Change in beneficial interest

Libstar Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2014/032444/06)
JSE share code: LBR
ISIN: ZAE000250239
("Libstar" or the "Company")

TRP121.1: NOTIFICATION OF REDUCTION OF BENEFICIAL INTEREST IN SECURITIES
HELD BY THE PUBLIC INVESTMENT CORPORATION SOC LIMITED ("PIC")

In compliance with section 122(3)(b) of the Companies Act 71 of 2008 ("the Companies
Act"), and paragraph 3.83(b) of the JSE Listings Requirements, shareholders are advised
that on 25 September 2025, Libstar received notification in the prescribed form that the PIC
has disposed of a beneficial interest in the ordinary shares of the Company, such that the
total interest held by the PIC now amounts to 9.261% (a decrease from the 10.787%
previously held) of the total issued ordinary shares of the Company.

Libstar's board of directors accepts responsibility for the information contained in this
announcement, having relied on the notice information provided by the PIC in the TRP 121.1
Form and, to the best of its knowledge and belief, the information is accurate and complete.

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

Cape Town
26 September 2025

Sponsor
The Standard Bank of South Africa Limited

Date: 26-09-2025 08:00:00
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