thank our valued customers for their enduring support. I also thank all my colleagues for their hard work, commitment, and dedication." GROUP PERFORMANCE - CONTINUING OPERATIONS PPC delivered a sound performance under challenging operating conditions through continued focus on driving cost efficiencies and enhancing cash generation to deleverage. The sound group performance was however impacted by hyperinflation accounting, with the Zimbabwean dollar depreciating 72% against the rand since 31 March 2022 and distorting the consolidated results. While PPC Zimbabwe continued to generate good cash returns and US$4,4million in dividends were paid to the group during the period under review, analysing the results excluding PPC Zimbabwe is more meaningful due to the impact of hyperinflation accounting. The results below are shown both including and excluding the Zimbabwe operations. Excluding PPC Zimbabwe, revenue for the six months ended 30 September 2022, increased 9% to R4,248 million (September 2021: R3,893 million) supported by period-on-period price increases, while cement volumes were 1% down on the comparable period. Including the impact of PPC Zimbabwe, which contributes 17% (September 2021: 24%), group revenue decreased by 1% to R5,103 million (September 2021: R5,131 million). Excluding PPC Zimbabwe's cost of sales and administration and other operating expenditure for both periods, the cost increase amounts to 11,3%, which is below input cost inflation experienced in the current six-month period to 30 September 2022. Including PPC Zimbabwe, cost of sales and administration and other operating expenditure increased by 6,4% to R4,820 million (September 2021: R4 530 million). Group EBITDA, excluding PPC Zimbabwe, decreased by 12% toR580 million (September 2021: R658 million) and EBITDA margins declined to 13,7% (September 2021:16,9%) as higher energy costs and increased competition in PPC's core South African market compressed margins despite a strong performance in the Rwandan business. Group EBITDA, including PPC Zimbabwe, declined by 23% to R728 million (September 2021: R945 million). Fair value and foreign exchange movements resulted in a gain of R82 million (September 2021: R1 million loss), mainly due to the significant depreciation of the Zimbabwean dollar against the United States dollar, which resulted in foreign exchange gains on net monetary items. Finance costs decreased by 43% to R84 million (September 2021: R147 million), due to the continued successful de-gearing of the group and lower interest costs following the implementation of improved facility arrangements in South Africa in December 2021. During the current period, the group realised a net profit on the disposal of equity accounted investments of R23 million (September 2021: Nil) from the sale of Habesha. Profit from continuing operations before tax, but excluding PPC Zimbabwe, increased by 4% from R250 million to R259 million. When the impact of PPC Zimbabwe is included, which is inclusive of the net monetary loss of R206 million (30 September 2021: R440 million gain), the group profit from continuing operations before tax would have decreased from R981 million to R106 million. Taxation decreased to R84 million (September 2021: R201 million). The current period effective tax rate was negatively affected by a once-off de-recognition of a deferred tax asset in PPC Ltd and the impact of PPC Zimbabwe hyperinflation, resulting in an effective tax rate of 79% (September 2021: 20%). Earnings per share (EPS) and headline earnings per share (HEPS) decreased respectively from 53 cents to a loss of 3 cents and from 55 cents to a loss of 5 cents. This is primarily due to the reported EPS and HEPS numbers being impacted as follows: 1. Lower earnings generation in South Africa and Botswana cement and aggregates, readymix and ash segments and PPC Zimbabwe. 2. The full impact of the strong CIMERWA performance not flowing fully to EPS and HEPS given the operations are 51% held by PPC. 3. Hyperinflation accounting in terms of IAS29 for PPC Zimbabwe including a significant negative swing in the net monetary impact in the income statement from a positive R440 million in the prior period to a negative R206 million in the current period. Excluding PPC Zimbabwe, EPS decreased from 8 cents to 5 cents and HEPS decreased from 10 cents to 4 cents. Net cash inflow before financing activities remains positive at R319 million (September 2021: R502 million) as cash generation remains a priority. Group net debt declined to R677 million on 30 September 2022 (March 2022: R1 009 million) due to positive cash generation and strict capital allocation discipline. SOUTH AFRICA AND BOTSWANA CEMENT Increases in sales volumes in the coastal region, due to strong demand and a decrease in imports, were offset by difficult trading conditions in the inland region. This left cement sales volumes in South Africa and Botswana down 2,6% period-on-period for the six months ended September 2022. The coastal region continues to experience an upswing in cement due to a recovery in industrial construction activity and the resumption of postponed government projects. In addition, a decrease in cement imports into the Western Cape due to global supply chain constraints and a weaker rand positively impacted PPC's cement sales volumes to the retail segment. The inland region saw above-average seasonal rainfall at the beginning of FY23 and a subdued macroeconomic backdrop. This resulted in a decline in cement sales to both the retail and construction segments. In addition, the recent flooding in the KZN region lowered cement consumption in that region. As a result, cement destined for that market made its way to the inland region and thereby intensified the competitive pressures further in an already depressed market. The construction of distribution centres and housing estates supported cement sales to the industrial segment in the inland region. PPC estimates that cement and clinker imports decreased by 32% relative to the prior comparable period. Although this has provided a much-needed respite for the domestic producers, imports threaten the long-term sustainability of the South African cement industry as domestic cement production capacity exceeds current demand. PPC and other industry players continue to engage with the relevant authorities on the need to protect the industry from unfair competition. During the