GRINDROD LIMITED (Incorporated in the Republic of South Africa) (Registration Number: 1966/009846/06) JSE Code: GND & GNDP ISIN: ZAE000072328 & ZAE000071106 (“Grindrod”) DEALING IN SECURITIES BY DIRECTORS – ALLOCATION OF FORFEITABLE SHARES In accordance with paragraph 3.63 to 3.74 of the JSE Listings Requirements, shareholders are advised that the Chief Executive Officer (“CEO”) and Group Company Secretary of Grindrod were awarded forfeitable shares in terms of Grindrod’s forfeitable share plan as set out below: Name : Xolani Mbambo Name of company : Grindrod Designation : CEO Class of security : Forfeitable shares Nature of transaction : Off market acceptance of forfeitable shares Acceptance date : 10 March 2023 Total number of forfeitable shares awarded : 120 000 Price per share : R10.05 Total value : R1 206 000.00 Vesting period : Three vesting periods commencing at the end of years three, four and five from the award date Extent of interest : Direct beneficial Clearance to deal obtained : Yes Name : Vicky Commaille Name of company : Grindrod Limited Designation : Group Company Secretary Class of security : Forfeitable shares Nature of transaction : Off market acceptance of forfeitable shares Acceptance date : 10 March 2023 Total number of forfeitable shares awarded : 50 000 Price per share : R9.90 Total value : R495 000.00 Vesting period : Three vesting periods commencing at the end of years three, four and five from the award date Extent of interest : Direct beneficial Clearance to deal obtained : Yes 15 March 2023 Sponsor Nedbank Corporate and Investment Banking, a division of Nedbank Limited