Acquisition Of Ordinary Shares By Directors In Terms Of The Afrimat Forfeitable Share Plan AFRIMAT LIMITED Incorporated in the Republic of South Africa (Registration number: 2006/022534/06) Share code: AFT ISIN: ZAE000086302 (“Afrimat” or “the Company”) ACQUISITION OF ORDINARY SHARES BY DIRECTORS IN TERMS OF THE AFRIMAT FORFEITABLE SHARE PLAN In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed: 1. NAME OF DIRECTOR Pieter GS de Wit COMPANY OF WHICH A DIRECTOR Afrimat Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTION Acquisition of ordinary shares through the vesting of awards in terms of the Afrimat Forfeitable Share Plan (off-market transaction) DATE OF AWARD 30 November 2018 DATE OF VESTING 30 November 2021 DATE OF TRANSACTION 30 November 2021 DEEMED PRICE PER SHARE R51.25 (closing price on 30 November 2021) NUMBER OF SECURITIES ACQUIRED 35 750 AFTER SETTLEMENT OF TAX DEEMED TOTAL RAND VALUE OF R1 832 187.50 SECURITIES TRANSACTED NATURE AND EXTENT OF INTEREST IN Direct, beneficial THE TRANSACTION 2. NAME OF DIRECTOR Collin Ramukhubathi COMPANY OF WHICH A DIRECTOR Afrimat Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTION Acquisition of ordinary shares through the vesting of awards in terms of the Afrimat Forfeitable Share Plan (off-market transaction) DATE OF AWARD 30 November 2018 DATE OF VESTING 30 November 2021 DATE OF TRANSACTION 30 November 2021 DEEMED PRICE PER SHARE R51.25 NUMBER OF SECURITIES ACQUIRED 35 750 AFTER SETTLEMENT OF TAX (closing price on 30 November 2021) DEEMED TOTAL RAND VALUE OF R1 832 187.50 SECURITIES TRANSACTED NATURE AND EXTENT OF INTEREST IN Direct, beneficial THE TRANSACTION Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Cape Town 1 December 2021 Sponsor PSG Capital Date: 01-12-2021 05:00:00 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.