FRONTIER TRANSPORT HOLDINGS LIMITED - Acceptance of options by directors in terms of the Frontier Group Employee Option Scheme (Scheme)

Acceptance of options by directors in terms of the Frontier Group Employee Option Scheme (“Scheme”)

FRONTIER TRANSPORT HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 2015/250356/06
Share code: FTH
ISIN: ZAE000300505
("Frontier" or the "Company")


ACCEPTANCE OF OPTIONS BY DIRECTORS IN TERMS OF THE FRONTIER GROUP EMPLOYEE OPTION SCHEME ("SCHEME")


In compliance with paragraphs 6.77 to 6.85 of the JSE Limited Listings Requirements, the following
information regarding the acceptance 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                           Acceptance of award of options to acquire
                                                 ordinary shares in terms of the Scheme (off-
                                                 market transaction)
 DATE OF AWARD OF OPTIONS                        27 January 2026
 DATE OF ACCEPTANCE OF OPTIONS                   23 February 2026
 OPTION STRIKE PRICE                             6.07 cents (10% discount to Frontier's 20-day
                                                 volume weighted average traded price prior to 19
                                                 November 2025)
 NUMBER OF OPTIONS ACCEPTED                      1 114 656
 TOTAL RAND VALUE OF OPTIONS                     R6 765 961.92
 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                                UJ Gribble
 COMPANY OF WHICH A DIRECTOR                     Frontier
 STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive
 TYPE AND CLASS OF SECURITIES                    Options to acquire ordinary shares
 NATURE OF TRANSACTION                           Acceptance of award of options to acquire
                                                 ordinary shares in terms of the Scheme (off-
                                                 market transaction)
 DATE OF AWARD OF OPTIONS                        27 January 2026
 DATE OF ACCEPTANCE OF OPTIONS                   23 February 2026
 OPTION STRIKE PRICE                             6.07 cents (10% discount to Frontier's 20-day
                                                 volume weighted average traded price prior to 19
                                                 November 2025)
 NUMBER OF OPTIONS ACCEPTED                      1 474 099
 TOTAL RAND VALUE OF OPTIONS                     R8 947 780.93
 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 accept the above share option awards was obtained in terms of paragraph 6.83 of the
JSE Limited Listings Requirements.

Cape Town
25 February 2026

Sponsor
Investec Bank Limited

Date: 25-02-2026 04:55:00
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