Enhanced Investments - Financial Portal

Acceptance of Long-Term Incentive Performance Share Awards to Directors, Prescribed Officers and Company Secretary

Published: 2025-08-21 10:01:19 ET

                                  Raubex Group Limited
                        (Incorporated in the Republic of South Africa)
                            Registration number 2006/023666/06
                                       Share Code: RBX
                                 ISIN Code: ZAE000093183
                                 (“Raubex” or the “Group”)


ACCEPTANCE OF LONG-TERM INCENTIVE PERFORMANCE SHARE AWARDS TO
EXECUTIVE DIRECTORS, PRESCRIBED OFFICERS & COMPANY SECRETARY

In compliance with paragraph 3.63 to 3.65 of the JSE Limited Listings Requirements, the
following information is disclosed in relation to the acceptance of performance share awards
under the Raubex Group Limited Long-Term Incentive Scheme (“the Scheme”).

Executive director              :       NF Msiza
Company                         :       Raubex
Date of acceptance              :       15 August 2025
Nature of transaction           :       Off-market acceptance of long-term incentive
                                        conditional performance share awards which will
                                        vest in August 2028, subject to the achievement of
                                        agreed performance and employment conditions
Class of securities          :          Ordinary shares
Number of performance shares :          324 578
Award price                  :          R45.72
Total value of award         :          R14 839 706.16
Nature of interest           :          Direct beneficial
Clearance obtained           :          Yes


Executive director              :       DC Lourens
Company                         :       Raubex
Date of acceptance              :       15 August 2025
Nature of transaction           :       Off-market acceptance of long-term incentive
                                        conditional performance share awards which will
                                        vest in August 2028, subject to the achievement of
                                        agreed performance and employment conditions
Class of securities          :          Ordinary shares
Number of performance shares :          301 463
Award price                  :          R45.72
Total value of award         :          R13 782 888.36
Nature of interest           :          Direct beneficial
Clearance obtained           :          Yes


Executive director              :       SJ Odendaal
Company                         :       Raubex
Date of acceptance              :       15 August 2025
Nature of transaction           :       Off-market acceptance of long-term incentive
                                        conditional performance share awards which will
                                        vest in August 2028, subject to the achievement of
                                        agreed performance and employment conditions
Class of securities          :          Ordinary shares
Number of performance shares :          241 470
Award price                  :          R45.72
Total value of award         :          R11 040 008.40
Nature of interest           :          Direct beneficial
Clearance obtained           :          Yes
Prescribed officer           :   AFS Kriek
Company                      :   Raubex
Date of acceptance           :   15 August 2025
Nature of transaction        :   Off-market acceptance of long-term incentive
                                 conditional performance share awards which will
                                 vest in August 2028, subject to the achievement of
                                 agreed performance and employment conditions
Class of securities          :   Ordinary shares
Number of performance shares :   213 502
Award price                  :   R45.72
Total value of award         :   R9 761 311.44
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes


Prescribed officer           :   D Rencken
Company                      :   Raubex
Date of acceptance           :   15 August 2025
Nature of transaction        :   Off-market acceptance of long-term incentive
                                 conditional performance share awards which will
                                 vest in August 2028, subject to the achievement of
                                 agreed performance and employment conditions
Class of securities          :   Ordinary shares
Number of performance shares :   226 935
Award price                  :   R45.72
Total value of award         :   R10 375 468.20
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes


Prescribed officer           :   JG van der Bijl
Company                      :   Raubex
Date of acceptance           :   15 August 2025
Nature of transaction        :   Off-market acceptance of long-term incentive
                                 conditional performance share awards which will
                                 vest in August 2028, subject to the achievement of
                                 agreed performance and employment conditions
Class of securities          :   Ordinary shares
Number of performance shares :   231 740
Award price                  :   R45.72
Total value of award         :   R10 595 152.80
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes


Prescribed officer           :   WS Mazibuko
Company                      :   Raubex
Date of acceptance           :   15 August 2025
Nature of transaction        :   Off-market acceptance of long-term incentive
                                 conditional performance share awards which will
                                 vest in August 2028, subject to the achievement of
                                 agreed performance and employment conditions
Class of securities          :   Ordinary shares
Number of performance shares :   207 831
Award price                  :   R45.72
Total value of award         :   R9 502 033.32
Nature of interest           :   Direct beneficial
Clearance obtained           :   Yes
Prescribed officer              :       AJ Kruger
Company                         :       Raubex
Date of acceptance              :       15 August 2025
Nature of transaction           :       Off-market acceptance of long-term incentive
                                        conditional performance share awards which will
                                        vest in August 2028, subject to the achievement of
                                        agreed performance and employment conditions
Class of securities          :          Ordinary shares
Number of performance shares :          185 914
Award price                  :          R45.72
Total value of award         :          R8 499 988.08
Nature of interest           :          Direct beneficial
Clearance obtained           :          Yes


Company Secretary               :       GM Chemaly
Company                         :       Raubex
Date of acceptance              :       15 August 2025
Nature of transaction           :       Off-market acceptance of long-term incentive
                                        conditional performance share awards which will
                                        vest in August 2028, subject to the achievement of
                                        agreed performance and employment conditions
Class of securities          :          Ordinary shares
Number of performance shares :          69 565
Award price                  :          R45.72
Total value of award         :          R3 180 511.80
Nature of interest           :          Direct beneficial
Clearance obtained           :          Yes

The award price of the long-term incentive conditional performance share awards as detailed
above is based on the volume weighted average share price (VWAP) of the shares as traded
on the JSE Limited for the 20 (twenty) business day period ending on the last business day of
the month preceding the month in which the decision to award the performance shares is
determined, namely 30 June 2025, as determined by the Scheme rules.


Centurion
21 August 2025

Sponsor
Investec Bank Limited

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

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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.