GRAND PARADE INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1997/003548/06) Share code: GPL ISIN: ZAE000119814 (“GPI” or “the Company”) EXERCISE OF OPTIONS BY DIRECTORS IN TERMS OF THE GRAND PARADE SHARE INCENTIVE TRUST In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the exercise of options is disclosed: 1. NAME OF DIRECTOR Mohsin Tajbhai COMPANY OF WHICH A DIRECTOR Grand Parade Investments Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares NATURE OF TRANSACTION Acquisition of shares in GPI through the exercise of options awarded in terms of a share incentive scheme, the further details of which are set out in paragraph 20.2.2 of the circular to shareholders regarding the mandatory offer made to shareholders by GMB Liquidity Corroation Proprietary Limited (“Mandatory Offer Circular”) (Off-market transaction) (1-2) DATE OF EXERCISE OF OPTIONS 24 March 2023 (1-2) OPTION STRIKE PRICE 226 cents (1) 280 cents (2) NUMBER OF OPTIONS EXERCISED 376 106 (1) 455 357 (2) TOTAL RAND VALUE OF OPTIONS R 849 999.56 (1) EXERCISED R1 274 999.60 (2) STRIKE DATE OF OPTIONS 23 March 2023 (1-2) PERIOD OF EXERCISE Participants have a 180 day period from the strike date during which options can be exercised (1-2) NATURE AND EXTENT OF INTEREST IN THE Direct, beneficial (1-2) TRANSACTION 2. NAME OF DIRECTOR Jayson October COMPANY OF WHICH A DIRECTOR Grand Parade Investments Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares NATURE OF TRANSACTION Acquisition of shares in GPI through the exercise of options awarded in terms of a share incentive scheme, the further details of which are set out in paragraph 20.2.2 of the Mandatory Offer Circular (Off-market transaction) DATE OF EXERCISE OF OPTIONS 24 March 2023 OPTION STRIKE PRICE 280 cents NUMBER OF OPTIONS EXERCISED 323 328 TOTAL RAND VALUE OF OPTIONS R905 318.40 EXERCISED STRIKE DATE OF OPTIONS 23 March 2023 PERIOD OF EXERCISE Participants have a 180 day period from the strike date during which options can be exercised NATURE AND EXTENT OF INTEREST IN THE Direct, beneficial TRANSACTION Clearance to deal in the securities by the director was obtained in accordance with paragraph 3.66 of the JSE Limited Listings Requirements. The board of directors of the Company accepts responsibility for the information contained in this announcement. To the best of their collective knowledge and belief, the information contained in this announcement is true and the announcement does not omit anything likely to affect the importance of the information contained herein. Cape Town 27 March 2023 Sponsor PSG Capital