AVI LIMITED - Dealing in AVI shares by an AVI Director, Director of a Major Subsidiary, and the CoSec of a Major Subsidiary

Dealing in AVI shares by an AVI Director, Director of a Major Subsidiary, and the CoSec of a Major Subsidiary

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

DEALING IN AVI SHARES BY AN AVI DIRECTOR, DIRECTOR OF A MAJOR
SUBSIDIARY, AND THE COMPANY SECRETARY OF A MAJOR SUBSIDIARY

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             :   Justin O'Meara
Name of company              :   AVI
Date of transaction          :   10 October 2025
Number of options granted    :   76 162
Option allocation price      :   R72,99
Total value of transaction   :   R5 559 064.38
Class of securities          :   Ordinary shares
Nature of transaction        :   Acceptance of shares awarded in
                                 terms of the AVI Limited Out-
                                 Performance Scheme
Extent of interest           :   Direct beneficial

The above transaction was done off-market.

Name of director             :   Justin O'Meara
Name of company              :   AVI
Date of transaction          :   10 October 2025
Number of options granted    :   76 162
Price per share              :   R100.02
Total value of transaction   :   R7 617 723.24
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             :   Roelf van der Laan
Name of company              :   National Brands
Date of transaction          :   10 October 2025
Number of options granted    :   54 269
Option allocation price      :   R72,99
Total value of transaction   :   R3 961 094.31
Class of securities          :   Ordinary shares
Nature of transaction        :   Acceptance of shares awarded in
                                 terms of the AVI Limited Out-
                                 Performance Scheme
Extent of interest           :   Direct beneficial

The above transaction was done off-market.

Name of director             :   Roelf van der Laan
Name of company              :   National Brands
Date of transaction          :   10 October 2025
Number of options granted    :   54 269
Price per share              :   R98.50
Total value of transaction   :   R5 345 496.50
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 company secretary    :   Ahmed Ashfaque
Name of company              :   I&J Holding Company (Pty) Ltd
Date of transaction          :   10 October 2025
Number of options granted    :   931
Option allocation price      :   R73.43
Total value of transaction   :   R68 363.33
Class of securities          :   Ordinary shares
Nature of transaction        :   Acceptance of shares awarded in
                                 terms of the AVI Deferred Bonus
                                 Share Plan
Extent of interest           :   Direct beneficial

The above transaction was done off-market.

Name of company secretary    :   Ahmed Ashfaque
Name of company              :   I&J Holding Company (Pty) Ltd
Date of transaction          :   10 October 2025
Number of options granted    :   931
Price per share              :   R99.7594
Total value of transaction   :   R92 876.00
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
13 October 2025

Sponsor
The Standard Bank of South Africa Limited

Date: 13-10-2025 10:48:00
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