Availability of updated B-BBEE annual compliance report and change to board committee THE SPAR GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1967/001572/06) JSE Code: SPP ISIN: ZAE000058517 ("SPAR" or the "Company") AVAILABILITY OF UPDATED BROAD-BASED BLACK ECONOMIC EMPOWERMENT ("B-BBEE") ANNUAL COMPLIANCE REPORT AND CHANGE TO BOARD COMMITTEE Availability of updated B-BBEE annual compliance report SPAR shareholders ("Shareholders") are referred to the announcement published on SENS on Thursday, 21 December 2023 ("Announcement"), wherein Shareholders were advised, inter alia, of the availability of the Company's latest annual compliance report prepared pursuant to section 13G(2) of the Broad-Based Black Economic Empowerment Act, No. 53 of 2003, as amended, on SPAR's website ("Previous B-BBEE Report"). Shareholders are hereby advised that the Company's B-BBEE verification agents have issued an updated B-BBEE annual compliance report following the identification of an error in the Skills Development calculations. This has resulted in the B-BBEE rating recorded in the Previous B-BBEE Report moving from a Level 5 to a Level 4. The updated B-BBEE annual compliance report is now available on SPAR's website at: www.thespargroup.com/pdf/SPAR_BBBEE_Certificate_2023.pdf. Change to board committee In compliance with paragraph 3.59(c) of the JSE Limited Listings Requirements, Shareholders are hereby advised that Ms Funke Ighodaro, an Independent Non-Executive Director of the Company, has been appointed as a member of the Risk Committee with effect from Thursday, 22 February 2024. Pinetown 26 February 2024 Sponsor One Capital Date: 26-02-2024 03:30:00 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.