TIGER BRANDS LIMITED - Dealing in securities by the Director of a Major Subsidiary

Dealing in securities by the Director of a 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 the Director of a 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 of a Major subsidiary:         NJ Ralebepa

Major Subsidiary:                       Tiger Consumer Brands Limited

Transaction Date:                       9 September 2025

Class of securities:                    Ordinary Shares

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

Number of Ordinary Shares vested:       6,074

Strike price per share:                 R17.1374

Number of Ordinary Shares sold:         2,990

Price per share:                        R300.4224

Total value of securities sold:         R898,262.98

Number of Ordinary Shares retained:     3,084

Price at which shares were retained:    R304.1200

Total value of the transaction:         R937,906.08

Nature of interest:                     Direct beneficial

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

Bryanston
10 September 2025

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

Date: 10-09-2025 04:33:00
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