AVI LIMITED - Dealing in AVI Shares by Director of Major Subsidiary

Dealing in AVI Shares by Director of Major Subsidiary

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

            DEALING IN AVI SHARES BY DIRECTOR OF MAJOR SUBSIDIARY

            In compliance with Rules 6.77 – 6.80 of the Listings Requirements
            of the JSE Limited (“the JSE”), the following information is
            disclosed:

            Name of director             :   Roelf van der Laan
            Name of major subsidiary     :   National Brands Limited
            Date of transaction          :   20 October 2026
            Number of options granted    :   2 226
            Option allocation price      :   R75.20
            Total value of transaction   :   R167 395.20
            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 director             :   Roelf van der Laan
            Name of major subsidiary     :   National Brands Limited
            Date of transaction          :   20 October 2026
            Number of options granted    :   2 226
            Price per share              :   R82.50
            Total value of transaction   :   R183 645.00
            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
            21 October 2026

            Sponsor
            The Standard Bank of South Africa Limited




Classified as Internal use only

Date: 21/10/2026 10:01:00
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