SOUTHERN SUN LIMITED - Grant and Acceptance of Share Appreciation Rights by Directors

Grant and Acceptance of Share Appreciation Rights by Directors

Southern Sun Limited
Incorporated in the Republic of South Africa
Registration number 2002/006356/06
Share Code: SSU ISIN: ZAE000272522
("Southern Sun" or "the Company")

GRANT AND ACCEPTANCE OF SHARE APPRECIATION RIGHTS BY DIRECTORS

In compliance with Paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information
is disclosed in relation to the granting and acceptance of Share Appreciation Rights ("SARs") in terms of the
Southern Sun Share Appreciation Rights Plan by directors of the Company.

 Director                                Marcel Von Aulock
 Designation                             Chief Executive Officer
 Company                                 Southern Sun
 Nature of transaction                   Grant and acceptance of SARs, off market
 Nature of interest                      Direct, beneficial
 Class of shares                         Ordinary SSU shares
 Date of grant of SARs                   1 October 2024
 Date of acceptance                      6 December 2024
 Clearance to deal                       Yes
      Number of      SARs strike price    Value of transaction    Vesting date of SARs        Expiry Date of
      SARs                                                                                              SARs
      1 297 219                R7.7088             R10 000 000              30/09/2027            30/09/2028


 Director                                Laurelle McDonald
 Designation                             Chief Financial Officer
 Company                                 Southern Sun
 Nature of transaction                   Grant and acceptance of SARs, off market
 Nature of interest                      Direct, beneficial
 Class of shares                         Ordinary SSU shares
 Date of grant of SARs                   1 October 2024
 Date of acceptance                      6 December 2024
 Clearance to deal                       Yes
      Number of      SARs strike price    Value of transaction    Vesting date of SARs       Expiry Date of
      SARs                                                                                             SARs
      648 609                  R7.7088              R5 000 000              30/09/2027           30/09/2028


06 December 2024

Sponsor
Investec Bank Limited

Date: 06-12-2024 02:15:00
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