period under review, PPC increased selling prices by an average of 5% and saw a positive impact from changes in the product mix. It also continued to be successful with its cost-control efforts. However, this was insufficient to fully recoup the significantly higher fuel and energy costs keeping EBITDA margins under pressure. For the six months ended September 2022, PPC South Africa and Botswana cement revenue increased by 4% to R2,865 million (September 2021: R2,753 million), however EBITDA declined by 29% to R368 million (September 2021: R515 million) with a margin of 12,2%. Net debt for SA and Botswana declined from R1,075 million at 31 March 2022 to R935 million at 30 September 2022, a de-gearing of R140 million. AGGREGATES, READYMIX AND ASH For the six months ended 30 September 2022, the readymix businesses experienced increased demand and market share gains due to the exit of some competitors from the market. Readymix volumes increased by 5% period-on-period, while aggregates volumes decreased by 15% period-on-period. In addition, fly ash sales volumes declined by 27% period-on-period from a high base, as ash sales in the previous period benefited from a lack of alternative extenders such as slag. Overall revenue for the materials division increased by 2% to R612 million (September 2021: R600 million), due to the increase in sales of readymix. EBITDA reduced to a loss of R14 million (September 2021: R37 million profit). INTERNATIONAL Rwanda For the six months ended 30 September 2022, CIMERWA's cement sales volumes increased by 11% period-on-period. Increased demand from government-sponsored infrastructure projects and a resurgence in general building activity aided CIMERWA's domestic cement sales. In addition, cement exports benefited from sustained demand in the eastern Democratic Republic of Congo and the expansion of CIMERWA's route-to-market initiatives. Cement volumes also benefited from improved industrial performance and plant reliability. CIMERWA's efforts to enhance industrial performance and reliability are yielding tangible results. Revenue in rand for the six months ended 30 September 2022 increased by 43% to R771 million (September 2021: R539 million). EBITDA increased by 63% to R249 million (September 2021: R153 million) and EBITDA margin improved to 32,3% (September 2021: 28,4%). CIMERWA also de-geared and ended the period under review with cash holdings of R345 million. Zimbabwe Due to a planned kiln shutdown, required for maintenance, PPC Zimbabwe's cement sales volumes declined 13% period-on-period. However, following the resumption of clinker production at the end of May 2022, PPC Zimbabwe's cement sales volumes improved in the second quarter of FY23 relative to the first quarter of FY23 with a continued robust cement demand from residential construction and government-funded infrastructure projects. PPC Zimbabwe implemented US$ price increases of 5% in March 2022, 2% in April 2022 and a further 5% increase in August 2022 to recover input cost inflation. Further, PPC observed an increase in foreign currency availability in the Zimbabwean economy, with over 80% of cement sales occurring in foreign currency during the period under review. PPC received a $3,7 million dividend in December 2021 and an additional US$4,4 million in dividends in June 2022. Revenue decreased by 31% to R855 million (September 2021: R1,239 million) due to the impact of the planned kiln maintenance and the depreciation in the Zimbabwean dollar against the rand. EBITDA declined by 48% to R148 million (September 2021: R287 million) with a reduced EBITDA margin of 17,3% (September 2021: 23,2%). EBITDA and EBITDA margin were adversely impacted by the procurement of clinker from South Africa and Zambia as a way to offset the impact of the kiln shutdown during a high demand period. Imported clinker, including transport, is more expensive than PPC Zimbabwe's own clinker manufacturing costs. In addition, the shutdown of the kiln incurred once-off additional maintenance costs, which negatively impacted the EBITDA margin. As at 30 September 2022, PPC Zimbabwe held R253 million in hard currency cash. OUTLOOK In light of the current economic climate, the group will continue to improve cash generation and operational efficiencies in an effort to further strengthen its financial position and reduce the impact of rising input cost inflation. Without a significant increase in infrastructure spending and tangible action against imports, South Africa's cement demand is expected to remain subdued. PPC South Africa is well positioned to benefit from an increase in cement demand with additional capacity available to capture an upswing in demand without additional capital expenditure required. PPC Zimbabwe anticipates a further recovery for the balance of the financial year thereby restoring its profitability to historical levels and the outlook for CIMERWA remains positive. On behalf of the board PJ Moleketi R van Wijnen B Berlin Chairman Chief executive officer Chief financial officer Sandton 21 November 2022 SHORT FORM STATEMENT This short form announcement is the responsibility of the directors. It is only a summary of the information contained in the full announcement and does not contain full or complete details. Any investment decision should be based on the full announcement accessible from Monday, 21 November 2022, via the JSE link and also available on the Company's website at https://www.ppc.africa/investors-relations/reports/?t=interim A copy of the full announcement is also available for inspection at the company's registered office and may be requested from the Company Secretary Kevin Ross at (Kevin.Ross@ppc.co.za) at no charge, during office hours. A live and recorded video webcast of the results presentation will be held tomorrow at 10:00am (SAST) and can be accessed via this link: https://www.corpcam.com/PPC21112022 The JSE link is as follows: https://senspdf.jse.co.za/documents/2022/JSE/ISSE/PPC/PPC30Sep.pdf Registered office: 148 Katherine Street, Sandton, South Africa (PO Box 787416, Sandton, 2146, South Africa) DIRECTORS: PJ Moleketi (chair), R van Wijnen* (CEO), B Berlin (CFO), N Gobodo, BM Hansen**, K Maphisa, NL Mkhondo, CH Naude, D Smith, MR Thompson *Dutch **Danish Company secretary: KR Ross Sponsor: Questco Corporate Advisory (Pty) Ltd http://www.ppc.africa Date: 21-11-2022 01:09:59 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.

