REUNERT LIMITED - Dealings in securities

Dealings in securities

REUNERT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1913/004355/06)
ISIN: ZAE000057428
JSE and A2X share code: RLO
("Reunert" or the "Company" or the "Group")

DEALINGS IN SECURITIES

In accordance with the requirements of paragraphs 3.63 to 3.66 of the JSE Limited Listings
Requirements, the following transactions by the Company's executive directors, prescribed officers and
company secretary ("Officers") are hereby disclosed.

Vesting of awards in terms of the Reunert Conditional Share Plan 2019 ("CSP") and subsequent
sale of vested ordinary shares in the Company ("Shares")

Shareholders of the Company are hereby advised of the:

•     Shares vested in the Officers in terms of the CSP, pursuant to the performance awards allocated
      in September 2020, valued at R79.6898 per Share, being the 20-day volume weighted average
      price ("VWAP") as at 20 November 2024 ("Share Price"); and

•     subsequent sale of all or a portion of the vested Shares by Officers, in accordance with the normal
      administrative processes of the CSP, wholly or partially in settlement of tax obligations, on
      25 November 2024, on-market, at a price equal to the Share Price.

    Officer               Number of vested        Value of vested      Number of sale         Value of sale
                                    Shares                 Shares              Shares                Shares
    Executive directors
    AE Dickson                     400 816            R31 940 947             400 816           R31 940 947
    NA Thomson                     230 625            R18 378 460             230 625           R18 378 460
    M Moodley                      124 835             R9 948 076             124 835            R9 948 076
    Prescribed officers
    TC Raman                        66 625             R5 309 333              30 980            R2 468 790
    GW Eddey                        25 625             R2 042 051              25 625            R2 042 051

The nature and extent of the interest of the above Officers is direct beneficial and the prescribed
clearance to trade was received.

Allocation of awards

In accordance with the rules of the CSP ("Rules"), the allocation of awards as set out in the table below
was approved on 27 November 2024 on behalf of the Company's Remuneration Committee. The CSP
awards detailed below may entitle Officers to Shares in the future, to the extent that employment and
performance conditions are met over a 4-year and/or 5-year period.

The nature and extent of the interest of the Officers is direct beneficial. The following CSP awards were
allocated to, and accepted by, Officers, off-market, and the prescribed clearance to trade was received:

 Participant                           CSP awards – subject to         Indicative transaction value*
                                    conditions measured over a         based on the Company's 20-day
                                   4-year and/or 5-year period           VWAP as at 20 November 2024
                                                                               of R79.6898 per Share
 Executive directors
 AE Dickson                                            187 419                           R14 935 383
 M Moodley                                              71 899                            R5 729 617
 Prescribed officers
 T Raman                                                59 500                            R4 741 543
 GW Eddey                                               59 500                            R4 741 543
 G de Kock                                              59 500                            R4 741 543
 Group company secretary
 K Louw                                                  6 737                              R536 870

* The transaction value relating to the CSP awards is indicative only, as vesting is subject to certain
conditions. The actual transaction values will only be determinable when the CSP awards vest, in
accordance with the Rules, at the end of the relevant period.


Sandton
29 November 2024

Sponsor
One Capital

Date: 29-11-2024 12:17:00
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