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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 (“the Company”) PICK N PAY STORES LIMITED – DEALING IN SECURITIES Vesting of the 2020 long-term restricted share incentive scheme awards (RSP 1) Dealing in securities by directors and company secretary on the vesting of restricted forfeitable share plan awards in terms of the Company’s restricted 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 following participant elected to retain all shares: Director: JG Ackerman Nature of transaction: Nil cost of vesting of share awards Number of restricted forfeitable shares delivered: 15 000 Date of vesting: 24 July 2023 Class of shares: Ordinary shares Price per share: R37.75 Market value of shares retained: R566 179.50 Date of transaction: 26 July 2023 Nature of interest: Direct beneficial Clearance obtained: Yes The following participant elected to sell, on-market, sufficient shares to pay tax and related costs, with the balance of the shares being retained: Director: L Olivier Nature of transaction: Nil cost of vesting of share awards Number of restricted forfeitable shares delivered: 60 000 Date of vesting: 24 July 2023 Class of shares: Ordinary shares Average price per share: R37.75 High price per share: R38.85 Low price per share: R37.15 Market value of shares: R2 264 718.00 Number of shares subsequently sold: 27 900 Date of transaction: 26 July 2023 Market value of shares sold: R1 053 093.87 Number of shares retained: 32 100 Market value of shares retained: R1 211 624.13 Nature of interest: Direct beneficial Clearance obtained: Yes The following participant elected to sell the vested shares on-market: Company Secretary: PJ Gerber Nature of transaction: Nil cost of vesting of share awards Number of restricted forfeitable shares delivered and sold: 25 000 Date of vesting: 24 July 2023 Class of shares: Ordinary shares Average price per share: R37.75 High price per share: R38.85 Low price per share: R37.15 Market value of shares sold: R943 632.50 Date of transaction: 26 July 2023 Nature of interest: Direct beneficial Clearance obtained: Yes Pro-rated vesting of the 2021 long-term share incentive scheme awards in retiree (RSP 2) Pro-rated vesting in retired executive director in accordance with the scheme rules. The following participant elected to retain all shares: Director: JG Ackerman Nature of transaction: Nil cost of vesting of share awards Number of restricted forfeitable shares delivered: 15 865 Date of vesting: 24 July 2023 Class of shares: Ordinary shares Price per share: R37.75 Market value of shares retained: R598 829.18 Date of transaction: 26 July 2023 Nature of interest: Direct beneficial Clearance obtained: Yes Dealing in securities by Company Secretary In compliance with the JSE Listing Requirements, the following information is disclosed: Company Secretary: P Gerber Nature of transaction: On market sale of shares Date of transaction: 26 July 2023 Class of shares: Ordinary shares Number of shares sold: 11 282 Average price per share: R37.75 High price per share: R38.85 Low price per share: R37.15 Market value of shares sold: R425 842.47 Nature of interest: Direct beneficial Clearance obtained: Yes By order of the Board Cape Town 27 July 2023 Sponsor: Investec Bank Limited
