SALUNGANO GROUP LIMITED - Dealing in securities by an associate of a director

Dealing in securities by an associate of a director

SALUNGANO GROUP LIMITED
(previously known as Wescoal Holdings Limited)
Incorporated in the Republic of South Africa
(Registration number 2005/006913/06)
Share code: SLG
ISIN: ZAE000306890
(“Salungano Group” or “the Company”)

DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR

In terms of paragraphs 3.63 - 3.66 of the JSE Limited Listings Requirements, the following
information, relating to the dealing in securities, is disclosed:

Name of associate:                 RBFT Investments Proprietary Limited (“RBFT”)
Name of director:                  MR Ramaite
Class of securities:               Ordinary shares

Date of transaction:               15 December 2022
Number of securities:              102 000
Average price per security:        99.88242 cents
Lowest price per security:         99 cents
Highest price per security:        100 cents
Total value:                       R101 880.07

Date of transaction:               19 December 2022
Number of securities:              120 639
Average price per security:        108.00552 cents
Lowest price per security:         100 cents
Highest price per security:        110 cents
Total value:                       R130 296.78

Nature of the transaction:         Purchase of Salungano ordinary shares on-market by
                                   RBFT, an associate of Mr Ramaite. Mr Ramaite is a
                                   director of, and has an indirect beneficial interest in,
                                   RBFT.

Extent of interest of director:    Indirect beneficial
Extent of interest of associate:   Direct beneficial
Clearance to deal:                 Yes

21 December 2022

Sponsor:
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 21-12-2022 09:57:00
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