SPEAR REIT LIMITED - Dealings in Shares by Associates of a Director

Dealings in Shares by Associates of a Director

SPEAR REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2015/407237/06)
Share Code: SEA
ISIN: ZAE000228995
LEI: 378900F76170CCB33C50
Approved as a REIT by the JSE
("Spear" or "the Company")

DEALINGS IN SHARES BY ASSOCIATES OF A DIRECTOR

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

1.
 NAME OF DIRECTOR                                  Quintin Michael Rossi

 COMPANY OF WHICH A DIRECTOR                       Spear REIT Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                   Executive

 TYPE AND CLASS OF SECURITIES                      Ordinary shares

 NATURE OF TRANSACTION                             Purchase of shares by an associate of
                                                   the director (on-market transaction)   (1-2)

 DATE OF TRANSACTION                               22 May 2025                              (1)
                                                   23 May 2025                              (2)

 PRICE PER SECURITY (CENTS)                        High: 975                                (1)
                                                   Low: 967
                                                   Average:972.04

                                                   High: 992                                (2)
                                                   Low: 1 000
                                                   Average: 976

 NUMBER OF SECURITIES TRANSACTED                   2 700                                    (1)
                                                   1 000                                    (2)

 TOTAL RAND VALUE OF SECURITIES                    R26 245.00                               (1)
 TRANSACTED                                        R9 976.00                                (2)

 NAME OF ASSOCIATE                                 Evlah Investments Proprietary Limited    (1-2)

 RELATIONSHIP WITH DIRECTOR                        Director is a director of the associate and a
                                                   beneficiary and trustee of the associate's sole
                                                   shareholder                              (1-2)

 NATURE AND EXTENT OF INTEREST IN THE              Indirect, beneficial                     (1-2)
 TRANSACTION


2.
 NAME OF DIRECTOR                                 Quintin Michael Rossi

 COMPANY OF WHICH A DIRECTOR                      Spear REIT Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                  Executive

 TYPE AND CLASS OF SECURITIES                     Ordinary shares

 NATURE OF TRANSACTION                            Purchase of shares by an associate of the
                                                  director
                                                  (on-market transaction)

 DATE OF TRANSACTION                              22 May 2025

 PRICE OF SECURITY (CENTS)                        975

 NUMBER OF SECURITIES TRANSACTED                  1 500

 TOTAL RAND VALUE OF SECURITIES                   R14 625.00
 TRANSACTED

 NAME OF ASSOCIATE                                Miss EE Rossi

 RELATIONSHIP WITH DIRECTOR                       Minor child

 NATURE AND EXTENT OF INTEREST IN THE             Indirect, non-beneficial
 TRANSACTION


3.
 NAME OF DIRECTOR                                 Quintin Michael Rossi

 COMPANY OF WHICH A DIRECTOR                      Spear REIT Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                  Executive

 TYPE AND CLASS OF SECURITIES                     Ordinary shares

 NATURE OF TRANSACTION                            Purchase of shares by an associate of the
                                                  director (on-market transaction)

 DATE OF TRANSACTION                              22 May 2025

 PRICE OF SECURITY (CENTS)                        975

 NUMBER OF SECURITIES TRANSACTED                  1 500

 TOTAL RAND VALUE OF SECURITIES                   R14 625.00
 TRANSACTED

 NAME OF ASSOCIATE                                Miss EFR Rossi

 RELATIONSHIP WITH DIRECTOR                       Minor child

 NATURE AND EXTENT OF INTEREST IN THE             Indirect, non-beneficial
 TRANSACTION

Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.

Cape Town
26 May 2025

Sponsor
PSG Capital

Date: 26-05-2025 09:15:00
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