Directors dealings in securities Lewis Group Limited Incorporated in the Republic of South Africa Registration number: 2004/009817/06 JSE share code: LEW ISIN: ZAE000058236 Bond code: LEWI (“Lewis Group” or “the group”) Directors Dealings in Securities In compliance with the requirements 3.63 to 3.74 of the JSE Listings Requirements, the following should be noted: 1. The Lewis 2019 Executive Retention Scheme Senior executives who are invited to co-invest have earned an annual bonus and have achieved the requisite performance targets set for them. These eligible executives can elect to invest f r o m 1 0 % u p a maximum percentage set by the Remuneration Committee (“the Committee”)for each executive. The Committee cannot set the percentage so determined above 100%. These invested shares (i.e. shares acquired using the executive’s net bonus) are held on behalf of executives for a period of three years and matching shares equal to the before tax bonus are awarded for no consideration at the end of the period. The invested shares are purchased by the employee share trust on the open market on behalf of executives. The matching share award will lapse, should the executive terminate his or her employment before the completion of the three year period other than in the event of death, ill-health, retirement or retrenchment. The following executives elected on 9 June 2021 to invest their percentage of the net bonus in the company’s shares and, consequently, matching share awards were awarded to them under the Lewis 2019 Executive Retention Scheme: Invested Matching Total Executive Designation Shares Share Value Award J. Enslin Executive Director, 69 593 126 533 R6 589 831 Lewis Group Ltd J. Bestbier Executive Director, 42 926 78 047 R4 064 707 Lewis Group Ltd W. Achmat Director, Lewis Stores 21 421 38 947 R2 028 361 (Pty) Ltd D. Loudon Director, 35 562 64 658 R3 367 379 Lewis Stores (Pty) Ltd R. Oliphant Director, 33 934 61 698 R3 213 252 Lewis Stores (Pty) Ltd The invested shares were allocated to the executives at a price of R33.60 being determined as an average of the last 3 trading day’s weighted average price. The matching share awards will be received by the scheme participants for no consideration. 2. The Lewis 2019 Executive Performance Scheme In terms of the scheme, executives have been offered the right to acquire shares of the company for no consideration subject to the achievement of performance targets. The share awards under this scheme will lapse, should the executive terminate his or her employment before the completion of the period of the award other than in the event of death, ill-health, retirement or retrenchment. The Committee have agreed to grant the executives a three year award under this scheme, details which are set out below. The performance targets are set by the Committee at the beginning of the each of the 3 years and are based on a weighting set for each executive depending on their daily employment responsibilities, of the following: - Headline earnings per share - Quality of the debtors book - Gross margin The following executives have been granted awards on 9 June 2021 under the Lewis 2019 Executive Performance Scheme Maximum No. of Executive Designation Shares for no Value consideration J. Enslin Executive Director, 210 794 R7 048 951 Lewis Group Limited J. Bestbier Executive Director, 128 769 R4 306 035 Lewis Group Ltd W.Achmat Director, 69 605 R 2 327 591 Lewis Stores (Pty) Ltd D. Loudon Director, 71 176 R2 380 125 Lewis Stores (Pty) Ltd Director, R. Oliphant (Pty) Ltd 69 152 R2 312 443 Lewis Stores (Pty) Ltd (Pty) Ltd The above values are deemed values based on a market price of R33.44, calculated in terms of the rules of the scheme. All the transactions as set out in 1 to 2 above were for the direct benefit of the director. The requisite clearances have been obtained. Cape Town 11 June 2021 Sponsor UBS South Africa (Pty) Ltd Debt sponsor Absa Bank Limited acting through its Corporate and Investment Banking Division Date: 11-06-2021 09:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.