Dealings in securities AVI Limited (Incorporated in the Republic of South Africa) Registration Number 1944/017201/06 Share Code: AVI ISIN: ZAE000049433 ("AVI" or "the Company") ACCEPTANCE OF SHARE OPTIONS BY AVI DIRECTORS AND DIRECTORS OF MAJOR SUBSIDIARIES In compliance with sections 3.63 – 3.74 of the Listings Requirements of the JSE Limited, the following information is disclosed: Director : Simon Crutchley Company : AVI Date of transaction : 21 June 2024 Nature of transaction : Acceptance of options in the AVI Revised Executive Share Incentive Scheme Class of securities : Options in respect of ordinary shares Number of options granted : 408 319 Option allocation price : R91.54 Total value of transaction : R37,377,521.26 Vesting period : 3 years Nature and extent of Director's interest : Direct beneficial On-market or off-market : Off-market Clearance obtained : Yes Director : Michael Koursaris Company : AVI Date of transaction : 21 June 2024 Nature of transaction : Acceptance of options in the AVI Revised Executive Share Incentive Scheme Class of securities : Options in respect of ordinary shares Number of options granted : 169 501 Option allocation price : R91.54 Total value of transaction : R15,516,121.54 Vesting period : 3 years Nature and extent of Director's interest : Direct beneficial On-market or off-market : Off-market Clearance obtained : Yes Director : Roelf van der Laan Company : National Brands Limited Date of transaction : 21 June 2024 Nature of transaction : Acceptance of options in the AVI Revised Executive Share Incentive Scheme Class of securities : Options in respect of ordinary shares Number of options granted : 38 583 Option allocation price : R91.54 Total value of transaction : R3,531,887.82 Vesting period : 3 years Nature and extent of Director's interest : Direct beneficial On-market or off-market : Off-market Clearance obtained : Yes Director : Gaynor Poretti Company : National Brands Limited Date of transaction : 21 June 2024 Nature of transaction : Acceptance of options in the AVI Revised Executive Share Incentive Scheme Class of securities : Options in respect of ordinary shares Number of options granted : 54 621 Option allocation price : R91.54 Total value of transaction : R5,000,006.34 Vesting period : 3 years Nature and extent of Director's interest : Direct beneficial On-market or off-market : Off-market Clearance obtained : Yes Director : Roger Coppin Company : Irvin & Johnson Holding Company (Pty) Ltd Date of transaction : 21 June 2024 Nature of transaction : Acceptance of options in the AVI ` Revised Executive Share Incentive Scheme Class of securities : Options in respect of ordinary shares Number of options granted : 60 083 Option allocation price : R91.54 Total value of transaction : R5,499,997.82 Vesting period : 3 years Nature and extent of Director's interest : Direct beneficial On-market or off-market : Off-market Clearance obtained : Yes Illovo 21 June 2024 Sponsor The Standard Bank of South Africa Limited Date: 21-06-2024 02:42:00 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.