Enhanced Investments - Financial Portal

Dealing in Securities by a Director, Prescribed Officer and Company Secretary

Published: 2025-03-31 12:00:23 ET

SUN INTERNATIONAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1967/007528/06)
Share code: SUI
ISIN: ZAE000097580
LEI: 378900835F180983C60
("Sun International" or “the Company”)

DEALING IN SECURITIES BY A DIRECTOR, PRESCRIBED OFFICER AND COMPANY SECRETARY

In compliance with the requirements of paragraphs 3.63 to 3.74 of the JSE Listings Requirements, shareholders are
advised as follows:

The Sun International 2020 Conditional Share Plan (“CSP”)

Acquisition of Open Market Shares and Award of STI Matching Shares

In terms of the rules of the CSP, approved by shareholders in 2020, senior executives who have earned an annual
short-term incentive (“STI”) are entitled to invest in Sun International ordinary shares up to a maximum value of
25% of their annual allocation of long-term share-based incentives (“LTIs”).

These invested shares otherwise known as Open Market Shares (i.e., shares acquired by and for and on behalf of
the senior executives using the senior executive's post-tax proceeds from their annual STI) are held for and on behalf
of the senior executives in a direct beneficial capacity for a period of three-years and STI Matching Shares equal to
the number of Open Market Shares invested in by the senior executives are awarded by the Company, for no
consideration and settled to the senior executives, likewise to be held for and on behalf of the senior executives for
a period of three years as restricted shares.

The STI Matching Shares will lapse and be forfeited, should the senior executives terminate their employment
before the completion of the three-year period other than in the event of death, ill-health, retirement or
retrenchment.

The following senior executives, having received clearance to deal in Sun International shares, elected on 27 March
2025 to invest in Open Market Shares (representing up to a maximum value of 25% of their annual allocation of
LTIs) and consequently, STI Matching Shares were awarded to them under the Rules of the CSP: -



   Executive                     Designation                     Open Market Shares          STI Matching Shares
                                                                      Acquired                    Awarded


                                                                Number        Value (R)     Number        Value (R)

 N Basthdaw      Executive Director and CFO                       23 794       989 830         23 794       989 830
 AG Johnston     Prescribed Officer: Company Secretary            13 016       541 466         13 016       541 466
The Open Market and STI Matching Shares were acquired by the senior executives and by Sun International
respectively in the open market on 27 March 2025 at a purchase price of R41.60 per share. The STI Matching Share
awards will be received by the senior executives as plan participants for no consideration.

Award of Performance Shares

Name                                 :        N Basthdaw
Title                                :        Chief Financial Officer
Company                              :        Sun International
Nature of Transaction                :        Off market award and acceptance of forfeitable shares
                                              (performance shares) in terms of the Sun International 2020
                                              Conditional Share Plan subject to the achievement of specified
                                              performance hurdles over a three-year period
Class of Securities                  :        Ordinary shares of no-par value each
Date of Transaction                  :        27 March 2025
Number of Securities                 :        71 381
Award Price                          :        Nil cost allocation of forfeitable shares
Deemed Value of Transaction*         :        R2 969 449.60
Nature of Interest                   :        Direct Beneficial
Clearance to Deal Received           :        Yes


Name                                 :        GI Wood
Title                                :        Chief Operating Officer: Hospitality
Company                              :        Sun International
Nature of Transaction                :        Off market award and acceptance of forfeitable shares
                                              (performance shares) in terms of the Sun International 2020
                                              Conditional Share Plan subject to the achievement of specified
                                              performance hurdles over a three-year period
Class of Securities                  :        Ordinary shares of no-par value each
Date of Transaction                  :        27 March 2025
Number of Securities                 :        71 733
Award Price                          :        Nil cost allocation of forfeitable shares
Deemed Value of Transaction*         :        R2 984 092.80
Nature of Interest                   :        Direct Beneficial
Clearance to Deal Received           :        Yes


Name                                 :        AG Johnston
Title                                :        Group Company Secretary
Company                              :        Sun International
Nature of Transaction                :        Off market award and acceptance of forfeitable shares
                                              (performance shares) in terms of the Sun International 2020
                                              Conditional Share Plan subject to the achievement of specified
                                              performance hurdles over a three-year period
Class of Securities                  :        Ordinary shares of no-par value each
Date of Transaction                  :        27 March 2025
Number of Securities                 :        50 971
Award Price                          :        Nil cost allocation of forfeitable shares
Deemed Value of Transaction*        :         R2 120 393.60
Nature of Interest                  :         Direct Beneficial
Clearance to Deal Received          :         Yes


* Deemed value is based on the purchase price of R41.60 at which Sun International acquired these shares in the
  open market on 27 March 2025 and otherwise per the rules of the CSP.


Sandton
31 March 2025


Sponsor to Sun International
Investec Bank Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.