SAPPI LIMITED - No change statement, notice of Annual General Meeting, availability of Annual Report and BEE compliance report

No change statement, notice of Annual General Meeting, availability of Annual Report and BEE compliance report

Sappi Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1936/008963/06)
JSE share code: SAP
ISIN: ZAE000006284
("Sappi" or the "Company")

No change statement, notice of Annual General Meeting, availability of Annual Report
and BEE compliance report

No change statement
With regard to the results for the year ended September 2025, shareholders are advised that
the audited annual financial statements contain no modifications to the reviewed condensed
financial statements which were made available via the JSE cloudlink and the Company's
weblink on 06 November 2025. Further, there have been no changes to the unqualified
auditor's report which accompanied the reviewed condensed financial statements.

Issue of annual financial statements and availability of annual report
The audited annual financial statements can now be accessed via the JSE cloudlink, and the
annual report (which will be distributed to shareholders today, 12 December 2025) is available
via the Company's weblink. Refer to the table below for the applicable links.

Any investment decisions should be based on the audited annual financial statements as the
information in this announcement does not provide all of the details.

Notice of the annual general meeting
Notice is hereby given that the eighty-ninth (89th) annual general meeting of Sappi
shareholders will be held at Sappi's registered office, in the Oxford Room, Ground Floor,
108 Oxford Road (entrance on Ninth Street), Houghton Estate, Johannesburg, 2198, Republic
of South Africa, and through electronic communication, on Wednesday, 04 February 2026, at
14:00 (South African Standard Time) to transact the business as stated in the annual general
meeting notice forming part of the annual report. The notice of the annual general meeting
was distributed to shareholders today, 12 December 2025.

The salient details of the annual general meeting are as follows:

 Issuer name                          Sappi Limited

 Type of instrument                   Ordinary shares

 ISIN                                 ZAE000006284

 JSE code                             SAP

 Meeting type                         Annual General Meeting

 Meeting venue                        Oxford Room, Ground Floor, 108 Oxford Road
                                      (entrance on Ninth Street) Houghton Estate, Johannesburg, 2198 Republic
                                      of South Africa and through electronic communication

 Record date – to determine           Friday, 05 December 2025
 which shareholders are entitled
 to receive the notice of Annual
 General Meeting

 Publication/posting date             Friday, 12 December 2025

 Last day to trade – Last day to      Tuesday, 27 January 2026
 trade to determine eligible
 shareholders that may attend,
 speak and vote at the annual
 general meeting

 Record date – Record date to         Friday, 30 January 2026
 determine eligible shareholders
 that may attend, speak and
 vote at the annual general
 meeting

 Annual general meeting               Monday, 02 February 2026 at 14:00 (South
 deadline date (for                   African Standard Time)
 administrative purposes, forms
 of proxy for the Annual General
 Meeting to be lodged)*

 Date and time of annual              Wednesday, 04 February 2026 at 14:00
 general meeting                      (South African Standard Time)

 Publication of results, on or        Wednesday, 04 February 2026
 about

 Company's weblink to the             www.sappi.com/2025-notice-to-shareholders
 notice of annual general
 meeting

 Company's weblink to the             www.smartagm.co.za
 annual general meeting
                                                                                                           2
 Company's weblink to the             www.sappi.com/annual-reports
 annual report and annual
 financial statements

 JSE cloudlink to the annual          https://senspdf.jse.co.za/documents/2025/JSE/ISSE/SAVVI/sappiAFS25.pdf
 financial statements

*Any proxies not lodged by this time must be handed to the chairperson of the annual general
meeting immediately prior to such proxy exercising his/her right to vote at the annual general
meeting.

Availability of BEE compliance report

Shareholders are advised that the annual compliance report in terms of Section 13G(2) of the
Broad-Based Black Economic Empowerment Amendment Act No.46 of 2013, is available on
Sappi's website www.sappi.com/annual-reports


12 December 2025

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)




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Date: 12-12-2025 01:50:00
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