Master Drilling Group Limited (Incorporated in the Republic of South Africa) (Registration number 2011/008265/06) JSE share code: MDI ISIN: ZAE000171948 (“Master Drilling” or the “Company”) Acceptance of Awards by Executive Director and Prescribed Officer In compliance with rules 3.63 and 3.66 of the Listings Requirements of the JSE Limited the following is disclosed: Name: Daniel Coenraad Pretorius – Executive Director Nature of transaction: Off-market acceptance of options granted on 4 December 2023 in respect of the Master Drilling Share Option Plan Acceptance date: 18 January 2024 Number of Shares allocated: 500 000 ordinary shares Grant Price: R1,27 Vesting: To commence no earlier than 1 December 2026 but no later than 1 December 2033. Deemed value*: R5 715 000.00 Nature of Interest: Direct, Beneficial Clearance received: Yes Name: Roelof Johannes Swanepoel – Prescribed Officer Nature of transaction: Off-market acceptance of options granted on 4 December 2023 in respect of the Master Drilling Share Option Plan Acceptance date: 18 January 2024 Number of Shares allocated: 209 758 ordinary shares Grant Price: R1,27 Vesting: To commence no earlier than 1 December 2026 but no later than 1 December 2033. Deemed value*: R2 397 533.94 Nature of Interest: Direct, Beneficial Clearance received: Yes *Deemed value is based on the market price as at the date preceding the Company’s Remuneration Committee approval. The final award value will be based on the share price at the time of vesting. Fochville 19 January 2024 Sponsor Investec Bank Limited