Click below to view full PDF article https://senspdf.jse.co.za/documents/2022/jse/isse/ppc/PPC30Sep.pdf Group Results of the six months ended 30 September 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 GROUP RESULTS FOR THE SIX MONTHS ENDED SEPTEMBER 2022 SALIENT FEATURES - CONTINUING OPERATIONS GROUP RESULTS EXCLUDING PPC ZIMBABWE - Group revenue increased 9% to R4 248 million (September 2021: R3 893 million) - Group EBITDA margins declined to 13,7% (September 2021: 16,9%) - Profit before tax increased by 4% from R250 million to R259 million - Net debt for the SA and Botswana group improved by R140 million - EPS decreased from 8 cents to 5 cents - HEPS decreased from 10 cents to 4 cents PPC ZIMBABWE - Planned kiln shutdown reduced volumes by 13% despite robust cement demand - Hyperinflation materially impacted reported results - Contribution to revenue reduced to 17% (September 2021: 24%) - Dividends of US$4,4 million paid to the group - The group did not declare a dividend for the current or previous period COMMENTARY OVERVIEW Roland van Wijnen, CEO, said: "I am pleased that our strategic initiatives have enabled PPC to maintain its market-leading position in its core Southern African markets and continue to reduce debt, despite challenging and competitive trading conditions. We are in a strong financial position to weather the local economic cycle and are well placed to supply any increase in demand as the roll-out of the South African government's infrastructure development plans gain momentum. I thank our valued customers for their enduring support. I also thank all my colleagues for their hard work, commitment, and dedication." GROUP PERFORMANCE - CONTINUING OPERATIONS PPC delivered a sound performance under challenging operating conditions through continued focus on driving cost efficiencies and enhancing cash generation to deleverage. The sound group performance was however impacted by hyperinflation accounting, with the Zimbabwean dollar depreciating 72% against the rand since 31 March 2022 and distorting the consolidated results. While PPC Zimbabwe continued to generate good cash returns and US$4,4million in dividends were paid to the group during the period under review, analysing the results excluding PPC Zimbabwe is more meaningful due to the impact of hyperinflation accounting. The results below are shown both including and excluding the Zimbabwe operations. Excluding PPC Zimbabwe, revenue for the six months ended 30 September 2022, increased 9% to R4,248 million (September 2021: R3,893 million) supported by period-on-period price increases, while cement volumes were 1% down on the comparable period. Including the impact of PPC Zimbabwe, which contributes 17% (September 2021: 24%), group revenue decreased by 1% to R5,103 million (September 2021: R5,131 million). Excluding PPC Zimbabwe's cost of sales and administration and other operating expenditure for both periods, the cost increase amounts to 11,3%, which is below input cost inflation experienced in the current six-month period to 30 September 2022. Including PPC Zimbabwe, cost of sales and administration and other operating expenditure increased by 6,4% to R4,820 million (September 2021: R4 530 million). Group EBITDA, excluding PPC Zimbabwe, decreased by 12% toR580 million (September 2021: R658 million) and EBITDA margins declined to 13,7% (September 2021:16,9%) as higher energy costs and increased competition in PPC's core South African market compressed margins despite a strong performance in the Rwandan business. Group EBITDA, including PPC Zimbabwe, declined by 23% to R728 million (September 2021: R945 million). Fair value and foreign exchange movements resulted in a gain of R82 million (September 2021: R1 million loss), mainly due to the significant depreciation of the Zimbabwean dollar against the United States dollar, which resulted in foreign exchange gains on net monetary items. Finance costs decreased by 43% to R84 million (September 2021: R147 million), due to the continued successful de-gearing of the group and lower interest costs following the implementation of improved facility arrangements in South Africa in December 2021. During the current period, the group realised a net profit on the disposal of equity accounted investments of R23 million (September 2021: Nil) from the sale of Habesha. Profit from continuing operations before tax, but excluding PPC Zimbabwe, increased by 4% from R250 million to R259 million. When the impact of PPC Zimbabwe is included, which is inclusive of the net monetary loss of R206 million (30 September 2021: R440 million gain), the group profit from continuing operations before tax would have decreased from R981 million to R106 million. Taxation decreased to R84 million (September 2021: R201 million). The current period effective tax rate was negatively affected by a once-off de-recognition of a deferred tax asset in PPC Ltd and the impact of PPC Zimbabwe hyperinflation, resulting in an effective tax rate of 79% (September 2021: 20%). Earnings per share (EPS) and headline earnings per share (HEPS) decreased respectively from 53 cents to a loss of 3 cents and from 55 cents to a loss of 5 cents. This is primarily due to the reported EPS and HEPS numbers being impacted as follows: 1. Lower earnings generation in South Africa and Botswana cement and aggregates, readymix and ash segments and PPC Zimbabwe. 