Dealing in Securities by an Associate of a Director Altron LIMITED (Registration number 1947/024583/06) (Incorporated in the Republic of South Africa) Share Code: AEL ISIN: ZAE000191342 DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : Mr AC Ball Title : Non-Executive Director Director : Mr T Ngara Title : Non-Executive Director Company : Allied Electronics Corporation Limited Name of Associate : Value Capital Partners (Pty) Ltd* Relationship : The Directors have an indirect beneficial interest in Value Capital Partners* Date of transaction : 14 November 2023 Class of securities : Altron A ordinary shares Number of securities : 207 846 Lowest Price per security : R 8.80 Highest Price per security : R 9.00 VWAP : R 8.876092 Value of transaction : R 1 844 860.21 Nature of transaction : On-market purchase of securities Nature of interest : Indirect, Beneficial Clearance to deal obtained : Yes Date of transaction : 16 November 2023 Class of securities : Altron A ordinary shares Number of securities : 2 252 238 Lowest Price per security : R 9.70 Highest Price per security : R 10.00 VWAP : R 9.781765 Value of transaction : R 22 030 826.84 Nature of transaction : On-market purchase of securities Nature of interest : Indirect, Beneficial Clearance to deal obtained : Yes * Mr AC Ball and Mr T Ngara have an indirect beneficial interest in Value Capital Partners ("VCP"), which is the registered investment manager to Value Capital Partners H4 QI Hedge Fund and various other funds Johannesburg 17 November 2023 Sponsor Investec Bank Limited Date: 17-11-2023 04:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.