Vesting of shares awarded to director of major subsidiary and subsequent disposal of shares HULAMIN LIMITED Incorporated in the Republic of South Africa (Registration number 1940/013924/06) ISIN: ZAE000096210 JSE Code: HLM ("Hulamin" or the "Company") VESTING OF SHARES AWARDED TO A DIRECTOR OF A MAJOR SUBSIDIARY IN TERMS OF THE EQUITY-SETTLED CONDITIONAL SHARE PLAN AND SUBSEQUENT DISPOSAL OF SHARES Shareholders are referred to the announcement published by the Company on SENS on 7 September 2021 wherein they were advised that Hulamin had granted awards of Performance Shares ("Award") in terms of its Equity-Settled Conditional Share Plan ("Share Plan"). Accordingly, shareholders are notified of the details of the vesting of the following Award, and the subsequent on-market disposal of those shares by a director of a major subsidiary of Hulamin, as set out below. Name of recipient: MA Janneker – Director of major subsidiary Name of subsidiary: Hulamin Operations Proprietary Limited Nature of transaction: Off-market delivery of Performance Shares awarded in terms of the Share Plan and the subsequent on-market disposal of those shares Date of Award: 1 September 2021 Date of vesting of Award: 27 May 2024 Date of delivery of Award: 28 May 2024 Number of Performance Shares vested: 269 982 Issue price: Rnil (Free of charge) Notional value of transaction (based on an implied price of R3.85 per Hulamin share, being the closing price of the date immediately preceding the date of vesting): R1 039 430.70 Number of Performance Shares disposed of: 269 982 Date of disposal: 28 May 2024 Price per share: R3.94 Total value of Performance Shares disposed of on-market: R1 063 729.08 Type of interest: Direct beneficial Clearance to deal obtained: Yes Pietermaritzburg 30 May 2024 Sponsor Questco Corporate Advisory Proprietary Limited Date: 30-05-2024 04:57:00 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.