DENEB INVESTMENTS LIMITED Registration number: 2013/091290/06 (Incorporated in the Republic of South Africa) JSE share code: DNB ISIN: ZAE000197398 (“Deneb” or the “Company”) EXERCISE OF OPTIONS BY DIRECTORS IN TERMS OF THE DENEB LONG TERM INCENTIVE SCHEME AND THE DENEB INVESTMENTS EMPLOYEE SHARE SCHEME In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed: NAME OF DIRECTOR S A Queen COMPANY OF WHICH A DIRECTOR Deneb Investments Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTIONS Delivery of ordinary shares through the exercise of Deneb Long Term Incentive Scheme options at a strike price of 152 cents (off-market) (1) Delivery of ordinary shares through the exercise of Deneb Long Term Incentive Scheme options at a strike price of 146 cents (off-market) (2) DATE OF TRANSACTIONS 6 July 2022 (1-2) CENTS PER SHARES 246 cents (1-2) NUMBER OF SECURITIES TRANSACTED 417,039 (1) 646,842 (2) TOTAL RAND VALUE OF SECURITIES R1,025,915.94 (1) TRANSACTED R1,591,231.32 (2) NATURE AND EXTENT OF INTEREST IN Direct, beneficial THE TRANSACTIONS NAME OF DIRECTOR G D T Wege COMPANY OF WHICH A DIRECTOR Deneb Investments Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTIONS Delivery of ordinary shares through the exercise of Deneb Long Term Incentive Scheme options at a strike price of 146 cents (off-market) (1) Delivery of ordinary shares through the exercise of Deneb Investments Employee Share Scheme options at a strike price of 178 cents (off-market) (2) DATE OF TRANSACTIONS 6 July 2022 (1-2) CENTS PER SHARES 246 cents (1-2) NUMBER OF SECURITIES TRANSACTED 271,649 (1) 199,636 (2) TOTAL RAND VALUE OF SECURITIES R668,256.54 (1) TRANSACTED R491,104.56 (2) NATURE AND EXTENT OF INTEREST IN Direct, beneficial THE TRANSACTIONS Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Cape Town 7 July 2022 Sponsor PSG Capital