Coronation increases stake in Woolworths Holdings

Woolworths Holdings Limited announced it has received formal notification, in accordance with Section 122(3)(b) of the Companies Act, No. 71 of 2008, and Section 3.83(b) of the JSE Limited Listings Requirements, regarding a change in its shareholding.

Coronation Asset Management (Pty) Ltd, acting on behalf of its clients, has acquired an aggregate interest in the company's ordinary shares. This acquisition brings Coronation’s total interest in the ordinary shares held by its clients to 5.07% of the total issued ordinary shares of Woolworths Holdings as of the date of formal notification.

The requisite notice, as per Section 122(3)(a) of the Act, has been duly filed with the Takeover Regulation Panel. The board of directors confirms its responsibility for the accuracy and completeness of the information provided in this announcement. The announcement was made from Cape Town on 17 September 2025, with Investec Bank Limited serving as the Sponsor and Debt Sponsor.