The Bidvest Group Limited (Incorporated in the Republic of South Africa) (Registration number 1946/021180/06) Share code: BVT ISIN ZAE000117321 ("Bidvest" or “the Group”) ACCEPTANCE OF SHARE APPRECIATION RIGHTS (“SAR”) BY THE COMPANY SECRETARY In compliance with Rules 3.63 – 3.74 of the JSE Listing Requirements, the following information is disclosed: The Company Secretary has accepted an allocation of SARs in terms of the 2016 Bidvest Share Appreciation Rights Scheme as follows: Company Secretary: Nonqaba Katamzi Number of Share Appreciation Rights: 22 000 Strike Price of Share Appreciation Rights: R201.59 Total value: R4 434 980 Date of Acceptance: 9 December 2022 Nature of transaction: Acceptance of rights – off market; vesting from year three onwards Nature of interest: Direct beneficial Clearance in terms of para 3.66 of the listings requirements was obtained from the Remuneration Committee of The Bidvest Group Limited. Date: 9 December 2022 Johannesburg Sponsor: Investec Bank Limited