Enhanced Investments - Financial Portal

Dealing in securities by the Director of a Major Subsidiary

Published: 2025-09-10 17:33:36 ET

TIGER BRANDS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1944/017881/06)
Share code: TBS
ISIN: ZAE000071080
(“Tiger Brands” or the “Company”)


Dealing in securities by the Director of a Major Subsidiary

In compliance with paragraphs 3.63 – 3.74 of the Listings
Requirements of the JSE Limited, shareholders are advised of the
share transaction in accordance with the shares awarded in terms of
the Tiger Brands Black Managers Trust as set out below:

Director of a Major subsidiary:         NJ Ralebepa

Major Subsidiary:                       Tiger Consumer Brands Limited

Transaction Date:                       9 September 2025

Class of securities:                    Ordinary Shares

Nature of transaction:                  Off-market vesting, retention
                                        and on-market sale of
                                        ordinary shares

Number of Ordinary Shares vested:       6,074

Strike price per share:                 R17.1374

Number of Ordinary Shares sold:         2,990

Price per share:                        R300.4224

Total value of securities sold:         R898,262.98

Number of Ordinary Shares retained:     3,084

Price at which shares were retained:    R304.1200

Total value of the transaction:         R937,906.08

Nature of interest:                     Direct beneficial

In accordance with section 3.66 of the Listings Requirements,
the necessary clearance was obtained.

Bryanston
10 September 2025

Sponsor:
J.P. Morgan Equities South Africa Proprietary 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.