AVI Limited
Registration Number: 1944/017201/06
Share Code: AVI
ISIN: ZAE000049433
(“AVI” or “the Company”)

DEALING IN AVI SHARES BY AN AVI DIRECTOR AND THE COMPANY SECRETARY

In compliance with Rules 3.63 – 3.74 of the Listings Requirements
of the JSE Limited (“the JSE”), the following information is
disclosed:

Name of director             :   Michael Koursaris
Date of transaction          :   14 March 2024
Number of shares granted     :   39
Option allocation price      :   R89.27
Total value of transaction   :   R3 481.53
Class of securities          :   Ordinary shares
Nature of transaction        :   Acceptance of shares awarded in
                                 terms of the AVI Revised
                                 Executive Share Incentive Scheme
Extent of interest           :   Direct beneficial

The above transaction was done off-market.

Director                     :   Michael Koursaris
Date of transaction          :   14 March 2024
Number of shares granted     :   39
Price per share              :   R92.50
Total value of transaction   :   R3 607.50
Class of securities          :   Ordinary shares
Nature of transaction        :   Sale of shares accepted as above
Extent of interest           :   Direct beneficial

The above transaction was done on-market.

Company Secretary            :   Sureya Scheepers
Date of transaction          :   14 March 2024
Number of shares granted     :   1 299
Option allocation price      :   R83.91
Total value of transaction   :   R108 999.09
Class of securities          :   Ordinary shares
Nature of transaction        :   Acceptance of shares awarded in
                                 terms of the AVI Revised
                                 Executive Share Incentive Scheme
Extent of interest           :   Direct beneficial

The above transaction was done off-market.

Company Secretary            :   Sureya Scheepers
Date of transaction          :   14 March 2024
Number of shares granted     :   1 299
Price per share              :   R92.50
Total value of transaction   :   R120 157.50
Class of securities          :   Ordinary shares
Nature of transaction        :   Sale of shares accepted as above
Extent of interest           :   Direct beneficial

The above transaction was done on-market.

Company Secretary            :   Sureya Scheepers
Date of transaction          :   14 March 2024
Number of shares granted     :   1 901
Option allocation price      :   R74.52
Total value of transaction   :   R141 662.52
Class of securities          :   Ordinary shares
Nature of transaction        :   Acceptance of shares awarded in
                                 terms of the AVI Revised
                                 Executive Share Incentive Scheme
Extent of interest           :   Direct beneficial

The above transaction was done off-market.

Company Secretary            :   Sureya Scheepers
Date of transaction          :   14 March 2024
Number of shares granted     :   1 901
Price per share              :   R92.50
Total value of transaction   :   R175 842.50
Class of securities          :   Ordinary shares
Nature of transaction        :   Sale of shares accepted as above
Extent of interest           :   Direct beneficial

The above transaction was done on-market.

Clearance to deal in these shares was obtained in accordance with
AVI’s policy with regard to director’s dealings as well as the
Listings Requirements of the JSE.

Illovo
Sandton
15 March 2024

Sponsor
The Standard Bank of South Africa Limited