Renewal of Cautionary Announcement

PSV Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1998/004365/06)
Share code: PSV ISIN: ZAE000078705
("the Company")

RENEWAL OF CAUTIONARY ANNOUNCEMENT

Further to the previous renewal of cautionary announcements, the last of which was dated
25 March 2025, shareholders are advised that the Company remains under provisional liquidation
and the proposed recapitalisation of the Company referred to therein is still under consideration.

The Company remains aware that any corporate action will need to comply with the JSE Listings
Requirements and Takeover Regulations, where applicable. The Company will continue to
inform shareholders of the progress in this regard. A meeting has since been held between the
liquidator and DNG Energy Limited's (DNG's) attorney and a separate meeting was held with the
JSE to evaluate the prospects of the Company and a way forward.

Accordingly, shareholders are advised to continue exercising caution when dealing in the
Company's securities until a full announcement is made.

Johannesburg
6 May 2025

Designated Advisor
AcaciaCap Advisors Proprietary Limited

Date: 06-05-2025 02:45:00
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