SUPER GROUP LIMITED - Dealing in Securities by a Director of a Major Subsidiary

Dealing in Securities by a Director of a Major Subsidiary

Super Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1943/016107/06)
Share code: SPG
ISIN: ZAE000161832
Legal Entity Identifier: 378900A8FDADE26AD654
Debt Company Code: BISGL
("Super Group" or the "Company")


DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY

1. In compliance with paragraphs 3.63 to 3.66 of the JSE Limited ("JSE")
   Listings Requirements and paragraphs 6.42 to 6.45 of the JSE Debt
   Listings Requirements (collectively "JSE Listings Requirements"),
   shareholders and noteholders are advised that a director of a major
   subsidiary of Super Group has, in terms of the Share Appreciation Right
   Scheme 2005, been issued shares in terms of previously accepted grants
   that have vested.

   The grants that have vested have been awarded in terms of performance
   conditions for the financial year ended 30 June 2023 and the shares have
   been issued to the following director.

   Name of director   Number of Share    Number of Shares    Nature of interest
                         Appreciation          Issued (1)
                      Rights ("SARS")
   Graeme Watson*             200 000              84 088    Direct, Beneficial


   Date of transfer           15 November 2023
   Nature of transaction      Issue of shares
   Class of securities        Ordinary shares
   Strike price of SARS       R19.98
   Weighted average
   Exercise Price of SARS     R34.4745
   Vesting date               Following approval by the Remuneration
                              Committee based on the audited results for
                              the year ended 30 June 2023

  (1)   The number of shares issued is calculated by the total gain on the
        SARS, which is the difference between the strike price and the
        exercise price multiplied by the number of SARS. The gain is then
        divided by the exercise price to determine the number of shares
        issued.

2. In compliance with the JSE Listings Requirements, Super Group advises
   that it has been informed of the following dealings in its shares:

   Executive Director         Graeme Watson
   Company                    Super Group
   Date of transaction        15 November 2023
   Nature of transaction      Sale of shares on market
   Nature of interest         Direct, beneficial
   Class of securities        Ordinary shares
   Clearance to deal          Yes
   Number of shares sold      84 088
   Highest Price              R35.55
   Lowest Price               R35.50
   Volume Weighted Average
   Price                      R35.51
   Total value of
   transaction                R2 986 017.19

  * Graeme Watson is a Director of Allen Ford UK, a major subsidiary of
    Super Group


The required clearance per the JSE Listings Requirements was obtained.


Sandton
16 November 2023

Equity Sponsor: Investec Bank Limited

Debt Sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)

Date: 16-11-2023 03:05:00
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