Enhanced Investments - Financial Portal

Dealing in securities by a Director of the Company and its major subsidiary

Published: 2026-02-10 16:37:26 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 a Director of the Company and its 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:                                  TA Govender

Transaction Date:                          5 February 2026

Class of securities:                       Ordinary Shares

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

Number of Ordinary Shares vested:          7,000

Number of Ordinary Shares sold:            7,000

Volume Weighted Average Price              R346.5969

Highest Price                              R348.00

Lowest Price                               R346.00

Total value of the transaction:            R2,426,178.30

Nature of interest:                        Direct beneficial

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

Waterfall City
10 February 2026

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

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

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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.