Pick n Pay Stores Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1968/008034/06)
JSE share code: PIK
ISIN: ZAE000005443
(“Pick n Pay” or “the Group”)

DEALINGS IN SECURITIES BY A DIRECTOR, COMPANY SECRETARY AND THE GROUP

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, shareholders are
advised of the following dealings in Pick n Pay securities:

Company Secretary                                   Vaughan Pierce
Company                                             Pick n Pay
Date of transaction                                 25 June 2025
Nature of transaction                               On-market sale of ordinary shares
Number of securities                                6 000
Class of securities                                 Ordinary shares
Sale price per security                             R27.197
Total value of transaction                          R163 182.00
Nature of interest                                  Direct beneficial
Clearance obtained                                  Yes

Director                                            Lerena Olivier
Company                                             Pick n Pay

Date of transaction                                 25 June 2025
Nature of transaction                               On-market sale of shares to fund tax
                                                    obligations arising on vesting of shares
                                                    in terms of the Group’s Restricted
                                                    Forfeitable Share Plan
Number of securities                                16 182
Class of securities                                 Ordinary shares
Sale price per security                             R27.197
Total value of transaction                          R440 101.85

Date of transaction                                 25 June 2025
Nature of transaction                               Off-market acceptance of Restricted
                                                    Forfeitable Shares awarded in terms of
                                                    the Group’s Restricted Forfeitable
                                                    Share Plan
Number of securities                                234,666
Class of securities                                 Ordinary shares
Deemed price per security*                          R30.00
Deemed value of transaction                         R7 040 000.00
Nature of interest                                  Direct beneficial
Clearance obtained                                  Yes
*The Restricted Forfeitable Shares are issued at nil cost, at an agreed deemed price of R30.00 per
Restricted Forfeitable Share.

The Restricted Forfeitable Shares will vest on 25 June 2027, subject to the achievement of specific
performance conditions, including both personal key performance indicators and financial metrics
linked to the Group’s financial performance. Dividends accruing during the performance period will be
payable upon vesting, pro-rated to the number of shares that ultimately vest.

DEALINGS IN SECURITIES BY THE PICK N PAY GROUP

In compliance with Schedule 14.9 and paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the
following information is provided regarding dealings in securities by the Group. The Group purchased
920 513 Pick n Pay ordinary shares on the open market of the Johannesburg Stock Exchange that will
be utilised for the future settlement of share awards issued under the Pick n Pay Restricted Forfeitable
Share Plan.

The ordinary shares were acquired with prior clearance and on a direct beneficial basis. The shares will
be held in treasury until such time that the shares have vested under the rules of the long-term
incentive plan. The total transaction value amounted to R25 096 406.20.

The daily high, low and volume-weighted average price (“VWAP”) for the various transactions effected
by the Group were:

   Acquisition          Number of              VWAP          Total value       Highest Price       Lowest Price
         date              shares
                                     Cents per share               ZAR      Cents per share     Cents per share
 25 June 2025             920 513           2 726.35     R25 096 406.20            2 747.00            2 682.00

By order of the Board
Cape Town
30 June 2025

Sponsor:
RAND MERCHANT BANK (A division of FirstRand Bank Limited)