REUNERT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1913/004355/06)
ISIN: ZAE000057428
JSE and A2X share code: RLO
(“Reunert” or the “Company” or the “Group”)

DEALINGS IN SECURITIES

Reunert shareholders (“Shareholders”) are advised of the following transactions by directors of
ATC Proprietary Limited, a major subsidiary of the Company (“Officers”).

Vesting of awards in terms of the Reunert Conditional Share Plan 2019 (“CSP”) and subsequent
sale of vested ordinary shares in the Company (“Shares”)

Shareholders are advised of the:

•     Shares vested in the Officers in terms of the CSP, pursuant to the performance awards allocated
      in September 2020, valued at R79.6898 per Share, being the 20-day volume weighted average
      price (“VWAP”) as at 20 November 2024 (“Share Price”); and

•     subsequent sale of all or a portion of the vested Shares by Officers, in accordance with the normal
      administrative processes of the CSP, wholly or partially in settlement of tax obligations, on
      25 November 2024, on-market, at a price equal to the Share Price.

    Officer            Number of vested       Value of vested      Number of sale         Value of sale
                                Shares                Shares             Shares                Shares
    L Corte                      41 000           R3 267 282              19 065           R1 519 286
    A Pooe                       20 500           R1 633 641               9 533             R759 683

The nature and extent of the interest of the above Officers is direct beneficial and the prescribed
clearance to trade was received.

Allocation of awards

In accordance with the rules of the CSP (“Rules”), the allocation of awards as set out in the table below
was approved on 27 November 2024 on behalf of the Company’s Remuneration Committee. The CSP
awards detailed below may entitle Officers to Shares in the future, to the extent that employment and
performance conditions are met over a 4-year period.

The nature and extent of the interest of the Officers is direct beneficial. The following CSP awards were
allocated to, and accepted by, Officers, off-market, and the prescribed clearance to trade was received:

    Participant                       CSP awards – subject to          Indicative transaction value*
                                   conditions measured over a       based on the Company’s 20-day
                                                4-year period        VWAP as at 20 November 2024
                                                                              of R79.6898 per Share
    L Corte                                               25 000                         R1 992 245
    A Pooe                                                 7 300                           R581 736
    C Botha                                                7 300                           R581 736

* The transaction value relating to the CSP awards is indicative only, as vesting is subject to certain
conditions. The actual transaction values will only be determinable when the CSP awards vest, in
accordance with the Rules, at the end of the relevant period.
Sandton
17 January 2025

Sponsor
One Capital