Shareholders of HCI (“Shareholders”) are referred to the Company’s announcements published on the
Stock Exchange News Service of the JSE Limited (“JSE”) on 4 July 2025 and 29 September 2025,
respectively, in terms of which Shareholders were advised of the transactions between HCI and its
wholly-owned subsidiary, Squirewood Investments 64 Proprietary Limited and the Southern African
Clothing and Textile Workers Union (“Proposed Transactions”).

The circular setting out full details of the Proposed Transactions, including a notice of general meeting
and actions required by Shareholders, has been submitted to the JSE Limited for review (the “Circular”).

Shareholders are hereby advised that the JSE has granted the Company a dispensation from the
requirement to post the Circular within 60 days of the announcement of the Proposed Transactions in
accordance with paragraphs 10.11 and 11.23 of the JSE Listings Requirements (“Dispensation”). In
terms of the Dispensation the Circular will be posted as soon as JSE approval has been received.

Shareholders will be advised in due course of the salient dates and times relating to the Proposed
Transactions and the general meeting of Shareholders to be convened in order to consider and vote on
the resolutions required in respect of the Proposed Transactions.