2. The full impact of the strong CIMERWA performance not flowing fully to EPS and HEPS given the operations are 51% held by PPC. 3. Hyperinflation accounting in terms of IAS29 for PPC Zimbabwe including a significant negative swing in the net monetary impact in the income statement from a positive R440 million in the prior period to a negative R206 million in the current period. Excluding PPC Zimbabwe, EPS decreased from 8 cents to 5 cents and HEPS decreased from 10 cents to 4 cents. Net cash inflow before financing activities remains positive at R319 million (September 2021: R502 million) as cash generation remains a priority. Group net debt declined to R677 million on 30 September 2022 (March 2022: R1 009 million) due to positive cash generation and strict capital allocation discipline. SOUTH AFRICA AND BOTSWANA CEMENT Increases in sales volumes in the coastal region, due to strong demand and a decrease in imports, were offset by difficult trading conditions in the inland region. This left cement sales volumes in South Africa and Botswana down 2,6% period-on-period for the six months ended September 2022. The coastal region continues to experience an upswing in cement due to a recovery in industrial construction activity and the resumption of postponed government projects. In addition, a decrease in cement imports into the Western Cape due to global supply chain constraints and a weaker rand positively impacted PPC's cement sales volumes to the retail segment. The inland region saw above-average seasonal rainfall at the beginning of FY23 and a subdued macroeconomic backdrop. This resulted in a decline in cement sales to both the retail and construction segments. In addition, the recent flooding in the KZN region lowered cement consumption in that region. As a result, cement destined for that market made its way to the inland region and thereby intensified the competitive pressures further in an already depressed market. The construction of distribution centres and housing estates supported cement sales to the industrial segment in the inland region. PPC estimates that cement and clinker imports decreased by 32% relative to the prior comparable period. Although this has provided a much-needed respite for the domestic producers, imports threaten the long-term sustainability of the South African cement industry as domestic cement production capacity exceeds current demand. PPC and other industry players continue to engage with the relevant authorities on the need to protect the industry from unfair competition. During the period under review, PPC increased selling prices by an average of 5% and saw a positive impact from changes in the product mix. It also continued to be successful with its cost-control efforts. However, this was insufficient to fully recoup the significantly higher fuel and energy costs keeping EBITDA margins under pressure. For the six months ended September 2022, PPC South Africa and Botswana cement revenue increased by 4% to R2,865 million (September 2021: R2,753 million), however EBITDA declined by 29% to R368 million (September 2021: R515 million) with a margin of 12,2%. Net debt for SA and Botswana declined from R1,075 million at 31 March 2022 to R935 million at 30 September 2022, a de-gearing of R140 million. AGGREGATES, READYMIX AND ASH For the six months ended 30 September 2022, the readymix businesses experienced increased demand and market share gains due to the exit of some competitors from the market. Readymix volumes increased by 5% period-on-period, while aggregates volumes decreased by 15% period-on-period. In addition, fly ash sales volumes declined by 27% period-on-period from a high base, as ash sales in the previous period benefited from a lack of alternative extenders such as slag. Overall revenue for the materials division increased by 2% to R612 million (September 2021: R600 million), due to the increase in sales of readymix. EBITDA reduced to a loss of R14 million (September 2021: R37 million profit). INTERNATIONAL Rwanda For the six months ended 30 September 2022, CIMERWA's cement sales volumes increased by 11% period-on-period. Increased demand from government-sponsored infrastructure projects and a resurgence in general building activity aided CIMERWA's domestic cement sales. In addition, cement exports benefited from sustained demand in the eastern Democratic Republic of Congo and the expansion of CIMERWA's route-to-market initiatives. Cement volumes also benefited from improved industrial performance and plant reliability. CIMERWA's efforts to enhance industrial performance and reliability are yielding tangible results. Revenue in rand for the six months ended 30 September 2022 increased by 43% to R771 million (September 2021: R539 million). EBITDA increased by 63% to R249 million (September 2021: R153 million) and EBITDA margin improved to 32,3% (September 2021: 28,4%). CIMERWA also de-geared and ended the period under review with cash holdings of R345 million. Zimbabwe Due to a planned kiln shutdown, required for maintenance, PPC Zimbabwe's cement sales volumes declined 13% period-on-period. However, following the resumption of clinker production at the end of May 2022, PPC Zimbabwe's cement sales volumes improved in the second quarter of FY23 relative to the first quarter of FY23 with a continued robust cement demand from residential construction and government-funded infrastructure projects. PPC Zimbabwe implemented US$ price increases of 5% in March 2022, 2% in April 2022 and a further 5% increase in August 2022 to recover input cost inflation. Further, PPC observed an increase in foreign currency availability in the Zimbabwean economy, with over 80% of cement sales occurring in foreign currency during the period under review. PPC received a $3,7 million dividend in December 2021 and an additional US$4,4 million in dividends in June 2022. Revenue decreased by 31% to R855 million (September 2021: R1,239 million) due to the impact of the planned kiln maintenance and the depreciation in the Zimbabwean dollar against the rand. EBITDA declined by 48% to R148 million (September 2021: R287 million) with a reduced EBITDA margin of 17,3% (September 2021: 23,2%). EBITDA and EBITDA margin were adversely impacted by the procurement of clinker from South Africa and Zambia as a way to offset the impact of the kiln shutdown during a high demand period. Imported clinker, including transport, is more expensive than PPC Zimbabwe's own clinker manufacturing costs. In addition, the shutdown of the kiln incurred once-off additional maintenance costs, which negatively impacted the EBITDA margin. As at 30 September 2022, PPC Zimbabwe held R253 million in hard currency cash. OUTLOOK In light of the current economic climate, the group will continue to improve cash generation and operational efficiencies in an effort to further strengthen its financial position and reduce the impact of rising input cost inflation. Without a significant increase in infrastructure spending and tangible action against imports, South Africa's cement demand is expected to remain subdued. PPC South Africa is well positioned to benefit from an increase in cement demand with additional capacity available to capture an upswing in demand without additional capital expenditure required. PPC