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Dealing in securities of a major subsidiary

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Published: 2025-06-18 15:00:49 ET
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OCEANA GROUP LIMITED
Incorporated in the Republic of South Africa
Registration number     : 1939/001730/06
JSE / A2X share code : OCE
NSX share code          : OCG
OTCQX Share Code        : OCGPF
ISIN                    : ZAE000025284
("Oceana" or "the Company")


DEALING IN SECURITIES BY DIRECTORS OF A MAJOR SUBSIDIARY


In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited ("JSE"), shareholders
are advised of the following information relating to dealings in securities by directors of major subsidiary:

   The vesting and sale transactions, where applicable, occurred in terms of an employee share incentive plan. All
   sale transactions occurred on-market at the prevailing market related price following the vesting.

   Name of Director             : L De Waal
   Major Subsidiary             : Lucky Star Limited
   Date of Transaction          : 13 June 2025
   Class of Securities          : Ordinary Shares
   Price per Share              : R56,23
   Nature of Transaction        : Automatic Vesting and Sale of Shares
   Number of Securities         : 76 842
   Value of Transaction         : R4 320 894,82
   Nature of Interest           : Direct beneficial

   Name of Director             : S Salie
   Major Subsidiary             : Lucky Star Limited
   Date of Transaction          : 13 June 2025
   Class of Securities          : Ordinary Shares
   Price per Share              : R56,23
   Nature of Transaction        : Automatic vesting of 60 965 shares
   Value of Transaction         : R3 428 116,82
   Nature of Transaction        : Sale of 28 346 shares for settling of income tax obligations
   Value of Transaction         : R1 593 921,09
   Nature of Transaction        : Retention and delivery of 32 619 ordinary shares
   Value of Transaction         : R1 834 195,73
   Nature of Interest           : Direct beneficial

   Name of Director             : S Naidoo
   Major Subsidiary             : Lucky Star Limited
   Date of Transaction          : 13 June 2025
   Class of Securities          : Ordinary Shares
   Price per Share              : R56,23
   Nature of Transaction        : Automatic Vesting and Sale of Shares
   Number of Securities         : 18 210
   Value of Transaction         : R1 023 964,69
   Nature of Interest           : Direct beneficial

In accordance with section 3.66 of the Listings Requirements of the JSE, the necessary clearance was obtained
for the abovementioned dealing transactions.


18 June 2025
Cape Town

Sponsor – Primary Listing
The Standard Bank of South Africa Limited

Namibian Sponsor – Secondary Listing
Old Mutual Investment Services (Namibia) Proprietary Limited