The Bidvest Group Limited (Incorporated in the Republic of South Africa) (Registration number 1946/021180/06) Share code: BVT ISIN ZAE000117321 ("Bidvest" or “the Group”) ACCEPTANCE OF SHARE APPRECIATION RIGHTS (“SAR”) BY THE COMPANY SECRETARY In compliance with Rules 3.63 – 3.74 of the JSE Listing Requirements, the following information is disclosed: The Company Secretary has accepted an allocation of SARs in terms of the 2016 Bidvest Share Appreciation Rights Scheme as follows: Company Secretary: Nonqaba Katamzi Number of Share Appreciation Rights: 20 000 Strike Price of Share Appreciation Rights: R212.64 Total value: R4,252,800 Date of Acceptance: 8 December 2023 Nature of transaction: Acceptance of rights – off market; vesting from year three onwards Nature of interest: Direct beneficial Clearance in terms of para 3.66 of the listings requirements was obtained from the Remuneration Committee of The Bidvest Group Limited. Date: 11 December 2023 Johannesburg Sponsor: Investec Bank Limited