Zimbabwe anticipates a further recovery for the balance of the financial year thereby restoring its profitability to historical levels and the outlook for CIMERWA remains positive. On behalf of the board PJ Moleketi R van Wijnen B Berlin Chairman Chief executive officer Chief financial officer Sandton 21 November 2022 SHORT FORM STATEMENT This short form announcement is the responsibility of the directors. It is only a summary of the information contained in the full announcement and does not contain full or complete details. Any investment decision should be based on the full announcement accessible from Monday, 21 November 2022, via the JSE link and also available on the Company's website at https://www.ppc.africa/investors-relations/reports/?t=interim A copy of the full announcement is also available for inspection at the company's registered office and may be requested from the Company Secretary Kevin Ross at (Kevin.Ross@ppc.co.za) at no charge, during office hours. A live and recorded video webcast of the results presentation will be held tomorrow at 10:00am (SAST) and can be accessed via this link: https://www.corpcam.com/PPC21112022 The JSE link is as follows: https://senspdf.jse.co.za/documents/2022/JSE/ISSE/PPC/PPC30Sep.pdf Registered office: 148 Katherine Street, Sandton, South Africa (PO Box 787416, Sandton, 2146, South Africa) DIRECTORS: PJ Moleketi (chair), R van Wijnen* (CEO), B Berlin (CFO), N Gobodo, BM Hansen**, K Maphisa, NL Mkhondo, CH Naude, D Smith, MR Thompson *Dutch **Danish Company secretary: KR Ross Sponsor: Questco Corporate Advisory (Pty) Ltd http://www.ppc.africa Date: 21-11-2022 07:30:00 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.

Trading Statement and Operation Update for the six months ended 30 September 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 “company” or “group”) TRADING STATEMENT AND OPERATIONAL UPDATE FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2022 PPC is currently finalising its results for the six months ended 30 September 2022 (“the current period”). Roland van Wijnen, chief executive officer of PPC provides the following context: “The PPC group continues to deliver sound cash generation and deleverage the balance sheet despite difficult trading conditions in its core South African and Botswana cement market, offset by positive trading conditions in its Zimbabwe and Rwanda (CIMERWA) operations. To maintain volumes in the South African and Botswana cement markets, sales price increases were limited to 5% in the period under review. Key input costs, especially those related to fuel and energy, increased at double-digits in percentage terms. Whilst various cost mitigation initiatives are underway, these actions take time to implement, and for the period under review were not able to fully offset cost increases, resulting in EBITDA margin compression. CIMERWA delivered strong results based on continuous operational improvements and solid market dynamics. We remain focused on mitigating inflationary cost pressures as much as possible and being prudent in our capital allocation in this business. As expected, PPC Zimbabwe’s financial performance was negatively impacted by a planned kiln shut down during the first quarter but has since recovered and is experiencing robust demand while the business maintains its ability to repatriate dividends. Hyperinflation in Zimbabwe skews the group’s results and analysing the group excluding Zimbabwe is therefore more meaningful. Looking forward, we are encouraged by the recent announcements by SANRAL to award large construction projects in South Africa as well as the comments on increased infrastructure spending made in the recent mid-term budget speech of the South African Minister of Finance. PPC is well positioned to benefit from increased cement demand to support the much-needed construction work across South Africa.” South Africa and Botswana Cement Increases in sales volumes in the coastal region due to stronger demand and a decrease in imports were offset by difficult trading conditions in the inland region leaving cement sales volumes slightly down overall by 2.6%. Revenues increased by 4% assisted by price increases and product mix. Despite cost control efforts, margin levels remained under pressure due to significantly higher fuel and energy costs and decreased from 18.7% to 12.2%. EBITDA decreased from R515 million to R368 million (28.5%) for the current period. Cash generation remained robust with net debt reducing by R140 million during the current period to R935 million. CIMERWA CIMERWA’s volumes increased by 11% and EBITDA increased by 63% to R249 million (September 2021: R153 million), with margins improving period-on-period from 28.4% to 32.3%. CIMERWA also de-geared and ended the current period with cash holdings of R345 million. PPC Zimbabwe Despite robust cement demand from residential construction and government-funded infrastructure projects, PPC Zimbabwe’s volumes declined period-on-period by 13% due to the planned kiln shut- down in the first quarter and margins were negatively affected by the use of imported clinker primarily from PPC South Africa and increased maintenance costs. Volumes, compared to the first quarter, increased during the second quarter of the current period. The reported numbers are materially impacted by hyperinflation accounting with reported EBITDA declining 48% to R148 million (September 2021: R287 million), with margins reducing from 23.2% to 17.3%. PPC observed an increase in foreign currency availability in the Zimbabwe economy and PPC Zimbabwe paid a dividend of US$4.4 million to PPC in June 2022. PPC Zimbabwe ended the current period with R253 million in hard currency cash. Group The impact of the above-mentioned factors on the group’s operations resulted in group EBITDA declining by 23% to R728 million (September 2021: R945 million). Excluding PPC Zimbabwe, with its related hyperinflation accounting adjustments, EBITDA decreased by 12% compared to the six months ended September 2021. The net debt of the group continued to improve, with group net debt reducing to R677 million on 30 September 2022 (March 2022: R1 009 million). Shareholders are advised that PPC is satisfied that a reasonable degree of certainty exists that the expected earnings per share (“EPS”) and headline earning per share (“HEPS”) for the current period will differ by at least 20% from that for the previous corresponding period, being the six months ended 30 September 2021 ("the prior period") and that a trading statement is required in terms of the JSE Limited Listing Requirements. This is primarily due to the reported EPS and HEPS numbers being impacted as follows: 1. Lower earnings generation in South Africa and Botswana cement and aggregates, readymix and ash segments and PPC Zimbabwe. 