FRONTIER TRANSPORT HOLDINGS LIMITED - Acceptance of Options by Directors in terms of the Frontier Group Employee Option Scheme

Acceptance of Options by Directors in terms of the Frontier Group Employee Option Scheme

FRONTIER TRANSPORT HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 2015/250356/06
Share code: FTH
ISIN: ZAE000300505
("Frontier")

ACCEPTANCE OF OPTIONS BY DIRECTORS IN TERMS OF THE FRONTIER GROUP EMPLOYEE OPTION SCHEME ("SCHEME")

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following
information regarding the acceptance of options is disclosed:

 NAME OF DIRECTOR                                FE Meyer
 COMPANY OF WHICH A DIRECTOR                     Frontier
 STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive
 TYPE AND CLASS OF SECURITIES                    Options to acquire ordinary shares
 NATURE OF TRANSACTION                           Acceptance of award of options to acquire
                                                 ordinary shares in terms of the Scheme (off-
                                                 market transaction)
 DATE OF AWARD OF OPTIONS                        09 December 2024
 DATE OF ACCEPTANCE OF OPTIONS                   20 December 2024
 OPTION STRIKE PRICE                             679 cents (10% discount to Frontier's 20-day
                                                 volume weighted average traded price prior to 26
                                                 November 2024)
 NUMBER OF OPTIONS ACCEPTED                      342 752
 TOTAL RAND VALUE OF OPTIONS                     R2 327 286.08
 VESTING DATES OF OPTIONS                        Vesting in tranches of 33.33% each on the 3rd,
                                                 4th and 5th anniversary of the option award date.
 PERIOD OF EXERCISE                              The director has a period of six months from the
                                                 vesting date during which options can
                                                 be exercised.
 NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
 THE TRANSACTION

 NAME OF DIRECTOR                                ML Wilkin
 COMPANY OF WHICH A DIRECTOR                     Frontier
 STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive
 TYPE AND CLASS OF SECURITIES                    Options to acquire ordinary shares
 NATURE OF TRANSACTION                           Acceptance of award of options to acquire
                                                 ordinary shares in terms of the Scheme (off-
                                                 market transaction)
 DATE OF AWARD OF OPTIONS                        09 December 2024
 DATE OF ACCEPTANCE OF OPTIONS                   20 December 2024
 OPTION STRIKE PRICE                             679 cents (10% discount to Frontier's 20-day
                                                 volume weighted average traded price prior to 26
                                                 November 2024)
 NUMBER OF OPTIONS ACCEPTED                      214 802
 TOTAL RAND VALUE OF OPTIONS                     R1 458 505.58
 VESTING DATES OF OPTIONS                        Vesting in tranches of 33.33% each on the 3rd,
                                                 4th and 5th anniversary of the option award date.
 PERIOD OF EXERCISE                              The director has a period of six months from the
                                                 vesting date during which options can be
                                                 exercised.
 NATURE AND EXTENT OF INTEREST IN                Direct, beneficial
 THE TRANSACTION

Clearance to accept the above share option awards was obtained in terms of paragraph 3.66 of the
JSE Limited Listings Requirements.

Cape Town
20 December 2024

Sponsor
Investec Bank Limited

Date: 20-12-2024 01:15:00
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