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

Exercise 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")


EXERCISE 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 exercise 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                           Exercise of award of options to acquire ordinary
                                                 shares in terms of the Scheme (off-market
                                                 transaction)
 DATE OF AWARD OF OPTIONS                        25 November 2022
 DATE OF EXERCISE OF OPTIONS                     15 December 2025
 OPTION STRIKE PRICE                             440 cents (10% discount to Frontier's 20-day
                                                 volume weighted average traded price prior to 25
                                                 November 2022)
 NUMBER OF OPTIONS EXERCISED                     1 117 482
 TOTAL RAND VALUE OF OPTIONS                     R4 916 920.80
 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                                UJ Gribble
 COMPANY OF WHICH A DIRECTOR                     Frontier
 STATUS: EXECUTIVE/NON-EXECUTIVE                 Executive
 TYPE AND CLASS OF SECURITIES                    Options to acquire ordinary shares
 NATURE OF TRANSACTION                           Exercise of award of options to acquire ordinary
                                                 shares in terms of the Scheme (off-market
                                                 transaction)
 DATE OF AWARD OF OPTIONS                        25 November 2022
 DATE OF EXERCISE OF OPTIONS                     15 December 2025
 OPTION STRIKE PRICE                             440 cents (10% discount to Frontier's 20-day
                                                 volume weighted average traded price prior to 25
                                                 November 2022)
 NUMBER OF OPTIONS EXERCISED                     71 067
 TOTAL RAND VALUE OF OPTIONS                     R312 694.80
 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 exercise the above share option awards was obtained in terms of paragraph 3.66 of the
JSE Limited Listings Requirements.

Cape Town
19 December 2025




Sponsor
Investec Bank Limited

Date: 19-12-2025 08:25:00
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