HULAMIN LIMITED - Vesting of shares awarded to a director and subsequent disposal of shares

Vesting of shares awarded to a director 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 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 partial disposal of those shares by a director of Hulamin, as set out below.


 Name of recipient:                              M Gounder – Executive Director
 Name of company:                                Hulamin Limited
 Nature of transaction:                          Off-market delivery of Performance Shares
                                                 awarded in terms of the Share Plan and the
                                                 subsequent on-market partial disposal of those
                                                 shares
 Date of Award:                                  1 September 2021
 Date of vesting of Award:                       27 May 2024
 Date of delivery of Award:                      19 June 2024

 Number of Performance Shares vested:            349 070
 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):     R1,343,919.50

 Number of Performance Shares disposed of:       158 151
 Date of disposal:                               19 June 2024
 Price per share:                                R3.60
 Total value of Performance Shares disposed
 of on-market:                                   R569,343.60

 Type of interest:                               Direct beneficial
 Clearance to deal obtained:                     Yes


Pietermaritzburg
20 June 2024

Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 20-06-2024 12:13:00
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