OUTsurance GROUP LIMITED - Acceptance of shares by directors, company secretary and a director and company secretary of a major subsidiary

Acceptance of shares by directors, company secretary and a director and company secretary of a major subsidiary

OUTsurance Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2010/005770/06)
ISIN: ZAE000314084
Share code: OUT
("OGL" or "the company")

ACCEPTANCE OF SHARES BY DIRECTORS AND COMPANY SECRETARY OF THE
COMPANY AND BY A DIRECTOR AND COMPANY SECRETARY OF A MAJOR
SUBSIDIARY OF THE COMPANY

In terms of OGL's Conditional Share Plan (CSP), executive
directors and company secretaries of the company and major
subsidiaries of the company are awarded performance shares
annually, the vesting of which is subject to the achievement of
pre-determined, forward-looking performance conditions and the
fulfilment of the employment condition for a period of three years
from the award date. The deemed value per share was calculated as
the 15-day volume weighted average OGL share price as at
25 September 2025.

OGL shareholders are advised of the following acceptances of share
awards by directors of OGL, its company secretary and by a
director and company secretary of a major subsidiary of OGL.

Director                      :   MC Visser
Company                       :   OGL
Date of acceptance            :   15 October 2025
Nature of transaction         :   Off-market acceptance of award
                                  of shares in terms of the CSP
Class of securities           :   Performance shares linked to
                                  OGL ordinary shares in terms of
                                  the CSP vesting conditions
Vesting period                :   Three years from annual award
                                  date
Number of securities          :   166 754
Deemed value per share        :   7 523 cents
Total deemed value of
transaction                   :   R12 544 903
Nature of interest            :   Direct beneficial
Clearance obtained            :   Yes

Director                      :   DH Matthee
Company                       :   OUTsurance Insurance Company
                                  Limited
Date of acceptance            :   15 October 2025
Nature of transaction         :   Off-market acceptance of award
                                  of shares in terms of the CSP
Class of securities           :   Performance shares linked to
                                  OGL ordinary shares in terms of
                                  the CSP vesting conditions
Vesting period                :   Three years from annual award
                                  date
Number of securities          :   134 051
Deemed value per share        :   7 523 cents
Total deemed value of
transaction                   :   R10 084 657
Nature of interest            :   Direct beneficial
Clearance obtained            :   Yes

Director                      :   JH Hofmeyr
Company                       :   OGL
Date of acceptance            :   15 October 2025
Nature of transaction         :   Off-market acceptance of award
                                  of shares in terms of the CSP
Class of securities           :   Performance shares linked to
                                  OGL ordinary shares in terms of
                                  the CSP vesting conditions
Vesting period                :   Three years from annual award
                                  date
Number of securities          :   123 672
Deemed value per share        :   7 523 cents
Total deemed value of
transaction                   :   R9 303 845
Nature of interest            :   Direct beneficial
Clearance obtained            :   Yes

Company secretary             :   JS Human
Company                       :   OGL
Date of acceptance            :   15 October 2025
Nature of transaction         :   Off-market acceptance of award
                                  of shares in terms of the CSP
Class of securities           :   Performance shares linked to
                                  OGL ordinary shares in terms of
                                  the CSP vesting conditions
Vesting period                :   Three years from annual award
                                  date
Number of securities          :   15 387
Deemed value per share        :   75.23 cents
Total deemed value of
transaction                   :   R1 157 564
Nature of interest            :   Direct beneficial
Clearance obtained            :   Yes

Company secretary             :   ZM Waterston
Company                       :   OUTsurance Holdings Limited
Date of acceptance            :   15 October 2025
Nature of transaction         :   Off-market acceptance of award
                                  of shares in terms of the CSP
Class of securities           :   Performance shares linked to
                                  OGL ordinary shares in terms of
                                  the CSP vesting conditions
Vesting period                :   Three years from annual award
                                  date
Number of securities          :   5 973
Deemed value per share        :   7 523 cents
Total deemed value of
transaction                   :   R449 349
Nature of interest            :   Direct beneficial
Clearance obtained            :   Yes


Centurion
21 October 2025

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 21-10-2025 07:15:00
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.