CITY LODGE HOTELS LIMITED - Dealings in Securities: Grant and Acceptance of Conditional Awards under the City Lodge Hotels Limited CSP

Dealings in Securities: Grant and Acceptance of Conditional Awards under the City Lodge Hotels Limited CSP

City Lodge Hotels Limited
(Incorporated in the Republic of South Africa)
(Registration. No. 1986/002864/06)
ISIN Code: ZAE000117792
Share Code: CLH
(“City Lodge” or the “Company”)

DEALINGS IN SECURITIES: GRANT AND ACCEPTANCE OF CONDITIONAL AWARDS UNDER
THE CITY LODGE HOTELS LIMITED CONDITIONAL SHARE PLAN 2021 (“CSP”)

In compliance with paragraphs 6.77 – 6.90 of the Listings Requirements of the JSE Limited
(“JSE”), shareholders are advised that the Executive Directors and Company Secretary have
been granted, and have accepted, conditional share awards in terms of the CSP in respect
of the 2027 financial year for the performance period ending 30 June 2029 as detailed below.

Vesting of the conditional shares is subject to performance and settlement conditions and
post-vesting holding periods.

The conditional awards have been awarded at the 20-day VWAP as at 30 September 2026
of R4.38 (“deemed price”).


Award and acceptance date:                   1 October 2026
Deemed price:                                R4.38
Class of shares:                             Ordinary shares of no par value
Vesting periods:                             1 October 2029: 50%
                                             1 October 2030: 25%
                                             1 October 2031: 25%


Nature of transaction:                       Off market award and acceptance of annual
                                             long-term incentive award of conditional
                                             shares issued in terms of the CSP
Extent of interest:                          Direct beneficial

Director:                                    A.C. Widegger
Office held:                                 Chief Executive Officer
Number of awards:                            1,918,543
Value of transaction:                        Threshold (30%): R2,520,965.50
                                             Target (65%): R5,462,091.92
                                             Stretch (100%): R8,403,218.34

Director:                                    D. Nathoo
Office held:                                 Chief Financial Officer
Number of awards:                            810,253
Value of transaction:                        Threshold (30%): R1,064,672.44
                                             Target (65%): R2,306,790.29
                                             Stretch (100%): R3,548,908.14

Director:                                    L.G. Siddo
Office held:                               Chief Operating Officer
Number of awards:                          749,555
Value of transaction:                      Threshold (30%): R984,915.27
                                           Target (65%): R2,133,983.08
                                           Stretch (100%): R3,283,050.90

Officer:                                   M.C. van Heerden
Office held:                               Group Company Secretary
Number of awards:                          247,925
Value of transaction:                      Threshold (30%): R325,773.45
                                           Target (65%): R705,842.48
                                           Stretch (100%): R1,085,911.50

The prerequisite clearance has been obtained in accordance with paragraph 6.83 of the JSE
Listings Requirements.

Bryanston
5 October 2026

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 05/10/2026 05:32:00
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