The board of directors of Sab Zenzele Kabili Holdings (Rf) Limited ("Board") advise that at a meeting held on 27 May 2022, the directors approved the declaration of a gross cash dividend from income reserves of 14 cents per ordinary share based on the dividend income received from Anheuser-Busch InBev ("AB InBev") in May 2022. The dividend will be subject to a dividend withholding tax of 20% for all shareholders who are not exempt. Accordingly, for those shareholders not exempt from paying dividend withholding tax, the net ordinary dividend will be 11.2 cents per ordinary share.

Declaration date: 30, May 2022. Last day to trade cum dividend on the JSE:13 June 2022. First day to trade ex-dividend on the JSE: 14 June 2022.

Record date: 17 June 2022. Payment date: 20 June 2022.