BURSTONE GROUP LIMITED - Dealings in Securities by an Executive Director and a Prescribed Officer

Dealings in Securities by an Executive Director and a Prescribed Officer

Burstone Group Limited
(Incorporated in the Republic of South Africa)
(Registration Number 2008/011366/06)
Approved as a REIT by the JSE
Share code: BTN
Bond code: BTNI
ISIN: ZAE000180915
("Burstone" or the "Company")

DEALINGS IN SECURITIES BY AN EXECUTIVE DIRECTOR AND A PRESCRIBED OFFICER

In compliance with the Listings Requirements of the JSE Limited, the following information is disclosed:

NAME OF DIRECTOR                                      AR Wooler
COMPANY                                               Burstone Group Limited
POSITION HELD                                         Executive Director
CLASS OF SECURITIES                                   Options in relation to ordinary shares
EXERCISE DATE OF OPTIONS                              24 March 2026
TRADE 1:
OPTION STRIKE PRICE                                   R9.33
NUMBER OF OPTIONS                                     57,276
TOTAL VALUE                                           R534,385.08
TRADE 2:
OPTION STRIKE PRICE                                   R9.25
NUMBER OF OPTIONS                                     521,169
TOTAL VALUE                                           R4,820,813.25

TOTAL NUMBER OF OPTIONS TRADED                        578,445
TOTAL VALUE                                           R5,355,198.33
                                                      Off-market exercise of share options awarded in
NATURE OF TRANSACTION                                 terms of the Long-Term Incentive Share Plans,
                                                      following vesting
NATURE AND EXTENT OF INTEREST                         Direct, Beneficial
NECESSARY APPROVAL OBTAINED                           Yes


NAME OF PRESCRIBED OFFICER                            GI Hutchinson
COMPANY                                               Burstone Group Limited
POSITION HELD                                         Prescribed Officer
CLASS OF SECURITIES                                   Options in relation to ordinary shares
EXERCISE DATE OF OPTIONS                              24 March 2026
TRADE 1:
OPTION STRIKE PRICE                                   R9.34
NUMBER OF OPTIONS                                     18,301
TOTAL VALUE                                           R170,931.34
TRADE 2:
OPTION STRIKE PRICE                                   R9.25
NUMBER OF OPTIONS                                     161,573
TOTAL VALUE                                           R1,494,550.25

TOTAL NUMBER OF OPTIONS TRADED                        179,874
TOTAL VALUE                                           R1,665,481.59
                                                      Off-market exercise of share options awarded in
NATURE OF TRANSACTION                                 terms of the Long-Term Incentive Share Plans,
                                                      following vesting
NATURE AND EXTENT OF INTEREST                         Direct, Beneficial
NECESSARY APPROVAL OBTAINED                           Yes


26 March 2026
Johannesburg

Debt and Equity Sponsor
Investec Bank Limited

Date: 26-03-2026 03:13:00
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