STEFANUTTI STOCKS HOLDINGS LIMITED - Vesting and Settlement of Forfeitable Share Plan Awards, Dealings in Securities by Directors of the Company and Directors of a Major Subsidiary

Vesting and Settlement of Forfeitable Share Plan Awards, Dealings in Securities by Directors of the Company and Directors of a Major Subsidiary

Stefanutti Stocks Holdings Limited
(Registration number 1996/003767/06)
Share code: SSK ISIN: ZAE000123766
(Main Board – General Segment)
(“Stefanutti Stocks” or “the company”)

VESTING AND SETTLEMENT OF FORFEITABLE SHARE PLAN AWARDS, DEALINGS IN SECURITIES BY DIRECTORS OF THE 
COMPANY AND DIRECTORS OF A MAJOR SUBSIDIARY

Shareholders are referred to the announcement published by the company on SENS on 31
August 2023, where shareholders were advised that the company had granted forfeitable share
awards in terms of the Stefanutti Stocks Holdings Limited Forfeitable Share Plan 2009, as
amended (“FSP”).

In compliance with paragraphs 6.77 to 6.89 of the Listings Requirements of the JSE Limited
(“JSE Listings Requirements”), shareholders are advised that the forfeitable share awards
granted to eligible employees on 30 August 2023, vested on 30 August 2026 in accordance with
the rules governing the operation of the FSP, as amended from time to time (“FSP Rules”). The
group awarded 10 050 000 shares under the FSP in August 2023, of which 9 840 000 vested on
30 August 2026.

In accordance with the FSP Rules, the company implemented a net settlement mechanism in
respect of the vested awards, whereby the number of treasury shares transferred to each
participant will be reduced by the number of shares notionally equivalent in value to the
applicable employees’ tax liability. The company will pay the resulting employees’ tax liability to
the South African Revenue Service, and each participant will receive the net number of shares
after settlement of the tax liability (“Net Settlement”).

Following the application of the Net Settlement mechanism, 5 412 000 treasury shares were
transferred to the participants.

The following dealings in securities by directors of the company are disclosed:

                                                  Russell Crawford                   Yolanda du Plessis
                                             (Chief Executive Officer)            (Chief Financial Officer)
                                                 Executive Director                  Executive Director
Date of transaction:                               31 August 2026                      31 August 2026
Price per share:                                        R6,00                              R6,00
Number of awards vested:                              1 155 000                           725 000
Number of shares transferred after Net                 635 250                            398 750
Settlement:
Value of shares transferred:                          R3 811 500                        R2 392 500
Class of securities:                      Ordinary shares of 0,00025 cent each
Nature of transaction:                    Off-market transfer of treasury shares pursuant to the vesting and
                                          Net Settlement of awards under the FSP
Nature of interest:                       Direct beneficial                          Direct beneficial

The following dealings in securities by directors of Stefanutti Stocks Proprietary Limited, a major
subsidiary of the company, are disclosed:

                                      Eric Wisse         Matthew Horwill      Mauro Donato         Shaun White
 Date of transaction:               31 August 2026       31 August 2026       31 August 2026      31 August 2026
 Price per share:                       R6,00                 R6,00              R6,00                R6,00
 Number of awards vested:              430 000               430 000            430 000              430 000
 Number of shares transferred          236 500               236 500            236 500              236 500
 after Net Settlement:
 Value of shares transferred:        R1 419 000            R1 419 000         R1 419 000           R1 419 000
 Class of securities:             Ordinary shares of 0,00025 cent each
 Nature of transaction:           Off-market transfer of treasury shares pursuant to the vesting and
                                  Net Settlement of awards under the FSP
 Nature of interest:              Direct beneficial      Direct beneficial   Direct beneficial   Direct beneficial

Clearance was obtained

1 September 2026
Johannesburg
Sponsor: Bridge Capital Advisors Proprietary Limited
Date: 01/09/2026 07:22:00
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