Dealings in securities by directors, the group company secretary and prescribed officers AECI LIMITED Incorporated in the Republic of South Africa (Registration number: 1924/002590/06) Share code: AFE ISIN: ZAE000000220 Hybrid code: AFEP ISIN: ZAE000000238 Bond company code: AECI LEI: 3789008641F1D3D90E85 (AECI or the Company) DEALINGS IN SECURITIES BY DIRECTORS, THE GROUP COMPANY SECRETARY AND PRESCRIBED OFFICERS Acceptance of awards of performance shares: Long-term Incentive Plan (LTIP) In compliance with the JSE Limited Listings Requirements and Debt Listings Requirements, the following information is disclosed: In terms of the standard rules of the Company's LTIP, participants have been allocated a new award of performance shares in line with an annual process. These will convert into AECI ordinary shares and will vest three years after the grant date of 12 April 2024, subject to the performance conditions attached to each allocation being met. The performance shares were issued at the grant price as indicated below and were accepted off-market on 25 April 2024 as follows: Name Position and company No. of shares Grant price Value H Riemensperger Chief Executive, AECI 120,323 R93.2500 R11,220,119.75 R Gabriels Chief Financial Officer, AECI 69,668 R93.2500 R6,496,541.00 C Singh Group Company Secretary, AECI 31,758 R93.2500 R2,961,433.50 DK Murray Prescribed Officer, AECI 38,103 R93.2500 R3,553,104.75 Clearance has been obtained from the Chairman in respect of the above transactions. All interests are direct beneficial. Woodmead, Sandton 26 April 2024 Equity and Debt Sponsor: Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 26-04-2024 09:00:00 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.