KAL GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2011/113185/06) Share code: KAL ISIN: ZAE000244711 (“KAL Group” or the "Company”) DEALINGS IN KAL GROUP SHARES KAL Group shareholders (“Shareholders”) are referred to the announcement published on SENS on 12 June 2023, wherein Shareholders were advised of the hedging transaction entered into between KAL Group and Investec Bank Limited (“Investec”), an independent third party, to hedge the potential future obligations of the Company under its non-dilutive long-term incentive plan (“LTIP”) rules (“Hedging Transaction”). In accordance with paragraphs 3.63 to 3.74 and 3.92 of the JSE Limited Listings Requirements, Shareholders are hereby advised of the following acquisitions of KAL Group ordinary shares (“Shares”), in execution of the Hedging Transaction, between 17 January 2024 and 28 March 2024: NAME OF ENTITY Investec TYPE AND CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTION Purchase of Shares pursuant to the Hedging Transaction to enable settlement of LTIP awards (on-market) TOTAL NUMBER OF SHARES 330,611 ACQUIRED TOTAL RAND VALUE OF SHARES R13,410,204.01 ACQUIRED NATURE OF INTEREST Indirect, non-beneficial CLEARANCE OBTAINED Yes The breakdown of the acquisition of Shares is as follows: VOLUME NUMBER WEIGHTED DATE OF HIGH LOW OF AVERAGE VALUE PURCHASE (PRICE) (PRICE) SHARES PRICE (PAID) 17/01/2024 16,258 37.93 37.93 37.93 616,676.48 17/01/2024 40,227 37.93 37.93 37.93 1,525,836.18 17/01/2024 1,281 40.17 40.17 40.17 51,461.15 19/01/2024 10,464 40.30 40.30 40.01 421,697.75 22/01/2024 2,568 40.03 40.37 40.01 102,802.47 23/01/2024 5,152 40.53 40.60 40.26 208,836.08 24/01/2024 3,353 40.21 40.50 40.01 134,837.24 25/01/2024 11,271 40.57 40.80 40.16 457,229.53 26/01/2024 2,303 40.27 40.00 40.36 92,751.72 29/01/2024 8,007 40.50 40.80 40.11 324,265.23 30/01/2024 4,825 40.83 41.34 40.51 197,001.68 31/01/2024 2,636 41.90 41.90 41.46 110,439.48 01/02/2024 11,404 41.79 42.00 41.51 476,572.01 02/02/2024 3,828 41.51 41.50 41.51 158,900.01 05/02/2024 12,076 41.56 41.31 42.19 501,914.98 06/02/2024 15,997 42.11 42.22 42.10 673,581.28 07/02/2024 4,867 41.96 42.11 41.61 204,221.98 08/02/2024 4,068 42.01 42.01 42.00 170,888.98 09/02/2024 1,254 42.03 42.20 42.01 52,701.45 12/02/2025 8,770 42.62 42.86 42.01 373,797.31 14/02/2024 9,653 42.53 42.88 42.25 410,504.19 15/02/2024 11,562 42.53 42.75 42.26 491,735.86 16/02/2024 2,405 42.65 42.90 42.50 102,563.02 19/02/2024 2,522 42.87 43.00 42.51 108,128.24 20/02/2024 3,749 43.00 43.07 42.51 161,189.81 21/02/2024 2,896 42.51 42.95 42.00 123,101.59 22/02/2024 4,115 41.97 42.30 41.70 172,727.10 23/02/2024 1,307 42.32 42.49 42.15 55,309.01 26/02/2024 5,282 42.72 42.90 42.15 225,659.17 27/02/2024 1,801 41.63 42.15 41.51 74,970.69 28/02/2024 401 43.00 43.00 43.00 17,243.00 29/02/2024 15,751 42.88 43.00 42.49 675,422.99 01/03/2024 11,985 42.51 43.62 40.90 509,433.13 04/03/2024 5,897 41.22 41.51 40.25 243,056.06 05/03/2024 1,476 39.84 39.89 39.51 58,806.56 06/03/2024 8,476 39.89 40.25 39.51 338,147.03 07/03/2024 9,368 39.15 39.56 38.01 366,803.64 08/03/2024 13,300 38.75 39.50 38.21 515,419.95 11/03/2024 1,957 38.36 38.53 38.00 75,077.95 12/03/2024 5,946 37.90 38.11 37.61 225,377.96 13/03/2024 8,218 39.14 40.00 37.62 321,661.67 14/03/2024 6,448 39.48 39.52 39.00 254,563.36 15/03/2024 3,017 39.53 40.50 38.21 119,276.90 18/03/2024 5,034 39.76 40.41 39.50 200,176.53 19/03/2024 1,151 39.53 39.56 39.51 45,502.96 20/03/2024 3,264 40.39 40.92 39.51 131,831.57 22/03/2024 4,166 40.92 41.39 40.03 170,490.29 25/03/2024 4,132 41.09 41.95 40.01 169,786.27 26/03/2024 3,810 40.00 40.01 40.00 152,404.56 27/03/2024 15 40.13 40.99 40.00 601.98 28/03/2024 898 41.00 41.00 41.00 36,818.00 Paarl 28 March 2024 Sponsor PSG Capital