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Pick n Pay Stores Limited Incorporated in the Republic of South Africa Registration number: 1968/008034/06 JSE Share Code: PIK ISIN code: ZAE000005443 (“Pick n Pay” or “Group”) PICK N PAY STORES LIMITED - DEALING IN SECURITIES Dealing in securities by executive directors and company secretary: allocation of the 2022 restricted forfeitable share plan (RSP 3) in terms of the Pick n Pay Stores Limited Forfeitable Share Plan, which was approved by shareholders at the General Meeting held on 12 February 2014 and amended at the Annual General Meeting held on 4 August 2020. The restricted forfeitable shares are issued at nil cost and may vest, subject to performance conditions being met over three financial years. The performance conditions are linked to the growth in comparable headline earnings per share. Dividends earned over the term of the scheme are payable upon vesting, pro-rated to the number of restricted forfeitable shares that vest in participants. In compliance with rule 3.63 of the JSE Listings Requirements, the following information is disclosed: Name of director: Pieter Boone Designation: Chief Executive Officer Name of company: Pick n Pay Stores Limited Number of forfeitable shares: 178 500 Acceptance of award: 24 February 2023 Date of vesting of award: 24 June 2025 Nature of transaction: Off-market allocation of restricted forfeited shares Nature of interest: Direct beneficial Clearance obtained: Yes Name of director: Lerena Olivier Designation: Chief Finance Officer Name of company: Pick n Pay Stores Limited Number of forfeitable shares: 87 000 Acceptance of award: 24 February 2023 Date of vesting of award: 24 June 2025 Nature of transaction: Off-market allocation of restricted forfeited shares Nature of interest: Direct beneficial Clearance obtained: Yes Name of company secretary: Penelope Gerber Designation: Company Secretary Name of company: Pick n Pay Stores Limited Number of forfeitable shares: 30 000 Acceptance of award: 24 February 2023 Date of vesting of award: 24 June 2025 Nature of transaction: Off-market allocation of restricted forfeited shares Nature of interest: Direct beneficial Clearance obtained: Yes By order of the Board Cape Town 27 February 2023 Sponsor: Investec Bank Limited
