Exercise of Options by Directors in terms of the Frontier Group Employee Option Scheme FRONTIER TRANSPORT HOLDINGS LIMITED (Incorporated in the Republic of South Africa) Registration number: 2015/250356/06 Share code: FTH ISIN: ZAE000300505 ("Frontier") EXERCISE OF OPTIONS BY DIRECTORS IN TERMS OF THE FRONTIER GROUP EMPLOYEE OPTION SCHEME ("SCHEME") In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the exercise of options is disclosed: NAME OF DIRECTOR FE Meyer COMPANY OF WHICH A DIRECTOR Frontier STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares NATURE OF TRANSACTION Exercise of award of options to acquire ordinary shares in terms of the Scheme (off-market transaction) DATE OF AWARD OF OPTIONS 16 March 2020 DATE OF EXERCISE OF OPTIONS 31 March 2025 OPTION STRIKE PRICE 696 cents (10% discount to Frontier's 20-day volume weighted average traded price prior to 18 March 2025) NUMBER OF OPTIONS EXERCISED 60 098 TOTAL RAND VALUE OF OPTIONS R418 282 VESTING DATES OF OPTIONS Vesting in tranches of 33.33% each on the 3rd, 4th and 5th anniversary of the option award date. PERIOD OF EXERCISE The director has a period of six months from the vesting date during which options can be exercised. NATURE AND EXTENT OF INTEREST IN Direct, beneficial THE TRANSACTION NAME OF DIRECTOR ML Wilkin COMPANY OF WHICH A DIRECTOR Frontier STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares NATURE OF TRANSACTION Exercise of award of options to acquire ordinary shares in terms of the Scheme (off-market transaction) DATE OF AWARD OF OPTIONS 16 March 2020 DATE OF EXERCISE OF OPTIONS 31 March 2025 OPTION STRIKE PRICE 696 cents (10% discount to Frontier's 20-day volume weighted average traded price prior to 18 March 2025) NUMBER OF OPTIONS EXERCISED 37 659 TOTAL RAND VALUE OF OPTIONS R262 107 VESTING DATES OF OPTIONS Vesting in tranches of 33.33% each on the 3rd, 4th and 5th anniversary of the option award date. PERIOD OF EXERCISE The director has a period of six months from the vesting date during which options can be exercised. NATURE AND EXTENT OF INTEREST IN Direct, beneficial THE TRANSACTION Clearance to exercise the above share option awards was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Cape Town 01 April 2025 Sponsor Investec Bank Limited Date: 01-04-2025 03:05:00 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.