2. The full impact of the positive impact of the strong CIMERWA performance not flowing fully to EPS and HEPS given the operations are 51% held by PPC. 3. Hyperinflation accounting in terms of IAS29 for PPC Zimbabwe including a significant negative swing in the net monetary impact in the income statement from a positive R440 million in the prior period to a negative R206 million in the current period. 4. The impact of discontinued operations which resulted in a R153 million positive contribution in the prior period and a R107 million negative contribution in the current period. The group accounted for its PPC Lime, Botswana Aggregates and PPC Barnet DRC businesses as discontinued operations in the prior period while in the current period, PPC Barnet DRC was accounted for as a discontinued operation up to 29 April 2022 after which it was accounted for as an investment in an associate. EPS for the group, including discontinued operations, for the current period is expected to be a loss of between 7 cents and 11 cents per share, compared to the 61 cents per share profit for the prior period. Headline loss per share for the current period for the group is expected to be between 4 cents per share and 8 cents per share, compared to the 42 cents per share profit for the prior period. The following EPS and HEPS for continuing operations are expected Current period Prior period Current period Prior period Expectation range Actual Expectation range Actual Including PPC Zimbabwe Excluding PPC Zimbabwe 1 EPS (cents) (1) to (5) 53 3 to 7 8 HEPS (cents) 1 (3) to (7) 55 2 to 6 10 1 brackets denote expected losses per share 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. Full details of the groups’ performance will be contained in the group’s unaudited interim financial statements for the six months ended 30 September 2022, which are expected to be released on or about 21 November 2022. Outlook In light of the current economic climate, the group will continue to improve cash generation and enhance operational efficiencies in an effort to further strengthen its financial position and reduce the impact of rising input cost inflation. Without a significant increase in infrastructure investments, cement demand in South Africa is anticipated to remain subdued. PPC South Africa is well positioned to benefit from an increase in cement demand with additional capacity available to capture an upswing in demand without additional capital expenditure required. PPC Zimbabwe anticipates a recovery for the balance of the financial year and the outlook for CIMERWA remains positive. Sandton 16 November 2022 Sponsor Questco Corporate Advisory Proprietary Limited Financial Communications Advisor: Instinctif Partners Louise Fortuin Mobile: +27 71 605 4294 Date: 16-11-2022 07:30:00 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.

Vesting of shares in terms of Forfeitable Share Plan 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”) VESTING OF FORFEITABLE SHARES TO CHIEF EXECUTIVE OFFICER : FORFEITABLE SHARE PLAN 2011, AS AMENDED The following information is disclosed in respect of the vesting of PPC ordinary shares (“PPC Shares”) to the Chief Executive Officer of the Company in terms of the Company’s Forfeitable Share Plan 2011, as amended (“Forfeitable Share Plan”). Name of Director: Roland Corstiaan van Wijnen Designation: Chief Executive officer Nature of transaction: Vesting of PPC Shares in terms of Forfeitable Share Plan Nature of trade: Off-market Inception date: 1 October 2019 Vesting date: 1 October 2022 Number of PPC Shares: 1 311 715 Price per PPC Share on vesting date: R2.28 Total Value: R2 990 710.20 Nature of interest: Direct beneficial Clearance obtained: Not applicable In terms of the Forfeitable Share Plan and as announced on SENS on 17 February 2020, 1 311 715 forfeitable PPC Shares were awarded to Mr Roland van Wijnen as a sign-on award, subject to the vesting condition that he would remain in the continuous employment of PPC during the three year vesting period, which commenced on his date of employment by the Group on 1 October 2019. The vesting condition having been met, the PPC Shares will vest in terms of the Rules of the Forfeitable Share Plan and the terms of the award, on 1 October 2022 and no clearance to trade in respect of the vesting is required. Sandton 30 September 2022 Sponsor Questco Corporate Advisory Proprietary Limited Financial Communications Advisor: Instinctif Partners Louise Fortuin Mobile: +27 71 605 4294 Date: 30-09-2022 05:24:00 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 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 “Company”) DISCLOSURE OF BENEFICIAL INTERESTS IN SECURITIES In accordance with paragraph 3.83(b) of the Listings Requirements of the JSE Limited and section 122(3)(b) of the Companies Act 71 of 2008 (“the Act”), shareholders are advised of the following: In terms of section 122(1)(b) of the Act shareholders are advised that the Company has received formal notification that Sanlam Investment Management Proprietary Limited, acting on behalf of its clients, has disposed of an interest in the ordinary shares of the Company, such that the total interest held in PPC now amounts to 4.92% (previously 5.03%) of the total issued ordinary shares of PPC. The board of PPC (“the Board”) accepts responsibility for the information contained in this announcement as it pertains to PPC. To the best of the Board's knowledge and belief, the information contained in this announcement as it pertains to PPC is true and nothing has been omitted which is likely to affect the importance of such information. Sandton 21 September 2022 Sponsor Questco Corporate Advisory Proprietary Limited Financial Communications Advisor: Instinctif Partners Louise Fortuin Mobile: +27 71 605 4294 Date: 21-09-2022 03:30:00 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.

