Grand Parade Investments : Power of attorney

POWER OF ATTORNEY

I, the undersigned,

Ronel Van Dijk

being an independent, non-executive director of Grand Parade Investments Limited, a company incorporated under the laws of the Republic of South Africa with registration number 1997/003548/06, (³the Company´ do hereby nominate, constitute and appoint Mark Bowman, an independent non-executive director of the Company or any other director of the independent board of the Company or any of their duly authorised representatives or agents with full power of substitution, to be my lawful attorney and agent, and in my name, place and stead to -

1. sign the circular to shareholders of the Company, regarding the &RPSDQ¶V UHVSRQVH WR WKH mandatory offer by GMB Liquidity Corporation Proprietary Limited ³Circular´, which Circular is to be issued on or about 15 December 2022, or soon thereafter;
2. sign all such other documents as may be required in connection with or relating to the Circular and submission of and/or registration of any other documentation that may be required by the JSE Limited, the Takeover Regulation Panel or any other statutory or regulatory authority, whether in South Africa or any other jurisdiction; and
3. do all such other things as may be necessary or in connection with or relating to the Circular,

AND GENERALLY, for effecting the purposes aforesaid, to do or cause to be done whatsoever shall be requisite, as fully and effectually for all intents and purposes as I might or could do if personally present and acting herein, hereby ratifying and confirming and promising and agreeing to ratify and confirm all and whatsoever my attorney and agent shall lawfully do or cause to be done in terms hereof.

I confirm that I have read and understood the contents of the Circular.

_______________________________________

Ronel Van Dijk

Grand Parade Investments Limited

SIGNED AT Cape Town

ON 12 December

2022

AS WITNESSES:

1. _________________________

POWER OF ATTORNEY

I, the undersigned,

Walter Dayson Geach

being an independent, non-executive director of Grand Parade Investments Limited, a company incorporated under the laws of the Republic of South Africa with registration number 1997/003548/06, ("the Company") do hereby nominate, constitute and appoint Mark Bowman, an independent non-executive director of the Company or any other director of the independent board of the Company or any of their duly authorised representatives or agents with full power of substitution, to be my lawful attorney and agent, and in my name, place and stead to -

1. sign the circular to shareholders of the Company, regarding the Company's response to the mandatory offer by GMB Liquidity Corporation Proprietary Limited ("Circular"), which Circular is to be issued on or about 15 December 2022, or soon thereafter;
2. sign all such other documents as may be required in connection with or relating to the Circular and submission of and/or registration of any other documentation that may be required by the JSE Limited, the Takeover Regulation Panel or any other statutory or regulatory authority, whether in South Africa or any other jurisdiction; and
3. do all such other things as may be necessary or in connection with or relating to the Circular,

AND GENERALLY, for effecting the purposes aforesaid, to do or cause to be done whatsoever shall be requisite, as fully and effectually for all intents and purposes as I might or could do if personally present and acting herein, hereby ratifying and confirming and promising and agreeing to ratify and confirm all and whatsoever my attorney and agent shall lawfully do or cause to be done in terms hereof.

I confirm that I have read and understood the contents of the Circular.

_________________________

Walter Dayson Geach

Grand Parade Investments Limited

SIGNED AT ________________________Cape Town	ON _______________________________12 December	2022
AS WITNESSES:

1. _________________________

POWER OF ATTORNEY

I, the undersigned,

Mark John Bowman

being an independent, non-executive director of Grand Parade Investments Limited, a company incorporated under the laws of the Republic of South Africa with registration number 1997/003548/06, ("the Company") do hereby nominate, constitute and appoint any other director of the independent board of the Company or any of their duly authorised representatives or agents with full power of substitution, to be my lawful attorney and agent, and in my name, place and stead to -

1. sign the circular to shareholders of the Company, regarding the Company's response to the mandatory offer by GMB Liquidity Corporation Proprietary Limited ("Circular"), which Circular is to be issued on or about 15 December 2022, or soon thereafter;
2. sign all such other documents as may be required in connection with or relating to the Circular and submission of and/or registration of any other documentation that may be required by the JSE Limited, the Takeover Regulation Panel or any other statutory or regulatory authority, whether in South Africa or any other jurisdiction; and
3. do all such other things as may be necessary or in connection with or relating to the Circular,

AND GENERALLY, for effecting the purposes aforesaid, to do or cause to be done whatsoever shall be requisite, as fully and effectually for all intents and purposes as I might or could do if personally present and acting herein, hereby ratifying and confirming and promising and agreeing to ratify and confirm all and whatsoever my attorney and agent shall lawfully do or cause to be done in terms hereof.

I confirm that I have read and understood the contents of the Circular.

_______________________________________

Mark John Bowman

Grand Parade Investments Limited

SIGNED AT - CAPE TWN

ON 12TH DECEMBER 2022

AS WITNESSES:

1. _________________________