ALTRON LIMITED - Dealing in Securities by a Director of a Major Subsidiary

Dealing in Securities by a Director of a Major Subsidiary

ALTRON LIMITED
(Registration number 1947/024583/06)
(Incorporated in the Republic of South Africa)
Share Code: AEL ISIN: ZAE000191342
(the "Company")

DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY

In compliance with the JSE Limited Listings Requirements, shareholders are advised of the following off market dealing
in the Company's securities:

 Date of transaction:                            16 January 2026
 Name of director:                               Grant Fraser
 Company:                                        Netstar Proprietary Limited
 Title:                                          Managing Director
 Class of securities:                            Altron A ordinary shares
 Nature of transaction:                          Retention of vested Bonus Shares awarded on 3 January 2023 in
                                                 terms of the Altron Share Plan Rules and sale of shares to settle tax
                                                 obligations
 Number of shares vested and retained:           334 448 shares at an exercise price of R19.63
 Number of shares sold:                          44 252 at a sale price of R19.59
 Total value of vesting:                         R6 565 214.24
 Total value of sale:                            R866 896.68
 Nature and extent of interest:                  Direct beneficial
 Clearance to deal:                              Yes

Woodmead
21 January 2026

JSE Equity Sponsor
Investec Bank Limited

Date: 21-01-2026 11:57:00
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