Cautionary announcement UNIVERSAL PARTNERS LIMITED (Incorporated in the Republic of Mauritius) (Registration number: 138035 C1/GBL) SEM share code: UPL.N0000 JSE share code: UPL ISIN: MU0526N00007 ("Universal Partners" or "the Company") CAUTIONARY ANNOUNCEMENT Shareholders are advised that the Company is currently in negotiations regarding the disposal of one of its investments, which if successfully concluded, may have a material effect on the price of the Company's securities. Accordingly, shareholders are advised to exercise caution when dealing in the Company's securities until a further announcement is made. Universal Partners has its primary listing on the Official List of the Stock Exchange of Mauritius Ltd and a secondary listing on the Alternative Exchange of the Johannesburg Stock Exchange. By order of the Board 8 July 2021 For further information please contact: SEM authorised representative JSE sponsor and sponsor Company Secretary Java Capital Perigeum Capital Intercontinental Trust Ltd Tel: +27 11 722 3050 Tel: +230 402 0890 Tel: +230 403 0800 This notice is issued pursuant to SEM Listing Rule 11.3 and Rule 5(1) of the Securities (Disclosure Obligations of Reporting Issuers) Rules 2007. The Board of Universal Partners accepts full responsibility for the accuracy of the information contained in this announcement. Date: 08-07-2021 08:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.