Operating Update for the five months ended 31 August 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 “company” or “group”) OPERATING UPDATE FOR THE FIVE MONTHS ENDED 31 AUGUST 2022 GROUP PERFORMANCE For the five months ended August 2022, PPC's group revenues, excluding Zimbabwe, which is impacted by hyperinflation accounting, increased by 9%, driven by robust demand in Rwanda. Group cement sales volumes (including Zimbabwe) for the five months ended August 2022 were in- line with the previous comparable period as subdued demand in South Africa and the impact of a maintenance-related kiln shutdown in Zimbabwe were offset by robust demand growth in Rwanda. In addition, cash generation remains positive and the group reduced net debt from 31 March 2022 levels. SOUTH AFRICA & BOTSWANA CEMENT Cement sales volumes in South Africa and Botswana decreased by 1% period-on-period for the five months ended August 2022. Cement sales volumes in the inland region decreased after experiencing a slow start to FY23, offsetting the high single-digit demand growth in the coastal areas. Inland cement sales volumes were negatively impacted by above- average seasonal rainfall and sluggish retail demand at the beginning of FY23, which was partially offset by increased sales to the industrial and construction sectors. Cement sales volumes in the coastal region increased due to a decline in imports in the Western Cape, a recovery in industrial construction activity and the resumption of postponed government projects. The average selling price increased by 5% during the period under review. This was insufficient to fully offset the impact of input cost inflation as the cash cost of sales increased by low double-digits in percentage terms. PPC will continue its efforts to counter input price inflation through price adjustments, operational efficiencies and improved industrial performance. Coming off a relatively high EBITDA base in the first half of FY22, PPC continues to prioritise cash generation by optimising net working capital and adhering to stringent capital allocation. This contributed to South Africa and Botswana's gross debt decreasing from R1.2 billion on 31 March 2022 to R1.0 billion on 31 August 2022. ZIMBABWE The cement market in Zimbabwe continued to show robust high single- digit growth as a result of both residential construction and government-funded infrastructure projects. PPC Zimbabwe implemented planned maintenance at the beginning of FY23 and recorded a 7% decline in cement sales volumes period-on-period. However, the resumption of clinker manufacturing by PPC Zimbabwe at the end of May 2022 enabled improved sales volumes in the second quarter of FY23. PPC Zimbabwe implemented US$ price increases of 5% in March 2022, 2% in April 2022 and a further 5% increase in August 2022. PPC noted increased availability of foreign currency in the Zimbabwean economy, with more than 70% of cement sales during the period under review occurring in foreign currency. PPC received a US$4.4 million dividend in June 2022 and anticipates an additional dividend to be declared upon the publication of PPC Zimbabwe's interim results in November 2022. RWANDA CIMERWA continues to see strong demand for cement in all its markets, with cement sales volumes increasing by 16% period-on-period for the five months ended August 2022. CIMERWA’s domestic cement sales benefited from increased demand from government-sponsored infrastructure projects and a recovery in general building activity. In addition, cement exports benefited from sustained demand in eastern Democratic Republic of Congo and the expansion of CIMERWA's route to market initiatives. CIMERWA's efforts to enhance industrial performance and reliability are beginning to bear fruit with the benefits reflected in the increase in cement sales volumes. OUTLOOK Given the current economic climate, the group will continue to enhance operational efficiencies to mitigate the impact of rising input cost inflation. Without a significant increase in infrastructure investments, cement demand in South Africa is anticipated to remain subdued. PPC South Africa is well positioned to benefit from an increase in cement demand with additional capacity available to capture an upswing in demand without additional capex investment required. PPC Zimbabwe anticipates a recovery for the balance of the financial year and the outlook for CIMERWA remains positive. PPC is participating in the RMB Morgan Stanley Big Five and Off Piste Investor Conference in Cape Town on 14 September 2022 and the presentation to be given at this conference is available on the company’s website www.ppc.africa/investors-relations/reports/?t=presentations-allocate Sandton 14 September 2022 Sponsor: Questco Corporate Advisory Proprietary Limited Financial Communications Advisor: Instinctif Partners Louise Fortuin Mobile: +27 71 605 4294 Date: 14-09-2022 07:30:00 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.

