TSL Limited wishes to inform shareholders that the Extraordinary General Meeting (“EGM”) scheduled for Friday, 7 December 2018 to consider the Executive Share Scheme to be called the TSL 2018 Executive Share Appreciation Rights Plan, has been cancelled.

The matter will be included in the Agenda for the upcoming Annual General Meeting (“AGM”), scheduled for March 2019. Shareholders will be notified of the date, venue and other issues pertinent to the AGM in the normal way.