SPUR CORPORATION LIMITED - Dealing in Securities Pursuant to Long-Term Share Incentive Schemes

Dealing in Securities Pursuant to Long-Term Share Incentive Schemes

SPUR CORPORATION LIMITED
(Incorporated in the Republic of South Africa
Registration number 1998/000828/06
Share code: SUR
ISIN: ZAE000022653
("Spur" or "the company")

DEALING IN SECURITIES PURSUANT TO LONG-TERM SHARE INCENTIVE SCHEMES

Share Appreciation Rights ("SARs") exercised in accordance with the 2020 SAR Scheme

In compliance with the requirements of paragraphs 3.63 to 3.74 of the JSE Limited Listings
Requirements, details of the following trades relating to equity-settled SARs previously awarded to
directors on 7 October 2021 ("Award Date") and vested on 7 October 2024 ("Vesting Date) (as
announced on SENS on 8 October 2024), should be noted:

Name:                                               Cristina Teixeira
Designation:                                        Executive Director (CFO)
Nature of transaction                               Exercise of SARs and retention of resulting
                                                    Spur Shares
Number of SARs exercised                            229 954 of 229 954
Number of shares acquired and retained              96 920
Purchase price per share                            R32.98
Value of purchase transaction                       R3 196 225
Exercise Date                                       11 March 2025
Trade date                                          12 March 2025
On/off market:                                      On market
Prior permission to deal:                           Obtained
Nature of interest:                                 Direct beneficial

Name:                                               Kevin Robertson
Designation:                                        Executive Director (COO)
Nature of transaction                               Exercise of SARs and retention of resulting
                                                    Spur Shares
Number of SARs exercised                            175 133 of 175 133
Number of shares acquired and retained              74 670
Purchase price per share                            R33.07
Value of purchase transaction                       R2 469 315
Exercise Date                                       7 March 2025
Trade date                                          10 March 2025
On/off market:                                      On market
Prior permission to deal:                           Obtained
Nature of interest:                                 Direct beneficial

In terms of the 2020 SAR Scheme Rules, these shares are subject to a two-year holding period
commencing on the Exercise Date. During the holding period, the executive director is entitled to
dividends and the voting rights attached to the shares, but may not dispose of the shares.

In terms of the Malus and Clawback Policy, clawback provisions will apply to the resulting shares for
a period of three years following the Exercise Date.

Cape Town
12 March 2025

Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 12-03-2025 05:15:00
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