Results of Annual General Meeting and Change to the Board 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 “Company”) Results of Annual General Meeting (“AGM”) and change to the Board of Directors Shareholders of PPC (“Shareholders”) are hereby advised that the ordinary and special resolutions contained in the Notice of the AGM dated 27 July 2022 that were tabled at the Company’s AGM held on Friday, 9 September 2022, were passed by the requisite majority of votes cast by Shareholders, as reported below. Special Resolution 6 – General Authority to Issue Shares for Cash was withdrawn at the commencement of the AGM and therefore not tabled at the AGM, as the board of directors of PPC has resolved that any issues of shares for cash will be put to shareholders to vote thereon. The total number of PPC ordinary shares (“Shares”) in issue that could have voted at the AGM was 1,553,764,624 and the total number of Shares present at the AGM in person or by proxy was 1,041,149,644, representing 67.01% of the total Shares that could have voted. Resolutions proposed Number of Shares Shares Percentage Percentage Percentage voted voted* For** Against** Abstained* Ordinary Resolution 1.1 – 1 040 466 892 66.96% 98.15% 1.85% 0.04% Election of Mr Bjarne Hansen Ordinary Resolution 1.2 – 1 038 492 575 66.84% 97.41% 2.59% 0.17% Election of Mr Daniel Smith Ordinary Resolution 2.1 – Re- 1 038 501 102 66.84% 95.84% 4.16% 0.17% election of Ms Noluvuyo Mkhondo Ordinary Resolution 2.2 – Re- 1 040 464 884 66.96% 99.62% 0.38% 0.04% election of Mr Jabulani Moleketi Ordinary Resolution 3.1 – 1 039 23 0430 66.88% 99.76% 0.24% 0.12% Appointment to audit committee – Ms Nonkululeko Gobodo Ordinary Resolution 3.2 – 1 039 287 530 66.89% 95.85% 4.15% 0.12% Appointment to audit committee – Ms Noluvuyo Mkhondo Ordinary Resolution 3.3 – 1 039 301 038 66.89% 99.69% 0.31% 0.12% Appointment to audit committee – Mr Mark Richard Thompson Ordinary Resolution 4 – 1 040 466 892 66.96% 99.85% 0.15% 0.04% Appointment of external Auditor PricewaterhouseCoopers (PwC) Ordinary Resolution 5.1 – Non- 1 038 269 576 66.82% 82.37% 17.63% 0.19% binding advisory vote – Remuneration Policy Ordinary Resolution 5.2 – Non- 1 037 483 548 66.77% 83.76% 16.24% 0.24% binding advisory vote – Remuneration Implementation Report Ordinary Resolution 6 – General Withdrawn authority to issue shares for cash Ordinary Resolution 7 – 1 037 986 082 66.80% 99.96% 0.04% 0.20% Authority to implement resolutions Special Resolutions 1.1 – 1 038 501 891 66.84% 99.32% 0.68% 0.17% Financial Assistance – Section 44 1 038 501 891 66.84% 96.84% 3.16% 0.17% Special Resolutions 1.2 – Financial Assistance – Section 45 Special Resolution 2.1 – 1 039 097 419 66.88% 97.68% 2.32% 0.13% Remuneration – Board chairman Special Resolution 2.2 – 1 039 096 384 66.88% 99.74% 0.26% 0.13% Remuneration – Non-executive director 1 038 281 856 66.82% 99.94% 0.06% 0.18% Special Resolution 2.3 – Audit and risk committee chairman 1 038 274 456 66.82% 99.94% 0.06% 0.19% Special Resolution 2.4 – Audit and risk committee – Member 1 038 296 056 66.82% 99.91% 0.09% 0.18% Special Resolution 2.5 – Social and ethics committee – Chairman 1 038 288 656 66.82% 99.92% 0.08% 0.18% Special Resolution 2.6 – Social and ethics committee – Member 1 038 288 656 66.82% 99.91% 0.09% 0.18% Special Resolution 2.7 – Rewards and talent committee – Chairman 1 040 466 892 66.96% 99.70% 0.30% 0.04% Special Resolution 2.8 – Rewards and talent committee – Member 1 038 281 056 66.82% 99.91% 0.09% 0.18% Special Resolution 2.9 – Strategy and investment committee – Chairman 1 040 466 892 66.96% 99.70% 0.30% 0.04% Special Resolution 2.10 – Strategy and investment committee – Member 1 038 281 056 66.82% 97.35% 2.65% 0.18% Special Resolution 2.11 – Special meetings – Chairman 1 038 281 056 66.82% 97.52% 2.48% 0.18% Special Resolution 2.12 – Special meetings – Member 1 038 081 925 66.81% 99.95% 0.05% 0.20% Special Resolution 3 – General authority to repurchase shares * As a percentage to the total number of PPC ordinary shares in issue, being 1,553,764,624 ** As a percentage to the total number of shares voted at the AGM, being 1,041,149,644, CHANGE TO THE BOARD OF DIRECTORS (“BOARD”) As announced on SENS on 27 July 2022 Mr Anthony Ball has not made himself available for re-election to the Board at the AGM and will consequently retire as an independent non- executive director of the Company in terms of its Memorandum of Incorporation, with effect from 9 September 2022. The Board is grateful to Mr Ball for his valuable contribution and service to the Company and wishes him well in all his future endeavors. Sandton 9 September 2022 Sponsor Questco Corporate Advisory Proprietary Limited Financial Communications Advisor: Instinctif Partners Louise Fortuin Mobile: +27 71 605 4294 Date: 09-09-2022 03:47:00 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.