THE SPAR GROUP LIMITED - Voluntary operational update

Voluntary operational update

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" or the "Group")

VOLUNTARY OPERATIONAL UPDATE

SPAR shareholders are advised that, as part of the Group's ongoing focus on improving operational
efficiency and competitiveness, SPAR will be implementing a voluntary severance programme in certain
areas of the business ("Severance Programme").

The Severance Programme is part of a broader reset designed to align the Group's cost base with
current trading conditions and to ensure that SPAR is structured appropriately in order to support future
sustainable growth. The process does not affect the Group's retailers or services provided to SPAR's
retail network.

The Group remains focused on strengthening operational performance and supporting SPAR's network
of independent retailers.


Umhlanga
17 March 2026

Sponsor
One Capital

Date: 17-03-2026 12:05:00
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