TIGER BRANDS LIMITED - Dealing in securities by a Director of the Company and its major subsidiary

Dealing in securities by a Director of the Company and its major subsidiary

TIGER BRANDS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1944/017881/06)
Share code: TBS
ISIN: ZAE000071080
("Tiger Brands" or the "Company")

Dealing in securities by a Director of the Company and its major
subsidiary

In compliance with paragraphs 3.63 – 3.74 of the Listings Requirements of the JSE
Limited, shareholders are advised of the share transaction in accordance with the
shares awarded in terms of the Tiger Brands Black Managers Trust as set out
below:

Director:                                  TA Govender

Transaction Date:                          5 February 2026

Class of securities:                       Ordinary Shares

Nature of transaction:                     Off-market vesting and on-market sale
of ordinary shares

Number of Ordinary Shares vested:          7,000

Number of Ordinary Shares sold:            7,000

Volume Weighted Average Price              R346.5969

Highest Price                              R348.00

Lowest Price                               R346.00

Total value of the transaction:            R2,426,178.30

Nature of interest:                        Direct beneficial

In accordance with section 3.66 of the Listings Requirements, the
necessary clearance was obtained.

Waterfall City
10 February 2026

Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited

Date: 10-02-2026 03:37:00
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