AECI Limited (JSE:AFE) News - Dealings in securities by directors and prescribed officers AECI LIMITED Incorporated in the Republic of South Africa (Registration number: 1924/002590/06) Share code: AFE ISIN: ZAE000000220 Hybrid code AFEP ISIN: ZAE000000238 Bond company code AECI LEI: 3789008641F1D3D90E85 (AECI or the Company) DEALINGS IN SECURITIES BY DIRECTORS and PRESCRIBED OFFICERS In compliance with the JSE Limited Listings Requirements and Debt Listings Requirements, shareholders and noteholders are advised of the following sales under the AECI Long-term Incentive Plan (LTIP) in respect of the awards that vested on 14 April 2022: Name: Mark Dytor Position and company: Chief Executive, AECI Date of transaction: 25 April 2022 Nature of transaction: On-market sale of ordinary shares to settle the tax obligations arising from the LTIP awards Number of securities: 26 698 Class of securities: Ordinary shares VWAP per security: R97,8754 Total value of transaction: R2 613 077,43 Highest price per security R98,37 Lowest price per security R97,80 Extent of interest: Direct beneficial Clearance to deal obtained: Yes Name: Mark Kathan Position and company: Chief Financial Officer, AECI Date of transaction: 25 April 2022 Nature of transaction: On-market sale of ordinary shares to settle the tax obligations arising from the LTIP awards Number of securities: 18 381 Class of securities: Ordinary shares VWAP per security: R97,8754 Total value of transaction: R1 799 047,73 Highest price per security R98,37 Lowest price per security R97,80 Extent of interest: Direct beneficial Clearance to deal obtained: Yes Name: Dean Mulqueeny Position and company: Prescribed Officer, AECI Date of transaction: 25 April 2022 Nature of transaction: On-market sale of ordinary shares to settle the tax obligations arising from the LTIP awards Number of securities: 10 864 Class of securities: Ordinary shares VWAP per security: R97,8754 Total value of transaction: R1 063 318,35 Highest price per security R98,37 Lowest price per security R97,80 Extent of interest: Direct beneficial Clearance to deal obtained: Yes Name: Dean Murray Position and company: Prescribed Officer, AECI Date of transaction: 25 April 2022 Nature of transaction: On-market sale of ordinary shares to settle the tax obligations arising from the LTIP awards Number of securities: 10 724 Class of securities: Ordinary shares VWAP per security: R97,8754 Total value of transaction: R1 049 615,79 Highest price per security R98,37 Lowest price per security R97,80 Extent of interest: Direct beneficial Clearance to deal obtained: Yes Woodmead, Sandton 28 April 2022 Equity and Debt Sponsor: Rand Merchant Bank (A division of FirstRand Bank Limited) 2 Date: 28-04-2022 11:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.