GRAND PARADE INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1997/003548/06)
Share code: GPL
ISIN: ZAE000119814
(“GPI” or “the Company”)



EXERCISE OF OPTIONS BY DIRECTORS IN TERMS OF THE GRAND PARADE SHARE
INCENTIVE TRUST


In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following
information regarding the exercise of options is disclosed:

1.
 NAME OF DIRECTOR                                  Mohsin Tajbhai

 COMPANY OF WHICH A DIRECTOR                       Grand Parade Investments Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                   Executive

 TYPE AND CLASS OF SECURITIES                      Options to acquire ordinary shares

 NATURE OF TRANSACTIONS                            Acquisition of shares in GPI through the
                                                   exercise of options awarded in terms of a share
                                                   incentive scheme
                                                   (Off-market transactions)               (1-2)

 DATE OF EXERCISE OF OPTIONS                       10 November 2022                       (1-2)

 OPTION STRIKE PRICE                               226 cents                              (1)

                                                   280 cents                              (2)

 NUMBER OF OPTIONS EXERCISED                       376 106                                (1)

                                                   227 679                                (2)

 TOTAL RAND VALUE OF OPTIONS                       R849 999.56                            (1)
 EXERCISED
                                                   R637 501.20                            (2)

 STRIKE DATE OF OPTIONS                            1 November 2022                        (1)

                                                   9 September 2022                       (2)

 PERIOD OF EXERCISE                                Participants have a 180 day period from the
                                                   strike date during which options can be
                                                   exercised                             (1-2)

 NATURE AND EXTENT OF INTEREST IN THE              Direct, beneficial                    (1-2)
 TRANSACTIONS
2.
 NAME OF DIRECTOR                                    Jayson October

 COMPANY OF WHICH A DIRECTOR                         Grand Parade Investments Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                     Executive

 TYPE AND CLASS OF SECURITIES                        Options to acquire ordinary shares

 NATURE OF TRANSACTION                               Acquisition of shares in GPI through the
                                                     exercise of options awarded in terms of a share
                                                     incentive scheme
                                                     (Off-market transaction)

 DATE OF EXERCISE OF OPTIONS                         10 November 2022

 OPTION STRIKE PRICE                                 280 cents

 NUMBER OF OPTIONS EXERCISED                         161 664

 TOTAL RAND VALUE OF OPTIONS
 EXERCISED                                           R452 659.20

 STRIKE DATE OF OPTIONS                              9 September 2022

 PERIOD OF EXERCISE                                  Participants have a 180 day period from the
                                                     strike date during which options can be
                                                     exercised

 NATURE AND EXTENT OF INTEREST IN THE                Direct, beneficial
 TRANSACTION


Clearance to deal in the securities by the directors was obtained in accordance with paragraph 3.66
of the JSE Limited Listings Requirements.

Cape Town
11 November 2021

Sponsor
PSG Capital