Availability of B-BBEE Compliance Report

Capital Appreciation Limited
Incorporated in the Republic of South Africa
(Registration number 2014/253277/06)
Share Code: CTA
ISIN: ZAE000208245
(the Company)

AVAILABILITY OF B-BBEE COMPLIANCE REPORT

In accordance with paragraph 16.21 (g) and Appendix 1 to Section 11 of the JSE Listings Requirements, notice
is hereby given that the Company's annual compliance report in terms of Section 13G(2) of the Broad-Based
Black Economic Empowerment Act has been published and is available on the Company's website at
https://capitalappreciation.co.za/.

Capital Appreciation Limited have retained their level 2 B-BBEE status.



Sandton
22 August 2025

Sponsor
Investec Bank Limited

Date: 22-08-2025 01:40:00
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