BID CORPORATION LIMITED - Bidcorp Announces Renewal of its 300 million Revolving Credit Facility

Bidcorp Announces Renewal of its €300 million Revolving Credit Facility

BID CORPORATION LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1995/008615/06
Share Code: BID
ISIN ZAE 000216537
("Bidcorp" or the "Group")

Bidcorp Announces Renewal of its €300 million Revolving Credit Facility

Bidcorp today, June 8th 2026, announced the successful renewal of its €300 million revolving credit
facility, reinforcing the Group's liquidity position and supporting its ongoing operational and strategic
priorities. The renewed facility provides continued access to flexible funding and reflects the support
of the Group's banking partners and their confidence in Bidcorp's credit profile and long-term
strategy. ABSA Bank Limited, HSBC Bank Plc (HSBC), National Westminster Bank Plc (Natwest), The
Standard Bank of South Africa Limited, Bank of America N.A., BNP Paribas and Barclays Bank Plc
acted as Mandated Lead Arrangers.

The renewed revolving credit facility is intended to support the Group's general corporate purposes,
including working capital requirements and broader balance sheet flexibility. The renewal enhances
the Group's funding resilience and ensures continued access to a committed source of liquidity as it
executes on its strategic objectives.

"The renewal of our revolving credit facility underscores the strength of our banking relationships,"
said David Cleasby, Chief Financial Officer of Bidcorp. "The facility further strengthens our liquidity
position and provides us with additional flexibility to support our strategic priorities and ongoing
operations."

The renewed facility has a tenure of 3 years and includes an option for the annual extension thereof
for a further 2 years, on terms aligned with the Group's funding strategy. The facility also includes an
accordion facility, which further demonstrates continued lender confidence in the Group's credit
quality, operating fundamentals and forward-looking strategic plans.

Natwest was appointed as documentation agent for the transaction and HSBC facility agent for the
duration of the facility.

Date: June 8th 2026
Johannesburg

Sponsor:        The Standard Bank of South Africa Limited

Date: 08-06-2026 05:24:00
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