PPC LIMITED - Dealings in Securities

Dealings in Securities

PPC Ltd
(Incorporated in the Republic of South Africa)
(Company registration number 1892/000667/06)
JSE ISIN: ZAE000170049
JSE code: PPC / ZSE code: PPC
("PPC" or "the company" or "the group")

DEALINGS IN SECURITIES

In accordance with the PPC Limited Long Term Incentive Plan 2021 ("LTIP"), at the end of each financial
year ("performance measurement period") and provided the predefined performance goals during the
performance measurement period are achieved, the group, on recommendation of the company's
reward and talent committee, make long-term incentive awards to eligible employees within the group
("participants"). The long-term incentive awards are settled as forfeitable PPC ordinary shares
("forfeitable shares"). Forfeitable shares are acquired on-market for the direct benefit of all participants,
up to the aggregate final incentive value due to them. Thereafter, the forfeitable shares are allocated to
each of the participants, based on their individual incentive value. The forfeitable shares, once allocated
to the participants, remain subject to the vesting condition of continued employment and disposal
restrictions for a further three-year period.

The company hereby discloses the following information in relation to on-market acquisitions of
forfeitable shares, for the direct benefit of the participants, in relation to the LTIP awards for the FY26
performance measurement period.

 Date of transaction          Number of forfeitable           Price per share                Total value
                                             shares
                                                          VWAP      High       Low
 8 June 2026                                441 538      R6.99     R7.21     R6.70            R3 086 792
 9 June 2026                              1 493 279      R7.26     R7.33     R7.10           R10 837 472
 10 June 2026                               807 825      R7.40     R7.46     R7.28            R5 977 824
 11 June 2026                             1 780 211      R7.66     R7.88     R7.48           R13 638 553

Clearance to deal was obtained in terms of paragraph 6.83 of the JSE Listings Requirements.


Rosebank
12 June 2026


Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 12-06-2026 02:30:00
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