THE SPAR GROUP LIMITED - Dealings in securities

Dealings in securities

THE SPAR GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1967/001572/06)
JSE and A2X share code: SPP
ISIN: ZAE000058517
("SPAR")

DEALINGS IN SECURITIES

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements
("Listings Requirements"), SPAR hereby advises its shareholders of the following acceptances of
awards of performance shares by directors of SPAR granted on 15 December 2025 ("Award Date"), in
terms of the SPAR Conditional Share Plan ("CSP"):


 Date of acceptance:                           17 December 2025
 Class of securities:                          Performance shares linked to SPAR ordinary shares,
                                               subject to the vesting criteria of the CSP
 Vesting period:                               Three years from the Award Date, terminating on
                                               15 December 2028
 Deemed value per share:                       R96.8011, being the 5-day volume weighted average
                                               price of SPAR ordinary shares immediately prior to
                                               the Award Date
 Nature and extent of interest:                Direct beneficial
 Transactions completed:                       Off-market
 Clearance given in terms of paragraph 3.66
 of the Listings Requirements:                 Yes

 Acceptance 1
 Name of director:                             Angelo Swartz
 Number of shares:                             68 336 performance shares
 Total deemed value:                           R6 614 999.97

 Acceptance 2
 Name of director:                             Megan Pydigadu
 Number of shares:                             68 336 performance shares
 Total deemed value:                           R6 614 999.97

 Acceptance 3
 Name of director:                             Reeza Isaacs
 Number of shares:                             68 336 performance shares
 Total deemed value:                           R6 614 999.97


Umhlanga
18 December 2025

Sponsor
One Capital

Date: 18-12-2025 02:45:00
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