AVI LIMITED - Dealing in AVI Shares By an AVI Director

Dealing in AVI Shares By an AVI Director

AVI Limited
Registration Number: 1944/017201/06
Share Code: AVI
ISIN: ZAE000049433
("AVI" or "the Company")

DEALING IN AVI SHARES BY AN AVI DIRECTOR

In compliance with Rules 3.63 – 3.74 of the Listings Requirements
of the JSE Limited ("the JSE"), the following information is
disclosed:

Name of director             :   Michael Koursaris
Date of transaction          :   28 May 2025
Number of shares granted     :   37 899
Option allocation price      :   R69.23
Total value of transaction   :   R2 623 747.77
Class of securities          :   Ordinary shares
Nature of transaction        :   Acceptance of shares awarded in
                                 terms of the AVI Revised
                                 Executive Share Incentive Scheme
Extent of interest           :   Direct beneficial

The above transaction was done off-market.

Name of director             :   Michael Koursaris
Date of transaction          :   28 May 2025
Number of shares             :   37 899
Price per share              :   R94.00
Total value of transaction   :   R3 562 506.00
Class of securities          :   Ordinary shares
Nature of transaction        :   Sale of shares accepted as above
Extent of interest           :   Direct beneficial

The above transaction was done on-market.

Name of director             :   Michael Koursaris
Date of transaction          :   28 May 2025
Number of shares granted     :   26 876
Option allocation price      :   R73.85
Total value of transaction   :   R1 984 792.60
Class of securities          :   Ordinary shares
Nature of transaction        :   Acceptance of shares awarded in
                                 terms of the AVI Revised
                                 Executive Share Incentive Scheme
Extent of interest           :   Direct beneficial

The above transaction was done off-market.

Name of director             :   Michael Koursaris
Date of transaction          :   28 May 2025
Number of shares             :   26 876
Price per share              :   R94.00
Total value of transaction   :   R2 526 344.00
Class of securities          :   Ordinary shares
Nature of transaction        :   Sale of shares accepted as above
Extent of interest           :   Direct beneficial

The above transaction was done on-market.

Clearance to deal in these shares was obtained in accordance with
AVI's policy with regard to director's dealings as well as the
Listings Requirements of the JSE.

Illovo
Sandton
29 May 2025

Sponsor
The Standard Bank of South Africa Limited

Date: 29-05-2025 11:12:00
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