AVI Limited Registration Number 1944/017201/06 Share Code: AVI ISIN: ZAE000049433 (“AVI” or “Company”) RESIGNATION OF NON-EXECUTIVE DIRECTOR Michael Bosman has resigned as a non-executive director of the Company with immediate effect following his appointment to the SPAR Limited Board, and his appointment today as the Executive Chairman of SPAR, with effect from 1 February 2023. The Board acknowledges with appreciation Mr Bosman’s 13 year contribution to AVI and wishes him the very best in his new role. Gavin Tipper Chairman of the Board Illovo Sandton 30 January 2023 Sponsor The Standard Bank of South Africa Limited